Naira is gaining strength in 2025: Here is why 

If you exchanged your Naira for USD in September 2024 and held it, the $1, when converted back to Naira, would be worth 11.12% less; The Naira has strengthened. The post Naira is gaining strength in 2025: Here is why  appeared first on Nairametrics.

Why the Nigerian stock market could gain over 11% in Q4 2025 – Cordros 

Analysts at Cordros Securities expect the Nigerian stock market to deliver an additional 11.9% return in the fourth quarter of 2025, adding to the already strong 38.7% gain recorded year-to-date.  The post Why the Nigerian stock market could gain over 11% in Q4 2025 – Cordros  appeared first on Nairametrics.

‘Why I don’t wear ‘Khaki’ to Senate’ – Oshiomhole

Senator Adams Oshiomhole, representing Edo North, has revealed that he stopped wearing khaki to the Senate because of the chamber’s dress code. Speaking on Arise Television’s Morning Show on Friday, the former Nigeria Labour Congress, NLC, president said he had been cautioned several times against wearing his trademark khaki attire to plenary. Oshiomhole said: “The
‘Why I don’t wear ‘Khaki’ to Senate’ – Oshiomhole

Senator Adams Oshiomhole, representing Edo North, has revealed that he stopped wearing khaki to the Senate because of the chamber’s dress code.

Speaking on Arise Television’s Morning Show on Friday, the former Nigeria Labour Congress, NLC, president said he had been cautioned several times against wearing his trademark khaki attire to plenary.

Oshiomhole said: “The ‘senator’ (wear) thing I need to clear it. I watched one analysis, where it was said that ”even Oshiomhole, power changes people. He no longer wears ‘khaki’.

“Do you know that I am not allowed with all my human right? I’m not allowed, I don’t have the right to wear those khaki to the Senate Because they have a dress code.

“And I have seen, I was there for a couple of times, they warned me, “please, this is not labour office.”

Oshiomhole noted that some commentators had suggested his change of dressing was due to the influence of political office, but clarified that it was a matter of compliance with Senate rules.

‘Why I don’t wear ‘Khaki’ to Senate’ – Oshiomhole

Ndume calls for labour law review after PENGASSAN-Dangote refinery dispute

Senator Ali Ndume has asked the National Assembly to review Nigeria’s labour laws after the recent strike by oil and gas workers in protest of Dangote Refinery’s actions. Speaking to the BBC Hausa Service, Ndume said the three-day strike made life harder for ordinary Nigerians until the Federal Government stepped in to settle the dispute.
Ndume calls for labour law review after PENGASSAN-Dangote refinery dispute

Senator Ali Ndume has asked the National Assembly to review Nigeria’s labour laws after the recent strike by oil and gas workers in protest of Dangote Refinery’s actions.

Speaking to the BBC Hausa Service, Ndume said the three-day strike made life harder for ordinary Nigerians until the Federal Government stepped in to settle the dispute.

“The strike brought unnecessary suffering. The price of petrol rose from ₦890 to ₦900, and people were left struggling. We need to review the labour law and make changes,” he emphasized. 

The strike started after PENGASSAN protested the sack of hundred of workers at the refinery which Dangote Refinery insists was part of restructuring to meet its work needs and not because of union activity.

The strike, which began on Monday, September 28, was called off on Wednesday, October 1, after the government intervened. However, the Nigerian National Petroleum Company Limited (NNPCL) said the action reduced crude oil production by 16 percent and caused a 30 percent drop in gas trading.

Ndume argued that while workers’ unions deserve protection, they must not use their power to make Nigerians suffer.“If PENGASSAN felt the refinery treated its members unfairly, it should have gone to court, not cut off fuel supply,” he said.

He also reminded Nigerians that the Dangote Refinery is a private business built with billions of dollars, warning that unions must act responsibly when dealing with it.

Ndume calls for labour law review after PENGASSAN-Dangote refinery dispute

It’s God’s given right – Oshiomhole takes position on Dangote refinery, PENGASSAN disputes

Senator Adams Oshiomhole, representing Edo North, has said that the right of workers to associate is not only constitutional but also a God-given entitlement. Speaking on Arise Television’s Morning Show on Friday, the former president of the Nigeria Labour Congress, NLC, described freedom of association as a core value that must be respected. The statement
It’s God’s given right – Oshiomhole takes position on Dangote refinery, PENGASSAN disputes

Senator Adams Oshiomhole, representing Edo North, has said that the right of workers to associate is not only constitutional but also a God-given entitlement.

Speaking on Arise Television’s Morning Show on Friday, the former president of the Nigeria Labour Congress, NLC, described freedom of association as a core value that must be respected.

The statement comes amid the recent trade dispute between Dangote Refinery and Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN.

Oshiomhole explained that both employers and employees have rights under trade union laws, including the freedom to join or refuse to join unions.

He, however, expressed concern about PENGASSAN escalating its dispute with the Dangote Refinery to the point of threatening a shutdown of the oil sector.

He cautioned that while unions are mandated to defend workers’ rights, such actions should not endanger the jobs of others in the industry.

He said: “It is a very complex issue. On a good day, you know, I want to discuss it my honest opinion in public, because what can easily be misunderstood, this is my life. I am a labor man from the age of 18 up to becoming president of the NLC. I believe that it is not even constitutional right. It is a God given right for human beings to associate in pursuance of their common interest, as defined by them. These are hard core values iam subscribed to, and they also were guaranteed the Nigeria constitution under Section 40. I have to be careful, because I know you quote law most of the time.

“The other is the trade union right recognizes the trade union laws recognizes the right of an employee to belong to a union, and we did battle over many years whether it should be your right to contract in or you contract out, because the problem with the freedom of association is that it also includes the freedom to refuse to associate with a particular association, which is the way you balance it, otherwise it becomes something obligatory that you cannot contract out from. So the employer has his right, the employee has his right.

“I do not have all the details. And when you have arguments such as, which is not strange to me, why an employee is relieved of his duty and why union believed the process was unfair or unjust, because union business is basically based on fairness as defined by them.

“But what I’m not sure is right, is the ease with which Ferguson resorted to escalating the manner to a secondary level, what you call the secondary solidarity, to a point of shutting down the oil sector. I think that we seek it to protect a particular set of workers you do not, then risk the job of several other workers. Now, how you draw the balance message? “

It’s God’s given right – Oshiomhole takes position on Dangote refinery, PENGASSAN disputes

Atiku meets head of 2023 EU-Election observation Mission, other high-powered delegates

The former Nigerian Vice President, Atiku Abubakar has confirmed a meeting with a high-powered European Union delegation led by Barry Andrews, a member of the European Parliament. Barry Andrews was the head of the EU- Election Observation Mission to Nigeria in the 2023 general elections. Atiku in a post on his Facebook page on Friday
Atiku meets head of 2023 EU-Election observation Mission, other high-powered delegates

The former Nigerian Vice President, Atiku Abubakar has confirmed a meeting with a high-powered European Union delegation led by Barry Andrews, a member of the European Parliament.

Barry Andrews was the head of the EU- Election Observation Mission to Nigeria in the 2023 general elections.

Atiku in a post on his Facebook page on Friday said the meeting was part of an engagement regarding the future of Nigerian elections.

According to Atiku, the visit was a follow-up mission to see the level of implementation of a set of recommendations made by the team following the 2023 General elections.

He said expectations “are high that the Independent National Electoral Commission will urgently work with the National Assembly to give citizens election laws that guarantee transparent and credible elections, where every vote counts”.

“It is worrisome that two years down the line, we are yet to see indications that INEC is committed to an improved electoral process.

“Meanwhile, we shall continue to support efforts by CSOs, local and foreign Election Observations Missions (EOMs), including the EU-EOM, that will lead to genuine electoral reforms ahead of the 2027 General elections.

“We believe that only through credible elections shall we safeguard our democracy and recruit leaders that will ensure unity and economic prosperity of Nigeria”, Atiku said.

Atiku meets head of 2023 EU-Election observation Mission, other high-powered delegates

Relocate now – NSEMA tells Niger communities as hydroelectric dams begin water release

The Niger State Emergency Management Agency (NSEMA) has issued a fresh warning to riverine communities across the state to urgently relocate to higher grounds, following notification from four major hydroelectric dams that they will soon begin releasing excess water. The dams which include; Shiroro, Jebba, Kainji, and Zungeru are discharging thousands of gallons of water
Relocate now – NSEMA tells Niger communities as hydroelectric dams begin water release

The Niger State Emergency Management Agency (NSEMA) has issued a fresh warning to riverine communities across the state to urgently relocate to higher grounds, following notification from four major hydroelectric dams that they will soon begin releasing excess water.

The dams which include; Shiroro, Jebba, Kainji, and Zungeru are discharging thousands of gallons of water per minute to prevent overflow, a move that could trigger severe flooding along the Rivers Niger and Kaduna.

In a statement released in Minna on Thursday, NSEMA’s Director General Abdullahi Arah, described the development as a “catastrophic risk” for downstream communities, urging residents to limit activities around riverbanks during the peak of the rainy season.

“The Nigerian Hydrological Services has advised that people in flood-prone areas relocate to safer grounds immediately. Already, we are seeing houses, farmlands, bridges, and key roads washed away in some local government areas,” Arah emphasized.

He urged residents to avoid taking cover under trees as NiMet had also predicted violent windstorms towards the end of the rainy season. “People should avoid standing under trees during rainfall and keep away from substandard structures that could collapse in strong winds,” he cautioned.

According to NSEMA, at least 20 local government areas have already been affected by flooding, including Lavun, Magama, Rafi, Kontagora, Gbako, Mokwa, Lapai, Katcha, Agaie, Suleja, Shiroro, Mashegu, Agwara, Bida, Edati, Munya, Bosso, Chanchaga, Paikoro, and Wushishi.

According to NSEMA, communities living close to rivers, streams, and low-lying areas downstream of the dams are most at risk. However, the agency assured it has already identified safer grounds for relocation and is working with relevant authorities to provide temporary shelter.

Relocate now – NSEMA tells Niger communities as hydroelectric dams begin water release

HSRC-Ghana commends Mahama’s anti-galamsey dialogue

…But warns against heavy-handed tactics The Human Security Research Centre, Ghana (HSRC-Ghana), has applauded President John Dramani Mahama’s decision to initiate a high-level dialogue with civil society organisations (CSOs) on the urgent issue of illegal mining, commonly known as galamsey. While urging decisive measures, HSRC-Ghana, however, warned the President against declaring a State of Emergency in communities affected by galamsey, stating that such a step could have unintended consequences for vulnerable citizens, including displacement and disruption…

Why NPP and Jubilee House rejected Mussa Dankwah’s money-driven polls

The Executive Director of Global Info Analytics, Mussa Dankwah, has fired back at critics within the governing National Democratic Congress (NDC) who have accused his company of fueling succession debates and distracting government appointees from their mandate. He defended his outfit’s credibility and independence, following criticisms from sections of the NDC over the release of polls on the party’s internal succession race. In a social media interaction, Mr Dankwah, dismissed claims that the firm’s surveys are…

Teachers must protect, not prey on students

A disturbing pattern is emerging in our Senior High schools: teachers and heads, entrusted to act as guardians of students, are instead exploiting them. The latest case is a viral video, showing the Assistant Headmaster of KNUST Senior High School, Charles Kwasi Aidoo, fondling a female student in his office. While, many incidents of sexual harassments in our schools never make it to the media, this one has rightly provoked national debate and it must be…

Business & Economy

NGF, federal stakeholders, Woodhall Capital explore funding frameworks for state-led infrastructure – Organisers