Jumoke Salako

US Weighs Massive Bomb Strikes on Iran

US Weighs Massive Bomb Strikes on Iran

The United States military drew up contingency strike plans on Thursday, 15 October, to drop its largest non-nuclear bomb on Iranian energy installations and nuclear complexes if President Donald Trump chooses to break an exhausting battlefield deadlock. Pentagon planners weighed the deployment of the eleven-tonne GBU-43/B Massive Ordnance Air Blast device, famously dubbed the “Mother…

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World Bank Mobilises $5.79bn For Nigerian Jobs

World Bank, IMF Warn of Jobs Crisis

International Monetary Fund managing director Kristalina Georgieva and World Bank president Ajay Banga warned finance ministers in Bangkok on Monday, 12 October, that artificial intelligence will deepen the unemployment emergency across Nigeria and other developing nations unless governments build basic physical infrastructure and retrain their workforces. Cheap software easily replaces human workers. Speaking at their…

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Trump Eases Russia Sanctions for Emergency Diesel

Trump Eases Russia Sanctions for Emergency Diesel

United States President Donald Trump dismantled key Western energy sanctions on Moscow on Friday, 9 October, securing a multi-million-tonne Russian diesel agreement to halt runaway pump prices before the American midterm elections. The United States Treasury Department issued an emergency general licence through April 2027 that permits American and international buyers to purchase, transport, and…

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SSANU Threatens Action Over Unpaid Entitlements

FG Bows to Pressure, Releases Varsity Arrears

The federal government cleared eight months of withheld salary arrears for university workers on Wednesday, 7 October 2026, after campus labour unions threatened a nationwide strike. The Office of the Accountant-General of the Federation disbursed the long-delayed funds to federal institutions following intense pressure from the Senior Staff Association of Nigerian Universities and the Non-Academic…

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Olu Jacobs Laid to Rest

Olu Jacobs Laid to Rest in Lagos

Nigeria bid farewell to veteran actor Oludotun Baiyewu Jacobs in Lagos on Friday, 2 October 2026, closing the final chapter on one of African cinema’s most commanding screen figures. Family members, acting colleagues, and senior state officials gathered at This Present House in Lekki Phase 1 to honour the thespian, who died on 16 September…

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RMRDC Targets 1.2m Jobs Through Raw Materials

RMRDC Targets 1.2m Jobs Through Raw Materials

Nigeria will create 1.2 million manufacturing jobs by barring the outward shipment of unprocessed agricultural and mineral wealth, Raw Materials Research and Development Council Director-General Professor Nnanyelugo Martin Ike-Muonso announced in Abuja on Wednesday, 30 September 2026. The council is pushing lawmakers to pass the Raw Materials Research and Development Council Amendment Bill, which establishes…

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PenCom Aggressive Pension Funds Surpass 20% Yield

PenCom Commits N300bn to Infrastructure Development

Nigeria’s pension regulator is steering N300 bn of retirement savings into brick-and-mortar national infrastructure, betting that physical assets can outrun the country’s punishing currency depreciation. Speaking in Lagos on Sunday after a strategic meeting of the Pension Industry Leaders Council, National Pension Commission Director-General Omolola Oloworaran confirmed that fund administrators have already signed off on…

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