President Bola Tinubu has ordered the full implementation of the Oronsaye report.Consequently, it announced the merging, subsuming, scraping and relocation of several agencies of government. The Minister of Information and National Orientation, Mohammed Idris, revealed this to State House Correspondents after Monday’s Federal Executive Council meeting at the Aso Rock …
Read More »FG to implement Oronsaye Report to cut cost of governance
President Bola Tinubu has ordered the full implementation of the Oronsaye report.Consequently, it announced the merging, subsuming, scraping and relocation of several agencies of government. The Minister of Information and National Orientation, Mohammed Idris, revealed this to State House Correspondents after Monday’s Federal Executive Council meeting at the Aso Rock …
Read More »Nigerian Workers set to benefit as President Tinubu gives fresh Order
President Bola Tinubu has given marching orders to senior civil servants for the accelerated payment of welfare packages to workers nationwide. He warned that the bureaucracies undermining the expeditious payment of benefits would not be tolerated and directed that a monthly briefing by the Head of Service and submission of …
Read More »CAC Institute Reward Policy To Enhance Staff Productivity
The Corporate Affairs Commission has unveiled a reward policy for staff in order to enhance productivity and further entrench discipline in the system. The Registrar General/CEO of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, SAN, stated this while unveiling the Commission’s 2024 blueprint at a one-day strategic leadership retreat …
Read More »IMF Warns Naira May Experience Further 35% Depreciation in 2024 Due to Nigeria’s Production Challenges
The International Monetary Fund (IMF) has warned that the country’s exchange rate may depreciate further by about 35 percent this year and contribute to a sharp rise in inflation, peaking at 44 per cent before the monetary policy could eventually arrest the situation through tightening.The fund disclosed this in its …
Read More »NARTO Suspends Planned Nationwide Strike
The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. NARTO National President of NARTO, Othman Yusuf, directed members to immediately resume petroleum loading activities after a meeting held in Abuja.It was gathered that the meeting was attended by the Minister of State Petroleum Resources (Oil), …
Read More »Why Osimhen didn’t play against Genoa — Napoli coach Mazzarri
Napoli boss Walter Mazzarri has revealed the reason Victor Osimhen was not included in the matchday squad against Genoa. Recall Osimhen returned to training on Friday after his participation at the 2023 Africa Cup of Nations where he led the Super Eagles to the finals. The 25-year-old on Saturday watched from the …
Read More »BUA announces 50% salary increment for staff
Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board.Rabiu made the disclosure in an internal memo signed on Sunday in Lagos by Mr Mohammed Wali, BUA’s Head of Human Resources. The memo quoted BUA chairman as saying …
Read More »Nigeria’s new Dangote refinery to export first fuel cargoes
The refinery, Africa’s largest with a nameplate capacity of 650,000 barrels per day, was built on a peninsula on the outskirts of the commercial capital Lagos by the continent’s richest man Aliko Dangote. Nigeria has for years relied on expensive imports for nearly all the fuel it consumes but the …
Read More »Wigwe: A US Court Asked Chopper Manufacturer To Pay $75m To family of Another Crash
An American court in January asked Airbus Helicopter SAS, the manufacturer of the helicopter in which top Nigerian banker Herbert Wigwe was travelling before a fatal crash, to pay the family of a victim of another crash $75 million. Wigwe was the group CEO of Access Bank, Nigeria’s largest bank …
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