FG flags off construction of 250 housing units in Delta

FG flags off construction of 250 housing units in Delta
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Warri – The Federal government has flagged off construction of 250 housing units in Ekpan, Uvwie local government in Delta state under its Renewed Hope Cities and Estates Programme of the Federal Ministry of Housing and Urban Development. Deputy Governor of Delta state Sir Monday Onyeme and the Hon Minister of Housing and Urban Development...

Federal Government Considers Minimum Wage Review as Labour Announces Strike on Wednesday

Federal Government Considers Minimum Wage Review as Labour Announces Strike on Wednesday
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In response to the ongoing controversy surrounding the removal of fuel subsidy and the subsequent increase in the price of petrol, the Federal Government of Nigeria is contemplating an adjustment to the national minimum wage to align with the prevailing economic conditions in the country. The Nigeria Labour Congress (NLC) has threatened to commence a...

Labour Party’s Obi Submits 136 Exhibits from Lagos, Edo, and Other States in Presidential Tribunal

Labour Party's Obi Submits 136 Exhibits from Lagos, Edo, and Other States in Presidential Tribunal
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In a dramatic turn of events at the Presidential Election Petition Court (PEPC) in Abuja, Mr Peter Obi, the Labour Party (LP) candidate who claimed that the 2023 presidential election was rigged, presented 136 additional exhibits on Friday to bolster his allegations. Justice Haruna Tsammani, leading a five-member panel, admitted the exhibits as evidence. These...

Governors Wike, Makinde, and Ibori Rally Behind President Tinubu’s Subsidy Removal Decision

Governors Wike, Makinde, and Ibori Rally Behind President Tinubu's Subsidy Removal Decision
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In a show of solidarity, Governor Seyi Makinde of Oyo State, former Governor Nyesom Wike of Rivers State, and former Governor James Ibori of Delta State gathered at the Presidential Villa in Abuja yesterday to lend their support to President Bola Tinubu regarding the removal of petroleum subsidy. The trio arrived at the State...

Innovative Digital Solution Introduced to Address Financing Gap for MSMEs

Innovative Digital Solution Introduced to Address Financing Gap for MSMEs
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Fiducia, an advanced digital Supply Chain Financing (SCF) marketplace, has been launched to tackle the persistent issue of limited credit access for Nigeria's Micro, Small, and Medium Enterprises (MSMEs). The estimated financing gap for these businesses stands at a staggering N617.3 billion annually. Fiducia serves as a comprehensive solution and marketplace that brings together...

South Korea U-20 Coach Vows to Prepare Intensely for Nigeria Encounter at U-20 World Cup

South Korea U-20 Coach Vows to Prepare Intensely for Nigeria Encounter at U-20 World Cup
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In an upcoming quarterfinal match at the U-20 World Cup, South Korea's Under-20 national team is set to face the Flying Eagles of Nigeria. Kim Eun-joong, the head coach of the South Korean team, has commended the level of preparedness displayed by Nigeria and expressed his team's determination to meticulously prepare for the upcoming...

FG Presents Productivity Award to NPA Chief, Mohammed Bello Koko

FG Presents Productivity Award to NPA Chief, Mohammed Bello Koko
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In a commendable move, the Nigerian government has bestowed upon Mohammed Bello Koko, the Managing Director/CEO of the Nigerian Ports Authority (NPA), the prestigious National Productivity Order of Merit (NPOM) Award. This recognition is in appreciation of Koko's remarkable efforts in revitalizing the NPA, resulting in enhanced trade facilitation, increased revenue generation, and an...

Nigerian Stock Market Witnesses a 5.37% Surge in Week Ending June 2

Nigerian Stock Market Witnesses a 5.37% Surge in Week Ending June 2
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In the week that concluded on Friday, June 2, the Nigerian Exchange Limited (NGX) experienced a remarkable upswing as the All-Share Index (ASI) and equities Market Capitalization registered a significant increase of 5.37 percent. The ASI closed at 55,820.50 points, while the market capitalization reached an impressive N30.395 trillion. Throughout the trading week, all other...