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Category: Economy

Economy headline

Minimum wage debate: Is December 1 deadline for payment of N30,000 feasible?

Iheanyi Ejiofor November 27, 2018 headline

  Prof. Ife Adewumi (Ex- chairman, Academic Staff Union of Universities, Obafemi Awolowo University, Ile Ife.) As far as I am concerned, the deadline given by labour unions for the…

Read More Minimum wage debate: Is December 1 deadline for payment of N30,000 feasible?
Economy headline

Stop ATM charges, bank customers urge CBN

Iheanyi Ejiofor November 26, 2018 headline

Some customers of commercial banks in the Federal Capital Territory (FCT) have appealed to the Central Bank of Nigeria (CBN) to stop charges on transactions made through Automated Teller Machines (ATMs). The…

Read More Stop ATM charges, bank customers urge CBN
Economy headline

Navy arrests 12 suspected smugglers, impounds 1,706 bags of smuggled rice in Akwa Ibom

Iheanyi Ejiofor November 25, 2018 headline

The Nigerian Navy, Forward Operating Base, FOB, Ibaka, Mbo local government area of Akwa Ibom State has arrested 11 Nigerians and one Cameroonian smugglers and seized 1,706 bags of smuggled…

Read More Navy arrests 12 suspected smugglers, impounds 1,706 bags of smuggled rice in Akwa Ibom
Business Economy

CBN buoys Forex supply with $210m

Iheanyi Ejiofor November 23, 2018

The Central Bank of Nigeria (CBN) has again intervened in the interbank foreign exchange market by injecting the sum of $210million in the sales concluded on Wednesday, November 21, 2018.…

Read More CBN buoys Forex supply with $210m
Economy headline

$3.12bn NLNG dividends: Senate demands withdrawal details from CBN, NNPC

Iheanyi Ejiofor November 23, 2018 headline

The Senate Committee on Gas has directed the Nigerian National Petroleum Corporation and the Central Bank of Nigeria to submit within one week, the schedules of the 45 withdrawals made…

Read More $3.12bn NLNG dividends: Senate demands withdrawal details from CBN, NNPC

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