Lagos State Governor Mr. Babajide Sanwo-Olu has suspended his Senior Special Assistant on Print Media, Mr. Wale Ajetunmobi. Mr. Ajetunmobi’s suspension comes on the heels of the misrepresentation of facts on his personal “X” account on a past incident. The Governor wishes to state categorically that his administration frowns at any form of extra judicial…
President Tinubu has been urged not to allow a monopoly in the oil sector, which could lead to higher fuel prices and a single point of failure for the nation’s fuel supply. The Nigerians in Diaspora Movement (NDM) has alleged that the Nigerian National Petroleum Corporation Limited (NNPCL) is fostering a monopolistic environment favouring Dangote…
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per cent as part of efforts to combat surging inflation. This followed the meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). The monetary policy rate measures the benchmark interest rate….
The Nigerian Labour Congress (NLC) has dismissed the reported decline in Nigeria’s unemployment rate, as published by the National Bureau of Statistics (NBS) on Monday, calling it fictional and inconsistent with the reality on the ground. This stance was supported by the Organised Private Sector (OPS), which also stated that the report fails to reflect…
Nigeria’s Gross Domestic Product (GDP) has grown by 3.46 per cent in real terms in the third quarter (Q3) of 2024 on a year-on-year basis. This is according to a Monday GDP report published by the National Bureau of Statistics (NBS) which showed that the growth represents a 3.19 percent increase from the one recorded…
