Economy

The Nigeria Labour Congress (NLC) has rejected the salary increase announced by the Bola Tinubu-led administration on Tuesday, April 30, 2024.     According to Politics Nigeria, the federal government approved a pay rise of between 25 and 35 per cent for civil servants across various consolidated salary structures. The announcement was made …

The Federal Government has approved an increase of between 25% and 35% in salary Increase for Civil Servants on the remaining six Consolidated Salary Structures The Salary Structure is the Consolidated Public Service Salary Structure (CONPSS), Consolidated Research and Allied Institutions Salary Structure (CONRAISS), Consolidated Police Salary Structure (CONPOSS), Consolidated Para-military …

FCCPC enforces prices in Nasarawa markets The Federal Competition and Consumer Protection Commission is persisting with its price monitoring initiative across local markets with a visit on Friday to Masaka market in Nasarawa State. This action is part of the commission’s broader campaign to enforce compliance with pricing, quantity, and …

“Don’t ask for more than one sachet of pure water in someone’s house or shop, A sachet of pure water now is N50” – Daniel Regha advice Nigerians following increase in price of sachet water. Popular Nigerian social media commentator, Daniel Regha has shared a piece of advice to Nigerians via his …

Organised labour, comprising the Nigerian Labour Congress and Trade Union Congress, has demanded N615,000 as the new minimum wage for workers in the country.   Organised labour, comprising the Nigerian Labour Congress and Trade Union Congress, has demanded N615,000 as the new minimum wage for workers in the country. An …

The Economic and Financial Crimes Commission (EFCC) says it has recovered N30 billion from the investigation of Betta Edu, suspended minister of humanitarian affairs. On January 8, President Bola Tinubu suspended Edu and directed the EFCC “to conduct a thorough investigation into all aspects of the financial transaction” involving her ministry. The …

Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The loan is part of a larger $3.3bn prepayment facility arranged by Afreximbank, with repayment terms tied to crude cargoes from the Nigerian National Petroleum Company Ltd. According to Bloomberg, Afreximbank’s …

Hilarious reactions have trailed a clip that was shared on Instagram, which captured a lady showing off the content of the peanut she bought for 100 naira. The lady who noticed that the pack felt full but the contents in it were little, out of curiosity counted the content in the …

A Nigerian man has drawn the attention of netizens after showing his unique approach to saving fuel in the midst of the country’s economic challenges. In a video that has since gone viral, the man can be seen wearing nothing but a towel as he attempts to turn on his …

130 farmers killed in four Benue LGs, 28 in Sokoto, sorghum production falls by 90% in Borno Benue farmers lose N1.1bn to attacks, Sokoto growers pay N3bn ransoms, N5m paid in Delta No fewer than 165 farmers have lost their lives to attacks by bandits, who have hindered access to …