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Less than 4 % of adult Nigerians participate in capital market, but 60m spend $5.5m daily on gambling, says SEC

The Securities and Exchange Commission (SEC) has sounded the alarm: fewer than three million Nigerians—roughly four per cent of the adult population—are active investors...

Peter Obi calls for port decentralisation, says it’s key to Nigeria’s economic growth

The Labour Party’s 2023 presidential candidate, Peter Obi, has renewed calls for the decentralisation of Nigeria’s seaports, arguing that concentrating port infrastructure in Lagos...

PenCom’s finance boss in hot water over allegedly holding two federal offices and missing accounts

It was supposed to be a routine screening at the National Assembly — a quick tick-box affair for the reappointment of members to the...

Federal government should accept informed counsel to properly address Nigeria’s socio-economic hurdles

By Monday Philips Ekpe Global financial organisations, particularly the International Monetary Fund (IMF) and World Bank (WB), have been kind to the government of President...

N29 trillion down the drain? Lawmakers blow the lid off Nigeria’s refinery scandal

Except it turns out to be another political jamboree or playing to the gallery, federal lawmakers in the House of Representatives have launched an...

Nigeria at 65: Obi, Kalu disagree with Tinubu’s claims, warn of decline, urge reforms

As Nigeria marks its 65th Independence Anniversary, two prominent voices — former Labour Party presidential candidate Mr. Peter Obi and renowned economist and former...

Breather: PENGASSAN calls off strike as Dangote Group agrees to reabsorbs sacked staff elsewhere

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has officially suspended its strike action after the Federal Government successfully brokered a...

PENGASSAN insists on reinstatement of over 800 Dangote workers after deadlocked meeting with FG

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is standing firm on its demand for the reinstatement of more than 800...

Court blocks PENGASSAN strike, halting threat to Dangote Refinery’s operations

In a significant legal move, the National Industrial Court in Abuja has issued a restraining order preventing the Petroleum and Natural Gas Senior Staff...

Tensions escalate: PENGASSAN orders shutdown of gas and crude supply to Dangote Refinery

In a major escalation of its ongoing dispute with the Dangote Petroleum Refinery, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN)...

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