Business & Economy

Show Us Facts Why You Can’t Pay N615,000 Minimum Wage, Labour Tells FG

Organized Labour in Nigeria has firmly rejected any notion of accepting N100,000 as the new…

Organized Labour Advocating For Wider Minimum Wage Inclusion

In an effort to combat rising poverty levels across the country, Organised Labour is actively…

IMF Cautions Nigeria on Minimum Wage Impact, Suggests Supplementary Budget

To account for the proposed minimum wage increase, the Nigerian Government may be required to…

Export of Nigeria’s manufacturing goods declines to N778bn – Reports

A newly published report ‘Africa Pulse’ by the World Bank obtained by newsmen, said the…

Economy Shutdown looms as TUC Threatens FG over Cybersecurity Levy

The Trade Union Congress of Nigeria (TUC) has issued a stern warning of a potential…

Massive Contingency Withdrawals Hit Micro Pension Funds

Subscribers to the micro-pension scheme have begun to draw down on their contributions through contingency…

NECA Worries Over Persistent Fuel Shortages as Economic Woes Mount

As petrol scarcity lingers on with no end in sight, the nation's employer under the…

Tinubu Committed to Eradicate Economic Sabotage in Nigeria – Shettima

Nigerian Vice President Kashim Shettima has declared President Bola Tinubu resolute commitments to rooting out…

Technology a potent weapon against corruption, financial impropriety – Tinubu

President Bola Tinubu says technology is a potent weapon against corruption and financial impropriety in…

Multichoice Raises again DStv, GOtv Subscription Prices with effect from May 1

The South African owned Multichoice Nigeria Limited, the operator of DStv and GOtv has again…

Nigeria Plans Diaspora Bond, sets to receive $2.25bn World Bank Loan

The Minister of finance, Wale Edun said the federal government is considering issuing a diaspora…

Nigerian Government commences N200B Palliative Grant Disbursement

Following President Bola Tinubu's promise to strengthen the manufacturing sector, the Nigeria Government has begun…

Naira Further Gains Strength, Exchanges 1,000/Dollar At Parallel Market

The naira gained strength on Monday midday selling at N1,000 to the dollar at the…

Workers ask Tinubu not to devalue naira after implementing new national minimum wage

President Bola Ahmed Tinubu has been advised not to devalue the naira after the implementation…

Access, GTCO, FBNH, UBA target $2.6bn fresh capital for recapitalization

Four of the tier-one banks in the country are targeting the sum of $2.6bn from…

Association of Bureau de Change Operators gives reasons for Naira’s appreciation

The Association of Bureau de Change Operators of Nigeria (ABCON) has attributed the naira‘s recovery…

CBN directs commercial banks to recapitalize

The Central Bank of Nigeria (CBN) has increased the capital base for commercial banks with…

CBN raises interest rate, Naira keeps rise against dollar

The Central Bank of Nigeria (CBN), on Tuesday, raised the interest rate from 22.75 per…

MTN, 9mobile lose subscribers while Airtel, Globacom gain more over NIN-SIM Linkage

MTN, according to Industry data has lost about 7.3 million subscriptions in January, as it…

Naira records major gain against Dollar, Tinubu assures Nigerians of prosperous future

The naira has maintained steady gain against the United States dollar to the tune of…