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CBN Introduces Dutch Auction System To Tackle Forex Shortages.
The Central Bank of Nigeria (CBN) has announced a strategic initiative through a Retail Dutch Auction System (DAS).That will address the volatility in the...
NlC Wants Better Pay, Insurance, Pension For Journalists
The President of Nigerian Labour Congress NLC Joe Ajaero, has called for better pay, insurance cover and pension for journalists across the country.Ajaero made...
Onaiyekan Laments Poor State Of Nation’s Education Sector
Mass failures in public examinations conducted by the West African Examination Council, WAEC, National Examination Council, NECO, Joint Admissions and Matriculation Board, JAMB, have...
Digital Economy: NCC To Unveil New Tariff Plan December 13.
The Nigerian Communications Commission, NCC, has announced a new tariff plan that would commence on December 13th, 2024.The Commission said it would be unveiling...
Minimum Wage: FG Warns of Mass Sacking as Labor Disowns Agreement
The Federal Government has advised Labor to consider the economic implications of its push for an unrealistic higher national minimum wage.Minister of Information, Mohammed...
Minimum Wage: Private Sector, States Fault Labour’s Push For N1m
The organised private sector, Ekiti, Sokoto, and other states have criticized the demand by the Nigeria Labour Congress, NLC for one million naira national...
China Rolls Out Red Carpet For Tinubu, Other African Leaders.
China has rolled out the red carpet for leaders from across Africa, including President Bola Tinubu, seeking to deepen ties with the resource-rich continent...
FG Releases 10 High-Yield Crop Varieties To Farmers To Enhance Food...
The Federal Government, through the National Varieties Release Committee, has officially registered and released 10 high-yield crop varieties to farmers to boast food sufficiency...
Ministry Pledges To Reduce Post-Harvest Losses By 25%.
The Federal Ministry of Agriculture and Food Security has pledged to significantly reduce post-harvest losses in the agricultural sector by 25 per cent as...
Nigerians Deserve Accountability On Oil Resource Management- Obi.
Politician and former governor of Anambra State, Peter Obi has urged the Nigerian National Petroleum Corporation, NNPCL, to provide clarity and accountability to Nigerians...
Economic Crisis: FG Urges Improved Labour Administration
The Federal Government has called for improved labour administration implementation as a quick response to economic crisis.The Permanent Secretary, Ministry of Labour and Employment,...
Foreign Exchange: CBN Bans Currency Collateral For Naira Loans.
The Central Bank of Nigeria (CBN) has prohibited the use of foreign currency as collateral for Naira loans. This directive contained in a circular by Dr. Acting...
Navy Rejiggs Operations To Ensure Protection Of Nigeria’s Blue Economy
Nigerian Navy has rejigged its maritime security operations to ensure protection of Nigeria’s Blue Economy.The Chief of Naval Staff, Rear Admiral Emmanuel Ogalla, said...
FG To Save $4.4b Annually From Conversion Of Vehicles To Cng
The Federal Government is to save about twelve million dollars daily by reducing the current 50 million litres of petrol consumed in the country...
Nigeria’s Output Close To 1.7m BPD -Kyari.
Group chief executive officer (CEO), Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, says the country’s oil production volume is close to 1.7 million...
Industrial Sector: FG, BOI Disburse N23bn To 29 Companies To Drive...
The Bank of Industry ,BOI, said it has disbursed N22.89 billion to 29 manufacturers under the Federal Government’s N75 billion Manufacturing Sector Intervention Fund.The...
Removal Of FUEL Subsidy Necessary To Reset Nigeria’s Economy – Tinubu
Removal of subsidy on petrol was needed to reset Nigeria’s economy.President Bola Ahmed Tinubu made the assertion in a statement while speaking as one...
Agriculture: Gov. Bago Bestowed With The Award Of Voice Of Africa.
The Governor of Niger state Umar Bago has been bestowed with the prestigious 2024 Voice of Africa by a Canadian based organization which specializes...
Fuel To Sell N935 Per Litre Nationwide From Monday –IPMAN
The Independent Petroleum Marketers Association of Nigeria, IPMAN says fuel pump price will reduce to 935 naira per litre from today, Monday, following a...
Economy: Nigeria’s Debt-To-GDP Ratio To Drop To 49.6 percent In 2025.
The IMF Fiscal Monitor Report 2024 has highlighted projections that Nigeria’s debt-to-GDP ratio, currently at 50.7 percent, is expected to drop to 49.6 percent...
