Cost of living: More Nigerians may join Japa train as hardship worsens

Cost of living: More Nigerians may join Japa train as hardship worsens

Strong indications have emerged more Nigerians may relocate from the country in 2023 and beyond as the nation’s socio-economic conditions worsen, and hope remains bleak. This came on the heels of the recent removal of fuel subsidy, further depreciation of the naira, impending increase in electricity tariff, and the introduction of Value Added Tax on diesel amid an already battered economy. The Nigerian economy has been exposed to numerous economic […]

July 10, 2023 16

NEWS

NACCIMA hails Tinubu’s emergence as ECOWAS Chair

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has congratulated President Bola Tinubu on his election as the Chairman of the Economic Community of West African States. NACCIMA’s President, Mr. Dele Oye, made this known via a statement released on Sunday in Lagos. Recall that Tinubu emerged as the Chairman of ECOWAS at the 63rd Ordinary Session of the regional bloc in Guinea Bissau. Oye said the […]

July 10, 2023 14

NEWS

Ministerial appointment: N’Assembly awaits nominees as Tinubu sends list to DSS, EFCC, others

Expectations on the ministerial list have heightened as President Bola Tinubu clocks over 40 days in office. By law, Tinubu is required to name his cabinet within 60 days after taking the oath of office on May 29 and transmits it to the Senate for confirmation. With less than 18 days to submit his cabinet list to the National Assembly as recommended by the constitution, lawmakers and other Nigerians are […]

July 10, 2023 19

BUSINESS

The Nigeria Deposit Insurance Corporation says the deposits of directors and staff of defunct banks are excluded from its Deposit Insurance Scheme.

The Nigeria Deposit Insurance Corporation says the deposits of directors and staff of defunct banks are excluded from its Deposit Insurance Scheme. This was disclosed during the Financial Literacy Day Programme organized by the NDIC on Monday in Abuja While discussing the mandate and the operations of the corporation, Spokesperson of the agency, Tanko Yahaya, noted that the Deposit Insurance Scheme does not cover insider deposits, among others.

June 27, 2023 108

BUSINESS

Power distribution companies have stepped down on their earlier announcement of a tariff hike projected

Power distribution companies have stepped down on their earlier announcement of a tariff hike projected to take effect from July 1, 2023, as they stated that the Nigerian Electricity Regulatory Commission had yet to approve the hike. This is as various public notices from some of the Discos had stated that the electricity tariff would be raised by about 30 to 40 per cent for selected categories of consumers on […]

June 27, 2023 98

SPORTS

Okocha dazzles in Ronaldinho’s legends match

Super Eagles legend, Austin Okocha, was in Florida on Friday to honour a legends’ game organised by former teammate, Ronaldinho, and again reminded fans of his mesmerising skills. Tagged ‘The Beautiful Game’ the second edition of the exhibition game in Orlando City was a reunion of former stars and current players and an assortment of other celebrities at Exploria Stadium. The teams were captained by Brazilians Ronaldinho and Roberto Carlos with Nigeria’s […]

June 26, 2023 23

NEWS

Senate presidency: Yari, Kalu’s leadership will be reliable, Northern leader tells Tinubu

A Northern leader, Dr Bashir Lamido, has said it will be easier for former Zamfara and Abia governors, Abdulaziz Yari and Orji Uzor Kalu, to win the Senate leadership election, saying the president, Bola Tinubu, would have a reliable National Assembly under their leadership. According to him, both lawmakers complement each other and would help President Bola Tinubu succeed in office. Lamido, while speaking with journalists in Abuja on Wednesday, […]

June 8, 2023 48

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