According to the Central Bank of Nigeria (CBN), many businesses have less confidence in the economy, with the Overall Confidence Index falling by 3.2 index points to 14.5 from 17.7...
Read moreDetailsThe naira is forecasted to depreciate to N1,993 against the United States dollar by 2028, posing a significant challenge to Nigeria’s pharmaceutical industry, particularly in importing essential medical devices, a...
Read moreDetailsThe Nigerian National Petroleum Company Limited (NNPCL) has stopped importing refined petroleum products and is now off-taking the product from the Dangote Petroleum Refinery and other local refineries. Mele Kyari,...
Read moreDetailsThe Naira gained on Monday, 11 November to N1,730 per dollar in the parallel market from N1,740 per dollar last weekend However, the Naira depreciated to N1,681.42 per dollar in...
Read moreDetailsNigeria Labour Congress (NLC) has directed state councils across states defaulting on payment of N70,000 new minimum to proceed with an indefinite strike from 01 December 2024. After calling on...
Read moreDetailsAccording to news reports, the cost of landing Premium Motor Spirit (PMS) has reduced by 20.34 per cent compared to the past three months indicating a drop to N971.57 per...
Read moreDetailsThe Maritime Workers Union of Nigeria (MWUN) and the Senior Staff Association of Statutory Corporation and Government-Owned Companies (SSASCGOC) have raised an alarm over the delay of pension payments for...
Read moreDetailsNigeria Deposit Insurance Corporation (NDIC) said it has started the process of selling off landed properties and chattels of the inoperative Heritage Bank, to ensure the timely declaration of liquidation...
Read moreDetailsThe Federal Government, through the Office of the Head of Civil Service Commission, has accused ministries of conducting promotion exercises for special civil servants without following due process. A memo...
Read moreDetailsThe Manufacturers Association of Nigeria (MAN) has said that the country's poorly performing energy sector has become a bane for industrial growth and positioning to create jobs and cull investments....
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