U.S. President Donald Trump is set to meet global business leaders in Davos on Wednesday, sources told Reuters, as his presence takes center stage at this year’s World Economic Forum in Switzerland. CEOs from financial services, crypto, and consulting sectors have been invited to a reception following Trump’s special address. One source said the invitations, …
Workers under the Federal Capital Territory Administration (FCTA) and the Federal Capital Development Authority (FCDA) on Monday began an indefinite strike, shutting down government offices across the Federal Capital Territory (FCT) and its area councils. The action followed the expiration of a seven-day ultimatum issued to the FCTA over unresolved labour and welfare issues. The …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has paid tribute to the late former president of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Uche Marcus Okoro, hailing his leadership qualities and dedication to the plight of Nigerian oil workers. Comrade Okoro was one of the passengers who died in the …
The Securities and Exchange Commission (SEC) of Nigeria has increased minimum capital requirements for all regulated capital market entities. It disclosed this in a circular released on Friday, December 16, stating the aim is to boost market stability and align capital with evolving risk profiles. “This review is informed by the need to strengthen market …
Abdullahi Abubakar, the Muslim cleric who gained national and international recognition for sheltering Christians during the 2018 attacks in Plateau State, has died at the age of 92. The late cleric was the chief imam of Nghar village in Barkin Ladi Local Government Area of the state. Abubakar made headlines on June 23, 2018, when …
The Supreme Court has ordered the continuation of the trial of Sule Lamido, former governor of Jigawa State, and his sons over alleged money laundering involving N1.35 billion. In a judgement delivered on Friday, a five-member panel of the apex court set aside the decision of the court of appeal, which had upheld a no-case …
The Rivers State House of Assembly on Friday said it would proceed with the impeachment of Governor Siminalayi Fubara, despite claims by the state government that no impeachment notice has been formally served on the governor. The lawmakers made the declaration during an ongoing press conference in Port Harcourt, reaffirming their resolve amid the deepening …
The Nigeria Immigration Service (NIS) has rolled out an update to its passport tracking system aimed at improving transparency and addressing persistent delays in passport collection. The Service announced the development on Thursday via its official X handle, explaining that the update became necessary following the discovery that hundreds of already produced passports remained uncollected, …
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called for the establishment of a joint rapid-response team between the SEC and the Nigeria Police Force (NPF) to combat online fraud and other financial crimes. Agama made the call during a meeting with the Inspector-General of Police (IGP), Kayode Egbetokun, in Abuja …
The Federal Government and the Academic Staff Union of Universities (ASUU) have reached an agreement on a 40 per cent salary increase and better academic allowances for university lecturers. The agreement was signed during a formal ceremony attended by government officials and ASUU leaders. As a result, lecturers can now expect improved welfare and incentives …
