Economy

The Director of Currency Operators, CBN, Mohammed Solaja, has released a circular on Friday that contained new guidelines for Deposit Money Banks (DMBs) regarding the deposit of foreign currency notes with the apex bank. The circular was…
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The Nigeria Governors Forum has assured both Nigerians and the organized labour that the ongoing negotiations will result in a better national minimum wage. A communique released by the acting head of media and public affairs of the…
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In a significant development, the Chairman of Olorunsogo Local Government Area of Oyo state, Honorable Qozeem Olayanju has successfully restored electricity to the council secretariat after a five-year blackout. The chairman's efforts…
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Medical and health workers' union of Nigeria, Oyo state chapter has declared a seven days warning strike to press home their demands. This is contained in a letter title "Notification Of Industrial Action" issued in Ibadan by the state…
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Ogun State Governor, Prince Dapo Abiodun, has issued three Executive Orders to establish two new agencies. They are the Ogun State Mineral Resources Development Agency and The Ogun State Landscaping and Recreation Agency. In addition…
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Oyo State governor, Engr. Seyi Makinde has approved the elevation of some top civil servants as General Managers and Executive Secretaries in the State Civil/Public Service. The appointment, which was approved by the Executive Governor,…
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President Bola Tinubu says an executive bill on the agreed new National minimum wage will be transmitted to the National Assembly. President Tinubu stated this in his National broadcast on the commemoration of Democracy day in Nigeria.…
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The Organised Labour said the one-week grace period given to the Federal Government last Tuesday, June 4, 2024, would expire by the midnight of Tuesday, June 11, 2024. Labour said should the Federal Government and National Assembly fail…
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Following several hours of meeting on Friday, the Federal Government and the organised private sector have increased their offer for the new minimum wage to N62,000 from the earlier N60,000. However, the organised labour is proposing…
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Governors of the 36 states of the Federation under the aegis of Nigeria Governors’ Forum, NGF, say, the N60,000 minimum wage proposal by the Federal Government is not sustainable and cannot fly. This is contained in a statement issued by…
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