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Rhoda Onuzulike

Business

Investors Lose N130bn As Equity Market Reverses Gains

Equity investors lost N130bn as the Nigerian Exchange reversed the previous day’s gain on Thursday. The All Share Index declined by 0.23 per cent to...

Rhoda Onuzulike -

Business

UK’s Train Drivers Accept Pay Deal to End Strike

Train drivers have accepted a pay deal that will see the end of more than two years of strike action in England, Scotland and...

Rhoda Onuzulike -

Business

U.S Federal Reserve Slashes Interest Rates By 0.5%

On Wednesday, the U.S. Federal Reserve implemented a 0.5% cut to its interest rates, marking the start of what many analysts anticipate will be...

Rhoda Onuzulike -

Business

FG Unveils $100bn Plan to Transform Creative Economy

The Federal Government has introduced an ambitious $100 billion plan to invigorate Nigeria’s creative economy, with a goal of generating over two million jobs...

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FG Allocates ₦45.2 Billion in 2025 Budget for Prison Upgrades

The Federal Government has proposed a budget of ₦45.2 billion for the improvement of Nigerian correctional facilities and the welfare of inmates in 2025. A significant portion of this budget—₦38 billion—is allocated to feeding inmates across custodial centers. Additionally, ₦7.2 billion has been set aside for upgrading correctional...

New Police Commissioners Appointed for Ondo, Ekiti, Rivers

The Police Service Commission (PSC) has announced the appointment and redeployment of six Commissioners of Police to various state commands across Nigeria. This follows the recent promotions in the Nigeria Police Force approved by the commission last week. In a statement released on Tuesday by the PSC spokesperson,...

LPDC Rejects Petition to Disbar Dele Farotimi

The Legal Practitioners Disciplinary Committee (LPDC) has dismissed the request from Chief Afe Babalola’s (SAN) law firm, Emmanuel Chambers, to revoke the practicing license of lawyer and author Tomilola Farotimi, also known as Dele Farotimi. The petition, which accused Farotimi of criminal defamation and professional misconduct, was...