Economy

CBN NEW INTEREST RATE:NACCIMA, others kick over hike in interest rate to 26.75%

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, NACCIMA, Nigeria Employers’ Consultative Association, NECA, and other investment analysts have faulted The Central Bank of Nigeria’s decision to hike…

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Breaking: Senate passes Minimum Wage Bill from N30,000 to N70,000

THE Senate has passed a bill that seeks to amend the National Minimum Wage Act, 2019, to increase the National Minimum Wage from N30,000  upward to the sum of N70,000….

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BREAKING: Senior Custom Officer slumps, dies during investigative hearing in Reps

A Senior Customs officer while responding to questions at the Public Account Committee of the House of Representatives has slumped and died. The incident which took place during the engagement,…

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GPP launches innovative Ecoline web printing machine, pledges to curb capital flight

Global Plus Publishing (GPP) a leading printing company in Nigeria has declared its readiness to address capital flight with its latest technological acquisition, the Ecoline Manugraph Web Printing Machine. Pastor…

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Oil mafia tried to stop our refinery, says Dangote

The founder of Dangote Group, Aliko Dangote, has revealed that both local and international criminal organisations, which he described as “mafia”, made repeated attempts to sabotage his $19bn refinery project…

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Tinubu Gives Finance Minister 48 Hours To Present New Minimum Wage Template

President Bola Tinubu has directed the Minister of Finance, Wale Edun, to come up with the cost Implications on the new minimum wage within two days. Minister of Information and…

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BREAKING: Organised Labour Suspends Nationwide Strike

THE Organised Labour, comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), has suspended the strike embarked upon over a new minimum wage and hike in electricity…

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Suspended police chief, Abba Kyari released after 27 months in detention

A suspended Deputy Commissioner of Police, Abba Kyari, has been released from the Kuje Custodial Centre in the Federal Capital Territory after spending 27 months in detention. Kyari was detained…

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EFCC begins investigation on alleged N2.5bn fraud against Kwankwaso

The Economic and Financial Crime Commission (EFCC) has commenced investigation on the misappropriation of New Nigeria People’s Party (NNPP) campaign fund for 2023 elections and failure of the Kwankwaso’s led…

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New minimum wage:Labour set begin nationwide strike Monday.

There are strong indications that Organised Labour may begin a nationwide strike from Monday, June 3, over a new minimum wage. This is as the tripartite committee on a new…

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