As the nation waits for a new National Minimum Wage, the Nigeria Labour Congress, NLC, has threatened to shut down the country for a month over plans by the National Assembly to deregulate the Minimum Wage. Ajaero warned that organised Read more…
Category: Business
The Federation Accounts Allocation Committee (FAAC), has shared a total sum of N1,354.371 billion June 2024 Federation Accounts Revenue to the Federal, States and Local Governments in the country. Total revenue of N2,483.890 billion was available in the month of Read more…
Aliko Dangote, President of the Dangote Refinery, says the refinery is now set to roll out its petrol from August 2024, having resolved its crude oil supply issues through the help of the Nigeria National Petroleum Company Limited (NNPCL) and Read more…
President Bola Tinubu has renamed the National Theatre in Iganmu, Surulere as the Wole Soyinka Centre for Culture and the Creative Arts in honour of the literary giant, who turns 90. In a statement he personally signed, Tinubu described Soyinka as Read more…
Chairman of the Nigeria Governors’ Forum, NGF, and Governor of Kwara, AbdulRazaq AbdulRahman has reacted to the Supreme Court judgement granting full autonomy to Local Government Areas, saying the development is a huge relief on governors. But the NGF chairman Read more…
Discussions between the Federal Government and the Organised Labour, yesterday, over the new national minimum wage did not yield a consensus, prompting both parties to adjourn till week. On Wednesday, President Bola Tinubu invited the Nigeria Labour Congress (NLC) and the Read more…
Rivers State governor Sir Siminalayi Fubara, has vowed not to represent the 2024 Appropriation Bill To the Hon. Martins Amaewhule-led House of Assembly. He said the seats of Amaewhule and 24 others were declared vacant on December 13, 2023, after Read more…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has attributed the rising high interest rates to the excessive ₦27 trillion loan facility issued to the Federal Government. Recall that the Senate approved a ₦22.7 trillion Ways and Means loan Read more…
The Nigerian National Petroleum Company Limited, on Wednesday, said it would make an official announcement when the company is ready to take the earlier reported $2bn crude-backed loan. It was reported on Tuesday that NNPC was in talks for another Read more…
AGF Clarifies Rationale Behind New Livestock Development Ministry, Emphasizes Benefits For Nigerians
The need to enhance protein production, increase employment opportunities and government revenue informed President Bola Ahmed Tinubu’s decision for establishing the Ministry of Livestock Development. Providing this clarity, Attorney General and Minister of Justice, Lateef Fagbemi, explained further that the Read more…
An Assistant Manager with Zenith Bank Plc, Mrs Ifeoma Ogbonnaya, has revealed that the embattled Central Bank of Nigeria (CBN), Governor Godwin Emefiele, and his wife Margaret, were not signatories to the account alleged to have been owned by them. Read more…
President of the Trade Union Congress (TUC), Comrade Festus Osifo, disclosed that the leadership of the Organized Labour are waiting for the outcome of President Bola Tinubu’s consultation on the new minimum wage. Comrade Osifo, who spoke at the sideline Read more…