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Finance

Civil servants demand 400% increase in minimum wage

Civil servants under the umbrella of the Joint National Public Service Negotiating Council Trade Union Side have called on the federal government and state governments to approve and implement a 400 per cent increase in the current N70,000 national minimum wage to cushion the devastating effects of the country’s economic hardship. The demand formed part […]

featured Opinion

I don’t see level of hunger Nigerians complain about — Onanuga

Presidential spokesman, Bayo Onanuga, has said he does not share the view that the level of hunger often described by critics reflects the reality across Nigeria, insisting that many Nigerians are benefiting from policies introduced by President Bola Tinubu’s administration. Speaking during an interview on Arise Television on Tuesday, Onanuga argued that several government initiatives […]

Helth

OOUTH resident doctors begin 10-day warning strike

The Association of Resident Doctors at the Olabisi Onabanjo University Teaching Hospital, Sagamu, Ogun State, has announced a 10-day warning strike over the non-payment of revised professional and specialist allowances, acute manpower shortages, delayed release of training funds, and worsening welfare conditions. The association also imposed a fine of N50,000 on any of its members […]

Oil and Gas

NUPRC, defence ministry partner on oil infrastructure security

The Nigerian Upstream Petroleum Regulatory Commission has called for deeper collaboration with the Federal Ministry of Defence to strengthen the protection of the country’s oil and gas infrastructure through non-kinetic security interventions. Vanguard reported that a statement by the Head of Media and Corporate Communications, Eniola Akinkuotu, said the move followed a meeting between a […]

Business

MAN laments sharp decline of bank credit to manufacturing sector

The Manufacturers Association of Nigeria has expressed concern over the sharp decline in commercial bank credit to the manufacturing sector. It warned that the trend could undermine industrial growth, job creation, and economic diversification. Vanguard reported that the Director-General of MAN, Mr Segun Ajayi-Kadir, made this known in a statement on Tuesday in Lagos while […]

Business

SEC warns against unapproved Dangote refinery IPO promotions

Nigeria’s Securities and Exchange Commission has cautioned the public against the sale, promotion, or marketing of any purported Initial Public Offering by Dangote Petroleum Refinery & Petrochemicals FZE through any capital market channel, stating that no application for such an offer has been submitted to or approved by the Commission. In a public notice issued […]

Transportation

Iran, Oman to agree on Strait of Hormuz service fee

Iran and Oman will study the costs to be charged for services provided in administering the Strait of Hormuz, the two countries said Tuesday, insisting they held sovereignty over the waterway. Tehran has repeatedly said it plans to charge what it calls maritime service fees for crossing the strait, as opposed to tolls, a plan […]

News

Nigeria, UK renew security pact against cyber terrorism

Nigeria and the United Kingdom have reaffirmed their commitment to strengthening cooperation against terrorism financing, cyber threats, disinformation and other emerging security challenges under the renewed UK-Nigeria Security and Defence Partnership. Vanguard reported that the commitment was made on Tuesday at the opening of the 4th UK-Nigeria Security and Defence Partnership Dialogue in Abuja. The […]

Business

Allen Onyema urges boycott of S’Africa over xenophobic attacks

Air Peace founder and Chief Executive Officer, Allen Onyema, has called on Nigerians to halt investments in South Africa and boycott the country over renewed xenophobic attacks against foreign nationals, including Nigerians. Speaking during an exclusive interview on ARISE News on Monday, Onyema urged Nigerians to respond through economic measures rather than violence, stressing that […]

Tech

Google plans AI incubator for ex-employees – Report

Google is reportedly building an AI startup incubator that taps into its network of former employees, known as “Xooglers.” The idea is straightforward: as top talent leaves to launch AI startups, Google keeps a close connection by supporting an incubator built around its alumni and the companies they go on to create, according to Bloomberg. […]