NEWS
”$1 Can Buy A Meal In Nigeria, Unlike In US” – Tinubu’s Aide
President Bola Tinubu's special adviser on economic affairs, Dr. Tope Fasua, has defended the value of the local currency, stating that $1, or more than N1,500, can still purchase a meal in Nigeria. Fasua, who spoke on the Mic On Podcast hosted by Seun Okinbaloye on Saturday, also addressed how poverty is measured globally, saying many Nigerians misunderstand what is...
NHIA Orders HMOs To Approve Treatment Within One Hour
The National Health Insurance Authority has implemented a new directive aimed at reducing delays in accessing healthcare services and enhancing patient care. It said the authorisation of care and issuance of authorisation codes by Health Management Organisations shall no longer exceed one hour from the time of requests by providers and healthcare facilities are to promptly submit requests for authorisation...
20 Governors Under Fire For Delaying N70k Minimum Wage
Alhaji Haruna Kankara, the national president of the Nigeria Union of Local Government Employees, stated on Sunday that roughly 20 states have not yet enacted the new minimum wage of N70,000 for primary school teachers and local government employees. The states include Yobe, Gombe, Zamfara, Kaduna, Imo, Ebonyi, Cross River, Federal Capital Territory, Abuja, Borno and 11 others. The NULGE leader...
Nigeria’s Debt Servicing Rises 68% To N13tn
Nigeria spent a total of N13.12tn on debt servicing in 2024, representing a 68 per cent increase from the N7.8tn recorded in the previous year, according to an analysis of fresh data from the Debt Management Office. The PUNCH observed that the debt servicing costs recorded in 2024 surpassed the budgeted allocation of N12.3 tn for the year. The higher-than-expected expenditure...
Abure Fears NLC Takeover Of Labour Party’s HQ
Julius Abure's leadership invited a group of police officers and private contractors to set up surveillance at the entrance of the Labour Party's Abuja headquarters on Sunday after learning of a planned invasion. Our correspondent saw two police vans parked strategically at opposite sides of the LP secretariat, while about eight policemen stood about. When contacted, the National Publicity Secretary of...
”Why Trump Tariff Is Bad For Nigerian Exports” – FG
Nigeria's Federal Government has admitted that the new tariffs imposed by US President Donald Trump on Nigerian exports will have a negative impact on a number of the country's oil and non-oil exports. This tariff, which is expected to disrupt trade relations, could potentially weaken the competitiveness of Nigerian products in the U.S. market. The Minister of Industry, Trade and Investment,...
”Petrol Can Drop Below N400/Litre” — Refiners
The Crude Oil Refinery Owners Association of Nigeria has stated that, given the current collapse in crude oil prices, the price of petrol could fall below N400 per litre. CORAN argued that there is no reason petrol should not be sold at NN350 per litre if crude prices eventually fall to $50 per barrel. However, CORAN said petrol prices will continue...
Police Commands Brace For Fresh Nationwide Protest
The police authorities have placed their men on red alert ahead of a fresh nationwide protest slated for Monday (today) by the Take-It-Back Movement and other civil society groups. The Nigeria Police Force said it had deployed its personnel in strategic locations while warning the protesters to shelve the planned demonstration, which was meant to protest the worsening hardship in...
”Imagine If I Had Done Any Of These” – Obama Slams Trump Over Media Crackdown
Former US President Barack Obama has criticised the Trump administration for targeting political opponents, stifling the media, and endangering organisations that support free speech and diversity. Obama made the remarks during a conversation with Hamilton College President Steven Tepper, where he expressed concern over what he described as troubling trends under Trump’s leadership. He particularly faulted the White House’s decision to...
Gov Otti Orders Manhunt For Killers Of Chinese Miners, Police Officer
The governor of Abia State, Alex Otti, has instructed the state's security forces to find and apprehend the gunmen who murdered a police officer and two Chinese miners in Uturu, Isuikwuato Local Government Area. The victims were ambushed on Friday while en route to a mining site in the Agukwu-Amaya, Ndundu Community. Otti, in a statement issued on Sunday by his...
