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By Goodluck Ikiebe Nigerians have been urged to embrace the fuel subsidy removal as it is a panacea to national development . Group Chairman, Mutual Benefits Assurance and Patron Friends of Jagaban Initiatives, Dr Akin Ogunbiyi, made the appeal while…
By GNN Correspondent The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Monday night suspended their strike scheduled for Wednesday. The decision followed a meeting by the representatives of the Federal Government and the Organised Labour…
By Goodluck Ikiebe Following the directive of the Nigeria Labour Congress (NLC), to its affiliate unions to mobilise their members and be ready for a total shutdown of economic activities across Nigeria on Wednesday 7 June 2023, should the Federal…
By Goodluck Ikiebe The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without consensus The meeting began around 4pm on Wednesday at the Presidential Villa. Representatives of the Federal Government, including…
By Goodluck Ikiebe The Nigerian National Petroleum Company Limited has confirmed a new pump price regime. This was made known on Wednesday through a statement by the Nigerian National Petroleum Company Limited (NNPCL) confirming the new PMS pump price. “Nigerians…
By Goodluck Ikiebe The Central Bank of Nigeria (CBN), Governor, Godwin Emefiele, is currently at the Presidential Villa in Abuja for a meeting with President Bola Tinubu. Tinubu, whose vehicle entered the villa at 2:30 pm, inspected a parade by…
The Central Bank of Nigeria has opened up on why it raised the Monetary Policy Rate, also known as the interest rate, to 18.5 per cent from 18 per cent. In a communique from the 291st Monetary Policy Committee meeting…
The Central Bank of Nigeria’s Monetary Policy Committee MPC has further increased the interest rate by 18.5 per cent to 20.5 per cent from 18 per cent in March. Godwin Emefiele, the Governor of Central Nigeria, disclosed this on Wednesday…
The Central Bank of Nigeria has revoked the operating licenses of 132 Microfinance banks, four primary mortgage banks and three finance companies in Nigeria. The Official Gazette of Nigeria, obtained from CBN’s website, disclosed this on Tuesday. The publication stated…
Central Bank of Nigeria Building By GNN Editor The Central Bank of Nigeria has revoked the licences of 179 microfinance banks in the country, as well as four primary mortgage banks and three finance companies. This was disclosed in the…
