Governors of the 36 states of federation have agreed to pay N22,500 as the new minimum…
Month: October 2018
DPR launches VMB to promote transparency, accountability in oil, gas sector
The Department of Petroleum Resources (DPR) has launched Value Monitoring and Benchmarking (VMB) to promote transparency…
Buhari bows to pressure, orders probe of NHIS executive secretary
President Muhammadu Buhari has ordered a probe into the allegations of fraud leveled against the embattled…
NEITI clarifies distortions in reports over unremitted funds
The Nigeria Extractive Industries Transparency Initiative (NEITI), on Tuesday, stated that the $22.06billion and N481.75billion that…
Forex: Inter-bank market gets another $210m boost
Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of…
Bayelsa community accuses Shell of negligence over oil spill
A community in Bayelsa State, Agoro 1, has accused Shell Petroleum Development Company (SPDC) of neglecting…
MTN vs CBN: Court adjourns to Dec 4
A Lagos judge adjourned a hearing on Tuesday in a $10.1billion dispute between South African telecoms…
Economy will end weaker if prices rise – CBN
The Central Bank of Nigeria (CBN) Inflation Attitudes Survey (IAS) report shows that consumers are worried…
Bayelsa willing to pay N30,000 minimum wage
The government of Bayelsa State has expressed willingness to implement the N30,000 minimum wage being proposed…
No plans to raise pump price of petrol, says NNPC
The Nigerian National Petroleum Corporation (NNPC) has debunked the trending rumour of an impending review of…