Our reporter/ Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41% recoded in May 2023. This is according to the latest CPI report released by the…
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Category: Business
CBN reduces tenure of bank MDs to 12 years maximum
The Central Bank of Nigeria (CBN) has approved a new code of corporate governance which specified that the tenure of a bank’s managing director or chief executive officer (CEO) can…
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ILO pledges to support Nigeria deliver 2 million digital jobs
Our reporter/ The International Labour Organisation (ILO) has pledged its commitment to help the Tinubu-led administration create over two million digital jobs to reduce unemployment. Vanessa Phala, ILO’s country director…
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Nigerians brace for tariff hike as Discos apply for rate review
Our reporter| The federal government on Friday revealed that the eleven electricity companies in the country have applied for a review of their respective electricity tariffs. Disclosing this through a…
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Senate approves Tinubu’s $800m request for social safety net
Our reporter/ The Senate has approved President Bola Tinubu’s request for the sum of $800 million loan as additional fund for the financing of the National Social Safety Net Programme…
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