MTN, BUA FOODS, CADBURY CLEAR OVERSEAS DEBTS AS DOLLAR SUPPLY RISES
According to Bloomberg, Nigerian businesses have begun to pay off their outstanding debt in US dollars. This comes after the Central Bank of Nigeria recently...
CYBER SECURITY LEVY: DESIGNED TO MILK DYING ECONOMY, WILL PUSH MORE NIGERIANS INTO POVERTY – PETER OBI
By Ajape Sefiu A. The newly imposed cyber security levy by the President Bola Tinubu-led Federal Government has been characterized as one tax too many...
MICROSOFT TO SHUT DOWN LAGOS CENTRE, OVER 200 JOBS AT RISK
Microsoft, a multinational technology company with headquarters in the United States, has thought about shutting down the African Development Center in Lagos, Nigeria. Microsoft's ADC...
NLC, TUC GIVE NERC SUNDAY DEADLINE TO REVERSE HIKE IN ELECTRICITY TARIFF
The Nigerian Electricity Regulatory Commission has been given till May 12 by the Nigeria Labour Congress and its Trade Union Congress of Nigeria counterpart to...
FULL LIST: 16 BANKING TRANSACTIONS EXEMPTED FROM NEW CBN’S CYBERSECURITY LEVY
The Central Bank of Nigeria (CBN), in a circular dated May 6, 2024, has ordered all banks to start charging a 0.5 per cent cybersecurity...
NAIRA VS DOLLAR: FG TO ENFORCE STRICTER SANCTIONS ON CRYPTO BUSINESSES
The Nigerian government plans to impose stricter rules on cryptocurrency platforms to defeat the Naira against the dollar in the foreign exchange market. This development...
FOUNDER OF SAVE A LIFE HOSPITAL CRIES OUT AFTER GETTING N25M ELECTRICITY BILL IN RIVERS
The President of Save A Life Foundation, Dr Richard Okoye, has lamented the huge electricity bill he recently got from the Port Harcourt Electricity Distribution...
BORROWING FOREIGN CURRENCY TO SUPPORT NAIRA DEVALUATION SHORTSIGHTED APPROACH — NLC
The two leading labor organizations, the Nigeria Labour Congress and Trade Union Congress, declared on Wednesday that they recognized the federal government's realization that floating...
WHY INCREASE IN MINIMUM WAGE WON’T WORSEN INFLATION – TUC
The Trade Union Congress, TUC said increasing the minimum wage for civil servants will not worsen inflation. This was stated by the president of TUC,...
APC CHIEFTAIN, EDEMA SAYS NO WORKER SHOULD SETTLE FOR N70,000 MINIMUM WAGE
A governorship aspirant, on the platform of the All Progressives Congress, APC, in Ondo State, Olugbenga Edema, has asked workers across the country not to...