President Bola Tinubu has signed the minimum wage bill into law, ending months of deliberations between government authorities, labour unions, and the private sector. He signed it at the State House in Abuja on Monday, days after the National Assembly had passed the Minimum Wage Act, 2019, to increase the National Minimum Wage from ₦30,000 […]
Zenith Bank Plc is poised to raise N290 billion through a combination of a rights issue and a public offer, in alignment with the revised minimum capital requirements for Nigerian commercial banks introduced by the Central Bank of Nigeria (CBN). This announcement was made during the Zenith Bank rights issue/public offer signing ceremony held yesterday […]
The United States, United Kingdom, and Canada have issued security alerts to their citizens in Nigeria, warning of potential violence during the planned nationwide protests. This development follows the announcement of a nationwide protest against hunger and hardship, scheduled to commence on 1 August 2024. In separate travel advisories, the three countries advised their citizens […]
Amnesty International has warned that threatening protesters would undermine the legacy of President Bola Tinubu. Since the ‘End bad governance in Nigeria’ campaign started gaining traction on social media, many top government officials have advised against the demonstrations, arguing that the protest could be hijacked by hoodlums. They urged citizens to have faith in the […]
One of the leaders of the planned #EndBadGovernance protest against economic hardship scheduled for August asserts that Eagle Square in Abuja is public property, and the Minister of the Federal Capital Territory (FCT), Nyesom Wike, must allow “hungry Nigerian youths” to demonstrate their displeasure at the facility. Damilare Adenola, the Director of Mobilisation of Take […]
Nigeria has emerged as the country with the world’s 92nd most powerful passport, a decline from its 62nd position in 2006 but an improvement from the 97th position in 2023, according to the Henley Passport Index for 2024. The Henley Passport Index ranks all the world’s passports based on the number of destinations their holders […]
Prominent traditional rulers, clerics, and Ulamas have opposed the proposed hunger protests by Nigerians, citing the risk of them spiralling out of control. After meeting with the President at the State House in Abuja, Islamic leaders expressed their opposition to the demonstration. Traditional rulers, led by the Sultan of Sokoto, His Eminence Muhammad Sa’ad Abubakar […]
President Bola Tinubu has quelled concerns about potential manipulation by vested interests in the ongoing economic reforms, asserting that his campaign was self-financed and free from any obligations to individuals or institutions. Speaking on Thursday at the State House, where he received a delegation of Islamic leaders led by Sheikh Bala Lau, the President attributed […]
The International Telecommunication Union (ITU) has ranked Nigeria highly, at 71 percent, for its legal, policy, and governance frameworks towards achieving an advanced state of readiness for digital transformation, known as G5. Germany, Finland, and Singapore lead the global chart. The ITU, in collaboration with the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO), released […]
