Business

Federal Govt announces date to unveil new minimum wage for workers

The federal government of Nigeria has declared that starting in 2024, workers would be entitled to a new minimum wage.…

1 year ago

Naira scarcity: CBN reveals those hoarding banknotes

A few days before Christmas, the Central Bank of Nigeria, CBN, warned Point-of-Sale operators and Deposit Money Banks not to…

1 year ago

Naira gains on the black market but falls at the official window

The Nigerian Naira saw a small decline in value relative to the US dollar in the official Nigerian Autonomous Foreign…

1 year ago

Nigeria’s unemployment rate rose to 4.2% in Q2 2023 – NBS

According to the National Bureau of Statistics (NBS), Nigeria's unemployment rate increased from 4.1% in Q1 2023 to 4.2% in…

1 year ago

Bread prices to rise by 20% in January 2024 – Nigerian bakers

Again, due to economic hardship, bread prices in Nigeria are expected to rise by 15% to 20% in January 2024.…

1 year ago

NGX records marginal gains as investors wind up for yuletide

The week began well for trading at the Nigerian Stock Exchange Limited, with the All-Share Index closing at 72,404.91 points,…

1 year ago

Fears about banks’ declining deposit levels rise as Naira becomes scarce

Due to a lack of cash, the Standing Deposit Facility of Nigerian banks decreased by 18%, from N2.94 trillion in…

1 year ago

FG warns Nigerians against fake palliative websites

The increasing number of fake websites for the delivery of palliative care across the nation has alarmed the federal administration.…

1 year ago