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CBN Set To Retain High Interest Rates To Curb Inflation — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has maintained that the apex bank will keep interest rates high until inflation subsides by implementing orthodox policies. Cardoso made this...

New Minimum Wage Reaches An Impasse As Labour Abandons Negotiations Over FG’s Proposal of N48,000

On Wednesday, the Nigeria Labour Congress and Trade Union Congress walked away from the minimum wage negotiation following the Federal Government’s offer of N48,000, which fell well short of the unions’...

Dozens Kidnapped As Bandits Invade Village In Katsina

Reports indicate that a significant number of villagers, predominantly women and children, were abducted, and many others were left in a state of fear following an attack by heavily armed bandits...

GlaxoSmithKline To Cease Operations In Nigeria After 51 Years

A British pharmaceutical and biotechnology company, GlaxoSmithKline (GSK), has announced its plan to exit Nigeria after 51 years of operation in the country. In a statement by GSK Nigeria’s secretary, Fredrick Ichekwai,...

EFCC Arrests Bobrisky For Currency Mutilation

Idris Okuneye, better known as Bobrisky, is a cross-dresser who was detained by the Economic and Financial Crimes Commission (EFCC) for currency mutilation and abuse of naira notes. In a phone conversation...

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