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- August 1, 2024
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Nigeria must grow beyond banking to achieve $1tn economy – Afrinvest
The Federal Government has been advised that for the country to achieve the projected $1tn economy, it needs to grow beyond the banking sector. This was stated by the Group Managing Director of Afrinvest, Chioke Ike, at the launch of its 2024 Banking Sector Report, themed Recapitalisation: Catalyst for a $1 Trillion Economy?’ The apex Read More
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- August 1, 2024
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NLC threatens showdown as gov says Gombe can’t pay N70,000
The Nigeria Labour Congress, on Wednesday, threatened a showdown as the Governor of Gombe State, Muhammad Yahaya, declared that the state would not be able to pay the N70,000 new minimum wage. President Bola Tinubu signed the new minimum wage bill into law on Monday, making N70,000 payment mandatory. But the Gombe governor, while speaking Read More
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- August 1, 2024
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Vision 2050: Unlocking Tanzania’s billion-dollar migration potential
Vision 2050 is about thinking outside the box to unlock untapped potential for Tanzanians.
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- August 1, 2024
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Legal debate intensifies on citizens’ right to protest
As the #EndBadGovernance protest begins today, legal experts, among others, react to the recent Lagos State High Court ruling restricting the protest in the state to certain locations, writes ONOZURE DANIA Today, August 1, 2024, marks the beginning of the nationwide protest tagged #EndBadGovernance. The protest, meant to register the displeasure of the citizens against Read More
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- August 1, 2024
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Banks, others shut as hunger protest holds
Banks and other financial institutions in the country will be closed on Thursday, August 1, 2024, as the planned hunger strike begins across the country. While none of the banks outrightly announced a closure, chats with different employees of the banks indicated that they have been advised not to report for work on Thursday as Read More
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- August 1, 2024
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Ogunsemilore couldn’t prove her innocence — NOC
Nigerian boxer Cynthia Ogunsemilore was sent parking from the Olympic Games Village in Paris 2024 after failing to prove her innocence in a doping case, Nigeria Olympic Committee Media Officer Tony Nezianya told PUNCH Sports Extra on Wednesday. The International Testing Agency had earlier reported that Ogunsemilore tested positive for furosemide, a prohibited diuretic, in Read More
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- August 1, 2024
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#EndBadGovernance and danger of misplaced anger
Today is the set date for the Nigerian citizens to unleash their pent-up anger and frustration against their political leaders, nay the President Bola Tinubu government, through a channel popularised and sold as #EndBadGovernance protest. My fear is that because they have waited far too long, the rage may have a double impact. Just like Read More
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- August 1, 2024
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CBN advances: Opposition, OPS oppose higher borrowing limit for FG
Both chambers of the National Assembly have raised the threshold for the Ways and Means advances by the Central Bank of Nigeria to the Federal Government from five per cent to 10 per cent of the previous year’s revenue. However, this decision was opposed by the Organised Private Sector and members of the opposition parties Read More
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- August 1, 2024
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Monthly power subsidy soars by 151% to N211bn
The electricity subsidy obligation of the Federal Government rose from N252.76bn to N633.30bn in the first quarter of 2024, a report by the Nigerian Electricity Regulatory Commission has disclosed. The NERC said the electricity subsidy skyrocketed to N211.10bn per month in the first three months of 2024, from N84.25bn in the last quarter of 2023. Read More
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- August 1, 2024
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Falcons crash out of Paris 2024
Clinical Japan beat Nigeria 3-1 in the final Group C women’s football event at the Paris Olympics to send the African giants home, The PUNCH reports. First-half goals from Maika Hamano, Mina Tanaka, and Hikaru Kitagawa ensured that Futoshi Ikeda’s ladies finished second in the group to book a place in the quarter-finals of the Read More
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