CBN Predicts Growth in Shariah-Compliant Banks in Nigeria
The Central Bank of Nigeria (CBN) announced the anticipated increase of shariah-compliant banks, citing their positive impact on the nation’s economy and citizens. CBN Governor Mr. Olayemi Michael Cardoso, represented by Director of Legal Services Mr. Kofo Salam-Alada, made this statement on Sunday in Abuja during a reception honoring Dr. Umar A. Oseni, Secretary-General of […]
Labour’s Minimum Wage Demand Unaffordable for All Sectors – Minister
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the minimum wage demanded by labour unions is unaffordable for all sectors. Speaking on Channels Television’s ‘Sunday Politics’, Edun addressed the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) proposal of N615,500, citing high living costs. The unions declared […]
Former Ogun Governor Congratulates State on Oil Exploration Milestone
Former Ogun State Governor, Senator Gbenga Daniel, has congratulated current Governor Dapo Abiodun and the people of Ogun State following the Nigerian National Petroleum Corporation Limited’s (NNPCL) recognition of Ogun as a frontier state for oil exploration. This announcement was made through a press statement released by the OGD Media Office on Sunday. This achievement […]
Labour Begins Strike Today Over New Minimum Wage Demand
Organized labour unions have initiated a nationwide strike today to demand a new national minimum wage despite federal government appeals. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) declared the strike after failed negotiations with government representatives on increasing the minimum wage. Talks collapsed last Friday when the government’s offer to raise […]
Kano Government Declares State of Emergency in Education Sector
Governor Abba Yusuf of Kano State has declared a state of emergency in the education sector to ensure quality education and enhance service delivery across the state. The announcement, made by his spokesperson Sanusi Tofa yesterday, fulfills a key campaign promise outlined in Yusuf’s document “My Commitment for Kano,” presented in 2022. The official declaration […]
Abia Govt Denies Governor’s Support for IPOB Sit-at-Home Protest
The Abia State government has refuted a statement attributed to Governor Alex Otti, suggesting his support for the May 30 sit-at-home order by the Indigenous People of Biafra (IPOB). Okey Kanu, Commissioner for Information and Culture, clarified that neither Governor Otti nor the state government endorsed the protest. The controversy arose from a misquoted statement […]
South Africa’s Coalition Negotiations Begin as ANC Loses Majority
Official results from South Africa’s recent election are anticipated to confirm on Sunday the end of the African National Congress’s (ANC) 30-year majority rule, initiating a race to form a new ruling coalition. Voters, frustrated by joblessness, inequality, and power shortages, significantly reduced their support for the ANC, the former liberation movement led by the […]
Internal Discord in Israeli Government Over Biden’s Ceasefire Plan
Two far-right Israeli ministers have threatened to resign and destabilize the governing coalition if Prime Minister Benjamin Netanyahu accepts a Gaza ceasefire proposal introduced by US President Joe Biden on Friday. Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben-Gvir firmly oppose any agreement before Hamas is defeated. Opposition leader Yair Lapid has offered […]
FG Urges Labour Unions to Resume Wage Talks, Warns Against Indefinite Strike
The Federal Government has appealed to the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to reconsider their planned indefinite strike and return to negotiations. Minister of Information and National Orientation, Mohammed Idris, said that meeting the labour unions’ demand for a N494,000 minimum wage would cost N9.5 trillion, which the economy cannot […]
Defence Minister Condemns Soldier Killings in Abia, Vows Justice
Minister of State for Defence Dr. Muhammed Bello Matawalle has condemned the killing of five soldiers at Obikabia Junction in Obingwa local government area of Abia State, allegedly by members of the Indigenous People of Biafra (IPOB) and their armed wing, the Eastern Security Network (ESN). In a statement released by the ministry’s director of […]
