In a groundbreaking move aimed at attracting investment and revitalizing Nigeria’s energy sector, President Bola Ahmed Tinubu has executed policy directives to improve the investment climate. Under these directives, Nigeria is poised to emerge as the prime destination for investment in Africa’s energy sector. Fiscal Incentives to Fuel Growth President Tinubu’s administration has introduced significant…
In a commendable display of vigilance and efficiency, the Nigeria Police Force (NPF) has announced the successful arrest of 254 suspects involved in various criminal activities over the span of two weeks. Among those apprehended are 92 armed robbers, 153 kidnappers, and 9 suspected cultists. These arrests mark a significant step forward in the ongoing…
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….
In a pivotal development within Nigeria’s legislative landscape, lawmakers are weighing the issuance of arrest warrants for executives at Binance, a prominent global cryptocurrency exchange. The deliberations come amidst heightened scrutiny from the House of Representatives Committee on Financial Crimes, who convened a fact-finding session to address concerns surrounding Binance’s operations. Expressing deep-seated apprehension, committee…
Renowned Nigerian activist and author, Reno Omokri, has issued a scathing response to former presidential candidate Peter Obi’s recent comments regarding the acceptance of food aid from Ukraine by the Nigerian government. In a social media post, Omokri accused Obi of politicizing the issue out of desperation and urged him to refrain from commenting on…
The Nigerian Army has achieved a crucial milestone in Imo State, dealing a severe blow to the activities of the Indigenous People of Biafra (IPOB) and the Eastern Security Network (ESN). During a meticulously planned raid on a hideout nestled within Ihiteukwa Community, the army successfully neutralized a prominent terrorist affiliated with these insurgent groups….
