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The naira posted some gains against the greenback as the dollar index moderated significantly while market players awaited America’s inflation data and the U.S. Federal Reserve’s interest rate decision due later in the day. Price […]

President Bola Tinubu says an executive bill on the new minimum wage will soon be sent to the national assembly. In his Democracy Day speech on Wednesday, Tinubu said in the process of reforming the […]

The Federal Government has declared Wednesday, 12th June, 2024 as a Public Holiday to commemorate this year’s democracy day celebration. The Minister of Interior, Hon. Dr. Olubunmi Tunji-Ojo who made the declaration on behalf of […]

With all that was said in the first part of this argument, given the NLC’s strong stance, it is plausible that the government will concede to some degree on wage increases for civil servants. That […]

Some hoodlums scaled a fence and stole a ram kept by one Malam Mundi Shuaibu for the Eid el-Kabir at Unguwar Sabon-Tasha in Abaji Area Council of the FCT. City & Crime reports that the […]

Pastor Charles Kpandei, who replaced a former Pastor of the Redeemed Christian Church of God’s City of David parish in Lagos State, Idowu Iluyomade, resumed at the parish on Sunday. According to Church Times, on […]

The poor performance of students at the Unified Tertiary Matriculation Examination has raised concerns over system issues like unqualified teachers dotting the educational landscape, ‘LAOLU AFOLABI writes About 9.17 million out of a total of […]

The federal government has failed to lift the crippling levy on medical imports despite its spiral effect on the surging cost of health services. Healthcare providers, pharmaceutical manufacturers, and drug distribution businesses face about 5 […]

The federation account allocation committee (FAAC) says the three tiers of government shared N1.14 trillion for May. The figure represents a decrease of N60 billion compared to the N1.20 trillion shared in April. FAAC made […]

President Bola Tinubu has approved the appointment of Hashimu Argungu, retired Deputy Inspector General of Police (DIG) as the Chairman of the Police Service Commission (PSC). With his appointment, Solomon Arase, retired Inspector General of […]

Organised Labour has insisted on its N250,000 new minimum wage proposal, stating it would not negotiate what it described as ‘starvation wage.’ The Assistant General Secretary of the Nigeria Labour Congress, Chris Onyeka, said labour […]

The Presidency on Thursday denied reports that the Federal Government was proposing N105,000 as the new minimum wage. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the report as false. […]

In a surprising turn of events, the federal government has finally admitted Africa’s biggest oil-producing country will be spending up to N5.4 trillion on oil subsidies in 2024. This comes after months of repeated denials […]

The Nigeria Police Force, on Thursday, denied allegations that it was out for witch-hunt against journalists, in a bid to suppress press freedom, through the application of the amended Cybercrime Act 2024. The Force said […]

On May 29, 2023, President Bola Tinubu made several promises during his inauguration speech to rekindle hope in Nigerians searching for light at the end of the tunnel. Tinubu promised a decline in unemployment and […]

Agora Policy, an Abuja-based think tank, says a major contributor to the federation account allocation committee (FAAC) is the foreign exchange (FX) gains. In a report on Thursday, titled, ‘How Exchange Gain Became a Major […]

George Akume, secretary to the government of the federation (SGF), says the labour committed treason by shutting down the national grid during the nationwide strike. Akume spoke in Abuja on Thursday during a meeting with […]

The Managing Director of Financial Derivatives Company, FDC, Mr. Bismarck Rewane, has urged the Nigerian Labour Congress, NLC, to reconsider its stance on benchmarking the minimum wage demand on dollar exchange rate, saying that it […]