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Following the ultimatum issued by members of the NLC and its affiliates to begin a 2-day warning strike, the Minister of Labour and Employment Simon Bako Lalong and the Minister of State Hon. Nkeiruka Onyeajeocha have briefed the media on efforts to dialogue with labour and avert the strike. The government acknowledges the hardships caused by the removal of Petrol Subsidy and other policies but assures Nigerians that measures are in place to cushion the impact and create a prosperous future.
Nigeria's President Bola Tinubu is set to attend this year's G20 summit in India, as Nigeria considers joining the bloc of major world economies. The invitation extended by Indian Prime Minister Narendra Modi reflects Nigeria's potential membership. If Nigeria becomes a part of the G20, it will be the second African country to join the league of the most industrialized nations. Nigeria's bold economic reforms under President Tinubu's leadership will be discussed during the summit, with a focus on attracting foreign direct investment for infrastructure development without increasing the country's debt.
The Nigerian Exchange Limited (NGX) has emerged as the second-best performing exchange market in Africa, recording impressive gains of N16.388 trillion from June to August 31. Despite challenges such as soaring inflation and a foreign exchange rate crisis, the NGX's market capitalization rose from N20.034 trillion to N36.422 trillion during this period. This performance reflects heightened investor optimism for domestic growth and the promulgation of long-needed policies by the new administration. The article explores the factors contributing to NGX's success and highlights the investment opportunities it offers.
Nigeria is considering applying for membership in the G20, a move that could have significant implications for the country and the African continent as a whole. President Tinubu's spokesperson revealed the news, stating that discussions are underway to assess the benefits and risks associated with joining the influential group.
The Central Council of Ibadan Indigenes (CCII) has sworn in its new executive council. The president-general, Barr. Sulaimon Ajewole, highlighted the council's vision to complete the Olubadan's palace and empower the youths in Ibadan. The former first lady of Oyo State and other dignitaries expressed satisfaction with the new executive council.
Nigeria, the largest economy in Africa and one of the top oil producers, is contemplating its inclusion in the G20 group. The Nigerian government is currently conducting extensive consultations to weigh the benefits and risks. President Bola Tinubu plans to attend the upcoming G20 Summit in New Delhi, where he aims to attract more investments for Nigeria. Despite its vast oil reserves, a substantial portion of the Nigerian population still lives in poverty. This article explores the potential implications of Nigeria's G20 membership and the challenges it faces in addressing economic inequality.
President Bola Tinubu of Nigeria has issued a total recall of the country's ambassadors worldwide, except those representing Nigeria at the upcoming United Nations General Assembly. This move reflects Tinubu's commitment to improving foreign and domestic service delivery, as he embarks on bold reforms for the country.
Enyimba International Club of Aba has been drawn to play against Wydad Casablanca in the inaugural edition of the African Soccer League. The tournament draw was held at the CAF headquarters in Cairo on Saturday. Enyimba will play their home games at the Godswill Akpabio Stadium in Uyo. This article provides an overview of the upcoming fixtures and highlights the potential showdown between Enyimba and Wydad Casablanca in the quarter-finals.
President Bola Tinubu of Nigeria has instructed the recall of all the country's ambassadors stationed around the world after assessing the situation in Nigerian diplomatic missions. This move does not include the Permanent Representatives of Nigeria to the United Nations in New York and Geneva, who are exempted due to the upcoming UN General Assembly.
Nigeria is calling on top artificial intelligence (AI) researchers to contribute to its National AI Strategy, aiming to become Africa's AI hub. The government seeks to leverage AI for sustainable development, job creation, and social inclusion. Despite the potential risks, Nigeria is committed to AI adoption and believes that its human capital is its most valuable asset. With a fast-growing tech startup ecosystem, Nigeria is well-positioned for economic diversification and inclusive growth.
The Cross River State Government, led by Governor Bassey Otu, has allocated a substantial 100,000 hectares of land for cassava production and other agricultural programs in the state. This proclamation was made during a Cassava Value Chain Stakeholders' Workshop, emphasizing the importance of mass production of this crop to enhance the nation's GDP. The event aimed to boost cassava productivity among smallholder farmers while facilitating connections with the industry for a sustainable value chain system. It also sought to develop a comprehensive strategy, integrating cassava into the broader national agricultural framework.
President Bola Ahmed Tinubu has directed the recall of all Nigerian ambassadors serving in different countries. The decision comes after the recall of Nigeria's High Commissioner to the United Kingdom, Sarafa Isola. The recall applies to both career and non-career ambassadors. The Ministry of Foreign Affairs clarified that ambassadors serve at the behest of the President, and it is his prerogative to send or recall them. No information regarding their successors has been provided yet.
Chief (Mrs) Titilola Adeleke, wife of the Osun State Governor, has called on the wives of Local Government Chairmen to support the Renewed Hope Initiative, a pet programme of the First Lady of the Federation, Senator Oluremi Tinubu. The initiative focuses on the betterment of women and children, primarily in the areas of education, health, and agriculture. Mrs Adeleke emphasized the importance of women's participation in agriculture and the need for quality education for children, especially the girl child.
The ruling All Progressives Congress (APC) in Nigeria plans to establish offices in all 8,813 wards across the country. They also aim at creating a National Institute of Progressive Study. The party believes in the power of progressivism as a political ideology and wants to improve the lives of Nigerians through political action and social reform. Governor Yahaya Bello of Kogi state expressed confidence that the APC will secure a landslide victory in the upcoming election.
The Delta State Government has set a goal to enroll 100,000 new individuals into the State Contributory Health Scheme to enhance health coverage in the state. With just N7,000, a person can secure a year-long health insurance cover, providing access to free primary and secondary healthcare, including surgeries. The government's initiative aligns with the Sustainable Development Goal 3 to improve health and well-being.
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