Author: Chief Editor

• N8,000 monthly to 12 million Nigerians laughable, economic waste – Organised labour• Tinubu’s palliative of N53 per day an avenue to divert public funds, says Atiku• President’s N70b allocation to National Assembly not palliative, says Kalu• Okon: Nigeria’s data deficit will deny key beneficiaries the cash transfer• TUC: Move will not create impact on citizens, economy Organised labour, yesterday, described as laughable and economic waste, the plans by the Federal Government to transfer N8,000 to 12 million poor households in the country for six months. In separate requests to the two chambers of the National Assembly, President Bola Tinubu…

Major political parties in Imo State are battling internal crises, with uncertainties as November 11 governorship election draws nearer.Part of the hurdles appearing in the way of political parties and candidates of the All Progressives Congress (APC); the Peoples Democratic Party (PDP), and the Labour Party (LP) in the November 11 governorship election in Imo State, include the insecurity ravaging the state, crisis within the parties, as well as challenges surrounding political campaigns. So far, all the political parties interested in the election have concluded their primaries and have continued to advance their engagements to deepen their acceptance and shore…

•Country’s export revenue at level Malaysia was in 1990 Reeling out data from across the world on how export has changed the fate of economies, President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, urged Nigeria to dump the layback economic models and survival mode while joining the Asian countries to compete for the huge export market. In his tradition, the former Nigeria’s minister of agriculture, yesterday in Lagos, spoke excitedly about the huge potential of the economy but warned that the import substitution policy option would continue to mask the opportunities to transform the country to the real…

Real Madrid finished second in La Liga last season, ten points behind champions Barcelona. Carlo Ancelotti’s team were also knocked out of the UEFA Champions League in the semifinals by eventual winners Manchester City. Meanwhile, Los Blancos have suffered a blow in their plans to sign Tottenham Hotspur striker Harry Kane. Elsewhere, midfielder Aurelien Tchouameni is firmly in the club’s plans for the upcoming season. On that note, here’s a look at the key Real Madrid transfer stories as on July 13, 2023: Real Madrid suffer Harry Kane setback Real Madrid have suffered a blow in their quest to sign Harry Kane.…

Liverpool are set to receive an offer worth £40 million for Fabinho from Saudi Pro League giants Al Ittihad, according to The Athletic. Al Ittihad have stepped up their interest in Fabinho after signing Karim Benzema, N’Golo Kante and Jota. They are tipped to approach the Reds with a formal offer worth £40 million for the defensive midfielder shortly. A decision regarding the matter is expected to be taken quickly, as per the report. It remains to be seen if Liverpool will allow their first-choice defensive midfielder to leave without a replacement. According to the aforementioned source, Southampton’s Romeo Lavia is among…

Paris Saint-Germain (PSG) have allegedly lodged a €110 million bid to sign Napoli ace Victor Osimhen as a replacement for Kylian Mbappe. The Parisians are currently preparing for life after Mbappe as the 2018 FIFA World Cup winner claimed last month that he will not extend his deal beyond 2024. They are keeping tabs on a host of attackers now According to Fichajes, PSG have identified Osimhen as a top choice to replace the French superstar this summer. The club’s top brass are impressed with the ex-Lille man’s physical prowess and scoring ability. Luis Enrique’s side have reportedly made a €110 million to…

Digital Currency Coalition (DCC), the largest coalition of crypto asset practitioners and founders in the African digital currency space, has said digital currencies can serve as catalysts for job creation, innovation, and sustainable development. The coalition therefore called on Nigerians to embrace and leverage the opportunities presented by digital currencies and blockchain technology, to further advance the country’s digital transformation agenda. The coalition, in a statement jointly signed by its members comprising the CEO of Tradefada, Seun Dania; CEO and Co-founder of Quidax, Buchi Okoro; CEO and Co-founder of Nestcoin, Yele Bademosi and PMO, Digital Currency Coalition, Geoffrey Nwokolo, said:…

Serial Entrepreneur and Chairman of Globacom Group, Dr. Mike Adenuga Jnr. will be conferred with the Africa Telecoms Hero Award at the 2023 Titans of Tech Africa Awards scheduled to hold next week at Oriental Hotel, Lagos. Lead Partner, Tech TV Global Network, Don Pedro Aganbi, organisers of the Titans of Tech Africa Awards, disclosed this in a recent statement. Aganbi explained that the Titans of Tech Africa Awards popularly called Nigeria’s Tech Industry Grammy, is designed to celebrate the profound Insights, stamina, optimism and triumph of Hi-tech most important movers and pioneers, innovators, big thinkers, digital creatives, men, women,…

The Nigeria Labour Congress (NLC) kicked against the N500bn palliative proposed by President Bola Ahmed Tinubu, saying it will not be enough to ease the hardships faced by workers due to the fuel subsidy removal. National treasurer of the NLC, Hakeem Ambali, demanded a 300 percent salary increase to enable workers to cope with the harsh economic realities. “We have over 125m Nigerians that are technically poor. To what extent can this cushion the effects of this economic hardship?” Ambali said. Ambali suggested a minimum wage review of 300 percent to all workers; granting licenses to individuals for modular refineries…

An Abuja High Court sitting in Maitama is set to rule on the lawsuit filed by Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), challenging his arrest and detention by the Department of State Services (DSS). Emefiele was arrested by the DSS following his suspension by President Bola Tinubu and the subsequent initiation of a probe into the Central Bank of Nigeria (CBN). Emefiele alleges a violation of his human rights in the suit, which was filed before the Federal Capital Territory High Court in Abuja through his counsel, Joseph Daudu (SAN). The respondents in the…