Moscow could move to seize property owned by US-linked entities and citizens in Russia, should Washington attempt to confiscate Russian assets being held abroad, according to a decree signed by President Vladimir Putin on Thursday. The US and its allies are Read more…
In its further negotiation with the federal government, organised labour has reduced its request for a living minimum national wage from its initial N615,000 to N500,000. The new figure followed its inability to reach an agreement on the earlier demand Read more…
The federal government has apologised to Nigerians over the economic pains they go through as a result of the reforms embarked upon by the Bola Ahmed Tinubu administration. The apology came yesterday from the minister of budget and economic planning, Read more…
The Central Bank of Nigeria has directed all current Bureau De Change (BDC) operators to re-apply for new licenses in their chosen categories. This directive was announced on Wednesday in a circular issued by the apex bank, signed by Haruna Read more…
The tripartite minimum wage negotiation meeting involving Organised Labour, the federal and state governments, and the Organized Private Sector, OPS, yesterday ended in deadlock, following Labour’s dismissal of the government’s N54,000 offer as expected. Labour leaders also lamented the absence of state Read more…
Customers of Heritage Bank Plc, a leading financial institution in Nigeria, are calling for urgent intervention from the government and the Central Bank of Nigeria (CBN) to address ongoing challenges that have disrupted both physical and online transactions for nearly Read more…
Ukraine’s request for permission to use foreign-made long-range weapons against Russia is proof that Kiev has gone into full panic mode as Moscow’s troops continue to advance, Kremlin spokesman Dmitry Peskov has said. In an interview with Reuters on Monday, Read more…
From Ifeoma Ejiofor The Commandant Nigerian Security Civil and Defence Corps, Anambra State, Francis Nnadi has expressed the preparedness of the command to partner with National Orientation Agency (NOA) on the federal government safe school project. Commandant Nnadi made the Read more…
Local airline operator Air Peace says some alleged safety violations raised by the United Kingdom Civil Aviation Authority (UKCAA) have been resolved with the British regulator. In a statement on Monday, the airline, which began its Lagos-London direct flights on Read more…
The long-awaited student loan programme will take off on Friday with 1.2 million students in federal tertiary institutions across the country, the Managing Director/Chief Executive Officer of the Nigeria Education Loan Fund, Akintunde Sawyerr, has said. Sawyerr, who spoke at Read more…
Ukrainian President Vladimir Zelensky, as the leader of a “hostile political regime,” is a legitimate military target, Dmitry Medvedev, the head of Russia’s Security Council, has said. Speaking to TASS on Monday, Medvedev said that the question of Zelensky’s legitimacy as president Read more…
Manufacturers of fast-moving consumer goods, FMCG are in dire agony over the continued rise in unsold goods in their warehouses, a development which would lead to a further significant decline in output level in the sector.The continued rise in unsold Read more…