After months of eager anticipation, hopes were not entirely dashed after President Muhammadu Buhari has finally approved the immediate implementation of N30,000 new minimum wage to lowest cadre workers.
President Muhammadu Buhari has ordered the immediate implementation of the N30,000 new minimum wage, but it is not for everyone.
Banks are relying on credit bureau operators to comply with CBN's 60 per cent Loan to Deposit Ratio (LDR) policy. This is according to CRC Credit Bureau.
Jim Ovia has called on the @centbank Governor, Godwin Emefiele to create the enabling environment to help empower and blossom the Nigerian youths.
@NgComCommission has announced that it remitted the sum of N51.3 billion to the Federal Government as part of the revenue generated in the first quarter of 2019.
Nigeria's evolving internet market has just hit another milestone, as the latest statistics released by the Internet World Stats revealed that the country now ranks 7th in terms of countries with the highest number of internet users in the world.
The Nigerian National Petroleum Corporation (NNPC), has contracted about 34 companies to carry out its crude oil for refined fuel exchange deal.
As Nairametrics reported yesterday, released yesterday by the National Bureau of Statistics (NBS) released its consumer price index which revealed that Nigeria's inflation rate dropped to 11.22% last month.
According to local reports, the newly elected President of the Trade Union Congress (TUC), Quadri Olaleye, disclosed that the union would issue an ultimatum for an industrial action if the Federal Government continued to delay the implementation of new N30, 000 minimum wage.
Not less than seven banks, including Guarantee Trust Bank (GTB) and Zenith Bank, are currently under pressure over CBN's new lending policy.
Nigeria’s consumer price index, which measures inflation, rose to 11.22% in June 2019.
Oil prices slide on Monday after China's economy recorded the slowest quarterly growth in almost three decades. Earlier on Monday, it was revealed that China's economy grew 6.2% for the second half of 2019, but inches down by 0.2% when compared to 6.4% ..
In a bid to reduce the 'huge quantum of unclaimed dividends' in the capital market, SEC has disclosed plans to work with relevant stakeholders.
The rate of suicide in Nigeria is becoming alarming and the menace is set to rip into the purse of the Federal Government, as President Muhammadu Buhari's administration is being compelled to reconsider the design of the 2nd Niger Bridge.
While Nigeria’s debt profile hits a new high of N24.9 trillion in March 2019, state governors have parted with the sum of N33.9 billion referred to as external debt deductions in just one year.
Not less than 2 million jobs are up for Nigerians if the country's textile industry is well harnessed. This is according to @cenbank
The Senate President, Ahmed Lawan has reacted to a claim he reportedly made on the Ministerial list after President Muhammadu Buhari's response regarding time-frame for cabinet names at the dinner between National Assembly and the executive.
In 2015, President Muhammadu Buhari took four whole months to appoint his Ministers. That was the longest time-frame it took a Nigerian President to release his cabinet team since 1999.
'Multi dimensionally poor' Nigerians have increased from 86 million to 98 million between 2007 and 2010, representing 13.9 per cent increase in 10 years.
According to data obtained from DMO, commercial loans gulps 58.99% of the $357.26m the Federal Government spent on debt servicing in 2019 Q1.
The Transmission Company of Nigeria (TCN), has confirmed that it received about $1.661 billion worth of investments from unnamed international donors to boost power supply in Nigeria.
The Account General of the Federation (OAGF), has disclosed that the Federal Government has received N10trn since TSA implementation.
Works on capital projects by the Ministries, Departments and Agencies has continued to remain grounded two months after the 2019 Budget was signed into law. The MDAs are currently in a capital dilemma that is affecting implementation of their projects.
[@NNPCgroup] dismissed reports that a new Petrol (Premium Motor Spirit) pump price is on the line.
@NafdacAgency has banned the sale of Sniper (a well-known insecticide) and other agrochemical formulations in supermarkets and open shops.
With all the benefit the African Continental Free Trade Agreement (AfCFTA) have in store for the continent, Nigeria might just lose out on them all due to a decades-old problem that continues to pose as a stumbling block. That problem is the epileptic power supply in the country.
Barely one week after the CBN issued a letter to all Deposit Money Banks (DMBs) to maintain a minimum Loan to Deposit Ratio (LDR) of 60% by Sept. 2019, it has revised the guidelines around the apex bank's SDF.
States and Local Governments in Nigeria shared a total of N294.83 billion in May 2019. This was revealed in the latest report on the disbursements made by the Federation Account Allocation Committee (FAAC).
The Central Bank of Nigeria has directed that banks’ daily deposits placement through the CBN's Standing Deposit Facility, shall no longer exceed N2 billion.