Thursday, 09 January, 2025

Category: Business


As the nation awaits the new minimum wage promised to be sent to the National Assembly by President Bola Tinubu, the burden of implementing the minimum wage may make many states bankrupt. The Federal Executive Council, at its meeting last Tuesday, stepped Read more…


Minister of Works, David Umahi, has expressed dismay at the slow pace of work on the Akwa Ibom and Cross River states section of the Lagos-Calabar coastal road project and given the contractors one week to return to site or Read more…


The Federal Government through the Nigeria Customs Service has grounded a United States-registered Gulfstream G650ER jet belonging to a leading Nigerian bank, signalling the commencement of government clampdowns on private jet owners over unpaid import duty running into several billions Read more…


Former presidential candidate of the Labour Party (LP), Peter Obi, has accused the Nigerian government under President Bola Tinubu of concurrently implementing four national budgets. Obi claims that evidence supports his allegation, asserting that this practice blatantly disregards fiscal responsibility, Read more…


Anambra State Government has conducted a validation exercise on the draft masterplan for the Anambra Mixed-Use Industrial City. The masterplan is a concept which will ensure harmonious integration of the various sectors of the economy and catalyze the industrial agenda Read more…


Nigeria Labour Congress, NLC, has rejected the suggestion by governors that they should be allowed to determine the wages of their workers, saying it is not only dictatorial but against the concept of the minimum wage. The Southern Governors Forum, Read more…


The Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex bank. In circular no: COD/DIR/INT/CIR/001/016 issued by the Director of Currency Operators Mr. Mohammed Solaja Read more…


President Bola Tinubu has sympathised with traders affected by Thursday’s fire incident in Karu Market and urged caution and adherence to essential safety measures to forestall a recurrence. This is contained in a statement signed by Special Adviser to the Read more…


Governors from the Southern part of Nigeria, under the aegis of the Southern Governors’ Forum, yesterday called for the consideration of the ability of each state to pay the new minimum wage. Their call came as the Nigerian Governors’ Forum, Read more…


Two days ago, Vision Newspapers published a story that purported to show that touts and hoodlums were harassing the businessmen and women in the market, extorting and threatening them with dangerous weapons. At the time of our publication, we could Read more…


The former speaker of the Lagos State House of Assembly, Adeyemi Ikuforiiji, says his acquittal from money laundering related charges and prosecution that spanned over 12 years was a harrowing experience. The speaker said his joy knew no bounds, describing Read more…


From Ifeoma Ejiofor The Labour Party (LP) goverborship hopeful in the 2025 Anambra State guber polls, Mr Valentine Ozigbo has reiterated his commitment to the youths. The governorship aspirant made this assertion at ASUU Secretariat, Nnamdi Azikiwe University, Awka, during Read more…