News from Nigeria Economy
Stay current with all the latest and breaking news about Nigeria Economy, compare headlines and perspectives between news sources on stories happening today. In total, 529 stories have been published about Nigeria Economy which Ground News has aggregated in the past 3 months.
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Wages · NigeriaJoe Ajaero, the Nigeria Labour Congress (NLC) President, has said that N615,000 minimum wage demand is the most realistic amount. Ajaero stated this during an interview on Channels TV’s Politics Today on Thursday. The federal government had approved a pay rise of between 25 and 35 percent for civil servants across various consolidated salary structures. But the NLC rejected the increase, saying it was too low.
Fuel scarcity: Policeman guns dow…See the Story
N615,000 minimum wage demand most realistic —NLC - Daily Trust
100% Left coverage: 1 sources
Economy · NigeriaThe chief executive officer of Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf has said the frequent changes in the customs duty exchange rate have become a huge burden on the business community. He stated this in a release sent to LEADERSHIP, saying “this has led to high volatility in cargo clearing costs, worsening inflationary pressures and aggravating investment risk , especially in the real sector of the economy. “These…See the Story
Volatility Of Customs Duty Exchange Rate Hurting Economy – Yusuf
Minimum Wage · NigeriaCivil servants in Cross River State have expressed disappointment about Governor Bassey Otu’s new minimum wage of N40,000. The post C’River workers lament Otu’s N40,000 new minimum wage appeared first on The Guardian Nigeria News - Nigeria and World News.See the Story
C’River workers lament Otu’s N40,000 new minimum wage
100% Center coverage: 1 sources
Economy · NigeriaSouth Africa is set to clinch the top as Africa’s biggest economy, a forecast from the International Monetary Fund (IMF) has shown. Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year and Egypt, which held the top position in 2023, is projected to fall to second behind South Africa after a series of currency devaluations, International Monetary Fund forecasts show. The IMF’s World Economic Outloo…See the Story
South Africa to overtake Nigeria as Africa’s biggest economy - Daily Trust
100% Left coverage: 1 sources
Inflation · NigeriaWorried by the inflation of various food prices, a growing baby and toddler food solutions company, Augustsecrets, has called for a more robust agricultural policy to help drive down the accessibility and affordability of food. The firm also urged families to apply creative ways and methods to be able to manage the situation. Augustsecrets Chief Executive […] The post Firm calls for robust agric policy to curb food inflation appeared first on Th…See the Story
Firm calls for robust agric policy to curb food inflation
100% Center coverage: 1 sources
Economy · NigeriaDanish shipping company, APM Terminals-Nigeria, on Thursday, said it has a plan to invest $500 million into the nation’s economy through the maritime sector in the coming years. Recall that there have been controversy after the special adviser to the president on media and publicity, Ajuri Ngalale, said Nigeria secured a $600 million investment to expand existing port infrastructure to accommodate more container shipping services in Nigerian por…See the Story
APM Terminals To Invest $500m In Nigeria
Economy · NigeriaVice President Kashim Shettima has expressed optimism that the Nigerian economy will experience significant growth soon. Shettima stated this on Thursday in Abuja at the 2nd Chronicle Roundtable, organised by 21st Century Media Services, publishers of 21st Century Chronicle. NAN reports that the event was as part of the group’s public service enlightenment series. The Vice President implored Nigerians to be patient with the administration of Pre…See the Story
Nigeria's economy will experience significant growth soon – Shettima
100% Center coverage: 1 sources
Economy · NigeriaFormer Special Adviser to the President on National Assembly Matters, Senator Ita Enang on Thursday blamed the National Assembly for the failure of the Nigerian economy, the rising debt profile of the country and the collapse of the national currency, the naira. Enang stated this at the public presentation of Oversight Magazine dedicated to reporting events in the parliament and published by a former member of the House of Representatives, Aniek…See the Story
NASS responsible for failure of Nigeria's economy, rising debt
100% Center coverage: 1 sources