Naira Down At N362.58 /$ In I&E Window
The Naira yesterday depreciated to N362.58 per dollar in the Investors and Exporters (I&E) window due to a 73 percent decline in the volume of dollars traded. Naira-Dollar Naira depreciates…
Breaking: National Assembly Starts Work On New Minimum Wage Bill
Eniola Olayemi The Nigerian senate has reportedly begun the consideration of the proposed new minimum wage for workers. According to a report by, the Senate on Thursday suspended its rules…
Nigeria’s Foreign Investments Inflow Down By 36% To $2.2 Bn In 2018
The United Nations Conference on Trade and Development (UNCTAD) has disclosed that Nigeria’s Foreign Direct Investment (FDI) fell by 36 per cent to $ 2.2 billion in 2018 from $3.5…
Only 12 States Are Funding Workers’ Pension Accounts – Pencom
Only 12 states among those that have enacted the Contributory Pension Scheme laws have been funding the pension accounts of their workers as of the end of June 2018. This…
Maritime stakeholders laud concession of Warri Port terminal
Stakeholders are optimistic that the concession of Terminal `B’, Warri Old Port, would not only reinvigorate the maritime sector but would also boost cargo operations in the Southeast. The Federal…
Reps To Conclude Minimum Wage Legislative Process Within A Week – Dogara
THE Speaker of the House of Representatives, Yakubu Dogara on Thursday said the House will conclude deliberations on the new minimum wage of N27,000.00 within the next one week. Minimum…
Back To Farming Buhari Tells Nigerians
Eniola Olayemi The President made this known while speaking to supporters of the All Progressives Congress (APC) in Birnin Kebbi on Wednesday. President Buhari has urged Nigerians to go back…
APC Enraged Over PDP’s N388m U.S. Lobbying Deal
Eniola Olayemi Peoples Democratic Party (PDP) is spending about $1,080,000 (about N388million) on its ongoing lobbying in the United States, has learnt. The party is also polishing its image in…
VAT Will Be Increased In 2019, As FG Introduces New Revenue Initiative
The Federal Government has introduced the Strategic Revenue Growth Initiative to generate more revenues to finance national development. The Minister of Finance, Mrs Zainab Ahmed at the official inauguration of…
UPDATE: Labour Returns N27, 000 Offer For Federal Government
Eniola Olayemi N27, 000 recommended approved yesterday by the National Council of State as minimum wage for states and the private sector has been rejected by Labour. In separate statements,…
