Government sending wrong signals to foreign investors over Dangote refinery – Energy Law prof

Following the altercation between the Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, and Africa’s richest man, Aliko Dangote, over allegations of substandard products from the Dangote refinery, Professor Dayo Ayoade, University of Lagos, speaks with BIODUN BUSARI on the government’s shortcomings in the energy and power sectors, among other issues What…

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I can’t settle for less despite tough economy — Toke

At a time when many are grappling with the harsh realities of the country’s economy, popular media personality, Toke Makinwa, stands firm in her resolve not to compromise her standards. In a recent Instagram post, Makinwa boldly declared that no matter the economic challenges, she would not suffer or settle for less. She said, “No…

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Uniform minimum wage may lead to job losses, SAN warns

A Senior Advocate of Nigeria, Yusuf Ali, has called for the autonomy of states in negotiating wages with their employees, aligning this with the principles of federalism. He stated this against the backdrop of the newly approved minimum wage of N70,000 by President Bola Tinubu which was also passed into law on Tuesday by the…

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Why banks’ profits rise amid forex crisis — Economists

As the Central Bank continues to initiate various economic policies to reduce the volatility plaguing the exchange rate market, economists have explained why commercial banks in Nigeria appear to be making profits while manufacturers count losses amid the prevailing forex crisis. Against the backdrop of foreign exchange revaluation gains arising from the depreciation of the…

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Behold Nollywood’s queens of YouTube

Video sharing platform, YouTube, is now a veritable way for actors and filmmakers to share their movies with fans. With this avenue, the filmmakers bypass conventional marketers and take their movies straight to the audience, while getting paid by the platform. In this first part of a series, TOFARATI IGE takes a look at female…

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Reps receive N400m for constituency projects — Minority Whip

The Minority Whip of the House of Representatives, Isa Ali, disclosed on Friday that members receive about N400 million to execute constituency projects through Zonal Intervention Projects and Special Intervention Projects. The lawmaker, who represents Billiri/Balanga Federal Constituency, made this disclosure while fielding questions during a town hall meeting organised to keep constituents informed of…

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Rivers LG chairmen distance selves from planned hunger protest

Members of the Association of Local Governments of Nigeria, Rivers State Chapter, have dissociated themselves from the planned protest against hunger billed to commence on August 1 across the country. Addressing a press conference in Port Harcourt, the state capital on Friday, the ALGON members, comprising chairmen of caretaker committees in the 23 local government…

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Avoid violence, Edo youth leader warns

The Speaker, Edo State Youth Parliament, Fawaz Muhammad on Friday urged the youths to embark on a violent free protest being planned for August 1-10. Muhammad made this known in Benin during the inauguration of the second assembly of the Edo State Youth Parliament at the state House of Assembly. While speaking on the proposed…

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