June 13
Nigeria: Minimum Wage - Labour Faults Tinubu's Speech, Insists On N250k
Nigeria Labour Congress (NLC) has voiced its concerns over President Bola Tinubu's statement during yesterday's Democracy Day address in which he painted a picture of harmonious… Read more »
June 11
West Africa: Nigeria's GDP Falls Below 3.3 Percent Forecast
As the Nigerian economy grew slower in the first quarter of 2024, estimates show that the country may not meet the 3.3 per cent Gross Domestic Product (GDP) forecast for the year… Read more »
Nigeria: Equities Open Week Trading Up By N324bn Gain
Nigerian equities yesterday opened the week on a positive note, extending gains from the previous session as the overall capitalization closed N324 billion stronger. Read more »
Nigeria: Eid-El-Kabir - Prices Soar, Ram Sells for N1m in Kaduna
As the Eid-el-Kabir celebration by Muslim faithful inches closer, the prices of animals, especially rams, used for sacrifice during the annual festival have skyrocketed in the… Read more »
Nigeria: Dangote Refinery Announces New Date for Petrol Supply
The Dangote Petroleum Refinery and Petrochemicals has announced that the supply date for Premium Motor Spirit (PMS) has been moved from June to mid-July. Read more »
June 10
Nigeria: CBN Reassures Public On Bank Deposit Safety, Dismisses Licence Revocation Fears
The Central Bank of Nigeria (CBN) has again reassured members of the banking public of the safety of their deposits and the banking system's resilience. Read more »
June 11
Nigeria: Nigeria's Improved Crude Export Raises Opec May Output
The Organization of Petroleum Exporting Countries, OPEC oil output rose in May supported by increased export from Nigeria. Read more »
Nigeria: Continuous Exit of Multinational Firns to Dampen Nigeria's $1trn GDP Target
The increasing number of multinational companies exiting their operations in Nigeria will lead to reduction in foreign investment inflows thereby affecting the country's $1… Read more »
Nigeria: Compressed Natural Gas...Conversion Cost, Infrastructure Deficit Threaten CNG Initiative
Critical stakeholders have highlighted two key factors capable of impinging on the country's drive towards the adoption of compressed natural gas (CNG) as an alternative to premium… Read more »
Nigeria: Finance Minister Seeks Liquidity for Power Sector
The minister of finance and coordinating minister for the economy, Wale Edun, has called for liquidity for the power sector. Read more »
Nigeria: N36.13bn Keffi-Nasarawa-Toto Road Contract Abandoned for 3 Years
More than three years after the federal government awarded the contract to rehabilitate 118.9km Keffi-Nasarawa-Toto Road in Nasarawa State, the project has been abandoned. Read more »
June 10
Nigeria: Minimum Wage - Why NLC Can't Continue With Strike Action for Now - Ajaero
The Nigeria Labour Congress (NLC) has declared that it will postpone its planned strike action over the new national minimum wage pending when a final decision is taken by the… Read more »
Nigeria: Labour Rejects Federal Govt's U.S.$41 'Starvation Wage'
The Organised Labour has declared that it would no longer negotiate the N62,000 minimum wage offer being proposed by the Federal Government, describing the proposal as 'starvation… Read more »
June 11
Nigeria: Can Northern Nigeria Soar Above Poverty and Underdevelopment?
Northern Nigeria stands at a critical juncture, where the winds of change beckon, and the possibilities for transformation are vast. Yet, the region grapples with entrenched… Read more »
Nigeria: Minimum Wage - We Won't Resume Strike for Now - Ajaero
The Nigeria Labour Congress (NLC) has announced that it will no longer meet today to decide on the resumption of the suspended strike to demand a new national minimum wage. Read more »
June 10
Nigeria: Electricity Tariff... Life-Saving Services Threatened in Teaching Hospitals
Critical medical services and other operations of university teaching hospitals in Nigeria have suffered major setbacks since the Nigerian Electricity Regulatory Commission (NERC)… Read more »
Nigeria: Nigerian Workers Need Living Wage, Says Rep
Minority leader of the House of Representatives, Hon. Kingsley Chinda, has said what the executive arm of government should be considering is a living wage for Nigerian workers and… Read more »
Nigeria: Cardoso Urged to Follow CBN's Manual for Staff Reduction
Conference of Autochthonous Ethnic Communities Development Association (CONECDA) has appealed to the Central Bank of Nigeria (CBN) Governor Yemi Cardoso to follow established… Read more »
June 07
Nigeria: Federal Govt Recommits to Harnessing $7trn Blue Economy Potential
The federal government, on Thursday, said the Marítime Security Unit of the Deep Blue Project would solve the challenges stopping the country from harnessing the $7trillion… Read more »
Nigeria: Federal Govt Considers Fresh N7.24trn Borrowing for Economic Advancement Plan
The federal government may be seeking to borrow a fresh N7.24 trillion in 2024, a recent report has shown. Read more »
Nigeria: Shell's All On Calls for Policy Reforms to Boost Off-Grid Energy
In a significant move to address Nigeria's energy challenges, Shell Impact Investment Company, All On, has released a pivotal report advocating for comprehensive policy reforms to… Read more »
Nigeria: N5.4trn Fuel Subsidy - Posterity Won't Be Kind to You for Oversight Failure, Atiku Tells NASS
The Peoples Democratic Party (PDP) presidential candidate in 2023, Atiku Abubakar, has told federal lawmakers that posterity will not be kind to them if they keep looking away from… Read more »
June 05
Niger: 7 Rescued From Collapsed Mining Pit in Niger
Seven persons have been pulled out alive from a collapsed mining site in Niger State after the federal government mobilised officials to the scene at Galadima Kogo village, in… Read more »
Nigeria: Again, Unionists, Captains of Industry Express Concern Over Looming Job Loss
Concerned by looming mass unemployment as a result of the exit of multinationals over harsh business environment in Nigeria, stakeholders have charged President Bola Ahmed… Read more »
Nigeria: Egbin Power Honours Employees for Outstanding Performance
In appreciation of its employees' contributions to the sustainable progress and achievements recorded over the years, Read more »