We won’t recognise any group outside NARTO, IPMAN — NUPENG

Ahead of  today’s meeting of some petroleum marketers, under the aegis of Association of Distributors and Transporters of Petroleum Products, ADITOP, Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has cautioned other stakeholders in the oil industry not to accord  recognition to new petroleum marketers.
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Why we are not yet buying from Dangote Refinery — IPMAN

•As marketers retain old prices By Obas Esiedesa, Abuja At the backdrop of a fresh controversy over lifting of petrol from Dangote Refinery, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it is still negotiating with the refinery on terms for the lifting. President of the Refibery, Alhaji Aliko Dangote, has alleged that the […]

Workers poorer now, despite pay increases — Oshiomhole

Former governor of Edo State, Comrade Adams Oshiomhole, has criticised wage exploitation in Nigeria, warning that poor compensation negatively affects national security and economic productivity.

According to him, Nigerian workers are poorer now, despite the increase in the new minimum wage recently approved by the Federal Government.

Ofugara  give back initiative donates land to School , empowers students in Warri

The Ofugara Give Back Initiative made a significant impact on the students of Ohorhe Secondary School as they gathered for a school empowerment program hosted by Adonai Baptist Church. Themed “Making Positive Impact,” the event focused on promoting academic excellence, personal growth, and community service. Mrs. Jessa Caroline, principal of Ohorhe Secondary School, welcomed the […]

Underfunded health systems undermine economic growth in sub-saharan Africa, expert Warns

By Olufemi Ajasa Sub-Saharan Africa continues to experience significant economic losses due to chronically underfunded health systems, according to Maureen Oyarekhua, a development finance expert with extensive experience in regional health financing programmes. Speaking in a discussion with Vanguard, Oyarekhua stressed that insufficient investment in health has far-reaching consequences beyond morbidity and mortality. “The failure […]

NSITF moves to insure security in agency banking, fintechs 

By Elizabeth Adegbesan In a bid to enhance security and welfare of workers in the informal sector, the Nigeria Social Insurance Trust Fund (NSITF) has began moves to accommodate Agency Banking Operators    and Financial Technology companies (FinTechs) in its Employees Compensation Scheme (ECS). Speaking at a stakeholders’ sensitization session on the implementation of the ECS […]

Money supply increases 64% to N108.95trn

•As currency outside bank reaches N104trn •Credit to govt rises 89% By Elizabeth Adegbesan Nigeria is recording massive rise in money supply across the financial system. This come as the Central Bank of Nigeria said broad money supply (M²)  increased by 64.6 percent year-on-year, YoY, to N108.95 trillion in September 2024, from N66.17 trillion in the […]

Electricity: TCN restores bulk supply to seven northern states

By Obas Esiedesa, Abuja   The Transmission Company of Nigeria, TCN, night disclosed last night that it has successfully restored bulk power supply through its 330kV Ugwuaji-Apir transmission line 1 to seven northern states following the repair of the line. TCN in a statement by General Manager, Public Affairs, Ndidi Mbah disclosed that repair works on the […]

Edo community elders exonerate police officer over alleged gun running

By Ozioruva Aliu BENIN CITY – THE people and the Elders of Ugbogiobo community in Ovia North-East local government area along the Benin-Akure road have appealed to relevant authorities to wade into an alleged false allegations made against their son, ASP Festus Ediae for allegedly providing guns and ammunitions to youths in the community to […]

Investors call for review of Lekki coastal road to safeguard shoreline

By Gift ChapiOdekina, Abuja In a passionate address to stakeholders, investors affected by the iconic coastal highway along the Lekki Peninsula have called for a review of the coastal road project to safeguard the shoreline and local communities. Addressing stakeholders at a meeting with top government officials, Mr. Mike Akinlola who represented investors in diaspora […]

U.S. govt, AfDB, American Business Council host workshop on Digital Investments in Nigeria

By Esther Oluwadare Funke The U.S. government, through the U.S. Commercial Service Liaison Office to the African Development Bank (AfDB) and U.S. Commercial Service in Nigeria, in partnership with the American Business Council and the AfDB’s Nigeria Country Department, hosted the Discover AfDB workshop, focusing on the Bank’s recent investments in the digital space. This […]

Seplat Energy grows profits by 350% to N441bn in 9mths

By Peter Egwuatu   Seplat Energy Plc, listed on both the Nigerian Exchange and the London Stock Exchange, has recorded a 350 per cent rise in operating profit    to N411.3 billion in nine months ended 30 September 2024, from N91.3 billion from the same period 2023. According to the company’s unaudited results for the period released […]

Bye-law for new couple’s blood test, 4 others underway in Kaduna LG

By Ibrahim Hassan-Wuyo The Kaduna North Local Government Council has stated that over the last three years, the council leadership has understudied the system and identified bottlenecks that, with the appropriate legal framework in the form of bylaws, will be solved to increase efficiency in service delivery for their people. In a statement by Jibril […]

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