Economy

Executive Chairman, Oyo East Local Government, Prince Saheed Arowosaye has said the remarks by Oyo assembly lawmaker, Hon. Olorunpoto Cephas that the electrification aspect of the Akesan Market reconstruction contract was not fully executed…
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Ahead of the May 1, 2024 Workers’ Day celebration, the Nigeria Labour Congress, NLC has listed 7 fresh demands to the Federal Government. Apart from the known demand for a new minimum wage by the NLC, the union is now demanding for the…
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A total of N1.123tn has been disbursed to the federal, state, and local governments for March 2024. The allocation by the Federation Account Allocation Committee, derived from a gross total of N1.867tn, marks a critical distribution of…
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Oyo state Governor, Engr. Seyi Makinde has approved the upgrade of the Agodi Gardens, Ibadan to an international Botanical gardens tourist center. The approval was part of his efforts to use Tourism to boost the state's economy,…
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Organised labour, comprising the Nigerian Labour Congress and Trade Union Congress, has demanded N615,000 as the new minimum wage for workers in the country, Sunday PUNCH has learnt. An impeccable source, who is an executive of organised…
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Oyo state house of assembly has engaged cooperative societies in the state in a stakeholders' consultative meeting to form an action plan for enhanced productivity of the societies. The meeting which was organized by the house committee…
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The Central Bank of Nigeria has again announced the sales of dollars to Bureau De Change operators. It disclosed this in a circular uploaded to its website on Monday. The apex bank said it is set to sell $10,000 to each BDCs at…
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Ibadan Electricity Distribution Company (IBEDC) has revised its consumer classification following NERC’s tariff adjustment. Recall that the Vice Chairman of NERC, Musliu Oseni, during a press conference held in Abuja on Wednesday, 3rd of…
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An increase in the electricity cost for users classified as Band A has been approved by the Nigerian Electricity Regulatory Commission. Musliu Oseni, the Vice Chairman of NERC, announced that customers will henceforth pay N225 on…
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My dear President and my fellow Nigerians, As we solemnly celebrate this Easter Sunday, a time of reflection and renewal, let us not forget the challenges that we face as a nation. The hardships that many of our people endure - hunger,…
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