The Nigeria Labour Congress (NLC) says it has suspended its second day nationwide streets protest over hunger and economic hardship in the country.
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The House of Representatives Public Account Committee (PAC) has summoned the Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso to appear before it on or before Tuesday, March 5, or face arrest warrant.
The Independent Media and Policy Initiative (IMPI), has expressed confidence that contrary to belief in certain quarters Nigeria will witness economic growth in 2024. The policy group expressed confidence in a statement signed by its Chairman, Mr Niyi Akinsiju, in Abuja on Tuesday. Akinsiju said the group projected that the growth would be driven by the non-oil sector and expansion in the financial sector as the Central Bank of Nigeria (CBN), continues to control inflation rate and stabilise the foreign exchange rate. He said that the group’s position was based on a careful study of the last quarter of 2023…
The Federal Government lauds Nigeria’s Health Sector Compact as a significant milestone in the transformation of healthcare within the nation. According to the Ministry of Health and Social Welfare, this compact has the potential to play a pivotal role in reshaping Nigeria’s healthcare system and ushering in positive developments. The Director of the Department of Health Planning, Research, and Statistics at the Federal Ministry of Health (FMOH), Dr Chris Osa Isokpunwu, delivered this assertion during the Health Sector Reform Coalition (HSRC) Annual General Meeting Policy Dialogue 2.0 and Charter Adoption event held in Abuja on Tuesday. Emphasizing the necessity for…
The Senate on Tuesday urged the Federal Government to introduce the Nigerian version of the “food stamps programme” as interim intervention to cushion the effects of food shortages in the country.
The Nigerian Meteorological Agency (NiMet)
has predicted sunny and thundery weather conditions from Wednesday to Thursday across the country.
In a bid to enhance transportation services for residents of the Federal Capital Territory (FCT), the Federal Capital Territory Administration (FCTA) has officially launched a private sector mass transit operation. Fourteen (14) buses were inaugurated with additional ones expected to be rolled out soon. At the inauguration of the mass transit named “TFA 360 Transportation System” on Tuesday in Abuja, Mr Ubokutom Nyah, said the FCTA was providing enabling environment for private sector investment in public transportation. Nyah, the Mandate Secretary, Transportation Secretariat, FCTA said that the FCT Minister, Mr Nyesom Wike, was working to strengthen partnership with private investors…
The stock market witnessed a second consecutive day of decline on Tuesday, dropping by 1.38% in response to the outcome of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN). During the bi-monthly MPC meeting, the CBN raised the benchmark lending rate by 400 basis points to 22.75%, up from 18.75%, aimed at curbing inflation. This meeting marked the first under the tenure of CBN Governor, Mr. Olayemi Cardoso, who assumed office in September 2023. Consequently, the All-Share Index (ASI) fell by 1.38%, or 1,412.64 points, closing at 100,582.89 points compared to Monday’s 101,995.53. The market…
The National Drug Law Enforcement Agency (NDLEA) has arrested four individuals believed to have ties to a drug cartel. Chairman of the agency, Retired Brig.-Gen. Buba Marwa, disclosed this during a press briefing held on Tuesday in Lagos. According to him, 11 other persons are wanted for similar offences. He said that the agency intercepted what he described as the largest consignment of heroin at the Murtala Muhammed International Airport, Lagos. He explained further that the interception resulted in the arrest of the suspects, including the wife of one of the suspects. The chairman said that the cartel specialised in…
With the approach of the rainy season, a public health physician, Dr. Chinasa Mathew, has issued a warning urging manufacturing companies, households, and the general public to diligently manage their waste disposal practices to uphold a clean and healthy environment. Mathew, who works with the Isolo General Hospital, Lagos, advised in an interview on Tuesday in Lagos. He said that a wide range of diseases could be contracted and spread through an unclean and contaminated environment and surroundings. He said that proper waste management by companies as well as households could curtail the problem of arbitrary disposal of toxic and…