By Seun Ibiyemi The Federal Government has approved a major community health intervention programme aimed at strengthening primary healthcare delivery across Nigeria’s 8,804 wards through a new Community-Based National Social Action Fund Taskforce. The initiative, approved by President Bola Ahmed Tinubu, is designed to bring healthcare services closer to communities by funding ward-level health and…
By Seun Ibiyemi Nestlé Nigeria Plc has announced a 98 per cent employment rate for graduates of its technical training programme, underscoring the impact of its sustained investment in youth skills development and industrial capacity building. The company made the disclosure during the graduation ceremony of 20 trainees from its Flowergate Technical Training Centre, held…
The Non-Academic Staff Union of Educational (NASU) and Associated Institutions has rejected the Federal Government’s proposed 30 per cent increase in its members’ Consolidated Academic Allowance, describing it as inadequate and warning of a nationwide strike if its demand is not met. The General Secretary of the union, Non-Academic Staff Union of Educational and Associated…
…Plans fuel pricing review committee By Seun Ibiyemi The Federal Government (FG) has announced plans to grant domestic airlines a discount on outstanding debts owed to aviation agencies as part of urgent measures to stabilise Nigeria’s aviation sector. Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this after a high-level meeting with the Airline…
By Seun Ibiyemi Nigeria’s total debt servicing cost rose to about ₦16 trillion in 2025, driven largely by higher domestic interest payments and sustained external debt obligations, according to an analysis of data from the Debt Management Office. The figure represents an increase of ₦2.98 trillion, or 22.9 per cent, compared to approximately ₦13.02 trillion…
Nigeria LNG Limited has called for strengthened security collaboration with the Nigeria Police Force to safeguard the ongoing ₦200 billion Bonny-Bodo Road project in Rivers State. The 37.9-kilometre road, which is about 80 per cent complete, will connect Bonny Island to the mainland and is regarded as a key infrastructure project for economic growth. The…
By Seun Ibiyemi The Nigerian equities market extended its bullish run on Wednesday, gaining ₦861 billion as investor confidence remained strong across key sectors. Market capitalisation rose from ₦140.523 trillion to ₦141.384 trillion, representing a 0.61 per cent increase. Similarly, the All-Share Index (ASI) advanced by 1,336.39 points, or 0.61 per cent, to close at…
The Presidency has clarified that former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and former Minister of Housing and Urban Development, Ahmed Dangiwa, resigned from their positions and were not removed from office. This was disclosed in a statement issued on Wednesday in Abuja by Presidential Spokesperson, Bayo Onanuga. According to…
By Seun Ibiyemi The Federation Account Allocation Committee (FAAC) has distributed a total of ₦2.036 trillion among the Federal Government, state governments, and Local Government Councils (LGCs) for March 2026. The revenue sharing was finalised at the committee’s April meeting held in Abuja, according to a communiqué issued at the end of the session. The…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO)has announced the 9th edition of its flagship Food and Drink Festival, scheduled to take place from May 1 to May 3, 2026, at the GTCentre in Oniru, Lagos. With the theme “Everything Food and Drink,” the 2026 edition is set to showcase a broad spectrum of…
