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…
Gas Flare Commercialisation Programme Faces Delays as 22 Awardees Struggle to Develop Sites
By GLEBM News Desk Nigeria’s effort to commercialise gas currently being flared is facing implementation challenges, with about 22 of the 42 companies awarded access to flare-gas resources yet to make significant progress on developing their projects. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed the development as the Federal Government renewed…
Businesses Cite Taxation, Insecurity and High Interest Rates as Biggest Constraints
By GLEBM News Desk Multiple taxation, insecurity and high interest rates emerged as the leading constraints confronting Nigerian businesses in September, even as overall private-sector confidence remained positive, according to the latest Central Bank of Nigeria Business Expectations Survey. The survey put Nigeria’s Business Confidence Index at 13.4 points in September, indicating that businesses remained…
LASU Non-Teaching Staff Begin Indefinite Strike Over Unimplemented Agreement
By GLEBM News Desk Non-teaching staff at Lagos State University have commenced an indefinite strike over the alleged failure of the Lagos State Government to implement provisions of an agreement covering allowances and other employment conditions. The Senior Staff Association of Nigerian Universities approved the industrial action for its LASU branch after the expiration of…
LCCI Calls for Lower Energy Costs as Businesses Seek More Competitive Operating Environment
By GLEBM News Desk The Lagos Chamber of Commerce and Industry has called for measures to limit the impact of global energy-price movements on Nigerian households and businesses, saying the next phase of economic reforms should focus on converting macroeconomic stability into stronger productivity and competitiveness. The chamber made the call in an Independence Day…
Coca-Cola System Supports 160,200 Jobs and $1bn Economic Value in Nigeria
By GLEBM News Desk The Coca-Cola system in Nigeria supported approximately 160,200 jobs and generated an estimated $1 billion in economic value in 2024, according to a socio-economic impact assessment conducted by global consultancy Steward Redqueen. The assessment examined the company’s wider economic footprint rather than only its direct workforce, taking into account employment and…
Independence at 66: Labour Raises Alarm Over Rising Cost of Living and Eroding Wages
By GLEBM News Desk The Nigeria Labour Congress has used Nigeria’s 66th Independence anniversary to raise fresh concerns over the worsening cost of living, declining purchasing power and the economic pressures confronting workers and households across the country. In an Independence Day statement signed by its President, Comrade Joe Ajaero, on September 30, 2026, the…
FG and ILO Review Youth Employment Plan With Greater Focus on Employers
By GLEBM News Desk The Federal Government and the International Labour Organization are reviewing Nigeria’s youth employment strategy with an emphasis on connecting skills development more directly to the needs of businesses and the availability of decent work. A two-day private-sector consultation held in Lagos focused on the challenges employers face in recruiting and retaining…
