Friday, November 16, 2018
The average improvement of Gross Domestic Products (GDP) of African countries have not been translated into sustainable economic opportunities, Mo Ibrahim Foundation says. News Agency of Nigeria (NAN) reports that the 2018 Ibrahim Index of African Governance (IIAG) was launched...
The Minister of Labour and Employment, Chris Ngige, on Wednesday, said the Federal Government and the organised labour had yet to reach an agreement on the new National Minimum Wage as being reported in the media. He said the government...
The International Monetary Fund (IMF) yesterday warned Nigeria and Sub-Saharan African economies to check rising levels of debts, diversify their revenue bases or face crisis. Nigeria’s debt profile was N22.3 trillion as at June 30, 2018. About two-thirds of the...
Government offices, banks and public schools were on Thursday closed in Lagos State as the organised labour began its strike over delay by Federal Government in concluding negotiation on a new minimum wage. The enforcement teams of the organised labour...
Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown. According to debt statistics obtained from the Debt Management Office, the country’s external debt rose from $10.32bn in June 30, 2015 to $22.08bn as of...
The Federation Accounts Allocation Committee (FAAC) said on Thursday a new revenue reporting template would soon be ready for the Nigerian National Petroleum Corporation (NNPC) and other members of the revenue sharing committee. The committee also agreed to share N715...
By Eric Elezuo Sequel to the letter written to MTN Nigeria by the Central Bank of Nigeria, alleging that the company illegally repatriated the sum of $8.1 billion, MTN has released a statement via @MTNNG saying the CBN approved the...
By Eric Elezuo The Chairman of Energy Group, Mr. Jimoh Ibrahim, is about now hosting the first ever Infrastructure Development for Africa conference in Dubai, United Arab Emirate. The conference among other important issues, is discussing modalities towards making the African...
The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The bank disclosed in its 2017 annual report released on Thursday that the figure was an increase of 45...
Nigeria’s first online newspaper/TV for entrepreneurs, make it, on Thursday announced Mr. Tony Elumelu as the winner of its maiden Entrepreneur of the month award. Elumelu is the Chairman of United Bank for Africa, Heirs Holdings, Transcorp and numerous other companies. The recognition...

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