Fitch Solutions, a financial intelligence service provider, has predicted that the naira would slide to as low as N1,993 per dollar in 2028, severely impacting Nigeria’s pharmaceutical industry to import…
Read More Fitch projects FX rate to increase to N1,993/$ – ReportCategory: Business
NDIC to begin sale of Heritage Bank assets December 4
Our reporter/ The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024. In a statement on Sunday, Bashir Nuhu, NDIC’s director of communication…
Read More NDIC to begin sale of Heritage Bank assets December 4IPMAN, Dangote agree on direct petrol supply
Our reporter/ The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery to lift petroleum products directly. The agreement came after weeks of negotiations between…
Read More IPMAN, Dangote agree on direct petrol supplyNLC directs members to proceed on strike over non-implementation of minimum wage
Our reporter/ The Nigeria Labour Congress (NLC) has directed its members in states that are yet to commence the implementation of the new minimum wage to commence an indefinite strike,…
Read More NLC directs members to proceed on strike over non-implementation of minimum wageGrid Collapse: Power minister orders immediate implementation of committee’s report
…TCN appeals for understanding on intermittent disruptions as grid repair begins Our reporter / The Minister for Power, Chief Adebayo Adelabu on Friday ordered the Transition Company of Nigeria (TCN)…
Read More Grid Collapse: Power minister orders immediate implementation of committee’s report
