The Organised Labour comprising the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC), has insisted on May 31 deadline for President Bola Ahmed Tinubu to approve N615k as new minimum wage. The organised labour met today, Monday, May 20, 2024, ahead of another negotiation meeting with the federal government tomorrow, Tuesday, May 21,…
….Says only federal institutions students are immediate beneficiaries The Federal government has given a fresh update on student loan, saying only federal institutions students are immediate beneficiaries of the loan. Managing Director of Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr disclosed this while speaking ahead of the portal’s formal launch for applications on Friday, in…
Barbara Bako, Abuja. The Development Bank of Nigeria (DBN) has announced its sponsorship of the 10th edition of the Okpekpe International Road Race for the seventh consecutive year. The 10-kilometer race which is the first to be granted a gold label status in Nigeria is scheduled to take place on May 25th, 2024, in Edo…
Barbara Bako, Abuja. A total sum of N1,208 trillion has been shared to the Federal Government, States and Local Government Councils in the country by the Federation Account Allocation Committee (FAAC) for April 2024. The revenue was shared at the May 2024 meeting of the FAAC, held in Abuja. A communiqué issued by the Federation…
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) sets to explore collaborative opportunities to advance the diversification of the Nigerian economy. According to a statement signed by the commission on Thursday, the Commissioner for Insurance/CEO, Mr. Olusegun Ayo Omosehin, and his management team welcomed the members…
Barbara Bako, Abuja. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), in collaboration with the Joint Admission and Matriculation Board (JAMB), has conducted the year 2024 staff promotion exercise for officers on grade levels 14, 15, and 16 who have met the basic requirements to move to the next grade levels, 15, 16, and 17,…
By Barbara Bako, Abuja The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs) Approval-in-Principle (AIP). This was disclosed in Abuja on Wednesday, May 15, 2024, by the Bank’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, who…
Barbara Bako, Abuja The Bureau of Public Enterprises (BPE) has deny allegations surfaced regarding outstanding electricity bills owed. The Bureau made this denial in a statement signed by the head, Public Communications Amina Tukur Oathman on Wednesday. The allegations which was made in a recent publication by Leadership Newspaper had stated that BPE amongst various…
To boost ease of doing business in the mining sector, the Federal Government has launched the Nigeria Mineral Resources Decision Support System (NMDSS). Launching the system, the Minister of Solid Minerals Development, Dr Dele Alake stated that the portal underscores the commitment of the federal government to expanding access of prospective investors to necessary information…
In the early hours of Wednesday morning, an unidentified man set fire to a mosque in Laraba Abasawa, Gezawa Local Government Area of Kano State, causing significant alarm in the community. The arson attack occurred while worshippers were observing the ‘Subh’ prayer, resulting in harm to members of the community. According to reports from the…
