economic challenges

29 state governors spend N2tn on travel, allowances, other expenses – Report

29 state governors spend N2tn on travel, allowances, other expenses – Report

A total of 29 state governors spent N1.994 trillion on recurrent expenditures in the first nine months of 2024, covering…

1 week ago

Kaduna govt pays ₦72,000 minimum wage to workers

The Kaduna State Government has commenced the implementation of the new national minimum wage, with the lowest-paid worker receiving a…

2 weeks ago

Audit exposes N167.59bn paid for unexecuted contracts across Nigerian MDAs

A report by the Auditor-General of the Federation has revealed irregular payments totaling over N197.72 billion across various ministries, departments,…

3 weeks ago

Nigeria retains spot as World Bank IDA’s third-largest debtor with $17.1 Billion

Nigeria's debt to the World Bank's International Development Association (IDA) has risen to $17.1 billion as of September 30, 2024.…

4 weeks ago

BREAKING: Wike approves N70,000 minimum wage for FCTA workers, includes 3-month arrears

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved the immediate implementation of the N70,000 new National…

4 weeks ago

World Bank: Naira listed among worst performing currencies

The naira has been listed among the worst-performing currencies in Sub-Saharan Africa for 2024. This is according to the World…

2 months ago

Nigeria Customs to sell seized fuel at ₦630/litre amid economic hardship

The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has announced that seized petrol in Adamawa State will be…

2 months ago

Nigeria at 64: Funke Akindele, Mr Eazi celebrate Independence Day

Renowned Nollywood actress Funke Akindele and singer Mr. Eazi have taken to social media to celebrate Nigeria on its 64th…

3 months ago

Workers to resign from jobs due to high transportation costs in the country

Recent government policy changes, particularly the sharp increase in fuel prices, are taking a toll on Nigerians. This year alone,…

3 months ago