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FG’s N70,000 transport allowance for workers could cost N465.7 billion as TUC rejects the deal

Nigeria’s 70,000 naira transport allowance could cost 465.7 billion naira over six months, and the Trade Union Congress says workers need a permanent raise instead.

Lagos residents, employers and workers must get health insurance by Dec. 31

Governor Babajide Sanwo-Olu says residents, employers and workers must get covered by Dec. 31 ahead of mandatory health insurance enforcement from Jan. 1, 2027.

Civil Society Groups Back Nigerian Bank Recapitalization Plans

Nigerian civil society groups support the government's plan to strengthen banks through recapitalization. The move aims to boost the economy by creating healthier banks that attract investors. However, concerns linger about potential resistance efforts, highlighting the need for transparency and collaboration.

Nigeria’s Telcos Invest N732bn in Network Expansion

Nigeria’s telecommunications sector is witnessing a surge of investment as operators seek to improve...

US Businesses Eye Nigeria’s Tech Sector, Despite Challenges

Nigeria’s tech sector has attracted the interest of American entrepreneurs and companies, who see...

NUPRC Sets Sights on Below $20/Barrel Production Cost in 2024 Amid Falling Oil Output

NUPRC's ambitious plan aims to lower Nigeria's oil production costs below $20 per barrel and revitalise the industry, targeting increased output.

How Enugu State Attracts Indonesian Investors

Nigeria and Indonesia are set to boost their trade and investment relations, as the...

Risevest Opens Doors to U.S. Property Investments for Nigerians

Risevest, a revolutionary investment platform, is empowering Nigerians to secure U.S. properties, fostering financial...

Nigeria Open for Investment, Says President Bola Tinubu to Foreign Investors

President Bola Tinubu announced that Nigeria has removed barriers to investment and is now...

Latest articles

FG’s N70,000 transport allowance for workers could cost N465.7 billion as TUC rejects the deal

Nigeria’s 70,000 naira transport allowance could cost 465.7 billion naira over six months, and the Trade Union Congress says workers need a permanent raise instead.

Lagos residents, employers and workers must get health insurance by Dec. 31

Governor Babajide Sanwo-Olu says residents, employers and workers must get covered by Dec. 31 ahead of mandatory health insurance enforcement from Jan. 1, 2027.

Bandits Abduct Over 10 Passengers Travelling to Abuja

KEY POINTS Bandits reportedly abducted over 10 passengers and a driver travelling from Kebbi...

Swiss Authorities Confirm Ebola Patient’s Safe Arrival

KEY POINTS Ebola patient and husband arrive safely in Switzerland for treatment and isolation. ...