Subsidy Removal: Incoming Administration to Continue Palliative Struggle - FG
The Minister of Labour and Employment, Dr Chris Ngige, has observed that the incoming administration of Bola Tinubu will bear the brunt of providing palliative measures for millions of Nigerians ahead of the discontinuance of...
FG Stops NLC’s Planned Nationwide Strike - Ngige
The Minister of Labour and Employment, Dr Chris Ngige, has revealed that he was positive that the planned nationwide strike by the Nigerian Labour Congress would not hold.
This, he explained, was because the Federal Government had intervened...
Outliers Nigeria Becomes Portfolio Company of US Silicon Valley Institute
A newly-formed enterprise, Development Outliers Nigeria Limited, has been ranked as the second best startup by the American Founders Institute in Abuja.
With the recognition, the Outliers has become a portfolio company of Silicon Valley’s Founders...
Mobile Subscriptions Witness Surge of 226.84 Million
Mobile subscriptions have risen by 4.61 million to hit 226.84 million in 2022, according to new industry statistics from the Nigerian Communications Commission.
This follows the trend of sustained growth in the telecommunications sector that has been recorded since...
Commodity Terms of Trade Declines by 0.55 Basis Point - NBS
The National Bureau of Statistics (NBS) said that all commodity terms of trade (ToT) fell by 0.55 basis points in the fourth quarter of 2022 (Q4’22).
The ToT declined by 0.50 point in the preceding...
Bank Credit to Govt Rises by N28.43tn in Q1
The Central Bank of Nigeria has revealed that banks’ credits to the government rose by N3.77tn in the first two months of 2023.
Its stated that the total government credit which ended December 2022 at N24.66tn rose...