The rising inflation will affect the new minimum wage. ‘Rising Inflation May Halt Interest Rate Reduction’ Your browser does not support the video tag. Members of the Organised Private Sector have expressed fear that the recent uptick in Nigeria’s inflation rate risks shattering initial hopes of a reduced interest rate. According to the National Bureau
Heineken Lokpobiri FG Halts Importation of Oil Pipelines Your browser does not support the video tag. The Federal Government has announced a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Thursday during the launch of Monarch Alloys 33LPE and concrete weight coating facility
Delta State Governor, Sheriff Oborevwori, made headlines on Wednesday as he officially left the Peoples Democratic Party (PDP) and joined the All Progressives Congress (APC). His defection is the latest example of sitting governors switching political parties, a trend that has occurred multiple times in recent years. Oborevwori won the 2023 governorship election under the
When we think of powerful positions in global religion, few roles are more iconic than that of the Pope or a Vatican Cardinal. But ever wondered how much these figures actually earn? It’s a fair question, especially considering the Catholic Church’s global influence, centuries-old traditions, and well-preserved secrecy. Recent reports have finally pulled back the
A Nigerian-born man, Oladapo Olalekan Fadugba, 40, has been indicted in the United States for allegedly stealing over $690,000 in government healthcare funds and lying under oath during his U.S. naturalization process. The U.S. Attorney for the Middle District of Florida, Gregory W. Kehoe, announced the charges on Wednesday, detailing a federal indictment that includes
Singer Tuface Idibia and his fiancée, Honourable Natasha Osawaru, are set to wed traditionally this Friday, April 25, 2025, in Benin City. The announcement was made by Stella Dimoko Korkus, who revealed through her sources that the much-anticipated traditional wedding ceremony is all set to take place on the mentioned date. According to Korkus, the
The first quarter of 2025 has been an exciting ride for Nigerian music lovers. Whether on the road, at a party, or scrolling through social media, there’s been no escaping the sounds and songs that have defined the start of the year. Turntable Charts recently released its list of Nigeria’s most-streamed songs from January to
ASUU Your browser does not support the video tag. Education Minister Dr. Maruf Alausa announced on Wednesday that the Federal Government has released N50 billion to university staff unions. This money will settle earned allowances that President Bola Tinubu had promised to pay. The announcement came through Folasade Boriowo, Director of Press at the Federal
Donald Trump Your browser does not support the video tag. The United States Treasury Secretary, Scott Bessent, revealed on Wednesday that the Trump administration would pursue a significant overhaul of the International Monetary Fund and World Bank as it seeks a “sustainable international economic system” that better serves the United States and other countries. Bessent
Debt Management Office (DMO) Your browser does not support the video tag. The Federal Government plans to raise between N900bn and N1.2tn from the domestic bond market in the second quarter of 2025, a sharp drop from the N1.8tn targeted in the first quarter of the year. This is according to the FGN Bond Issuance
Heineken Lokpobiri Your browser does not support the video tag. The Federal Government has again tasked indigenous oil companies to ramp up production to meet both domestic and export demands and boost revenue remittance to government coffers. The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, made the call in Abuja when he received
The Comptroller-General of the Nigeria Customs Service (NCS), Mr Bashir Adewale Adeniyi Your browser does not support the video tag. The Nigeria Customs Service has said that with 159 cases involving 135,474 bags valued at N939m, rice remained the most prevalent commodity seized by the service in the first quarter of 2025. The Comptroller-General of