Our reporter/ The The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied reports in a section of the media alleging that it inflated subsidy claims by N3.3trillion. In a…
Read More NNPC denies report on Inflated subsidy claims
Category: Economy
Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds
The Central Bank of Nigeria (CBN) on Monday assured that the banking system and depositors’ funds are safe. The apex bank’s acting spokesperson Sidi Ali Hakama, gave the assurance during…
Read More Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds
Labour set to resume strike action, rejects ₦100,000 ‘starvation wage’
Our reporter/ The Organised Labour on Monday vowed not to accept any ₦62,000 or ₦100,000 “starvation wage” as the new minimum wage for Nigerian workers. Chris Onyeka, an Assistant General…
Read More Labour set to resume strike action, rejects ₦100,000 ‘starvation wage’
Investors lose N44 billion as selloffs in blue-chips decline NGX market indices by 0.08%
During the week, selloffs in Seplat, Fidelity Bank, and Transnational Corporation, among 34 other declined equities, drove the Nigerian Exchange Ltd. (NGX) broader index down by 0.08 per cent week-on-week.…
Read More Investors lose N44 billion as selloffs in blue-chips decline NGX market indices by 0.08%
Economic saboteurs drive in convoys, occupy corridors of power, NLC tells AGF
Our reporter/ The Nigeria Labour Congress (NLC) over the weekend called out the Secretary to the Government of the Federation (SGF), George Akume, on his comment that the shutting down…
Read More Economic saboteurs drive in convoys, occupy corridors of power, NLC tells AGF