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Economy

Strike: Tinubu Approves N35,000 Wage Increase For Workerss

In a bid stop the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) from embarking on October 3 indefinite strike, President...

President Tinubu: Investigative Report On CBN To Be Ready Soon

President Bola Tinubu on Sunday morning disclosed that the report of the Special Investigator on past activities in the Central Bank of Nigeria (CBN)...

FAAC Disburses N1.1Trn To FG, States, LGs As August Allocation

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion in August 2023 Federation Account Revenue to the Federal Government, States...

President Tinubu Warns NLC, TUC Against October 3 Nationwide Strike

President Bola Tinubu has warned the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) against embarking on a nationwide strike on October...

Wealthy Nigerians to Pay More Under Tinubu Tax Plan

Nigeria plans to overhaul its tax system to shift more of the burden to wealthy citizens while cutting corporate taxes. The move — part of...

Cardoso Faces Growth vs Inflation Dilemma With World’s Highest Reserve Requirement

New Central Bank of Nigeria (CBN) governor Olayemi Michael Cardoso is facing a major dilemma regarding the amount of cash that lenders are statutorily...

Food Prices Jump By 31% in 12 Months – NBS

Ebonyi and Abia states led as food prices jumped by 31 per cent within 12 months from July 2022 to July 2023. This is according...

Rates Hikes, China Swaps Seen as Cardoso Battles to Stabilize Naira

Analysts are of the consensus that Nigeria’s new central bank governor, Olayemi Michael Cardoso must act fast to restore confidence to the nations battered...

Market Forces Can Not Stabilise Naira – Oshiomhole

Former Edo State governor Senator Adams Oshiomhole says government must intervene to stabilise the naira, saying market forces cannot do such. Nigeria’s currency exchanges for...

NLC, TUC To Embark on Indefinite Strike  October 3

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), on Tuesday, agreed to withdraw their services nationwide from Tuesday, October 3, in...

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