The Arewa Consultative Forum (ACF) has condemned what it describes as ongoing attempts to undermine the Dangote Petroleum Refinery and Petrochemicals Company. It has also called for the protection of the multi billion dollar facility as a strategic national asset. In a statement signed by its National Publicity Secretary, Prof. Tanko Baba, the ACF expressed…
As Nigeria celebrates her 65th Independence Anniversary, Zoe New Dawn Nigeria Limited, a trailblazer in the real estate sector, joins the nation in honoring six and a half decades of resilience, growth, and opportunity. Led by Dr. Engr. Stephen Achema Akpa, Chairman and Chief Executive Officer of Zoe New Dawn Nigeria Limited and Rehoboth City…
President Bola Tinubu says his administration has achieved 12 remarkable economic milestones in just over two years, driven by sound fiscal and monetary policies. Speaking during a televised broadcast marking Nigeria’s 65th Independence anniversary, the president said his reforms were now delivering tangible results. He said: “Under our leadership, our economy is recovering…
The Nigeria Employers’ Consultative Association (NECA) has cautioned that the ongoing strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) could amount to economic sabotage and further weaken the country’s fragile economy. NECA’s Director-General, Adewale-Smatt Oyerinde, in a statement on Tuesday in Abuja, said while unions had the right to strike,…
Justice Emmanuel Danjuma Subilim of the National Industrial Court in Abuja has restrained the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) from embarking on its planned industrial action against Dangote Petroleum Refinery and Petrochemicals FZE. The interim order, granted on Monday following an ex-parte motion by Dangote Refinery, also bars the Nigerian…
The Federal Airports Authority of Nigeria (FAAN) on Monday unveiled its contactless payment system at the Murtala Muhammed International Airport, Lagos, with projections to triple revenue generation. Managing Director of FAAN, Mrs. Olubunmi Kuku, represented by the Director of Public Affairs and Consumer Protection, Mr. Henry Agbebire, said the “Operation Go Cashless” initiative would strengthen…
The Federal Government has mobilised rescue operations to Kadauri community in Maru Local Government Area of Zamfara State, where a mining pit collapse killed several artisanal miners. Minister of Solid Minerals Development, Dr Dele Alake, disclosed this in a statement issued on Sunday in Abuja by his Special Assistant on Media, Segun Tomori. He said…
Nigeria’s plan to raise the salaries of political office holders has drawn sharp criticism, with stakeholders urging the government to focus on civil service reform and public welfare instead. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) announced the review last week, noting that political leaders currently earn less than heads of agencies. Figures show…
Shareholders of Unity Bank Plc have overwhelmingly approved a proposed merger with Providus Bank Limited, a deal regulators say will reinforce stability in Nigeria’s financial sector. At a court-sanctioned Extraordinary General Meeting held on 26 September, 293 Unity Bank shareholders, representing 99.32 per cent of total shareholding worth ₦4.4 billion, voted in favour of the…
The Independent Media and Policy Initiative (IMPI) has welcomed the decision of the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) to 27 per cent. Dr Omoniyi Akinsiju, IMPI Chairman, said this in a statement on Wednesday in Abuja. Akinsiju said that the decision aligned with the position IMPI’s analysts had…
