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The Senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASCGOC) has commenced picketing of the headquarters of the Raw Materials Research and Development Council (RMRDC) in Abuja over unresolved labour disputes and alleged violations of workers’ rights. The industrial action followed the expiration of a three-day notice issued toContinue Reading
Foreign debt owed by Nigerian companies to overseas lenders rose by 179.6 per cent in seven years to $54.48 billion in 2025 from $19.49 billion in 2018, as private sector borrowing continues to account for a growing share of the country’s external debt. The World Bank in its “International DebtContinue Reading
United Nigeria Airlines (UNA) has introduced voluntary donations through its online ticket booking platform and inflight announcements to mobilise funds for cancer patients in partnership with the Nigerian Cancer Society (NCS). The initiative will allow passengers to contribute to cancer care through a dedicated donation account when purchasing flightContinue Reading
The Federal Government (FG), on Wednesday in Lagos State commissioned five Compressed Natural Gas daughter and last-mile retail stations developed by Ibile Oil and Gas Corporation (IOGC) with the support of the Midstream and Downstream Gas Infrastructure Fund (MDGIF). Commissioning the project Hon. Ekperikpe Ekpo, Ph.D, Minister of State, PetroleumContinue Reading
President Bola Tinubu has sought the approval of the House of Representatives to implement the N10.79 trillion external borrowing component of the 2026 Appropriation Act to finance part of the budget deficit. Tinubu’s request was contained in a letter addressed to Speaker Abbas Tajudeen and read at plenary on Wednesday,Continue Reading
Nigeria produced about 502.26 million barrels of crude oil and condensate between January and October 2026, but the output is still below the benchmark set in the 2026 budget. The figure, which translated to a daily average of 1.65 million barrels per day (mbpd), was calculated from monthly production dataContinue Reading
The president of Lagos Chamber of Commerce and Industry (LCCI), Engr. Leye Kupoluyi, has described Dangote Industries Limited as a benchmark for industrial audacity in Nigeria. The Chamber urged the government to urgently address structural constraints holding back manufacturers, particularly unreliable power supply, costly transport and logistics, and the needContinue Reading
An agro-technology programme aimed at equipping young Nigerians with skills and opportunities in modern agriculture is targeting 600,000 youths for empowerment by October 2027. The programme is part of efforts by the Youths on Ground Progressive and Mentorship Initiative to promote youth participation, drive innovation and create employment opportunities inContinue Reading
In 2022 and 2023, Hartshead Moor East, near Leeds, was voted the worst in Great Britain. Ever since, staff have been on a mission to redeem its reputation The crime issue of the Long Read magazine is out now. Click here to order In October 2023, at a service stationContinue Reading
Local refiners and petroleum products marketers have faulted the Federal Competition and Consumer Protection Commission (FCCPC) over its demand for lower petrol prices, accusing the agency of failing to understand the workings of the downstream market. The operators reacted after the commission, on Tuesday, warned refiners and marketers that continuedContinue Reading
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