Education Minister Assures Tertiary Unions of Full Implementation of 2026 Agreements
By GLEBM News Desk The Federal Government has pledged to fulfil its obligations under agreements reached with unions representing academic and non-academic staff in Nigeria’s tertiary institutions, as it seeks to restore confidence in collective bargaining and prevent further industrial disputes. Minister of Education Tunji Alausa gave the assurance in Abuja during the unveiling of…
Shell Moves to Sell Nigerian Domestic Gas Distribution Business to Vaaris Energy
By GLEBM News Desk Shell has agreed to sell its domestic gas distribution business in Nigeria to Vaaris Energy, a development that could reshape ownership and investment priorities in part of the country’s gas supply market. The proposed transaction marks another change in the structure of Shell’s Nigerian portfolio as the international energy company reviews…
Ogun Hospital Workers Begin 72-Hour Strike, Demand Stronger Security After Colleague’s Stabbing
By GLEBM News Desk Healthcare workers at the Federal Medical Centre in Abeokuta, Ogun State, have begun a 72-hour warning strike following the alleged stabbing of a medical laboratory scientist by a patient’s relative, intensifying concerns about the safety of frontline medical personnel. The industrial action was announced by a Joint Action Committee representing five…
World Bank Targets $5.79bn in Private Capital to Support Nigerian Investment and Jobs
By GLEBM News Desk The World Bank Group is seeking to mobilise up to $5.79 billion in private financing for Nigeria, with the investment programme projected to support the creation of approximately 850,000 jobs. The initiative reflects efforts to increase private-sector participation in Nigeria’s economic development, particularly as the country seeks to attract capital, expand…
World Bank Urges Nigeria to Put Job Creation at the Centre of AI and Investment Reforms
By GLEBM News Desk Nigeria has been urged to make employment generation a central objective of its technology and economic reforms as the World Bank and International Monetary Fund (IMF) warn that the rapid adoption of artificial intelligence could widen inequality and weaken opportunities for entry-level workers. The warning came as Nigeria’s delegation, led by…
Rising Diesel Costs Threaten Telecom Investment and Network Reliability in Nigeria
By GLEBM News Desk Nigeria’s telecommunications operators are facing renewed cost pressures following another increase in diesel prices, raising concerns that the expense of powering network infrastructure could constrain investment and affect service reliability. The latest increase by Dangote Refinery took its ex-depot diesel price from ₦1,700 to ₦1,800 per litre on October 10. Other…
NLC Gives Tinubu Government Two Weeks to Address Wage, Petrol Price and Health Sector Disputes
By GLEBM News Desk The Nigeria Labour Congress (NLC) has issued a two-week ultimatum to the Federal Government to begin renegotiating the national minimum wage, take steps to reduce petrol prices and implement outstanding agreements with public sector and health workers, warning that failure to meet its demands could trigger further action by the labour…
Only 22 of 290 Revitalised PHCs Found With Functional Ambulances
By GLEBM News Desk Only 22 out of 290 primary healthcare centres assessed across six Nigerian states were found to have functional ambulances, raising fresh concerns about the operational readiness of facilities listed as revitalised. The findings are contained in the 2026 PHC Operational Capability Report produced through the MyPHC project of Orodata Science and…
Dangote Refinery Restricts Petrol Sales to Fuel Importers Over Blending Dispute
By GLEBM News Desk The Dangote Petroleum Refinery has stopped selling petrol to major petroleum marketers that import fuel, escalating an ongoing dispute over the blending of locally refined petrol with imported products. An official of the refinery confirmed that the company would no longer supply petrol to marketers involved in importing petroleum products, saying…
Naira Strengthens as Nigeria’s External Reserves Climb to $54.9bn
By GLEBM News Desk The naira recorded a modest appreciation in September as improved foreign exchange liquidity and stronger oil receipts helped reinforce conditions in Nigeria’s currency market, while the country’s external reserves climbed to $54.9 billion. The naira closed September at approximately ₦1,329.16 to the dollar in the Nigerian Foreign Exchange Market, compared with…
