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Category: Business

Business Economy headline

Nigeria’s inflation rate surges to 33.20%

Iheanyi Ejiofor April 15, 2024 No Comments #inflation

Our reporter/ Nigeria’s inflation rate surged to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. The National Bureau of Statistics (NBS) made the disclosure…

Read More Nigeria’s inflation rate surges to 33.20%
Business Economy headline

Power grid collapses for sixth time in 2024

Iheanyi Ejiofor April 15, 2024 No Comments #Power grid

Our reporter/ For the sixth time in 2024, Nigeria’s electricity grid collapsed again on Monday. The grid collapsed around 2:42 am with generation dropping to 64.70megawatt. Only one generation company,…

Read More Power grid collapses for sixth time in 2024
Business Economy headline

Organised Labour proposes fresh N615,000 minimum wage demand

Iheanyi Ejiofor April 14, 2024 No Comments #Minimum wage#organised labour

Our reporter/ Organised Labour has demanded N615,000 as the new minimum wage for workers to cope with the country’s many economic realities. The President of the Nigeria Labour Congress (NLC),…

Read More Organised Labour proposes fresh N615,000 minimum wage demand
Business Economy headline

How I collected $3 million cash for Emefiele, CBN employee tells court

Iheanyi Ejiofor April 13, 2024 No Comments #CBNefccemefiele

A Central Bank of Nigeria (CBN) employee, Monday Osazuwa, told the Ikeja Special Offences Court on Friday how the apex bank’s former governor, Godwin Emefiele, on different occasions, directed him…

Read More How I collected $3 million cash for Emefiele, CBN employee tells court
Business Economy headline

Our policies geared towards growing business, attracting new ones – Gov Otti

Iheanyi Ejiofor April 12, 2024 No Comments #Alex otti

Abia State Governor, Dr. Alex Otti, OFR, says his administration has in the last 10 months worked towards growing businesses and attracting new ones into the state. Governor Otti described…

Read More Our policies geared towards growing business, attracting new ones – Gov Otti

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