Economy

The Nigeria Labour Congress has demanded N794,000 as the new national minimum wage for workers in the South West geopolitical political zone. The labour union in the South West, through the chairperson of the Lagos State chapter of the…
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House of Representatives members have proposed at least N100,000 minimum wage for workers. This is even as the House has set up an ad-hoc committee to look into modalities for the payment of a decent living wage to workers. This…
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The Federal government under the administration of President Bola Tinubu has announced that the distribution of 42,000 metric tons of grains across the 36 federation states will commence this week. This was disclosed by Sen Abubakar…
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Nigeria Customs Service, Oyo/Osun Command, has announced plans to begin the distribution of seized rice and other food items to citizens as soon as the Federal Government finalises the modalities for the exercise. Area Controller,…
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The Nigerian Customs Service (NCS) has announced a 90-day window for regularising import duties on specific categories of vehicles. The Customs said it is acting under the directive of the Minister of Finance and Coordinating Minister of…
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In the midst of Nigeria's ongoing economic turmoil, a wave of calls is surging for President Senator Bola Ahmed Tinubu to conduct a comprehensive review of the country's economic policies, drawing inspiration from Ghana's remarkable…
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Over 70 million bank customers are at risk of losing access to their accounts when the Central Bank of Nigeria’s directive on restricting accounts without Bank Verification Numbers and National Identification Numbers goes into effect.…
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Oyo state governor, Engineer Seyi Makinde on Wednesday met with stakeholders over the present food inflation being experienced in the state and the country in general with a view to finding solution to the menace. Governor Makinde who…
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The Nigeria Labour Congress (NLC) has put on hold its 2-day protest across the country. This is contained in a communique at the end of its National Executive Council meeting. The union said the objectives of the protest were achieved…
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The All Progressives Congress APC in Oyo state has taken a swipe at Governor Seyi Makinde over his lamentation against economic hardship occasioned by the removal of fuel subsidy by the federal government describing the governor's action as…
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