Tuesday, 19 March, 2024

Category: Business


Nineteen directors at the Central Bank of Nigeria (CBN) are set to be dismissed in the coming days, following the recent termination of seven directors last Friday. While two of the terminated directors have accepted their fate, the other five Read more…


The Anambra State Governor, Prof. Chukwuma Soludo, has said he initially declined to construct a road in Okpoko community in Ogbaru Local Government Area of the state because the House of Representatives member representing the area, Noble Igwe, was in Read more…


The Academic Staff Union of Universities (ASUU) has said it does not in anyway objected to the members of the Senior Staff Association of Nigerian Universities(SSANU) and the Non-Academic Staff Union of Universities (NASU) from embarking on one- week warning Read more…


From Ifeoma Ejiofor The Physically challenged employed staff of Nnamdi Azikiwe University, (Unizik) Awka on Sunday cried out over the failure of the management to pay them their salaries for the five years. The affected staffers who will not want Read more…


Governor of Enugu State, Dr. Peter Mbah, says only radical thinking and creative approach to governance, such as adopted by his administration, could stimulate rapid economic development in the 36 states of Nigeria, given the nation’s brand of presidential federalism, Read more…


President Bola Tinubu has appointed Mrs. Zubaida Umar as the Director-General of the National Emergency Management Agency (NEMA). Umar’s appointment was made public in a statement on Friday evening by Special Adviser to the President on Media and Publicity, Ajuri Read more…


MainOne, a leading provider of submarine cable systems, has revealed that the repair process for its damaged submarine cable may take up to five weeks. The company disclosed this in a statement on Friday following a fault experienced on its Read more…


The headline inflation rate in Nigeria increased to 31.70 per cent in February 2024 relative to the January 2024 headline inflation rate, which was 29.90 per cent. Looking at the movement, the February 2024 headline inflation rate showed an increase Read more…


Former Russian President Dmitry Medvedev has vehemently rejected the EU’s demand that Moscow return gold that it claims belongs to Romania, describing it as “impudence.” On Thursday, the European Parliament adopted a resolution calling on Moscow to send back 91.5 Read more…


Banks and telecommunication companies operating in Nigeria have been down with internet outages due to damage to international undersea cables supplying them with connectivity.  It was learnt that damage affected major undersea cables near Abidjan in Côte d’Ivoire and is Read more…


More controversies appear to be swirling around the 2024 budget as more indications that the portion of the budget attributable to some federal government institutions lack details and transparency. The affected institutions, including the Independent National Electoral Commission, INEC, were Read more…


The Federal Government, on Wednesday, restored the supply of electricity to the Republic of Niger following the directive of President Bola Tinubu that Nigeria’s land and air borders with the neighbouring country be opened. On August 3, 2023, The PUNCH reported that Read more…