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Nigeria Labour Congress, NLC, yesterday alleged of plans by the Federal Government to scuttle the implementation of the N56,000 new minimum wage submitted to it. Labour, comprising NLC and the Trade Union Congress of Nigeria, TUC, had on April 26, 2016, proposed a new minimum wage of N56,000. The unions ...

Exporters of perishable cargo and vegetable claimed they lost about N100 million to the recent closure of the export warehouses of the Nigerian Aviation Handling Company, NAHCO, and the Skyway Aviation Handling Company, SAHCOL. The government had closed the two warehouses over the alleged housing of donkey skins from Kenya ...

Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON) has decried the poor compliance of banks to the sale of foreign exchange to its members and also solicited Central Bank of Nigeria’s (CBN’s) intervention on the issue. Gwadabe said, in a telephone interview, that only about nine ...

Presidency hopes peace move sincere Army deploys more troops, tanks Ijaw youths advise govt not to use force There is good news from the Niger Delta. The militants whose attacks have caused a huge dip in Nigeria’s oil exports, forcing the economy into a big crisis, said last night that ...

FACTS AND FIGURES •Forex inflow $5.89b •Forex outflow $6.09b •Banks’ assets/liabilities $31.23tr •Non-oil export dropped 20.4% •Inflation rate 16.5% Federal Government retained revenue for the second quarter of this year stood at N677.88 billion, the Central Bank of Nigeria (CBN) Economic Report for the second quarter released yesterday said. According ...

•Governor signs Anti-Grazing Bill into law EKITI State Governor Ayo Fayose yesterday signed a bill to regulate grazing, into law, with a warning that any herdsman caught with arms will face charges of terrorism. The governor said the law would curtail activities of suspected herdsmen, who move about with firearms, ...

The Africa Union (AU) has indicated its willingness to partner the National Youth Service Corp (NYSC) in skills acquisition for youths in Nigeria. The AU Envoy in Nigeria, Dr Tunji Asaolu, gave the indication on Monday in Abuja when he paid a courtesy visit to the Director- General of NYSC, ...

The Vice President, Prof. Yemi Osinbajo, on Monday called on both local and foreign investors to be committed to the country’s economic development, especially in the payment of taxes as required. Speaking at the 5th International Mining Investment Conference (IMICON) and Exhibition in Abuja, Osinbajo emphasised the need for investors ...

O novo diretor da Comissão de Valores Mobiliários, Henrique Machado, apresentado hoje (29), no Rio de Janeiro, ao mercado de capitais, ressaltou o momento que o país está vivendo de retomada do crescimento, que aponta para a presença positiva do mercado de capitais como fonte de investimento para obras de ...

A moeda fechou a R$ 3,232Arquivo/Agência Brasil O dólar teve teve forte queda, e a Bolsa de Valores de São Paulo (Bovespa) subiu nesta segunda-feira (29), dia em que a presidenta afastada Dilma Rousseff apresentou sua defesa no julgamento do processo de impeachment no Senado. O dólar comercial fechou vendido ...