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News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
News

President Tinubu: Nigeria Will Pay What It Can Afford in Minimum Wage

Nigerian President Bola Tinubu emphasizes that the country will adhere to a minimum wage that aligns with its economic capabilities, stressing a balanced approach to wage adjustments amid economic challenges
News

Governors Reject Proposed ₦60,000 Minimum Wage

Nigerian governors reject a proposed increase in the minimum wage to ₦60,000 ($133), citing concerns about financial sustainability. Labor unions remain adamant about a significant hike, leaving the federal government to mediate a solution.
News

Labor Unions Demand NAFDAC Chief’s Suspension Over Alcohol Ban

NLC and TUC lead protests against NAFDAC's alcohol ban, demanding the suspension of its Director General, citing economic damage and favoritism toward multinational corporations.
News

FG Proposes N35,000 Wage Boost Amid Labour Reevaluation

In a bid to prevent the planned indefinite strike set to start tomorrow, the...
Politics

Nigerian Workers Get Six-Month Pay Rise Amid Fuel Subsidy Removal

Nigeria’s President Bola Tinubu has announced a provisional wage increase of N35,000 for all...

Latest articles

News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.