Many passengers were stranded on Wednesday at the Mallam Aminu Kano International Airport, Kano State, following a protest by staff members of the Nigerian Meteorological Agency over the non-implementation of the new national minimum wage. The protest caused delays in several scheduled flights at the airport. An airport ...
Read More »Trump’s reassurance on Powell, tariff cuts spark global market rally
Equities rallied with Wall Street on Wednesday after Donald Trump said he had “no intention” of firing the head of the Federal Reserve and that eye-watering tariffs on China would be slashed drastically. Global markets, already upended by a trade war, were battered further at the start of ...
Read More »Kano pension board clears N21bn of inherited N48.6b debt
The Kano State Pension Board has so far cleared over N21 billion in pension liabilities out of a total debt of N48.6 billion inherited from the previous administrations in the state. The Executive Chairman of the Kano State pension fund trustees, Alhaji Habu Fagge made this known while addressing ...
Read More »Oyo rep distributes fertilisers to 5000 farmers
A member of the House of Representatives, representing Ido/Ibarapa East Federal Constituency, Aderemi Oseni has distributed 5,206 bags of fertilisers to farmers across his constituency. Distributing the fertilisers at his Constituency Office at Ologuneru in Ibadan, Ido Local Government Area of Oyo State, on Tuesday, Oseni said fertiliser has ...
Read More »Why fuel smuggling thrives despite subsidy removal – Customs
The Nigeria Customs Service has shed light on the continued smuggling of petrol across the country’s borders, despite the elimination of fuel subsidies. According to the Comptroller General of Customs, Adewale Adeniyi, the practice remains attractive to smugglers due to the stark difference in fuel prices between Nigeria and ...
Read More »Is it time for a black Pope?
As the world mourns the passing of Pope Francis, the first pope from the Americas and the first Jesuit to lead the Roman Catholic Church, a conversation that has long simmered within the global Catholic community comes into sharper focus: Is it time for a Black pope? The death of ...
Read More »Emergency rule: Fubara may shift ground after Tinubu’s UK meeting
There are indications that suspended Rivers State Governor, Siminalayi Fubara, is warming up to making concessions to ease the political tension in the state. This followed Fubara’s meeting with President Bola Tinubu in London during the latter’s 18-day retreat in Europe. The meeting, confirmed by The Africa Report, ...
Read More »Stray bullet kills teen at Lagos anti-cultism walk
Tragedy struck on Monday when a 16-year-old boy, identified simply as Mustapha, was killed by a stray bullet during a suspected cult clash in the Oyingbo area of Ebute Metta, Lagos State. PUNCH Metro learnt that the incident occurred during a peace walk organised by some youths to address ...
Read More »Flight disruptions likely over NiMet workers’ strike
Passengers at the Murtala Muhammed Airport, Lagos, and the Nnamdi Azikiwe International Airport, Abuja, have expressed worry as workers of the Nigeria Meteorology Agency vowed to embark on a nationwide indefinite strike from midnight on Tuesday. The development, according to operators and experts in the sector, could lead to ...
Read More »Eight banks spend N4.61tn on salaries, operations
The total expenses of eight Nigerian banks soared to N4.61tn in 2024, driven by increases in both personnel and operating costs. The data reveals a 107.8 per cent rise from N2.2tn in 2023, highlighting the growing financial pressure on the banking sector. This was based on the annual ...
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