Economy

Aug
26
2024
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By Ahmed Ture
Catholic Bishops Urge President Tinubu to Rethink Economic Policies Amidst Worsening Hardship

Catholic Bishops Urge President Tinubu to Rethink Economic Policies Amidst Worsening Hardship

Breaking, Economy, Nigeria, Opinion, Politics, ,
The President of the Catholic Bishops Conference of Nigeria (CBCN), Most Rev. Lucius Iwejuru Ugorji, has appealed to President Bola Tinubu to reassess his economic policies, citing the escalating hardship faced by Nigerians. Speaking at the 2024 Second Plenary Assembly of the CBCN in Auchi, Edo State, Ugorji emphasized that the current economic policies have caused more harm than good. Ugorji, also the Archbishop of Owerri, acknowledged that the socio-economic challenges facing the nation cannot be resolved by economic reforms alone. He advocated for a return to a regional system of government to combat corruption and address the nation's problems.…
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Aug
23
2024
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By Ahmed Ture
Bolt Takes Action to End ‘Taxi-War’ Between Nigeria and South Africa

Bolt Takes Action to End ‘Taxi-War’ Between Nigeria and South Africa

Africa, Breaking, Economy
Online taxi firm Bolt has restricted inter-country ride requests between Nigeria and South Africa due to a social media prank war between the two nations. The prank involved booking and canceling rides in the other country, wasting drivers' time, fuel, and money. Bolt identified and blocked users participating in this malicious game, which affected drivers in both countries. The company understands the impact on its driver-partners and has taken measures to prevent further disruptions. The prank war is believed to have started on social media, with users in both countries engaging in a long-standing tradition of trolling each other. However,…
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Aug
14
2024
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By Ahmed Ture
President Tinubu’s Wife Reaffirms Husband’s Deep Love For Nigerians

President Tinubu’s Wife Reaffirms Husband’s Deep Love For Nigerians

Breaking, Economy, Nigeria, Opinion, Politics
Nigeria's First Lady, Oluremi Tinubu, has reiterated her husband's dedication to the nation's well-being, despite the current economic difficulties. During a recent courtesy visit to Oba Rilwan Akiolu of Lagos, she conveyed President Bola Ahmed Tinubu's promise to tackle the country's challenges head-on. In a statement released by her Media Aide, Busola Kukoyi, the First Lady expressed her husband's love for Nigeria and its citizens, assuring that he will work tirelessly to address their concerns. Oba Akiolu, in his remarks, called for patience and prayer, emphasizing that "everything good needs prayers." This reassurance comes as Nigerians face significant economic challenges,…
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Jul
29
2024
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By Abdulrahman
#EndBadGovernance Protesters Take to the Streets, Block Major Abuja Highway

#EndBadGovernance Protesters Take to the Streets, Block Major Abuja Highway

Breaking, Economy, Nigeria, Politics, ,
In a bold move, protesters affiliated with the #EndBadGovernance movement have blocked Kaduna Road, a critical highway connecting Kaduna to Abuja, according to Premium Times. This demonstration comes just three days before the scheduled 10-day nationwide protest, which aims to address Nigeria's economic challenges. The protesters, armed with placards bearing powerful messages such as "We Are Not Slaves," "Enough is Enough," and "Hardship Is Unbearable," expressed their discontent with the current state of affairs. They chanted anti-government slogans, indicating their unwillingness to wait for the planned protest on Thursday. The organizers of the nationwide protests are demanding improvements in the…
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Jul
22
2024
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By Abdulrahman
Revisiting 134% Increase In Minimum Wage (70k): Ajaero, Osifo, Organized Labour Living And Leaving To Fight Another Day.

Revisiting 134% Increase In Minimum Wage (70k): Ajaero, Osifo, Organized Labour Living And Leaving To Fight Another Day.

Breaking, Economy, Nigeria, Opinion, Politics
I am compelled to do this incisive effort which is apparently targeted at putting the records straight ditto the decision of Organized Labour to settle for a 134% increase in Minimum Wage thus taking the minimum wage from 30k to 70k rather than insisting on the 250k which was the position until the last meeting Organized Labour had with Mr. President and his Team. There is a preponderance of angry opinions out there seeking to lampoon and vilify the position of Organized Labour, some have said that Labour sold out, others have argued that 70k is not good enough, and…
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