The Nigerian government has confirmed that the minimum wage will now be reviewed every two years,…
Category: Business
Nigeria Ranked 6th Among African Countries With Lowest Fuel Prices
Fuel prices across Africa in 2025 highlight a complex energy landscape shaped by local production, subsidies,…
Ministers Defend Budget, Subsidy Removal, and National Identity Scheme
Yesterday, three ministers addressed key issues, including the benefits of ending petrol subsidy payments, the performance…
Nigeria’s Debt Servicing Consumes Nearly Half of Expenditure
Debt servicing consumed 47% of the Federal Government’s total expenditure in the first nine months of…
Dangote Refinery Expands Crude Oil Storage
The Dangote Petroleum Refinery is increasing its crude oil storage capacity with the construction of eight…
President Tinubu Urges Expansion of China-Nigeria Currency Swap
President Bola Ahmed Tinubu has called on the Government of the People’s Republic of China to…
FG Proposes 53% Hike in 2025 Military Pensions to Address Retirees’ Demands
The Federal Government has proposed a 53% increase in the 2025 budget allocation for military retirees,…
CBN Suspends Extension of Export Proceeds Repatriation Requests
The Central Bank of Nigeria (CBN) has announced the suspension of the extension of export proceeds…
Israel’s Finance Ministry Seeks Eurobond Investors in London
According to a media report, Israeli government officials are in London this week to meet with…
Oando PLC Appoints New Chairman, Ademola Akinrele
Oando PLC has announced the appointment of Mr. Ademola Akinrele (SAN) as the new Chairman of…