FBN Holdings Plc has announced the departure of Mr. Tunde Hassan-Odukale as Chairman of its subsidiary, First Bank of Nigeria Ltd., following the completion of […]
Category: Economy
Economy
Governor Otti: Employment Not a Priority in Abia State
Governor Alex Otti of Abia State has stated that employing new personnel into the state’s civil service is not a priority for his administration at […]
Former Aviation Minister Hadi Sirika Granted 100 Million Bail in N2.7bn Fraud Case
A Federal High Court in Abuja has granted bail to former Minister of Aviation, Hadi Sirika, his daughter, and two others in the sum of […]
NLC President Advocates for N615,000 Minimum Wage Amidst Economic Realities
Joe Ajaero, the national president of the Nigerian Labour Congress (NLC), has clarified the rationale behind proposing N615,000 as the minimum wage to the federal […]
Presidency Denies Microsoft Office Shutdown in Nigeria
Recent reports alleging that Microsoft is closing its Nigerian office have been refuted by the presidency. The news, which circulated widely online, claimed that Microsoft […]
Nasarawa Governor Denies Governors’ Opposition to Minimum Wage, Highlights State’s Agricultural Achievements
Nasarawa State Governor, Abdullahi Sule, has refuted claims that state governors are not cooperating with the federal government regarding the new minimum wage for workers. […]
Naira Depreciates at Official Market, Records Increased Daily Turnover
The Nigerian Naira experienced a depreciation in value at the official market on Tuesday, trading at N1,416.57 to the dollar. Data from the FMDQ Exchange, […]
CBN Unveils List of Nigeria’s 44 Licensed Banks, Reveals Industry Expansion
The Central Bank of Nigeria (CBN) has disclosed a detailed list of 44 licensed Deposit Money Banks operating across the country. This announcement was made […]
Binance CEO Condemns Detention of Executives in Nigeria, Calls it a Dangerous Precedent
Richard Teng, the CEO of cryptocurrency exchange Binance, has criticized Nigeria for setting a dangerous precedent by detaining its executives as part of a crackdown […]
NNPC Assures Nigerians of Adequate Petrol Supply, Warns Against Panic Buying
The Nigerian National Petroleum Company Limited (NNPCL) has announced that it currently has over 1.5 billion litres of Premium Motor Spirit (PMS) petrol in stock, […]