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Monthly Archives: December 2022

How Addiction To Sports Betting Ruins Finances, Devastates Lives

How Addiction To Sports Betting Ruins Finances, Devastates Lives

As many Nigerians resort to sports betting and other forms of betting to improve their financial status, the addiction that results from gambling further plunges them into the depth of devastation, loss, and poverty, VICTOR AYENI writes A Lagos-based businessman, ...

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Low Revenue Threatening Health Spending – World Bank

Low Revenue Threatening Health Spending – World Bank

The World Bank has said Nigeria’s low level of revenue threatens fiscal sustainability and undermines the Federal and State Governments’ ability to finance necessary expenditures in the health, education, and security sectors. This is according to the Nigeria Country Economic ...

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Lagos Promises Gender Equality, Social Justice

Lagos Promises Gender Equality, Social Justice

The Lagos State Government has said there is a need for collaboration with stakeholders such as security agents and community leaders to create safe spaces for vulnerable women across the state. According to a statement on Monday, the state Commissioner ...

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Nigeria Missed 2022 Poverty Reduction Target – W’Bank

Nigeria Missed 2022 Poverty Reduction Target – W’Bank

The World Bank Group has said that the estimated per capita income growth of 0.7 per cent for Nigeria and the rest of Sub-Saharan Africa in 2022 is insufficient to meet the challenging goals of poverty reduction and shared prosperity ...

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NAPTIP Rescues 1,660 Trafficked Persons, Activist Lauds Agency

NAPTIP Rescues 1,660 Trafficked Persons, Activist Lauds Agency

Data obtained from the National Agency for the Prohibition of Trafficking in Persons revealed that the agency rescued no fewer than 1,660 trafficked persons during the year. While the agency solely rescued 190 Nigerians from 13 countries across the world, ...

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CBN Spends N800bn On Currency Production, Destruction

CBN Spends N800bn On Currency Production, Destruction

The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has said the amount spent on maintaining the naira has increased by N10bn annually. Ahmad, who revealed this on Friday  during  her appearance before the House of Representatives ...

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Unpaid Salaries: Varsity Lecturers, Zamfara Workers, Abia Doctors Celebrate Christmas In Anguish

Unpaid Salaries: Varsity Lecturers, Zamfara Workers, Abia Doctors Celebrate Christmas In Anguish

In the light of the continued rise in the prices of goods, transport fares and skyrocketing inflation, federal university lecturers have lamented that the refusal of the Federal Government to pay their seven and a half months outstanding salaries and the ...

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Christmas Message: Vote For Who Will Sustain My Legacy, President Muhammadu Buhari Urges Nigerians

Christmas Message: Vote For Who Will Sustain My Legacy, President Muhammadu Buhari Urges Nigerians

As Nigerians join other Christian faithful globally to celebrate this year’s Christmas, President Muhammadu Buhari has implored the citizens to vote for a candidate that would sustain his legacy by maintaining the momentum his administration has created for the greater ...

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Public, Private Sector Collaboration Critical To Blue Economy – NIMASA

Public, Private Sector Collaboration Critical To Blue Economy – NIMASA

The director general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has disclosed that collaboration amongst all organs of government in Nigeria and the Organised Private Sector (OPS), will accelerate harnessing the Blue Economy in Nigeria ...

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Pollution: Shell Accepts To Pay €15m Compensation To Nigerian Communities

Pollution: Shell Accepts To Pay €15m Compensation To Nigerian Communities

Oil giant Shell will pay 15 million euros ($15.9 million) to communities in Nigeria that were affected by multiple oil pipeline leaks in the Niger Delta, the oil company on Friday said in a joint statement with the Dutch division ...

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