Acting Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, has said he planned…
Category: Business/Economy
Subsidy removal: TUC gives FG one more week to address demands
* Declares: We’re tired of endless meetings The Trade Union Congress (TUC) has given the Federal…
NNPC fires all management staff with less than 15 months to retirement
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its management staff with less than 15 months to statutory…
Embarrassment for Adelabu as national power grid collapses again
Nigeria’s national grid collapsed again on Tuesday, forcing power generation down from a peak of 3,594.60…
AMCON gives Arik Air owner condition to recover airline
The Chairman of Arik Air, Johnson Arumemi-Ikide, has been told to provide a suitable debt recovery…
Nigeria in revenue crisis with huge public debt, new FIRS boss Adedeji, cries out
The new Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, said on Monday…
Naira-to-dollar exchange rate up by N17 in official window, hits N960 in black market
The United States Dollar (USD) recovered on Monday to close high at N773.98/$1 in the investors’…
FG, NLC meeting ends without concrete resolution to union’s demands
The meeting between the Federal government and the Nigeria Labour Congress (NLC) to avert an imminent…
Minister bemoans effects of strikes on economy, as meeting with NLC begins
The Minister of Labour and Employment, Simon Lalong, has lamented that past industrial actions by labour…
Landlord on the run as 500 rooms building collapses in Lagos
At least two persons are currently battling for their lives at a private hospital after a…