The Department of State Services, DSS, has urged organised labour to shelve its planned protests against the prevailing economic situation in the country. The organised labour, on Monday, began mobilising its members for a nationwide protest slated for February 27 and 28 over the cost of living crisis in the country. …

SIFAX Group, one of the major sponsors of the Nigerian Football Supporters Club (NFSC) to the recently-concluded African Cup of Nations (AFCON) tournament in Cote d’ Ivoire, has said the desire to see the country lift the continental trophy for the fourth time and forging unity across the country was …

The immediate-past Central Bank of Nigeria Governor, Godwin Emefiele, has vowed to sue the Senate President, Godswill Akpabio, for alleged defamation. The Senate president had at Senator Barinada Mpigi’s thanksgiving service in Koroma, Tai Local Government Area, Rivers State on February 18, stated that President Bola Tinubu’s administration did not …

 The Senate   There was a mild drama on Tuesday as the Senate resolved to revisit the N30 trillion Ways and Means it approved for the Federal Government under former President Muhammadu Buhari, the details of which it said were never provided for scrutiny. Specifically, the Red Chamber alleged that …

In the wake of the current high level of hardship in the country, the Nigeria Customs Service, NCS, has disclosed plans to distribute seized food items to Nigerians. The Comptroller-General of Customs, Bashir Adewale Adeniyi, said the food items will be distributed after they have been certified fit for consumption. In a …

L-R: Aliko Dangote, Founder, Dangote Cement; Abdulsamad Rabiu, Chairman of BUA Cement and Mr. Adebode Adefioye, Chairman Lafarge Africa Plc The Minister of Housing and Urban Development, Ahmed Dangiwa, has warned cement manufacturers against taking undue advantage of the country’s current economic woes to increase the price of cement. The …

…Says 45 trucks of maize intercepted Sunday night Vice President Kashim Shettima on Tuesday revealed that the federal government has uncovered 32 routes used to smuggle food out of Nigeria. The revelation came as the government battles smugglers and hoarders to provide more food for Nigerians hit by high food prices. …

PZ Cussons/Business Post Nigeria Hit by a negative net assets position of N23.2bn, PZ Cussons Nigeria Plc said it is under pressure to settle its debt to the core investor, PZ Cussons Group, suppliers and other providers of credit and it may consider selling its assets if minority shareholders frustrate its proposed …

At the official market, the naira recorded a marginal gain closing at N1,551.24 as against the earlier N1,574.62, according to the Nigerian Autonomous Foreign Exchange Market (NAFEM). Nigeria’s economic situation continues to worsen as its legal tender, naira tumbled at the parallel market in spite of the clampdown the federal …

Adebayo Adelabu, minister of power, has said political will and funding are critical to solving the persistent challenges facing Nigeria’s electricity supply. Adelabu said this during a late-night interview on Channels TV on Monday. “If anybody tells you that you’ll have 24/7 uninterrupted light in the next six months or …