As Nigeria celebrated its 65th Independence anniversary on Wednesday, parades, fireworks, and official speeches hailing signs of economic recovery, but residents of the FCT insist the numbers do not reflect their everyday struggles The National Bureau of Statistics (NBS) reported that headline inflation had “slowed modestly”, with food inflation showing its first signs of easing …
As Nigeria’s financial landscape continues to evolve, Union Bank finds itself at the centre of controversy, raising questions about its future as the country moves closer to its recapitalisation deadline. The bank, once a trusted household name in Nigeria's banking sector, is now embroiled in a web of financial and regulatory uncertainties following the takeover …
Gen Z are moving between jobs faster but are filled with ambition. Entering the workforce for the first time is, and always has been, a daunting prospect. But Gen Z – the generation of talent starting out on this journey – are beginning their careers at a time of huge disruption, facing higher competition for …
In a landmark move to promote sustainable growth across West Africa, the ECOWAS Bank for Investment and Development (EBID) has approved a total financing of ₦462,946,500,000 (approximately ₦462.9 billion) or USD 308.631 million during its 93rd Ordinary Session held at the Bank’s headquarters in Lomé, Togo. Taraba state in north-eastern Nigeria, got a total of …
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Engr. Festus Osifo, has warned that the union will resume the nationwide strike if the Dangote Group fails to comply with the resolution reached during the two-day conciliatory meeting held in Abuja. Speaking during a press conference on Wednesday, October …
Sixty-five years after independence, Nigeria’s hospitals still bear the scars of neglect, leaking roofs, broken equipment, and absent staff. While the nation celebrates its sovereignty, the health system meant to sustain its people remains dangerously fragile. Doctors, union leaders, and health advocates warn that decades of underinvestment, collapsing primary care, and recurrent strikes have left …
The Corporate Accountability and Public Participation Africa (CAPPA) has called on the President Bola Tinubu-led administration to ensure that Nigeria feels the gains of self-rule through programmes and policies that will lift the citizens out of poverty, hunger, and insecurity. The organisation made the call in a statement by its Media and Communication Officer, Robert …
As Nigeria celebrates its 65th Independence anniversary, the Alliance for Economic Research and Ethics Ltd/Gte has warned that the nation’s economic recovery remains fragile, urging government at all levels to prioritise human capital development as the foundation for sustainable growth. In a statement signed by its Chairman, Dele Kelvin Oye, the Alliance noted that although …
Labour Party (LP) presidential candidate in the 2023 general elections, Peter Obi, has condemned the demolition of buildings at the Lagos Trade Fair Complex. The former Anambra State Governor criticised the action by the Lagos State authorities in a statement on Tuesday, September 30. He asserted that the demolition did not follow due process. “To …
FCMB Group Plc has raised its market capitalisation to N446.96 billion after converting N23.11 billion loan to shares. The debt-to-equity conversion saw the Group list an additional 3.16 billion shares at 50 kobo each on the Nigerian stock market. The Nigerian Exchange (NGX) confirmed the conversion in a statement on Tuesday, September 23. It noted …
