Economy

Daily consumption of Premium Motor Spirit (PMS) or petrol in Nigeria has dropped drastically under one year after President Bola Tinubu assumed office on May 29, 2023. Data obtained by Channels Television from the latest report of the…
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Following the approval of ₦70,000 minimum wage by President Bola Tinubu for workers in Nigeria, labour unions in Oyo state have officially begun negotiations with the state government regarding the consequential adjustment and…
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A minimum salary of N85,000 has been approved by the Rivers State Government for the state's civil servants. During a private meeting with labour leaders and high-ranking government officials, George Nwaeke, the state's head of service,…
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A total sum of N 1.298 trillion September 2024 Federation Accounts Revenue has been shared to the Federal Government, States and the Local Government Councils. The revenue distribution was announced at the October 2024 meeting of the…
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The World Bank has warned that a further increase in the prices of Premium Motor Spirit also known as petrol may reverse the already dwindling effects of subsidy removal in Nigeria. The warning is contained in the October edition of its…
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The Nigeria Bureau of Statistics, NBS, has announced Oyo State as the most employment friendly State in the Southern part of Nigeria. In a statement made by the Commissioner for Information and Orientation, Prince Dotun Oyelade, NBS, a…
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The Chartered Institute of Bankers of Nigeria and the Body of Banks CEOs in Nigeria wish to express their concern over the persistent social media criticisms targeted at Nigerian banks. It is essential to highlight the significance and…
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The Federal Government, through the Ministry of Youth Development and the Presidential CNG Initiative recently officially launched 2,000 CNG-powered tricycles for vibrant Nigerian youths! This initiative will not only empower young…
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The Nigeria Labour Congress (NLC), on Wednesday demanded the immediate reversal of the latest increase in the pump price of petrol by the Nigerian National Petroleum Company Limited(NNPCL). A statement issued by the President of NLC,…
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The Nigerian National Petroleum Company Limited has raised its pump price of petrol in Abuja by 14.8 per cent to N1,030 per litre from N897. The latest price increase makes it the second time the petrol price has been hiked in the past…
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