Finance

Private sector faults N100,000 minimum wage proposal

Members of the organised private sector have cautioned against expecting private sector employers to automatically adopt the N100,000 minimum wage…

3 weeks ago

Senate sets up committee to engage FG on unpaid contractors’ debts

The Senate has constituted a six-member committee to engage the Federal Ministry of Finance on the settlement of outstanding payments…

3 weeks ago

CBN targets N2.83tn cash outside banks, plans to onboard 50 million Nigerians by 2028

The Central Bank of Nigeria (CBN) has unveiled plans to bring about N2.83 trillion currently held outside the banking system…

4 weeks ago

Labour rejects N100,000 minimum wage proposal

The Nigeria Labour Congress has dismissed the proposal of N100,000 as minimum wage by the Nigeria Governors’ Forum, insisting that…

4 weeks ago

N100,000 minimum wage too low, workers deserve N1m — NLC

The Nigeria Labour Congress (NLC) has described the proposed N100,000 national minimum wage being considered by state governors as inadequate,…

4 weeks ago

EFCC moves Saleh Mamman to Kuje prison to begin 75-year sentence

The Economic and Financial Crimes Commission has transferred former Minister of Power, Saleh Mamman, to the Nigeria Correctional Centre, Kuje,…

1 month ago

Nigeria receives $187.3m US assistance amid review of aid conditions

Nigeria received a total of $187,352,312 in foreign assistance from the United States in 2026, according to updated figures published…

1 month ago

FG cancels $717.7m World Bank power loan amid electricity sector challenges

The Federal Government has cancelled $717.7 million in undisbursed World Bank financing meant for Nigeria’s electricity sector, ending the remaining…

1 month ago

NSCDC arrests suspect over alleged N3m online car fraud in Edo

The Nigeria Security and Civil Defence Corps (NSCDC), Edo State Command, has arrested a 24-year-old suspect over an alleged online…

1 month ago

CBN retains Monetary Policy Rate at 26.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate…

1 month ago