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ECONOMY
Barred Numbers: MTN Shuts Down Offices Over Fears of Violence, Vandalisation
Nigeria’s leading telecommunications company MTN has shut down its offices nationwide over fears of violence from customers whose phone lines have been blocked for not being linked to their National Identification Number (NIN).
Due to the…
Tinubu Signs New Minimum Wage Bill Into Law
President Bola Ahmed Tinubu has signed the new minimum wage bill recently passed by the National Assembly into law.
The President assented to the bill at the State House, Aso Rock Villa on Monday making it mandatory for an employed…
Economic Crisis: Reps Group Mobilise Lawmakers to Ask Tinubu to Sack NNPCL, NMDPRA Mgt
Some members of the House of Representatives are mobilising their colleagues to ask President Bola Ahmed Tinubu to audit, dissolve the Nigerian National Petroleum Company Limited (NNPCL) and Nigerian Midstream and Downstream Petroleum…
Reps Order Arrest of Ecobank MD, Probes Fraud Allegations Against Oxford Group
The House of Representatives committee on Public Petitions has ordered the Inspector General of Police (IGP), Kayode Egbetokun to arrest Chief Executive Officer (CEO) of Ecobank Nigeria over and allegation of fraudulent operations of a…
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Senate Approves ‘Windfall Tax’ on Bank Revenue
A bill seeking to impose a one- time "windfall tax" on banks' revenue earned in foreign lands has passed second readingin the Senate.
The bill titled "Finance Act (Amendment) Bill 2024 (SB.539) . According according to Sen.…
Local Governments Receive N337.019 billion as June Allocation
The Federation Accounts Allocation Committee (FAAC) on Tuesday announced it has shared a total of N1.354 trillion June revenue for the three tiers of government.
The revenue was shared at the July meeting of FAAC, held in Abuja under the…
Nigerian Economy is Doing Well- Sen Sani Musa
The Chairman Senate Committee on Finance, Senator Sani Musa (APC, Niger) has said that there are strong indicators that the Nigerian economy is doing well.
Sani stated this Monday at a meeting between the Senate and House of…
Maritime Seminar For Judges Aimed At Promoting Alternative Dispute Resolution In The Sector –…
The Executive Secretary/CEO of the Nigeria Shippers Council, Barrister Akutah Pius, has stated that the 17th International Maritime Seminar for Judges, organised by the council in collaboration with the National Judicial Institute…
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NCAA Threaten Sanctions on Airlines Involved in False Scheduling
The Nigeria Civil Aviation Authority (NCAA), has concluded plans to sanction airlines that engage in false flight schedules.
The position of the NCAA is contained in a stern warning issued to airline operators in Nigeria by the Acting…
Nigerian Workers Not Slaves But Wealth Creators- NLC President, Joe Ajaero
The Nigeria Labour Congress (NLC), has called the National Assembly to work with the committee handling the ongoing minimum wage negotiations.
The NLC President, Comrade Joe Ajaero in a message he delivered at the ongoing national retreat…