months after the minimum wage was officially signed by President Muhammadu Buhari, nine states of the federation have yet to implement the new minimum wage
Category: Business
NNPC refineries may never work again — Dangote
The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and Kaduna refineries functioning again. Dangote
Autonomy : How Govs collected N4.5tn LG funds in one year after S’Court ruling
LGs yet to open CBN accounts •Labour blames govs, AGF for delay •Falana, SANs accuse govs, FG Exactly one year after the Supreme Court granted
Naira rises to N1,570/$ in parallel market
By Elizabeth Adegbesan The naira yesterday appreciated to N1,570 per dollar in the parallel market from N1,580 per dollar on Wednesday. However, the Naira recorded
Mobile court on standby, as street traders clash with Kwara govt
By Demola Akinyemi, Ilorin What looks like a pitched battle is raging between traders on the streets around the Oja-Oba Market in Ilorin, Kwara State, and the
Region 7 Chairperson Prince F.A.B Adenekan appreciates District Governor 404B-4, charges Lion members on unity, membership drive
The Region 7 Chairperson of Lions Club International Nigeria District 404B-4, Prince F.A.B Adenekan PMJF, NLCF, FICAN has appreciated the District Governor, Lion (Pharm.) Adebowale Afolayan
AMCON sells IBEDC for N100bn
By Udeme Akpan The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion. AMCON’s
US court jails France-based Nigerian 41 months for $8m fraud
A France-based Nigerian, Newton Ofioritse Jemide, who was extradited to the United States over his involvement in an $8m disaster fraud, has been sentenced to
How Three masqueraders landed in prison for flogging Enugu residents
An Enugu Magistrate Court has remanded three masqueraders for allegedly assaulting and infliction bodily harm on members of the public during the celebration of Oriokpa
Dangote urges ‘Africa First’ policy, condemns import dependence, capital flight
Africa’s richest man, Aliko Dangote, has made a compelling case for a protectionist, “Africa First” industrial policy, arguing that the continent’s sustained reliance on imports
