Minimum wage

France increases minimum wage after protests, as Nigeria refuses to do same

French President, Emmanuel Macron announced that the minimum wage in the country would be increased by €100 starting early 2019.
Microfinance banks

CBN ends forex for fertilizer importation, raises concern over banks sharp practice

The Central Bank of Nigeria (CBN) in a circular ‘Inclusion of some imported goods and services on the list of items not valid for forex in the Nigerian forex market.’
GTBank, Ecobank, Ekiti State, Kayode Fayemi, Ayo Fayose

These banks can now do business with Ekiti MDAs

Fayemi lifts embargo on three banks in Ekiti State
41 items forex restriction, Anchor Borrowers’ Programme

CBN cries out over banks’ outrageous interest rates on loans

CBN addresses interest rates on loans

Strike inevitable as oil marketers demand payments before Friday

Nigerians to struggle for fuel during yuletide
Inflation, private sector loans, NBS

Nigeria records 1.81% Q3 2018 GDP growth

Third quarter 2018 GDP figures released by the National Bureau of Statistics, show Gross Domestic Product grew by 1.81% in the third quarter of 2018....
41 items forex restriction, Anchor Borrowers’ Programme

CBN and NIPOST may partner on retail banking

The Central Bank of Nigeria (CBN) has unveiled plans to commence retail banking services next year in partnership with the Nigerian Postal Service (NIPOST). CBN...
Mary Uduk

SEC’s DG on how E-dividend will boost capital market liquidity

SEC has continued to urge Nigerians to embrace the E-dividend mandate; this time stating that doing so would engender liquidity in the capital market.

FBNQuest appointed co-financial advisor to DMO

N100 billion Sukuk II offer to consolidate gains of Sukuk I

Is OPEC’s lack of output cut good or bad for Nigeria?

The members and allies of the Organisation of Petroleum Exporting Countries (OPEC)  have failed to reach a consensus on output cut.
Remita, Treasury Single Account

FG approves posting of treasury officers to key revenue agencies

Key revenue agencies get new officers
The Minister of Finance, Zainab Ahmed

DMO opens N100 billion Sukuk bond today

The Debt Management Office (DMO) on behalf of the Federal Government, today opened an offer for subscription of a N100 billion Sukuk bond. Proceeds will be used for the construction and rehabilitation of key roads across the six geopolitical zones of the country.

Amid new minimum wage tussle, govt accused of illegal salary deductions

Akwa Ibom defends salary deductions of workers

Why the NCC is suspending the allocation of 5G frequency

NCC's Umar Danbatta disclosed that the Commission is suspending these potential frequency spectrum allocations for 5G services- 26GHz, 38Ghz and 42Ghz bands
Tomi Somefun

Unity Bank, Jigawa State Partner on FG’s ‘Trader ‘Moni’

The Federal Government has formally flagged off social welfare initiatives code-named ‘Trader Moni’ in partnership with Jigawa State government and Unity Bank Plc with...
41 items forex restriction, Anchor Borrowers’ Programme

Anchor Borrowers’ Programme has created 2.5 million jobs, this is how

Anchor Borrowers’ Programme creates 2.5 million jobs across Nigeria -CBN
41 items forex restriction, Anchor Borrowers’ Programme

Why is CBN’s Emefiele issuing a stern warning to Nigerian companies?

CBN Governor, Godwin Emefiele, has warned companies contravening the apex bank's 41 items forex restriction to immediately desist or face consequences.
Green Bonds Issuance Rules

A look at SEC’s newly launched Green Bonds Issuance Rules

The Securities and Exchange Commission of Nigeria (“SEC”) officially launched the Green Bonds Issuance Rules at a ceremony yesterday.

NNPC clears air on oil marketers fuel scarcity threat

NNPC addresses fuel scarcity threat by oil marketers
CBN Governor, Godwin Emefiele

How cutting of food imports saved $21 billion for Nigeria -CBN

Nigeria's food imports bill dropped by 75.9% in 34 months

Shell concludes new partnership with GP, GACN

Shell partners GACN and GP for Aba IPP
Securities and Exchange Commission, SEC

SEC has measures in place to compensate investors’ genuine losses

SEC's DG, Mary Uduak, disclosed that the regulatory agency has a measure in place to compensate investors who genuinely incur losses in the capital market. 

This is how much Nigeria’s gaming industry has generated so far this year

The booming gaming industry in Nigeria has once again received a global recognition as reports from the Global Games Market for 2018 has revealed.
Cross River Garment Factory

Cross River set to export ‘made in Nigeria’ clothing

FG certifies Cross River Garment Factory products for export
Nigeria Labour congress

NLC is impatient over delay in the implementation of new minimum wage

The NLC has described the delay in the implementation of the new minimum wage as "provocative" and said it is impatient.
fuel scarcity, oil marketers

Are we on the verge of another fuel scarcity?

Oil marketers have unanimously issued a seven-day ultimatum to the President Muhammadu Buhari-led administration.
World Bank

REVEALED: What World Bank said about Nigeria’s economy

World Bank laments Nigerian economy dependence on the 'struggling' oil sector.
CACS, Central Bank of Nigeria, CBN, anchor borrowers

CBN Governor blows hot regarding 41 banned items

CBN Governor, Godwin Emefiele has reeled out harsh sanctions including facing the EFCC, for anyone flouting the ban on 41 items from the official FX
Inflation, private sector loans, NBS

Credit to the private sector hits N15.5 trillion as at Q3 2018 

Nigerian Bank’s total lending to the private sector from Q1 2018 to Q3 2018 stood at N46.4 trillion as at September.

CBN introduces special FX intervention

The Central Bank of Nigeria (CBN) has increased its foreign exchange injections for Bureau De change (BDCs). The apex bank disclosed this in a...