Oil Workers Warn of Economic Collapse, Naira Crash if FG Sells JV Assets
By Chinedu Echianu The Nigerian economy could face imminent collapse and the naira may fall to as low as ₦5,000 to a dollar if the federal government goes ahead with plans to sell its stakes in joint venture oil partnerships, oil workers have warned. The alarm was raised Tuesday in Abuja by the Presidents of […]
Nigeria’s $7bn Climate Finance Gap Raises Calls for Transparency
By Julian Osamoto Nigeria is grappling with a widening climate finance gap, with experts warning that ineffective fund management and overreliance on loans are undermining the country’s ability to respond to growing climate vulnerabilities. Speaking at a media discourse on Climate Finance in Abuja, Hyeladzira Msheila, Acting CEO of Connected Development (CODE), alongside UNFCCC stakeholders, […]
Customs Bows to Finance Ministry, Suspends 4% FOB Levy Implementation
By Oluwakemi Kindness The Nigeria Customs Service (NCS) has suspended the implementation of the controversial 4% Free-on-Board (FOB) charge on imported goods, following a directive from the Federal Ministry of Finance. In a statement on Tuesday, the Service said it has commenced consultations with the ministry to explore alternative measures that will sustain its operations […]
NUPENG Accuses Dangote of Breaching Agreement, Threatens Fresh Strike
By Chinedu Echianu The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused the Dangote Group of reneging on agreements reached with the Federal Government over workers’ unionization rights, warning that it may resume its recently suspended nationwide strike. In a statement issued on Thursday and signed by its National President, Comrade Williams […]
Banking, Fintech Complaints Top as FCCPC Recovers ₦10bn
By Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that Nigerian consumers recovered more than ₦10 billion between March and August 2025. This comes as banking and fintech services emerged as the leading sources of consumer complaints. According to updated data released by the Commission on Thursday, banking accounted for 3,173 […]
ECOWAS Unveils Social Protection Framework and Operational Plan (2024–2028)
By: Chinedu Echianu The Economic Community of West African States (ECOWAS) has launched a Social Protection Framework and Operational Plan (2024–2028) aimed at expanding coverage and tackling poverty across the sub-region. Speaking at the launch, General Secretary of the Organisation of Trade Unions of West Africa (OTUWA), John Odah, said that with the exception of […]
ARCN Calls for Tighter Research Governance to Strengthen Agriculture
By Oluwakemi Kindness The Agricultural Research Council of Nigeria (ARCN) has emphasized the urgent need to strengthen research governance in Nigeria. This is as the Council called for investment in human and institutional capacity, and deepen collaboration across national, regional, and global levels to secure the future of agriculture in the country. The Executive Secretary […]
NUPENG Suspends Strike as Dangote Refinery Agrees to Workers’ Union Rights
By: Aremu Toyeebaht The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called off its threatened strike following an agreement with Dangote Refinery management to formally recognise workers’ rights to unionise. Following the Federal Government brokered peace between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote Refinery and Petrochemical […]
FG Brokers Peace Between NUPENG, Dangote as Union Suspends Strike
By Chinedu Echianu The Federal Government has successfully brokered peace between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote Refinery and Petrochemical Limited, leading to the suspension of the union’s strike. NUPENG had embarked on the industrial action on Monday, in protest against the refinery’s policy barring employees from unionising with […]
Speaker Abbas Pushes Africa–Asia Trade, Green Energy, Digital Ties
By Oluwakemi Kindness Speaker of the House of Representatives, Abbas Tajudeen, has called for stronger trade and investment frameworks between Africa and Asia, particularly in green energy and digital economies, to drive innovation and sustainable growth. Abbas made the call on Monday in Beirut, Lebanon, during the First General Meeting of the Asian–African Parliamentary Council, […]