Manufacturing investments crash by 35% amid rising cost of finance

Manufacturing investments crash by 35% amid rising cost of finance

Stories by Yinka Kolawole High cost of finance occasioned by rising interest rates, among other factors, led to a 35.3 percent crash in investments in the manufacturing sector to N658.81 billion in 2024 from N1.018 trillion in 2023. This was reflected in the Second Half of 2024 (H2’24) Economic Review of the Manufacturers Association of Nigeria […]
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4 seminarians die in auto-crash at Obudu Ranch bottom hill

4 seminarians die in auto-crash at Obudu Ranch bottom hill

Four seminarians from the Enugu Catholic Church who were visiting the Obudu Ranch Resort on a tour Saturday have reportedly died in a bus crash at Ikwette Village, located at the Bottom Hill of Obudu Ranch in Obanliku Local Government Area of Cross River State.

Labour battles govt over stoppage of gratuity

Labour battles govt over stoppage of gratuity

By Victor Ahiuma-Young  The clamour for the reinstatement of gratuity payments to workers upon retirement has become a subject of intense agitation by organized labour in recent times. The restoration of gratuity payments was one of the key takeaways from last Thursday’s national May Day celebration at Eagle Square, Abuja. Addressing workers and other dignitaries, including […]

We’ll respond to Trump’s AI Papacy image in due time — Catholic Secretariat

We’ll respond to Trump’s AI Papacy image in due time — Catholic Secretariat

By Luminous Jannamike ABUJA – The Catholic Secretariat of Nigeria, CSN, has indicated that it will provide a response to former President Donald Trump’s controversial AI-generated image of himself dressed as the Pope, but only after verifying its authenticity. Very Rev. Fr. Mike Nsikak Umoh, the National Director, Social Communications at the Secretariat, who spoke […]

Wema Bank to grow revenue to N789bn in 2025

Wema Bank to grow revenue to N789bn in 2025

A frontline money deposit bank, Wema Bank PLC, has targeted an ambitious gross earnings of N789 billion in 2025 despite the ongoing macroeconomic vagaries in the Nigerian operating environment.

NGA partners Goethe-Institut, MOWAA, Julius Berger

NGA partners Goethe-Institut, MOWAA, Julius Berger

The National Gallery of Arts, NGA, is collaborating with the Goethe-Institut, Museum for West African Art (MOWAA) and Julius Berger, to undertake training of personnel, digitization, documentation and conservation of artworks in the national collection. 

Pate opens WHX Lagos, WHX Labs Lagos 2025

Pate opens WHX Lagos, WHX Labs Lagos 2025

To further reshape Africa’s healthcare and laboratory science landscape, WHX Lagos and WHX Labs Lagos 2025 will hold from June 2–4, 2025, at the Landmark Centre, Lagos.

80th Anniversary: Wema committed to innovation, inclusion, empowerment – Olorunshola, Oseni

80th Anniversary: Wema committed to innovation, inclusion, empowerment – Olorunshola, Oseni

By Henry Obetta Chairman of Wema Bank Plc, Dr. Oluwayemisi Olorunshola and the Managing Director/Chief Executive Officer of the Bank, Moruf Oseni have pledged continued commitment to digital innovation, inclusive banking, and customer-focused service. They said this during the bank’s 80th anniversary tagged: ‘Timeless Elegance’ which hosted top dignitaries and A-listers at an exclusive Gala […]

Keneth Imansuangbon and the Love of Nation

Keneth Imansuangbon and the Love of Nation

By John Mayaki I came across this man when I was still a reporter on the streets of Benin city – he was popularly known as “rice man”, – when he was gunning for the governorship of the heartbeat state under the platform of Action Congress (AC) before its transmogrification to ACN and later APC. […]

FUPRE-CSD calls for sustainable devt on govt policies

FUPRE-CSD calls for sustainable devt on govt policies

By Henry Obetta The Director of the Centre for Sustainable Development at the Federal University of Petroleum Resources Effurun, CSD- FUPRE, Dr. Emeka Elemike has urged governments at all levels, to ensure sustainable development by aligning their policies with the Sustainable Development Goals, SDGs. He warned against unsustainable development, which can exacerbate social and economic […]

Osagie Obayuwana: Unbowed champion of the masses and social justice, by Owei Lakemfa

Osagie Obayuwana: Unbowed champion of the masses and social justice, by Owei Lakemfa

It was  Monday, July 5, 1993. That was the date, conscientious Nigerians had chosen to commence  confrontation with the military regime that had weighed the country down, stolen it blind and, in order to perpetuate its misrule, had annulled the Presidential election. The Generals had declared any protest  enemy action, and had directed the armed forces and […]

Kalu, Anyim, Nnamani, Dogara urge ex-legislators to guard democracy

Kalu, Anyim, Nnamani, Dogara urge ex-legislators to guard democracy

By Dennis Agbo Incumbent and former lawmakers in Nigeria have urged former legislators in Nigeria to ensure that they guard democracy to ensure that it does not derail from its original philosophy and practices. They gave the charge when former lawmakers in Nigeria floated an organization, Nigeria Former Legislators Forum, NFLF, to help contribute to […]