Business

Labour unions have declared their intention to organize a nationwide mass protest to draw attention to the prevalent economic hardship experienced by Nigerians.

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Labour unions have declared their intention to organize a nationwide mass protest to draw attention to the prevalent economic hardship experienced by Nigerians. The decision to stage the protest stems from the escalating economic challenges plaguing the country, including soaring inflation rates, increased cost of living, and widespread unemployment. These issues have significantly impacted the…

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News

A court has directed the Federal Government to resume the prosecution of individuals implicated in the assassination of Dele Giwa.

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In a landmark ruling on Friday, a Federal High Court in Abuja mandated the Federal Government to thoroughly investigate, prosecute, and penalize those responsible for the assassination of Dele Giwa, the esteemed founder of Newswatch Magazine, along with other journalists across the nation. Dele Giwa tragically lost his life on October 19, 1989, when a…

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Entertainment

Happy Birthday Iremide Nicole

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Today, a New day dawns, a New year unfolds and a New chapter is flipped. It’s your fourth birthday my beautiful daughter. IREMIDE, Your birth hallmarked the beginning of many significant ‘IRE’ (goodness) in the family. We celebrate your special day again today, nonetheless, everyday is special with you in it. My little princess, to…

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Music

PRESIDENT TINUBU TO 36 STATE GOVERNORS: THERE MUST BE ZERO TOLERANCE FOR INCOMPETENCE; SUPPORT LOCAL FARMERS TO BOOST FOOD PRODUCTION AND REMOVE RENT SEEKERS

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President Bola Tinubu says his administration is evolving home-grown solutions to address the nation’s food security challenges by setting up schemes to support local production and discourage all forms of rent-seeking that are associated with food importation. The President made the declaration at a meeting with 36 state governors, attended by Vice-President Kashim Shettima, the…

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Foreign

Idaho has moved forward with legislation aimed at rendering sex crimes against children subject to the death penalty.

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A new bill passed by Idaho House Republican legislators on Tuesday, February 13, proposes making sex crimes against children punishable by death. House Bill 515 seeks to authorize the death penalty in cases of lewd conduct involving children under the age of 12, particularly those with aggravating circumstances. According to co-sponsor Rep. Bruce Skaug, R-Nampa,…

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Business

Once more, the (CBN) has increased the forex rate for import duties, marking the fourth adjustment in just 10 days.

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Once again, on Wednesday, February 14, the Central Bank of Nigeria (CBN) revised the Customs exchange rate from N1444.56/$1 to N1,481.482/$1. This latest adjustment represents an increase of N36.922, equivalent to 2.56 percent, compared to the previous increment. Remarkably, this marks the fifth adjustment within a span of 12 days and the ninth since the…

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Business

The UK economy has slipped into a recession.

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The UK economy has officially entered a recession following two consecutive quarters of negative economic growth in the latter half of last year. According to the Office for National Statistics (ONS), gross domestic product (GDP) contracted by a larger-than-anticipated 0.3% in the three months to December, following a 0.1% decline between July and September. Expectations…

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Business

Following the footsteps of the (CBN)and (FAAN), the Nigerian Upstream Petroleum Regulatory Commission is contemplating relocating its office to Lagos.

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Similar to the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria (FAAN), the Nigerian Upstream Petroleum Regulatory Commission is contemplating relocating some of its units to Lagos state. In a circular dated February 14, 2024, the agency stated that the decision is motivated by the desire to improve service delivery, lower…

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