Banks have confiscated multibillion naira worth of assets, including 79 filling stations and nine tank farms from fuel marketers as the lenders intensified collateral take-over spree in the downstream oil and gas industry.
Oil Marketers under the aegis of Major...
The Nigeria Governors’ Forum (NGF) says there is no way state governors can afford to pay N30,000 as workers’ minimum wage.
Making this known after an emergency meeting in Abuja on Wednesday night, the NGF said states would go bankrupt...
Renowned South African music superstar, Yvonne Chaka Chaka; Ugandan music activist and parliamentarian, Bobi Wine; Internationally acclaimed video and audio disk jockey, DJ Van; Nigerian music executive, Kenny Ogungbe; Ghanaian entertainment and media owner, Bola Ray; and President of...
The Senate has called on the presidency to stop blaming the National Assembly over the delay in the passage of the 2018 budget.
This came in a statement from the Minority Leader of the Senate Biodun Olujinmi on Sunday.
“The President...
The Nigerian government is deepening reforms to ease the way businesses are done in the country, according to Vice President Yemi Osinbajo.
Osinbajo said this on Thursday at the first edition of the Africa Investment Forum (AIF) in Johannesburg, South...
The presidency has denied media reports that President Buhari has endorsed the N30, 000 minimum wage proposed by the Nigeria Labour Congress NLC.
Reports were rife online last night that President Buhari after receiving the report of the Tripartite Committee...
The African Export-Import (Afrexim) bank has started a trade facilitation programme aimed at bridging Africa’s trade financing.
This was revealed by Afreximbank Executive Vice President, Business Development and Corporate Banking, Amr Kamel in a roadshow in Lagos on Monday.
“The key...
The organised labour union has cancelled the nationwide industrial action earlier scheduled to start on Tuesday to press home workers’ demand for a new national minimum wage.
Ayuba Wabba, the National Chairman of the Nigeria Labour Congress, announced the suspension...
The Federal Government and the leadership of the Nigeria Labour Congress (NLC) will continue negotiations on the national minimum wage on Sunday, in spite of a court order stopping the labour from embarking on strike.
The labour union had announced...
The Peoples Democratic Party (PDP) in a new statement alleged that for every N145 paid for a liter of fuel, the Buhari Presidency cabal diverts a hidden N58 which Nigerians have continued to pay since the fuel price was...
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