The Farm and Infrastructure Foundation, a civil advocacy organization at the frontline of food security in Nigeria, has charged Nigerians to join forces in ensuring that governments in the country prioritize policies and programmes that will ensure food security as their fundamental human right in the years ahead. Giving the charge during a statement on […]
….As Forced Commercial Sex Labour Accounts For 73% Of Profits A new report from the International Labour Organization (ILO) has revealed that forced labour in the private economy generates US$236 billion in illegal profits annually. The labour organization disclosed that the report’s findings indicated that the total amount of illegal profits from forced labour had […]
The Deputy Governor of the Economic Policy Directorate of the Central Bank of Nigeria (CBN), Muhammad Sani Abdullahi, has projected that Nigeria’s headline inflation will rise to 32.63% in March this year given the prevailing micro and macroeconomic indices of the economy Abdullahi made this forecast in his paper presented at the CITI-CEEMA Macro Conference […]
Shareholders under the aegis of the New Dimension Shareholders Association of Nigeria have commended the Securities and Exchange Commission (SEC) for rejecting the company’s request for its major shareholder, PZ Cussons (Holdings), to buy out minority shareholders and delist from the Nigerian Exchange Limited (NGX). According to a corporate Notice by PZ Cussons (Holding), the […]
With electronic waste (E-Waste) from the deployment, usage and disposal of computers, mobile phones, and TVs, among others, exponentially surging across the global landscape on daily basis, the International Telecommunications Union (ITU) has said there is a global concern over the rate at which the E-Waste is being generated. According to the global telecom body, […]
The Senate and House of Representatives Committee on Communications has approved the Nigerian Communications Commission’s (NCC’s) budget projection of N549.6 billion for financial year 2024. During a joint session of the Committee on Wednesday chaired by Sen. Ikra Bilbis, the telecom industry regulatory commission’s 2023 budget performance was reviewed in the presence of Dr. Aminu […]
The Central Bank of Nigeria (CBN) has cleared all valid foreign exchange backlogs in fulfilment of the promise by the Governor, Mr. Olayemi Cardoso, to process for payment an inherited backlog of US$7 billion in claims. The apex bank’s Acting Director, Corporate Communications, Mrs. Hakama Sidi Ali, made this disclosure in a statement issued on […]
Barely few days after President Bola Tinubu forwarded the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill 2024 to the National Assembly, the Senate on Wednesday passed the bill. The passage of the bill was sequel to the presentation by the chairman of the Senate’s committee on tertiary institutions and TETFUND, Muntari […]
President Bola Tinubu has written to the National Assembly for the extension of the 2023 capital budget implementation timeline from March 31, 2024, to June 30, 2024. The Speaker of the House of Representatives, Hon. Abbas Tajudeen, read the letter from the President on Wednesday during the plenary session. According to the President, the extension […]
The Acting Head of Infrastructure South Africa (ISA), Mameetse Masemola, has estimated that the country will need nearly $5.7 trillion to close the infrastructure investment gap between now and year 2050. The ISA’s boss gave this estimate in a statement issued during the Sustainable Infrastructure Development Symposium South Africa (SIDSSA) on Monday. During a media […]