NECA Criticizes Plan To Borrow N2trn Pension Fund   The Nigeria Employers’ Consultative Association has condemned moves by the Federal Government to borrow N2tn from the Pension Fund. The government had indicated the intention to borrow from the fund to augment infrastructural development in the country. NECA said...

NECA Urges CBN To Charge N25 For N100,000 Transactions   The Nigeria Employers’ Consultative Association has urged the Central Bank of Nigeria to include transactions between N50,000 and N100, 000 among that attract N25 charges in consideration of lower income earners in the society. The Director General,...

Stipend: NECA Demands Data Of Unemployed Nigerians   The Nigeria Employers’ Consultative Association has expressed concern at the recent resolution by the Senate to the effect that government should start paying stipends to unemployed Nigerians till they are able to get any kind of employment. Though the...

NECA Lauds CBN Over 60% LDR   Nigeria Employers’ Consultative Association (NECA) has applauded the Central Bank of Nigeria (CBN) over it directive to the commercial banks to maintain a minimum Loan Deposit Ratio (LDR) of 60 per cent. The body said this will aid the...

MAN, 2 Other Bodies Caution FG Against Border Closure   The Manufacturers Association of Nigeria and the Lagos Chamber of Commerce and Industry have called on the Federal Government not to allow the closure of the Nigeria-Benin border to jeopardise the business of entrepreneurs on that...

NECA, LCCI, Fault Presidential Directive On Food Importation   The Nigeria Employers’ Consultative Association and the Centre for Social Justice say the directive by President Muhammadu Buhari to the Central Bank of Nigeria to withdraw foreign exchange for importation of food is coming at a wrong...