Danger Ahead: Specialists Discuss Potential Impact of Minimum Wage Struggle

Experts Warn of Economic Perils Amid Minimum Wage Dispute Industry experts and financial analysts warn that the economy is on a difficult path to recovery, and the ongoing minimum wage agitation and reintroduction of the fuel subsidy will further complicate the prospects for early recovery. Organised Labour stated over the weekend that President Bola... Read More

MKO Abiola’s Son Debunks Conspiracy Theories Surrounding Father’s Death

Abdulmumuni Abiola: A Better Way to Immortalize My Father is to Alleviate Poverty Tell us about your mum. Who was she, and how do you describe her legacy?Alhaja Kudirat Abiola was a humble lady, born in Zaria. She had four siblings (two older brothers and two younger sisters). After she graduated from high school,... Read More

National Grid Shutdown During Strike Draws Strong Reactions From Citizens

As organized labour and workers anxiously await an update on the minimum wage struggle, reactions have continued to trail the shutdown of the national grid by the unions during the two-day nationwide strike. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) initiated an indefinite strike on Monday, demanding an increase in... Read More

Tinubu Under Legal Fire for Not Disclosing Loans Taken by Former Presidents

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu’s government for not disclosing spending details of loans obtained by former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari. The suit names the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and... Read More

EFCC Apprehend 15 Online Scammers in Abuja and Port Harcourt

Authorities Apprehend 15 Online Scammers in Abuja and Port Harcourt In a major crackdown on internet fraud, the Economic and Financial Crimes Commission (EFCC) has apprehended 15 suspected fraudsters, with 4 nabbed in Abuja and 11 in Port Harcourt. This coordinated effort is part of the EFCC’s ongoing commitment to tackling the rising threat... Read More

Legal Ruling: Multichoice Must Offer One Month Free DSTV, GOTV Service to Nigerians

Legal Ruling: Multichoice Must Offer One Month Free DSTV, GOTV Service to Nigerians In a landmark decision, the Competition and Consumer Protection Tribunal has mandated Multichoice Nigeria to provide all Nigerian subscribers on the DSTV and GOTV platforms with one month of free subscription. The ruling, delivered on Friday, June 7th, also includes an... Read More

Minister of Finance Wale Edun submits minimum wage cost to Tinubu

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted the projected cost implications of implementing a new national minimum wage to President Bola Ahmed Tinubu. On Thursday, June 6, Edun delivered the document just two days after Tinubu directed him to present a proposed new minimum wage figure along with... Read More

Tinubu Orders Immediate Cost Assessment of Minimum Wage Raise by Finance Ministry

FCT – President Bola Tinubu has issued a directive to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to prepare and present the cost implications of a new minimum wage by the end of the day. This urgent directive comes as the government seeks a sustainable and realistic figure... Read More

Breaking: Heritage Bank is Not in Distress, CBN Assures Public

The Central Bank of Nigeria (CBN) has officially addressed and dismissed the false and malicious rumors circulating on social media that suggest Heritage Bank is experiencing financial distress and is unable to fulfill its obligations to depositors. In a statement released by Isaac Okorafor, the Acting Director of Corporate Communications, the CBN clarified that... Read More