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…
Lagos State Security Trust Fund Postpones 18th Annual Town Hall Meeting on Security The Lagos State Security Trust Fund (LSSTF) has announced the postponement of its 18th Annual Town Hall Meeting on Security, originally scheduled for November 28, 2024, at the Civic Centre, Victoria Island, Lagos. The event, themed “Data & Technology Driven Security: The…
Improved Community engagement will end social norms and other gender based violence. Programme Coordinator, United Nations Population Fund , Lagos Office, Abbigail Msemburi emphasized this at a Walk to commemorate the year 2024 16 Days of Activism against Gender-Based Violence Campaign in collaboration with the Ministry of Women Affairs and Poverty Alleviation, Lagos State. Msemburi…
Access Bank has denied claims that N500m is missing from a customer’s account. In a statement issued via its social media accounts on Sunday, the bank maintained that it doesn’t engage in unethical practices or condone them. A social media influencer, Vincent Otse, popularly called VeryDarkMan, in a viral video accused the bank of sharp…
The Dangote Petroleum Refinery says it has reduced the price of its Premium Motor Spirit from N990 per litre to N970/litre. This is the amount marketers would buy the product from the refinery. In a statement released on Sunday, the Group Chief Branding and Communications Officer of the Dangote Group, Anthony Chiejina, said the reduction…
The president arrived at the Nnamdi Azikiwe International Airport in Abuja late on Saturday. He was welcomed by a team of government officials and other top dignitaries, hours after he left the Galeao Air Force Basa (SBGL) Airport, Rio de Janeiro. Tinubu attended the summit during which he endorsed the global alliance against hunger and…
The Minister of Aviation and Aerospace Development, Festus Keyamo, has promised to appoint a team of special marshals to monitor staff conduct and assess the general hygiene and conditions of the airports. The development aims to enhance airport hygiene and professionalism while ensuring passenger expectations are consistently met. The special marshals will be drawn from…
A former Minister of Petroleum, Diezani Alison-Madueke, has requested to amend her suit before Justice Inyang Ekwo of the Federal High Court AbujaShe is challenging the order obtained by the Economic and Financial Crimes Commission (EFCC) for final forfeiture of her seized assets. At the Resumed hearing, Justice Ekwo asked her counsel if he had…
The Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu . The Senate presided by Deputy Senate President, Barau Jibrin, approved the loan after the Senate Committee on Local and Foreign Debts chaired by Senator Wammako Magatarkada (APC, Sokoto North) presented the report of the committee. The request which…
