Protesters to gather across multiple states on October 1, demanding action from the government on hunger and economic hardship.” The Take-It-Back Movement protests are scheduled to kick off on October 1, 2024, across various Nigerian states. Organizers are rallying citizens to demand urgent government intervention in addressing the severe hunger and economic challenges impacting the…
The ongoing NNPCL and Dangote Refinery petrol price dispute has sparked widespread attention, as conflicting claims over the cost of petrol continue to stir controversy. While NNPCL asserts that it purchased fuel at N898 per litre, Dangote Refinery maintains it sold at a lower price, though it has yet to disclose exact figures. This dispute…
“Master the Art of Managing Wealth After Retirement in Nigeria with These Key Strategies Retirement can be an exciting phase of life, but without proper planning, it can also bring financial uncertainty. It’s important to understand how to manage wealth after retirement in Nigeria to ensure a secure and stress-free future. By adopting key strategies…
Experts express concerns over CBN’s new 27.25% interest rate, citing negative impacts on investment and economic growth Financial experts have expressed serious concerns over the recent hike in the Central Bank of Nigeria’s (CBN) Monetary Policy Rate (MPR) to 27.25%. They warn that the increase could severely affect investment opportunities and hinder overall economic growth…
APC calls on Yiaga Africa to stop questioning the credibility of the Edo election results The All Progressives Congress (APC) has issued a firm warning to Yiaga Africa, a civil society organization, urging them to desist from questioning the credibility of the recently concluded Edo State governorship election. According to the APC, the electoral process…
The Nigerian government may incur significant costs to subsidize petrol from both imported sources and the Dangote refinery. The Nigerian government is bracing for a potential monthly subsidy of N236 billion on petrol sourced from both the Nigerian National Petroleum Company (NNPC) and the Dangote Petroleum Refinery. This situation arises as the government seeks to…
Nigeria’s Security Personnel Shortage: A Growing Concern Nigeria’s security personnel shortage has become a critical issue, according to the Chief of Army Staff, Lieutenant General Taoreed Lagbaja. Speaking at a recent event, he explained that securing over 200 million citizens with only 2 million security agents is unrealistic, especially given the Nigerian Army’s manpower of…
In a move fulfilling Governor Alex Otti’s commitment, the Abia State Government is set to begin paying a N70,000 minimum wage to all workers in October, alongside plans to enhance the state’s justice and healthcare systems. The Abia State Government has officially announced that it will begin paying the N70,000 minimum wage starting October. This…
The Central Bank of Nigeria increases the monetary policy rate in a bid to stabilize inflation and manage liquidity challenges The Central Bank of Nigeria (CBN) raises interest rate to 27.25%, marking a significant shift in monetary policy as the country grapples with inflationary pressures. The Central Bank’s Monetary Policy Committee (MPC), during its 297th…
Olumide Akpata, the Labour Party’s (LP) candidate in the recent Edo State governorship election, expressed his dissatisfaction with the election process, highlighting widespread vote-buying allegedly facilitated by the two dominant political parties, the All Progressives Congress (APC) and the Peoples Democratic Party (PDP). Despite these challenges, Akpata affirmed his commitment to serving Nigeria and Edo…
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