Economy

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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Breaking: Labour pulls out of minimum wage negotiations

Organised Labour has pulled out of the ongoing minimum wage negotiations after the government and the organized private sector, OPS, made what labour described as “ridiculous offers” of N48, 000 and N54,…

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Police probe E-Money over N1.2bn dispute with Lagos firm

The Chief Executive Officer, Emy Cargo and Shipping Services Limited, Emeka Okonkwo, aka E-Money is under investigation at the Force Criminal Investigation Department Annex, Alagbon, over alleged N1, 209,200,000 dispute…

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FG plans fresh audit of N2.7tn subsidy debt

The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audit firm, KPMG had conducted an…

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Nigeria Air: Sirika, daughter charged with N2.7bn fraud

Barring any last-minute change, the Economic and Financial Crimes Commission will today (Thursday) arraign the immediate-past Minister of Aviation, Hadi Sirika,  for an alleged N2.7bn fraud in connection with the…

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Reps knock Binance over bribery allegation

The Federal Government has described as blackmail, the allegation by the cryptocurrency exchange giant, Binance, that some officials demanded a $150m bribe to settle the criminal charge filed against the…

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