The Nigeria Employers’ Consultative Association (NECA) says businesses across the country have yet to fully realize the expected benefits of the Federal Government’s ongoing economic reforms. Mr. Adewale-Smatt Oyerinde, Director-General of NECA, made this statement in an interview with reporters on Sunday in Abuja, while assessing the administration’s economic performance. Oyerinde acknowledged that the removal of fuel subsidies and the liberalization of the foreign exchange market demonstrated the government’s commitment to market-driven policies and increased transparency across sectors. He noted that these reforms had improved fuel availability, reduced supply disruptions, and signaled policy consistency to both local and foreign investors.…
Author: Newsdesk
The Youth Fellowship of the Cherubim and Seraphim Unification Church of Nigeria, Lagos State Chapter, has urged young people to embrace personal development and actively contribute to nation-building. The call was made at the fellowship’s 2026 Annual General Meeting (AGM) held on Sunday in Surulere, Lagos. With the theme: “Arise and Build: Youth at the Forefront of Change,” drawn from Nehemiah 2:18, the AGM focused on the role of young people in rebuilding institutions and transforming society. In his welcome address, Mr. Moses Ajose, Chairman of the Youth Fellowship, identified declining moral values, spiritual complacency, unemployment, leadership gaps, and social…
The Nigeria Labour Congress (NLC) has condemned the destruction of green areas and encroachment on natural waterways in the Federal Capital Territory (FCT), warning that such development poses serious environmental and health risks to residents. Mr. Eche Asuzu, NLC National Coordinator on Climate Change and Just Transition, made this statement in an interview with reporters on Sunday in Abuja. Asuzu said the destruction of vegetation, public parks, and other green spaces in the FCT undermines principles of climate justice and environmental sustainability. “What is happening in the FCT fundamentally undermines the principles that inform the quest for climate justice. We…
Dr. Nosa Ehigie, a medical expert, has warned that Lassa fever is often mistaken for malaria in its early stages, leading to delayed diagnosis, treatment, and increased health risks for patients. Ehigie, the Medical Director of Owen Hospital in Benin, made this statement in an interview with reporters on Sunday. He explained that the disease initially presents symptoms similar to malaria, such as fever, weakness, and general body discomfort. He advised that any patient being treated for malaria or typhoid who does not respond to medication should be evaluated immediately for possible Lassa fever. He added that suspicion should be…
The equities market sustained its positive momentum in May, with investors gaining N4.514 trillion as renewed interest in financial services and consumer goods stocks boosted overall performance. Market capitalization rose by 2.89 percent, closing at N160.508 trillion in May, up from N155.994 trillion at the start of the month. Similarly, the All-Share Index (ASI) increased by 8,107.66 points, or 3.35 percent, to close at 250,385.47 from 242,277.81 at the end of April. However, this performance lagged behind the exceptional rally in April when investors gained N26.185 trillion. The May rally was mainly driven by gains in financial services, consumer goods,…
Banks’ credit to the Nigerian government increased by N15.66 trillion within one year as lenders continued to expand exposure to public sector borrowing amid weaker private sector lending. Data from the Central Bank of Nigeria’s (CBN) money and credit statistics showed that government credit rose from N23.93 trillion in April 2025 to N39.60 trillion in April 2026, representing a 65.44 per cent year-on-year increase. The development meant government borrowing accounted for the bulk of growth in domestic credit during the period. According to the data, net domestic credit increased from N102.00 trillion in April 2025 to N120.18 trillion in April…
The Federal Workers Forum (FWF) has threatened to mobilize federal workers for an indefinite nationwide strike over rising insecurity and unresolved wage issues. In a communique issued after an online meeting on Saturday, the forum criticized the Nigeria Labour Congress and Trade Union Congress for not taking leadership on these issues. Signed by the National Coordinator, Andrew Emelieze, and Secretary, Ayo Ogundele, and made available to newsmen in Ibadan on Sunday, the communique accused the federal government of exploiting workers and failing to guarantee their safety. The group stated that an online poll of its members overwhelmingly supported immediate strike…
The Rotary Club of Lomé Zenith, in partnership with the People Planet and Peace Foundation, has planted mangrove trees along the coastline of Aneho, a coastal town in southeastern Togo. Mr. Landry Amewounou, President-Elect of the Rotary Club of Lomé Zenith, said on Sunday that the initiative aimed to mitigate flooding, coastal erosion, storms, and mudslides in the area. He stated that the organizations selected the location to complement ongoing efforts by stakeholders to address climate change impacts in Togo. Amewounou, a solar energy photovoltaic expert, added that the Togolese government is working to increase renewable energy adoption as part…
The Borno State Contributory Healthcare Management Agency (BOSCHMA) has donated medical supplies worth ₦4.4 million to combat the cholera outbreak in the state. The Chairperson of the BOSCHMA Governing Board, Hajiya Mairo Bunu, handed over items including 400 cartons of Ringer’s Lactate intravenous fluids and 8,000 units to support the state’s emergency response efforts. The items were presented at the Borno State Drug and Medical Consumables Management Agency headquarters in Maiduguri. “This is a decision by the governing board to support the cholera response and serve the people of Borno during this difficult period,” she said. On behalf of the…
Four persons—three males and one female—lost their lives in a fatal road crash in Abuja’s Central Business District on Saturday. An anonymous eyewitness told reporters that the accident occurred around 6:00 p.m., causing heavy traffic in the area. According to the eyewitness, the victims were returning from Sallah celebrations when the incident happened. READ ALSO: Stakeholders call for more support in Nigeria’s theatre sector Mr. Stanley Gonji, the Rescue Team Commander of the FRSC City Gate Unit in Abuja, led the team to successfully evacuate the victims from the scene. It was reported that efforts to obtain official details from…