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BUSINESS

Oyo nurses threaten indefinite strike, issue 14-day ultimatum

The Oyo state council of the National Association of Nigeria Nurses and Midwives has threatened to embark on an indefinite strike if their demands are not met in 14 working days. The council in a letter addressed to Governor Seyi Makinde on Thursday, May 2, 2024, stated that the resolution was made after its state executive council meeting held on Tuesday on issues affecting the welfare and career progression of […]

todayMay 3, 2024 14

BUSINESS

Govt palliative worsening food inflation, says Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the huge purchase of foodstuffs by the government as palliatives is contributing to the galloping food inflation in the country. He stated this in his contributions during the March Monetary Policy Committee, which was published on the website of the CBN. The MPC increased the benchmark interest rate to 24.75 per cent, from 22.75 per cent. The […]

todayMay 3, 2024 1

ENTERTAINMNET

Sanwo-Olu appoints KWAM1’s daughter as SSA

The Governor of Lagos State, Mr Babajide Sanwo-Olu, has appointed Basirat Damilola Marshall, daughter of Fuji maestro, King Wasiu Ayinde Marshall, a.k.a KWAM1, as his Senior Special Assistant on Tourism. This was according to a viral video of her father thanking the governor, and congratulatory messages sighted by PUNCH Online on her Instagram page, @damimarshall_ on Thursday. In the viral video, her father, KWAM1, while performing on stage at the coronation […]

todayMay 3, 2024 8

BUSINESS

Drama as outage disrupts power minister’s speech at N’Assembly

Drama played out on Monday when power supply was seized as the Minister of Power, Adebayo Adelabu, was speaking at the National Assembly. Adelabu was fielding questions from senators at the investigative hearing on “the need to halt the increase in the price of electricity” organised by the Senate Committee on Power. Power was, thereafter, restored in less than five minutes. Speaking about the power interruption, the Chairman of the […]

todayApril 30, 2024 22

BUSINESS

Minimum wage may not be less than N100,000 – Economist

Chief economist at SPM Professionals, Paul Alaje, shares his thoughts with AYOOLA OLASUPO on some of the recent economic policies made by the Federal Government among others Recently, the Central Bank of Nigeria increased Nigeria’s Monetary Policy Rate known as interest rate from 22.75% to 24.75%. What implications will this have on the private sector? What do you think of the Central Bank of Nigeria stimulating this programme at this point? I […]

todayApril 29, 2024 9

NEWS

APC, LP endorse bill seeking to bar tax-evading politicians from elections

The ruling All Progressives Congress and Labour Party have thrown their weight behind the proposed bill seeking to stop politicians guilty of tax evasion from running for elective offices in the country. The endorsement comes in the wake of Friday’s announcement by the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, that the executive bill is scheduled to be passed in the National Assembly. Oyedele disclosed […]

todayApril 29, 2024 16

NEWS

Political chess: Wike, Fubara resume Rivers supremacy battle

DENNIS NAKU reports on the latest power struggle between the Minister of the Federal Capital Territory, Nyesom Wike, and Rivers State Governor, Siminalayi Fubara, over the political control of the state, following the collapse of the peace deal facilitated by President Bola Tinubu and the efforts by the duo to strengthen their respective support bases in the state IN the run-up to the 2023 general elections, the relationship between Nyesom […]

todayApril 29, 2024 16

NEWS

Even airport puff-puff sellers claim to be aviation experts in Nigeria – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo, has said that when it comes to aviation matters, everyone, including puff-puff sellers at the airport, has a say. Keyamo disclosed this when he appeared on Channels Television’s Politics Today to speak on Nigerian Civil Aviation Authorities’ action over the health status of Dana Airline on Thursday. The PUNCH had earlier reported that the NCAA suspended the Air Operator Certificate of Dana […]

todayApril 26, 2024 12

NEWS

Demolition of buildings for Lagos-Calabar coastal road begins Saturday

The Federal Government has announced that the demolition of buildings situated within the right of way of the Lagos-Calabar Coastal Road will commence this coming Saturday. According to Channels Television’ on Thursday, the Federal Controller of Works in Lagos State, Korede Keisha, disclosed this during a press briefing held in Lagos on Thursday. Keisha urged all residents whose houses have been earmarked for demolition to visit the ministry’s secretariat in […]

todayApril 26, 2024 19

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