
The Nigerian National Petroleum Corporation (NNPC) says it has recovered assets worth over N771 million from some marketers who under-paid for petroleum products supplied to them.
News and analysis of the national and global economy.
The Nigerian National Petroleum Corporation (NNPC) says it has recovered assets worth over N771 million from some marketers who under-paid for petroleum products supplied to them.
Cape Town was recently identified as the city that provides the best quality of life in the whole of Africa on Numbeo’s 2019 global Quality of Life Index.
The Nigeria Labour Congress (NLC) has rejected the N27,000 new National Minimum Wage adopted by the National Council of State on Tuesday.
The Nigeria Union of Teachers (NUT), has frowned at the N27, 000 minimum wage approved for Nigerian workers by the National Council of State.
There will be nationwide protest on Tuesday by Nigerian workers to press for a higher minimum wage, the Nigeria Labour Congress said today.
There is a high risk that Nigeria will cycle back into a recession in the new year if oil prices fall below $60 per barrel for any sustained period of time because growth has largely depended on the oil sector’s performance.
President of the ECOWAS Commission, Jean Claude Kassi Brou says many member-states of the sub region have not met the macroeconomic convergence criteria required for the much touted single currency for the region.
President Muhammadu Buhari has met with 36 governors in Abuja and tasked them on the need to redouble efforts in addressing infrastructure deficit in states in order to revamp the economy.
Governors are to meet President Muhammadu Buhari again to find a way out of the controversy surrounding a new minimum wage, just as Nigeria Employers’ Consultative Association (NECA) calls for the implementation in January.
Mr Ebrima Faal Senior Director, Nigeria Country Department, African Development Bank (AfDB), said the bank’s 256 million dollar initiative would support government’s effort to rehabilitate homes in the North-East.