The government of Saudi Arabia on Friday announced plans to invest in the rehabilitation of Nigerian refineries.The Kingdom also said it was ready to support Nigeria’s foreign exchange reforms through a substantial deposit aimed at enhancing the country’s forex liquidity.The commitments were made during a bilateral meeting between the Saudi
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For the second time in five months, the National Industrial Court has stopped organised labour from proceeding on a nationwide industrial action.The President of the Court, Justice Benedict Kanyip, held yesterday that the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), as well as their affiliates at the
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The Inspector-General of Police (IGP), Kayode Egbetokun, has ordered an investigation into the circumstances surrounding the alleged assault on the President of the Nigeria Labour Congress, Mr. Joe Ajaero.The Force Public Relations Officer, ACP Olumuyiwa Adejobi, stated this at a press conference on Friday in Owerri, ahead of Saturday’s governorship
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To strengthen data collection, documentation, and application by local government staff, the United Nations Children’s Fund (UNICEF) has distributed laptops and some related information and communication technology (ICT) accessories to the 14 local government areas of Zamfara State.This was disclosed by UNICEF official Maryam SSaidat a one-day information dissemination meeting
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President Bola Tinubu has arrived in Riyadh, Saudi Arabia, for the Saudi-Africa Summit held on Friday, November 10.The President arrived in Riyadh on Thursday morning and was received by government officials at the airport.At the Saudi-Africa Summit, the President will underscore Nigeria’s commitment to attracting more Foreign Direct Investment and
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The Nigeria Labour Congress, NLC, and Trade Union Congress, TUC, blocked both the entry and exit of the Nnamdi Azikiwe International Airport on Thursday.The protesters attempted to enter the airport but were stopped at the checkpoint by the military.Angered by the refusal, the protesters blocked the airport’s entry and exit
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The Inspector General of Police (IGP), Kayode Egbetokun, has appointed Olatunji Disu as the new Commissioner of Police for Rivers State.IGP Egbetokun has also ordered the immediate redeployment of seven senior police officers to lead different commands as part of the ongoing measures towards strengthening security, tackling violent crimes, and
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The Minister of Information and National Orientation, Mohammed Idris, says the 2023 supplementary budget is a bold and pragmatic response to address the current economic challenges in the country.Mr. Idris stated this in a statement by his Special Assistant on Media, Rabiu Ibrahim, on Thursday in Abuja.President Bola Tinubu signed
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A Federal Capital Territory, FCT, High Court has restrained a South African company, Novare, and its subsidiaries from selling off their assets in Nigeria.Novare is the owner of retail malls, including Shoprite malls, in the country.Justice Peter Kekemeke gave the interim order following an ex-parte motion moved to effect by
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The Central Bank of Nigeria (CBN) has said all of Nigeria’s banknotes remain legal tender as the Supreme Court’s December deadline for the bank to phase out the old N200, N500, and N1,000 notes from circulation draws near.CBN issued a statement on Wednesday, November 8, to allay fears over the
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