Inflation May Make Nonsense Of N30,000 Minimum Wage – Senator Abu Ibrahim
Chairman of the Senate Committee on Employment, Labour and Productivity, Senator Abu Ibrahim, from Katsina South, has said that inflation and rise in prices of...
Central Bank Pumps 254.8 Million, CNY 35.8 Million Into Forex Retail SMIS
The Central Bank of Nigeria (CBN) has again intervened in the retail Secondary Market Intervention Sales (SMIS) with the sum of $254.8 million even...
Forex Market Gets $210 Million CBN Boost
The inter-bank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales...
There’s No Plan To Remove Fuel Subsidy, Finance Minister says
Nigeria’s Finance Minister, Mrs. Zainab Ahmed has cleared the air on the controversy generated by the International Monitory Fund (INF) on the removal of...
Rumour Of Fuel Scarcity In Nigeria Is Work Of Mischief Makers – NNPC
Nigerian National Petroleum Corporation (NNPC) has described the rumours making the rounds about fuel scarcity in the country as the work of mischief makers. The...
Buhari Government Revokes 6 Oil Mining Licences
The Muhammadu Buhari Federal Government has revoked the licences of six Oil Mining Leases (OMLs) and one oil prospecting lease (OPL), in the onshore,...
Don’t Take Loan From China, IMF Cautions Nigeria, Others
The International Monetary Fund has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. The Financial Counsellor and...
Again, Central Bank Boosts Forex Market with $210 Million
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market in continuation of its...
Price Of Oil Hits 5-Month High Above $71 A Barrel
Price of oil hit a five-month high above 71 dollars a barrel today, Tuesday, supported by concern that violence in Libya could further tighten...
Buhari Worried Over Use Of Cyberspace To Manipulate Elections, Subvert Democracy
President Muhammadu Buhari has expressed worry over the development in recent time where politicians used cyberspace to manipulate elections thereby subverting the democratic rights...
