Subsidy pains: Labour vows to ground economy, begins strike

Subsidy pains: Labour vows to ground economy, begins strike

The Nigeria Labour Congress has vowed to ground the economy as it says the stage is set for a two-day nationwide warning strike in response to the severe economic hardships plaguing the nation on the aftermath of subsidy removal by the Federal Government. This move has garnered widespread support from key stakeholders, including the banking sector, civil society organisations, and workers’ unions, as they unite to address the growing economic […]

September 5, 2023 15

NEWS

Gabon’s new leader vows ‘free’ elections, amnesty for dissenters

Gabon’s coup leader, General Brice Oligui Nguema, vowed, after being sworn in as interim president on Monday, to restore civilian rule through “free, transparent and credible elections” after a transition and amnesty prisoners of conscience. In a speech after taking the oath of office, Nguema said the elections would be the stepping stone to “handing power back to the civilians,” although he did not give a timeline. Nguema said he […]

September 4, 2023 14

NEWS

BREAKING: Ogun LG boss regains freedom from DSS custody

The suspended Chairman of Ijebu East Local Government Area of Ogun State, Hon Wale Adedayo, detained since last Friday by the Department of State Security Services has regained his freedom. Adedayo, who spoke with our correspondent in Abeokuta shortly after he was released, disclosed that he was summoned by the DSS based on a petition written against him that he was making inciting comments that could jeopardize public peace. The […]

September 4, 2023 10

NEWS

NIN registration: FG records 48% of monthly target

The National Identity Management Commission has only been able to meet 47.6 per cent of the Federal Government’s monthly target of 2.5 million registrations in the first eight months of the year, according to findings by The PUNCH. This is as the number of Nigerians with National Identification Numbers increased to 102.39 million in August despite a slowdown in the number of enrolments. According to the NIMC data obtained and […]

August 31, 2023 131

NEWS

Banks, 18 others, fined N125m for late filings

At least eight banks and 18 other listed companies have been fined N125m for failing to file their 2022 audited financial statements and quarterly reports for the first half of 2023 as required by Nigerian Exchange The affected banks were Unity Bank, FBN Holdings, Access Holdings, Fidelity Bank, Jaiz Bank, Wema Bank, Guaranty Trust Holdings Plc and Ecobank Transnational Incorporated. John Holt, PZ Cussons, Notore Chemical, Glaxo SmithKline Consumer Nigeria, […]

August 28, 2023 81

NEWS

PICTORIAL: Drama as security aide denies Shaibu access to Obaseki

There was a drama in Edo State Government House as security personnel restrained the deputy governor, Philip Shaibu, from assessing the Governor, Godwin Obaseki at a public function on Sunday. In the viral photos on social media platforms, Obaseki was seen sitting with his wife while the security aide stood in front of him to stop the access at the Interdenominational Thanksgiving Church Service to mark Edo’s 32nd year anniversary, […]

August 28, 2023 12

BUSINESS

GSK: Experts fear more coys may exit Nigeria

Operators have expressed fears of more foreign companies leaving the country, following the recent announcement of GlaxoSmithKline Consumer Nigeria Plc to shut down its operations in the Nigeria. GSK, a company into research that developed and manufactured innovative pharmaceutical medicines, vaccines and consumer healthcare products, said its parent company, GSK Plc UK, revealed its intention to cease commercialisation of its prescription medicines and vaccines through its Nigerian subsidiary. It would […]

August 9, 2023 15

POLITICS

Obaseki dismisses impeachment plot, says Shaibu planning APC defection

The Edo State Governor, Godwin Obaseki, on Monday, stated that there was no plan to impeach his deputy, Philip Shaibu. The governor, however, noted that the move by Shaibu seeking a court order to stop his purported impeachment was preemptive ahead of his alleged plan to defect to the All Progressives Congress. The governor, while briefing journalists in Benin City during a visit by the Edo North leaders, alleged that […]

August 8, 2023 80

POLITICS

Niger coup plotters name economist as new prime minister

Nearly two weeks after the military took over power in Niger, the coup plotters have named former economy minister Ali Mahaman Lamine Zeine as the country’s new prime minister. A spokesman for the military junta made the announcement on television late on Monday night. Lamine Zeine was formerly the minister of economy and finance for several years in the cabinet of then-president Mamadou Tandja, who was ousted in 2010, and […]

August 8, 2023 95

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