[BREAKING] Tinubu agrees to increase proposed N60,000 minimum wage
President Bola Tinubu has agreed to increase the proposed new minimum wage of N60,000 after labour unions embarked on an
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Economics
Flour Mills of Nigeria begins exports to neighbouring countries
Flour Mills of Nigeria, a food and agro-allied company, said it had started exporting its products to neighbouring African countries,
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Nigeria’s foreign reserves surpass one-month high
After plunging to $32.1 billion in April, Nigeria’s foreign reserves have risen to the highest in more than a month.
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Nigeria’s economic growth slows to 2.98% in Q1
Nigeria’s economy grew at a slower pace in the first three months of this year compared to the previous quarter,
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NAFDAC to destroy N50m alcohol in illegal Lagos factory
The National Agency for Food and Drug Administration and Control (NAFDAC) has said it will destroy products worth N50 million
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Nigeria’s inflation seen jumping to 34.25% on petrol scarcity
With the return of petrol scarcity in several parts of Nigeria last month, the inflation rate is expected to accelerate
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Nigeria’s wobbly customs duty exchange rate raises concerns
The frequent changes in the customs duty exchange rate in Nigeria have become a huge burden on the business community,
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Transcorp Hotels exits Calabar business
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has announced the divestment of its 100 percent interest in
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IMF sees turnaround in investor appetite for Africa
The International Monetary Fund has said it sees a turnaround in investor appetite for Africa after years of turmoil. Daniel
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Nigerians dominate 100 most influential Africans 2023 list
New African magazine has released its annual listing of the 100 Most Influential Africans of 2023. The list celebrates the
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