Blog

2023 budget: ASUU threatens strike over unreleased N170bn
News

ASUU rejects FG loan scheme, demands payment of entitlements

The Academic Staff Union of Universities, Federal University Wukari branch, has demanded the immediate payment of their accumulated entitlements, rejecting the Federal Government’s proposed loan scheme. The demand came during a protest staged by the union to express displeasure over the government’s failure to implement long-standing agreements. Leading the demonstration, ASUU FUW Chairperson, Professor Asabe […]

Opinion

Resist political, corporate manipulation, labour leader urges workers’ union

The President of the Precision Electrical and Related Equipment Senior Staff Association and Chairman of the Campaign for Democratic and Workers’ Rights, Sesan Rufus, has called on Nigerian trade unions to resist all forms of political capture, government interference, and corporate manipulation if they are to remain genuine protectors of workers’ rights and dignity. He […]

The logo of the Nigeria Governors' Forum
Economy featured

Govs target $100bn GDP from creative sector by 2030

The Nigeria Governors’ Forum has pledged to support the Federal Government’s initiative aimed at enhancing the growth and development of Nigeria’s creative economy and tourism sectors. The News Agency of Nigeria reported that the federal government outlined key strategic interventions to grow the arts, culture, tourism and creative economy contributions to the Gross Domestic Product […]

Banking

Access Holdings appoints Innocent Ike as new GMD, CEO

Access Holdings Plc has named Innocent Ike as its new Group Managing Director and Chief Executive Officer. In a statement issued on Wednesday by Company Secretary Sunday Ekwochi, the firm confirmed that the appointment takes effect on August 29, 2025, subject to regulatory approval. The company stated that Ike will succeed Bolaji Agbede, who has […]

News

Nigerians spent N1.3trn on petrol in June — Report

Nigerians spent about N1.3tn on buying Premium Motor Spirit (petrol) to power their vehicles and electricity generators in June, as consumption across the country reached 1.44 billion litres, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Nigerians consume more petrol than any other fuel, and as a nation battling […]

Business

FG makes N392.7bn from Dangote, nine others in H1 2025

Ten companies listed on the Nigerian Exchange remitted a total of N392.7bn in income taxes to the Federal Government in the first half of 2025, up from N338.3bn in the corresponding period of 2024, marking a year-on-year increase of 16.1 per cent, according to an analysis by The PUNCH. The companies, based on their Condensed […]

Business

FG unveils YouthCred loan scheme for NYSC members

The Federal Government has unveiled YouthCred, a credit initiative aimed at providing National Youth Service Corps members with single-digit interest loans to finance entrepreneurial projects. Announcing the scheme at the Lagos NYSC camp on Thursday, Minister of Youth Development Ayodele Olawande said the programme will give corps members access to loans of up to ₦200,000. […]

IATA, weather company collaborate on data
Aviation

IATA seeks raising pilots retirement age to 67

The International Air Transport Association has submitted a proposal to raise the pilot retirement age from 65 to 67, which will be reviewed by the International Civil Aviation Organisation at its General Assembly starting September 23. Representing about 350 airlines, IATA described the change as a “cautious but reasonable step consistent with safety.” Under current […]

News

NCCC urges developed nations to honour Paris climate commitments

The National Council on Climate Change has urged global partners, especially developed nations, to fulfil their obligations under the UN Framework Convention on Climate Change and the Paris Agreement, with particular focus on technology transfer and support for innovation in developing countries. NCCC Director-General, Barr. Teni Majekodunmi, made the call on Wednesday during the Validation […]

Emirates to resume Nigerian flights Sept 11
Aviation

Emirates Airline to join Africa tourism, creative economy expo

The United Arab Emirates has confirmed that Emirates Airline will participate in the upcoming Africa Tourism and Creative Economy Expo, scheduled for November 24–25 in Abuja. Emirates’ involvement highlights the UAE’s commitment to deepening relations with Nigeria and Africa, particularly in tourism, trade, and the creative economy. The expo, organised by Afrocultour in collaboration with […]

Nigerian equities market surges with N1.33 trn gain
Investment

Investors lose N324bn as NGX all-share index dips

The Nigerian equities market closed on a bearish note on Wednesday, with investors losing N324bn in market value. The benchmark All-Share Index slipped by 512.60 points, or 0.36 per cent, to finish at 141,248.76, trimming the year-to-date return to 37.23 per cent despite earlier gains in the week. Market activity, however, recorded a rebound as […]