The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue. Amidst this, Transcorp Hotels Plc has suffered unprecedented losses and is looking to restructure the business strategy of its hotels and optimize its operations. The management of Transcorp Hotels Plc has announced that it will be taking […]
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The Nigeria Labour Congress (NLC) has threatened industrial action if the federal government fails to reverse the recent hike in petrol price and electricity tariff in 14 days. The NLC president, Ayuba Wabba, said this at the end of the NLC’s central working committee (CWC) meeting on Wednesday in Abuja. Mr Wabba said workers and […]
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President Muhammadu Buhari has described Nigeria as the most prosperous black nation in the world. The unveiling took place during the Federal Executive Council (FEC) meeting in Abuja, the nation’s capital. Speaking on Wednesday during the unveiling of the theme and logo for the country’s 60th independence anniversary in Abuja, Buhari said the anniversary calls […]
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The Akwa Ibom State office of the Independent National Electoral Commission (INEC), is set to arraign two university lecturers for their alleged involvement in electoral offences during the 2019 elections in the state. Findings revealed that the lecturers who were engaged as Collation and Returning Officers during the 2019 General elections, manipulated and falsified election […]
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The President of the Federal Republic of Nigeria, Muhammadu Buhari on Tuesday justified his government’s borrowing to finance infrastructure. Buhari stated that his administration take loans to solve the dire shortfall in infrastructure. The president spoke on Tuesday at a meeting with members of the Presidential Economic Advisory Council (PEAC) at the State House, in […]
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The leadership of the Nigeria Labour Congress (NLC) has explained its reason for not organising protests against the increase in pump price of petrol and the new electricity tariff. The Petroleum Products Pricing Regulatory Agency (PPPRA) had announced an increase in the price of premium motor spirit, better known as petrol. The Nigerian Electricity Regulatory […]
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The Nigeria Centre for Disease Control (NCDC) has confirmed 160 new cases of the novel coronavirus (COVID-19) pandemic. This was revealed in a tweet on Saturday night. Plateau and the Federal Capital Territory (FCT) both topped the list of cases with 39 cases each while Ekiti, Edo, Abia, Bayelsa recorded the least number of cases […]
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Nigeria’s Public Debt Stock has hit N31.009 trillion as at June 30, 2020, the Debt Management Office (DMO) said on Wednesday. This means that in the last five years under the President, Major General Muhammadu Buhari (retd.), the country’s debt rose by N18.89tn. As of the end of June 2015, one month after the present […]
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The Federal Government of Nigeria, on Monday moves to quell rising agitations over recent increases in prices of premium motor sprit, popularly known as petrol and electricity by putting arguments on why the prices of the two products should go up in the public domain. First, it was President Muhammadu Buhari who at the First […]
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The Federal Government is planning to spend N2.3 trillion to reposition the country’s economy as part of the Nigeria Economic Sustainability Plan to cushion the effects of the novel coronavirus (COVID-19). This was disclosed by Femi Adesina, the Special Adviser to the President on Media and Publicity, at the 2nd Annual Conference and General Meeting […]
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