Will Wednesday’s Fed Rate Cut Be Last One Until Summer 2026?
The latest employment report showed just 22,000 new jobs in August and unemployment at 4.3%, the highest since 2021.
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NLC Stands Firm On Nationwide Strike Amidst FG’s Independence Day Plea
In a resolute stance, the Nigeria Labor Congress (NLC) and the Trade Union Congress (TUC) have maintained that there is no turning back on their planned nationwide strike, set to begin on October 3rd. Despite last-ditch efforts by the Federal Government to
NCDMB Joins Forces With Waltersmith Refinery On Oil Industry Training For Graduates
The Nigerian Content Development and Monitoring Board (NCDMB) has partnered with Waltersmith Refining and Petrochemical Company Limited to offer young university graduates remedial training on oil and gas industry operations. The 12-month Nigerian Content NC-Remedial Training Programme kicked off on Friday, in
Abbey Mortgage Bank Shareholders Approve Capital Reduction To Unlock Future Dividends
In a move aimed at paving the way for future dividends, shareholders of Abbey Mortgage Bank Plc have resoundingly endorsed the board of directors’ proposal to reduce the company’s issued share capital by N3.541 billion. This landmark decision was made at an
NASU Mobilizes Members In Schools For October 3 Strike
NASU) has directed its state councils and branches to mobilise members in tertiary institutions across Nigeria to embark on an indefinite strike beginning from October 3, 2023
Fluenta Deploys 18 Ultrasonic Meters At Dangote Refinery For Sustainable Energy
In a move towards sustainable energy practices, Fluenta, the global leader in ultrasonic sensing technology for measuring flare gas, is set to deploy 18 ultrasonic flare gas meters at the Dangote Petroleum Refinery. This initiative comes as Nigerian authorities take a decisive
NEC Confirms $3 Billion Loan For Crude Oil To Stabilize Naira
In a significant development, the National Economic Council (NEC) has given the green light to the $3 billion emergency loan-for-crude oil secured by the Nigerian National Petroleum Company (NNPC) Limited back in August. The purpose? To bring stability to the beleaguered naira,
Dollar Surges To N810 In Official Market, Parallel Traders Maintain Rates Above N1000
In a day of wild swings, the foreign exchange market saw the dollar rate in the investors’ and exporters’ window reach unprecedented heights, hitting a staggering N810.78 per $1 on Thursday. However, it wasn’t all uphill for the dollar, as it also
Unlocking Potential Of Nigerian Real Estate: Opportunities And Challenges
Nigerian real estate market has witnessed significant growth and transformation in recent times. With a growing population, urbanization, and an expanding middle class, the demand for housing and commercial properties has increased, making real estate investment an attractive venture. According to the
NUPENG Mobilises Tanker Drivers, Petrol Station Workers For Nationwide Strike
NUPENG) has directed its members across the country to mobilise and ensure full compliance with the directive of organised labour to embark on a nationwide strike starting from midnight of 3rd October 2023.NUPENG) has directed its members across the country to mobilise
Muda Yusuf Advises CBN, Other Authorities To Create Policies That Encourage Domestic Investments In Nigeria
Chief Executive Officer of the Centre For Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has called on the Central Bank of Nigeria (CBN) and other fiscal authorities in the country to make policies that would favour an increase in domestic investments
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