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Aggressive Interest Rate Cut Will Further Impede Economic Growth, Says CBN Deputy Gov The Central Bank of Nigeria (CBN) Deputy Governor, Financial System Stability Directorate, Philip Ikeazor, has said given the poor contributio

Workers' Day: Labour Demands N615,000 Minimum Wage, Gives Deadline The organised labour yesterday urged the federal government to increase the minimum wage to N615, 000, stating May 31 as the deadline to meet demand. It

$120bn Aid: W'Bank Calls Wealthy Nations to Invest in Africa The President of the World Bank, Ajay Banga, warned wealthy countries that it would be shortsighted to "ignore" Africa at a time when development budgets are being str

Lagos-Calabar Highway: FG Commences N2.7bn Compensation Payment, Faults Landmark Title The Minister of Works, David Umahi, has faulted Landmark Group shoreline's title, stating that the shoreline never belonged to the property c

FG to Revoke Gas Licenses, Gives Fresh Conditions The Federal Government says it will stop granting licences to gas companies with no capacity to build pipelines for gas distribution. This, the government said, became n

FG Begins 15-day Emergency Fuel Supply to Curb Scarcity The Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country. As fuel sc

Pension Fund Declines 0.47% to N19.669tn in 18 Months - Report The pension fund of Nigeria has declined for the first time in 18 months after portfolio rebalancing by Pension Fund Administrators. Monthly data from the N

Edema: No Worker Should Settle For N70,000 Hon. Olugbenga Edema, a governorship aspirant from the All Progressives Congress (APC) political party in the recently concluded governorship primaries in Ondo State, is advocating for

MTN Records US$102,365 billion In Forex Losses MTN Nigeria has experienced significant financial strain as a result of the continued depreciation of the naira, reporting a net foreign exchange loss of $4,810, million in Q1 2024,