Economy

A total sum of N1.354 trillion June 2024 federation accounts revenue has been shared with the Federal Government, states, and local government councils in the country. The revenue was shared at the July 2024 meeting of the Federation…
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President Bola Tinubu has approved the reinstatement of Professor Nenibarini Zabbey, as the Project Coordinator of the Hydrocarbon Pollution Remediation Project (HYPREP). A statement by the Special Adviser to the President (Media &…
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Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau of State Statistics (NBS). This is an increase of 0.24% points when compared to the inflation figure…
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Sooyah Bistro, one of Nigeria's largest indigenous quick service restaurants (QSRs) where one can experience the best of Suya, has opened another branch in Ibadan, marking its 10th location and the first outside Lagos State. The newly…
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President Bola Tinubu has called organized labor, which includes the Nigeria Labour Congress and the Trade Union Congress, to a meeting at the Aso Villa on Thursday, and the federal government is about to decide on a new national minimum…
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There was temporary gridlock this morning 9th July, 2024 along UI-Ojoo road in Ibadan Oyo state capital as Senior Staff Association of Nigerian Universities, SSANU, and Non-Academic Staff Union of Universities, NASU, University of Ibadan…
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Oyo State governor, Engineer Seyi Makinde has approved the immediate payment of 500 million naira gratuities and 500 million naira for pension for both the state and local government workers. He gave the approval at the 70th birthday…
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The Vice Chairman of Ibarapa North Local Government who also doubles as the Political Head of Ibarapa North/West Local Council Development Area (LCDA), Igangan, Hon. Bisi Akande has sound a note of warning saying any worker who failed to…
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Deposit Money Banks (DMBs) and authorized forex dealers, have been warned not to reject old and lower dollar denominations from customers in the country. According to the Central Bank of Nigeria, CBN, the directive became necessary as it…
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Ajia town, a rural community in Ona Ara local government area of Oyo state, has been in total darkness for decades. The lack of electricity has hindered the socio-economic development of the community, making life difficult for…
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