Bill Gates Explains Why He Spends More Money in Nigeria than Other African Countries

The Co-chair of the Bill and Melinda Gates Foundation, Bill Gates has explained why Nigeria receives the largest share of intervention funds allocated by the foundation in Africa. According to him, the foundation spends a lot in Nigeria because of the population and the incredible needs. Gates stated this during an interview with selected journalists […]

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Petrol Price Hike: Lagos Governor Orders Workers to Work from Home for 3 Months

The Lagos State Government has ordered workers in the state to work from home due to the recent increase in the price of petrol. This is as the government extended its work-from-home policy for workers for the next three months to alleviate the hardship orchestrated by the new petrol pump prices. The State Governor, Babajide […]

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FCCPC Speaks on Plans to Regulate Food Prices

The Federal Competition and Consumer Protection Commission (FCCPC) has refuted allegations regarding its intention to regulate the prices of food products and other goods within the Nigerian market. The clarification follows concerns raised by the Organised Private Sector and other stakeholders regarding the commission’s recent instruction to businesses to cease practices such as price gouging […]

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Government Hospital Goes up in Flames

Yola Specialist Hospital was engulfed by fire which resulted in damages to a section of the facility. Governor Ahmadu Fintiri who just returned after a brief trip out of the state immediately visited the scene on arrival describing the incident as unfortunate and an act of sabotage. He promised to fix the damages immediately so […]

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Minimum Wage: NYSC States Its Position on Corps Members’ Allowance

The National Youth Service Corps (NYSC) has assured corps members that their monthly allowance of ₦33,000 will be increased following the implementation of the new minimum wage by the Federal Government. The management’s position was announced by the NYSC Director General, Yusha’u Ahmed, during his visit to Kebbi and Sokoto, where he addressed the 2024 […]

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Why Dangote Alone Can Decide How Much Petrol from His Refinery Will Cost

The Chairman of the Energy Transition Study Group at the Nigerian Gas Association, Olabode Sowunmi, has stated why only Aliko Dangote can decide how much petrol from his refinery will cost. On Tuesday, in his refinery vicinity, while answering questions from newsmen, Dangote said the Federal Executive Council (FEC) would have a role to play […]

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Leadership of NANS Denounces Plans to Embark on Nationwide Strike

The leadership of the National Association of Nigerian Students (NANS) has denounced reports that it is planning a massive protest and the shutting down of major cities following the recent increase in the pump price of petrol. In a statement, NANS Senate president, Comr Akinteye Babatunde Afeez, noted that the student association did not announce […]

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‘Tax Collection in Nigeria Too Low’ – Bill Gates

The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, has stated that tax collection in Nigeria is too low. Gates made his observation on Tuesday, September 4, at the Nutrivision 2024, a pan-African youth dialogue on nutrition in Nigeria’s capital city, Abuja. Gates, while answering a question on financing mechanisms the Federal Government […]

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Petrol Price Increase: Nigerian Students Announce Protest, Total Shutdown of Major Cities

The National Association of Nigerian Students (NANS) has announced plans for a nationwide protest that will totally shut down major cities across Nigeria. The protest which is scheduled to start on September 15, 2024 is a reaction to the recent hike in the pump price of fuel and the perceived failure of the Director General […]

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Naira Ends September at N1705/$1 in Black Market, Dealers Give Reason

Naira Records More Heartbreaking Crash Against the Dollar

The naira has again, recorded a more woeful performance against the dollar at the foreign exchange market. This comes after the recent hike in Premium Motor Spirit (petrol) pump price in Nigeria. FMDQ data showed that the naira weakened to N 1611.34 per dollar on Tuesday from N 1585.77 exchanged on Monday. This represents N25.57 […]

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