Economy

Bakers’ Association Urge FG to Probe ‘Missing’ N4.3Billion Cassava Bread Fund Released by Jonathan

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The Association of Master Bakers and Caterers of Nigeria, AMBCN, has called on the Federal Government to commence inquiry into the spending of N4.3 billion intervention fund released for the production of cassava bread by the administration of former President Goodluck Jonathan. Public Relations Officer of the Association, Musa Nura made the call in an […]

Economy

Yoruba Council of Youths Worldwide calls for Southwest Economic and Security Summit, National Dialogue with President Buhari to address Nigeria’s Challenges

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Nigeria’s Struggle For True Fiscal Federalism: The Need For A Collective Efforts Is Now. The leadership of the Yoruba Council of Youths Worldwide, YCYW, has called for concerted efforts directed at installing true federalism in Nigeria. YCYW is a coalition of all yoruba indigenous youth and student organizations in Nigeria and in Diaspora, with the […]

Economy

President Buhari assents Minimum Wage Increase Bill

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President Muhammadu Buhari has signed the ₦30,000 minimum wage proposed by labour into law. The President said payment of the new wage will commence in May in commemoration of Workers Day. In January, a Technical Advisory Committee on National Minimum Wage was inaugurated by President Buhari. The committee is headed by the Chief Executive Officer […]

Economy

Nigeria overtakes South Africa as Largest Economy in Africa

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Nigeria has displaced South Africa’s lead as the top economy on the continent with a 1.9 per cent increase gradient. According to the British Broadcasting Corporation, BBC, Nigeria has the biggest economy in Africa going by PricewaterhouseCoopers, PwC, analysis. The firm’s report, ‘Nigeria Economic Outlook - Top 10 themes for 2019,’ was released on February 18, 2019. […]