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6 Results / Page 1 of 1
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BUSINESS

Minimum wage may not be less than N100,000 – Economist

Chief economist at SPM Professionals, Paul Alaje, shares his thoughts with AYOOLA OLASUPO on some of the recent economic policies made by the Federal Government among others Recently, the Central Bank of Nigeria increased Nigeria’s Monetary Policy Rate known as interest rate from 22.75% to 24.75%. What implications will this have on the private sector? What do you think of the Central Bank of Nigeria stimulating this programme at this point? I […]

todayApril 29, 2024 5

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NEWS

Nigeria’s predicaments not solely political – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, on Sunday, said that the socio-economic as well as security challenges confronting the country require spiritual solutions. The spiritual leader noted that the nation’s political leaders appeared to have tried their best to seek solutions but that Nigeria urgently needed divine intervention. Adeboye stated these when he met the Kaduna State Governor, Senator Uba Sani, at the Sir […]

todayFebruary 12, 2024 31 1

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NEWS

Tinubu administration not responsible for economic hardship – Sanusi

Former Governor, Central Bank of Nigeria, Mohammed Sanusi, has said it is an injustice to blame the administration of President Bola Tinubu for the current economic hardship the country is facing. Sanusi said the country is battling a failing economy due to mismanaged economic policies of the past eight years. He stated this while speaking virtually on Sunday at a religious event in Abuja. He said he would not join […]

todayFebruary 12, 2024 18

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NEWS

Policemen not permitted to search citizens’ phones – Lagos CP

The Lagos State Commissioner of Police, Fayoade Adegoke, has said that no police officer is permitted to search the phones of any Nigerian. He noted that the Police Force had a cyber section responsible for that, adding that if a police officer suspected anything, they would take the person to the station so the phone could be searched. A Sunday statement by the management of Melody FM, 107.7FM, signed by […]

todayJanuary 15, 2024 2

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NEWS

Rivers crisis: My decision to embrace peace not out of fear – Fubara

Rivers State Governor, Siminalayi Fubara, has said that the decisions taken by his administration in the political crisis in the state were not borne out of fear, but for peace to reign in the state. Also, he explained that the resignation of the factional Speaker of the state House of Assembly, Edison Ehie, from his position and the legislature was in the interest of peace. Fubara disclosed this while addressing […]

todayJanuary 2, 2024 43

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BUSINESS

Nigeria not generating enough revenue to support devt – IMF

Nigeria is not earning enough revenue to support its developmental needs, the International Monetary Fund has disclosed. According to the IMF, the country’s nine per cent revenue to Gross Domestic Product ratio is very low and not enough to support the country’s social safety nets, development spending, and protect its vulnerable households. The Director of the IMF’s Communications Department, Julie Kozak, revealed this during a press briefing on Thirsday. Responding […]

todayDecember 11, 2023 51

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