News

Labour In Mourning As NLC General Secretary Emmanuel Ugboaja Dies

NLC President, Joe Ajaero, disclosed the development to members of the Congress’ National Executive Council (NEC) during its meeting in Enugu, Enugu State, following a letter from the late labour leader’s family. Details surrounding his death remained sketchy as of the time of filing this report.

Who Mismanaged Subsidy Funds? – Govs Reject Blame, Back CNG Transport Scheme

The 36 state governors, on Thursday, rejected allegations that state governments have failed to properly account for funds accruing to them following the removal of the petrol subsidy, setting the stage for a fresh confrontation over the management of additional public revenues since the controversial reform.

Trillions Spent, Terrorism Thrives – Ezekwesili Accuses Power Elite Of Profiting From Insecurity

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Ezekwesili made the allegation during an interview with News Central Television, where she questioned the effectiveness of the government’s response to insecurity and demanded greater accountability over the enormous resources reportedly committed to combating terrorism.

FAAN, Bolt Resolve Dispute As E-Hailing Service Resumes At Airports

The development follows what FAAN described as “constructive engagements” with Bolt to establish an agreeable and sustainable operational framework for e-hailing services within the airport environment.

Cement Prices Surge Again As Builders Warn Of Deeper Housing Crisis

The warning follows the recent increase in the price of a 50kg bag of Dangote Cement to more than ₦15,000 in some locations, despite an ongoing investigation by the Federal Competition and Consumer Protection Commission (FCCPC) into pricing practices in the industry.

Police Fire Back At VeryDarkMan Over Kidnap Claims, Demand Evidence Of Officers’ Collusion With Bandits

The Force, in a statement issued on Thursday by its Public Relations Officer, CSP Ani Iniedu, described the allegations as unsubstantiated and unfairly damaging to the institution, while challenging VDM to produce evidence to support his claims.

Throwback: Dangote, Ramaphosa Sparred Over How Africa Should Fund Power Projects

In a panel discussion on Africa’s infrastructure financing challenges, South African President Cyril Ramaphosa argued that the continent should not assume it needs foreign capital to fund major projects. Aliko Dangote offered a different perspective, arguing that the availability of money in African banks does not necessarily mean businesses can afford to use it.

FG Launches $1bn Social Protection Programme, Targets 7.6m Vulnerable Households

The programme, unveiled on Wednesday at the Presidential Banquet Hall, State House, Abuja, includes the Household Prosperity and Empowerment Social Protection Project (HOPE-SP), alongside four other initiatives aimed at strengthening the country's humanitarian response and poverty-reduction architecture.

Tinubu Tasks NLNG To Make Cooking Gas Cheaper For Nigerians

President Bola Tinubu has urged NLNG to increase domestic gas utilisation and ensure Nigeria’s gas wealth translates into more affordable cooking gas. NLNG says 100 percent of its cooking gas production already goes to the Nigerian market and...

FTSE Russell Set to Proceed With Nigeria’s Frontier Market Reclassification

The decision is expected to be formally announced later this week, potentially clearing the uncertainty that emerged after FTSE Russell placed Nigeria’s planned reclassification under further review in June.