President Muhammadu Buhari has signed the new National Minimum Wage Bill into law.
Nigerian Customs Service Set To Recruit 3,200 Officers And Men
The Nigerian Customs Service (NCS) from today 17th April 2019 has begun a process of recruiting about 3,200 personnel to occupy existing vacancies within the service.
Remove Fuel Subsidy IMF Advises Nigeria
The Managing Director, International Monetary Fund (IMF), Mrs. Christine Lagarde, has on Thursday advised the Federal Government to end spending on fuel subsidy and instead expend such money on education, health and infrastructural development.
Inflation Falls To 11.25% in March – NBS
The Nigeria Bureau of Statistics (NBS) in its monthly evaluation for consumer price index, (CPI) which measures inflation disclosed that the figure depreciates to 11.25 per cent (year-on-year) in March 2019, This is 0.06 per cent points lower than the rate recorded in February. On a month-on-month basis, the Headline index increased by 0.79 per cent in March 2019, this is 0.06 per cent rate higher than the rate recorded in February 2019 (0.73) per cent.
Ibrahim Appointed as the New CG Federal Fire Service
President Muhammadu Buhari has approved the appointment of Mr. Liman Ibrahim as the new Controller-General (CG) of the Federal Fire Service (FFS). Daily Post reported. His appointment followed the retirement of Mr. Joseph Anebi, the former fire service boss.
Presidency Clears Air On Special Economic Zones Project
Following the misinterpretation of government's plan on the Special Economic Zones (SEZ), the presidency in a swift reaction has revealed that the President Muhammadu Buhari's administration is working to fast-track Nigeria’s industrial development through the SEZ.
CBN To Support Mobile Money Operators With ₦500 Million
Access to financial services in Nigeria is usually accompanied with some gridlocks. To mitigate the situation, the Central Bank of Nigeria (CBN) has said it will incentivize Mobile Money Operators (MMOs) and Super Agents with the financial support of up ₦500 million.
Federal Govt Debunk Plan To Remove Fuel Subsidy Soon
The Federal government has cleared the air on its stance over alleged removal of fuel subsidy, saying it has no plan to remove the subsidy soon. The Minister of finance, Zainab Ahmed disclosed this on Sunday while briefing Nigerian delegation after holding a meeting with investors and institution at the IMF/World Bank meeting in Washington DC.
Budget Report: Senate Set Thursday As Deadline for Submission
Senate president Bukola Saraki has today set Thursday as a timeline for appropriation committee to submit the 2019 budget report. Sunny Ogbuoji, the vice chairman of the appropriation committee revealed that only 24 out of the 61 sub-committee have so far submitted their reports.
Elumelu to IMF: Give Us an Option to China Loan
Chairman of Heir Holdings, Tony Elumelu has on Friday blow hot over a statement credited to IMF on Nigeria taking China loan. Elumelu demanded that the International Monetary Fund (IMF) to provide other alternatives to Nigeria as they have warned the government on China loan.
Nigerian Minister of State for Petroleum, re-elected APPO President
Nigeria’s Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has been re-elected the President of the African Petroleum Producers’ Organization (APPO), for the year 2019. In a statement signed by the Deputy Director,