Economy

Residents of Ibadan have continued to express worry on the deadline given by the Central Bank over the validity of the old naira notes for transaction. Newsmen who visited some Automated tellers machine in Ibadan reports that the…
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The Central Bank of Nigeria has cautioned supermarkets and commercial outlets to desist from indiscriminate rejection of old naira notes before the January 31st deadline. The Branch Controller, CBN, Ibadan Zone, Mrs. Olufolake Ogundero…
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Four out of the six ships that had arrived at Lagos ports, according to the Nigerian Ports Authority (NPA) on Thursday, were waiting to berth the petroleum commodity. In addition, NPA said base oil was also being transported by other two…
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Residents of ibadan have appealed to Central Bank of Nigeria, CBN, to ensure that the National domestic card scheme is well secured to prevent holders from being defrauded. One of them who is An automated teller machine, ATM, card user…
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The National Salaries Incomes and Wages Commission says it has initiated process for the review of the National Minimum Wage. NSIWC’s Head of Public Affairs, Mr Emmanuel Njoku, said this in a statement on Sunday in Abuja. Njoku said…
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President Muhammadu Buhari has signed the 2023 Appropriation Bill into law. President Buhari signed the 2023 transition budget on Tuesday at the Council Chambers of the Presidential Villa, Abuja, in the presence of Vice President Yemi…
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The Federal Government stated on Friday that, contrary to previous reports, the peculiar allowances of both civil and public servants are what are being reviewed. Olajide Oshundun, Head/Deputy Director of the Federal Ministry of Labour…
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The governor of Ekiti State, Mr. Biodun Oyebanji, has signed the 2023 Appropriation Bill for N113,600,000,000.00, into Law, as voted by the state house of assembly, praising the legislators for their strong and cordial relationship with the…
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To lessen the effects of growing inflation, the Federal Government will soon state its position on raising civil servants' salaries. Dr. Chris Ngige, Minister of Labour and Employment, made this known over the holiday. Dr Ngige…
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Oyo State Governor, 'Seyi Makinde, on Friday, signed the State's 2023 Appropriation Bill, christined, "Budget of Sustainable Development" into law in Saki, Oke Ogun zone of the state. The governor, who assented to the bill at the…
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