Over 60,000 Federal Universities Students Have Applied For Loan, Says NELFUND
Over 60,000 students from federal universities in Nigeria have applied for the student loan scheme since its launch, The Matrix has gathered. Read More
Ahead Of Deadline, Labour, FG, OPS To Resume Minimum Wage Negotiations Friday
With the deadline imposed by the organized labour for the conclusion of discussion on a new minimum wage lapsing tomorrow, the Tripartite Committee meeting on the new minimum wage will reconvene on Friday, May 31, 2024, as the Federal Government has extended an invitation to Organised Labour for the continuation of negotiations. Read More
Supreme Court Issues Seven Days Ultimatum To States To File Defence In LG Autonomy Suit
The Supreme Court of Nigeria has issued a seven-day ultimatum to the 36 State Governors to file their respective defence to a suit instituted against them by the Federal Government. Read More
Rivers Crisis: Court Stops 25 Pro-Wike Lawmakers From Parading As Lawmakers
A state high court in Port Harcourt has barred 25 members of the Rivers State House Of Assembly from parading themselves as lawmakers. Read More
Relief Impending As Tax Reform Committee Tasks FG To Peg Customs Import Duty Rate At N800/$1
Importers in the Nigerian business ecosystem might soon breathe a sigh of relief as the presidential committee on fiscal policy and tax reforms disclosed that it has proposed that the federal government peg an exchange rate of N800/$1 for customs import duty. Read More
Again, Two-Storey Building Collapses In Lagos Island, Many Trapped
A few weeks after a building collapsed in the Lagos Island area of Lagos State, another two-storey building collapsed in the Isale Eko area of Lagos State on Thursday. Read More
Manufacturer Of Huggies, Kimberly-Clark, Plans To Halt Production Three Years After Spending $100 Million In Nigeria.
Despite investing $100 million two years ago, Kimberly-Clark will shortly close its production site in Ikorodu, citing financial difficulties. Read More
After Launch, Davido’s New Cryptocurrency Token Lost 93% Of Its Value.
The popular Afrobeat artist from Nigeria, David Adeleke, often known as Davido, announced on Wednesday the creation of a memecoin, a cryptocurrency inspired by himself. Read More
Adekunle Gold: Timi Dakolo’s “Great Nation” Would Have Been Great National Anthem.
According to Nigerian musician Adekunle Gold, the song “Great Nation” by Timi Dakolo, his colleague, would have been a better national anthem than the one the nation eventually went back to. Read More
2023: Shell Nigeria, Partners gave $142 million to NDDC.
The Niger Delta Development Commission (NDDC) has received a total of $142 million from Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) as statutory contributions for 2023. Read More
