Search Results for: Nigeria

In his recent advisory to President Tinubu, Kingsley Moghalu the former deputy governor of the Central Bank of Nigeria, underscored the urgency of a cabinet reshuffle to rejuvenate investor confidence in Nigeria’s economic strategies. Kingsley Moghalu argued that the prolonged and politically-driven nature of cabinet appointments has dissuaded investors looking for expertise-driven solutions to the…

The Nigerian Police Force has made a significant breakthrough in combating illegal firearms production, as they recently uncovered a clandestine gun manufacturing operation in Jos, Plateau State. During a targeted raid, Nigerian Police officials stumbled upon a well-equipped facility where various equipment used in the production of firearms was found. This discovery sheds light on…

The Nigerian Labour Congress (NLC) is showing signs of reducing its minimum wage demand to N500,000 as it begins the zonal public hearing on the new wage framework in various cities including Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja. This reduction comes after previous discussions where the President of the Nigerian Labour Congress, Joe…

The Federal Government, under the leadership of Minister Adelabu, has issued a stern warning to power Distribution Companies (DisCos) regarding the persistent issues surrounding inadequate power supply across Nigeria. Minister Adelabu’s announcement, delivered during a crucial meeting convened to address the escalating power supply crisis, underscores the gravity of the situation. Despite concerted efforts to…

In response to the alarming surge in food prices and the associated strain on living costs, the Federal Government of Nigeria has escalated its efforts to combat food smuggling activities. Recently announced measures indicate a significant crackdown, with a total of 141 trucks intercepted while attempting to smuggle grains and essential food items to neighboring…

The Nigerian Army has successfully eliminated a notorious terrorist group known as Maikusa, the second-in-command of a notorious terrorist group operating in Katsina state. Led by the infamous Modi Modi, this group has long posed a threat to the region’s security, causing widespread fear and instability. The operation, which took place in Kurfi and Safana…

Former President Olusegun Obasanjo’s recent suggestion to engage with the Zimbabwean government to address Nigeria’s inflation crisis sheds light on the imperative of cross-border collaboration in confronting economic challenges. In proposing this collaboration, Olusegun Obasanjo underscores the value of drawing insights from the experiences of other nations, particularly those that have effectively managed comparable crises….