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…
Category: Business
The acting Minister of Labour and Employment, Hon. Nkiruika Onyejeocha on Monday disclosed that the report of the Tripartite Committee on the new minimum wage submitted to President Bola Tinubu reflects a “balanced and realistic approach to addressing the myriad Read more…
To ameliorate inflation, the Federal Government has announced the suspension of tariff, duties and taxes for 150 days to allow free importation of maize, husked brown rice, wheat and cowpeas through land and sea borders. The government also disclosed that Read more…
Customers of OPay, a Chinese backed fintech have been able to complete card payments without getting debited and have racked up a ₦714 million bill following a system glitch. The fintech has, however, been able to take legal action to Read more…
From Ifeoma Ejiofor Omepuruchukwu Charity Foundation came into existence barely two years ago. The Foundation is actually the vision of the Founder and Chief Executive Officer (CEO) the group, Mr Nicholas Echezona Nsoedo (Omepuruchukwu Anaedo). Omepuruchukwu Charity Foundation for the Read more…
Ebonyi State commissioner for aviation and Transport Technology, Mrs Ngozi Obichukwu, yesterday said the state government had concluded plans to purchase four aircraft for the smooth take-off of the Chuba Okadigbo International Airport in Onueke, Ezza South local government area Read more…
Nigeria’s electricity grid collapsed for the fourth time Saturday afternoon, throwing the nation into total blackout. At 6.07 pm, power generation had dipped to just 57 megawatts, a significant fall from the almost 4,000mw recorded at about 8am, according to Read more…
The Federal High Court in Lagos, presided over by Justice Akintayo Aluko, has issued a bench warrant for the arrest of a haulage operator, Adolphus Peter, who was accused of unlawful diversion of Automotive Gasoline Oil (AGO), popularly called diesel, Read more…
The Central Bank of Nigeria (CBN) has warned Deposit Money Bank (DMBs) against rejecting dirty and mutilated Naira banknotes from depositors. In circular posted on its website this evening, the apex bank threatened to apply strict penalties against any DMB Read more…
Chairman and CEO of the Dangote Group, Aliko Dangote, has criticized the Central Bank of Nigeria’s (CBN) recent decision to raise the interest rate to almost 30 percent. In a keynote address at the opening of a three-day National Manufacturing Read more…
As part of move towards increasing Nigeria’s crude oil production and growing its reserves, the Nigeria National Petroleum Company Limited (NNPC Ltd) has declared a state of emergency on production in Nigeria’s oil and gas industry. Group Chief Executive Officer Read more…
Federal Secretariat in darkness, workers resort to generating sets, solar sources | AEDC mum on situation For the second week, most ministries, departments and agencies (MDAs) of government located in the Federal Secretariat, Abuja, have been without electricity supply from Read more…