Finance Minister Wale Edun has highlighted that only around 5% of Nigerians possess more than N500,000 in their bank accounts. Speaking in an interview with Channels TV, Edun emphasized that recent government reforms aim to address economic disparities that have favored a small elite group over the majority of citizens in the past eight…
Following a public hearing on the ban of spirits and alcoholic beverages in sachets and pet bottles, the House of Representatives Committee on the National Agency on Food, Drugs Administration and Control (NAFDAC) has directed the suspension of the ban. Chairperson of the Committee, Rep. Regina Akume, emphasized the importance of taking proper steps before…
The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has urged the Nigeria Labour Congress (NLC) to halt its planned nationwide protest, describing it as “contempt of court”. In response to the economic challenges confronting the nation, the NLC announced a nationwide protest slated for February 27 and 28. This decision…
Boko Haram insurgents have once again wreaked havoc by destroying two critical 330KVA power transmission towers in Yobe state, leaving residents in both Yobe and Borno states without electricity. According to the command’s spokesperson, Dungus Abdulkarim, the transmission towers, crucial for supplying electricity from Gombe to Yobe and Borno, fell victim to the attackers’ explosives…
The Qatari government has turned down a request from Nigerian President Bola Tinubu to visit the country for a business and investment meeting, citing the absence of a legally binding agreement between the two nations for investment promotion. In a letter addressed to Nigeria’s Ministry of Foreign Affairs, Qatari authorities expressed regret that they would…
