Monday, March 16, 2026
Minimum wage:NLC, TUC tug Nigeria’s economic crisis edge with nationwide strikeÂ
ONOME AMUGE IN LAGOS, NIGERIA With a resolute commitment to achieving the goal of a substantial minimum wage for Nigeria’s...
Read moreDetailsRates expectations shape global currencies but to stay higher in 2024Â
PHILLIP ISAKPAÂ IN LONDON, UK Divergence in rate expectations across major economies of the world is shaping the behaviour and...
Read moreDetailsCBN revokes Heritage Bank’s operating licence over financial stability concerns
Business a.m. The Central Bank of Nigeria (CBN) has announced the immediate revocation of Heritage Bank Plc’s banking license. The...
Read moreDetailsDana Air mulls return, new fleet, talks up fresh investment
As CEO meets aviation minister L-R: Jacky Hathiramani, chief executive officer, Dana Air; Festus Keyamo, minister of aviation and aerospace...
Read moreDetailsNigeria secures $500m World Bank loan to fund DisCos
Business a.m. The federal government has secured a $500 million loan from the World Bank to finance the country’s electricity...
Read moreDetailsTax reform committee pushes N800/$ customs import duty rate
The Presidential Committee on Fiscal Policy and Tax Reforms has put forward a proposal that the exchange rate for customs...
Read moreDetailsOil slides on concerns of slowing demand, market awaits U.S stockpiles report for further direction
Business a.m. Oil prices eased on Thursday, as robust U.S. economic data signaled the likelihood of ongoing higher borrowing costs,...
Read moreDetailsShell companies step up NDDC Support, doubling remittances to $142m in 2023
Business a.m. Shell Nigeria’s subsidiaries, Shell Petroleum Development of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited...
Read moreDetailsOil trades higher as optimistic demand outlook offsets concerns over OPEC+ gathering
Business a.m. Oil prices climbed higher on Wednesday, extending recent gains as expectations of OPEC+ maintaining production cuts collide with...
Read moreDetailsPresident Tinubu signs bill restoring ‘Nigeria, We Hail Thee’ as national anthem
President Bola Tinubu has assented to the National Anthem Bill 2024 reverting to the old national anthem, “Nigeria, we hail...
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