US Report Says Nigeria’s ₦70,000 Minimum Wage Below Poverty Level
The United States has said that Nigeria’s new ₦70,000 minimum wage remains below the poverty income level, despite being doubled...
Tag Archives: #NigeriaEconomy
Nairaxi Backs Okonjo-Iweala’s Call for Stronger Safety Nets, Pushes Tech-Driven Transit Subsidies
Nigeria’s leading tech-powered mobility company, Nairaxi, has backed the call by World Trade Organization (WTO) Director-General, Dr Ngozi Okonjo-Iweala, for...
Peter Obi Warns of Worsening Hunger and Poverty in Nigeria
Presidential candidate of the Labour Party (LP) in the 2023 election, Mr. Peter Obi, has warned that hunger and poverty...
FAAC Disburses N1.659 trillion Revenue for May 2025 to FG, States, and LGAs
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.659 trillion as revenue generated in May 2025 to...
BDAN Reaffirms Commitment to Banking Sector Stability at 28th AGM
The Bank Directors Association of Nigeria (BDAN) has reiterated its commitment to safeguarding the stability of Nigeria’s banking sector. This...
Lagos Lawmaker Hails Tinubu’s Economic Reforms, Says Nigeria Is on the Path to Greatness
Lagos lawmaker Temitope Adewale has praised President Bola Tinubu for his ongoing efforts to rebuild and reposition Nigeria. Adewale, who...
Airtel Africa Reports $661M Pre-Tax Profit in FY2025, Reversing Previous Year’s Loss
Airtel Africa has posted a strong financial rebound in its full-year 2025 results, reporting a pre-tax profit of $661 million...
Dangote Applauds Tinubu’s Strategic NNPCL Appointments, Commends New Reform Agenda
Aliko Dangote has commended President Bola Ahmed Tinubu for appointing Bashir Ojulari as Group Chief Executive Officer and Ahmadu Kida...
NEC Approves Cotton, Textile and Garment Board, New Agribusiness Strategies
The National Economic Council (NEC) has approved the establishment of the Cotton, Textile and Garment Development Board (CTGDB) to regulate...
CBN Governor Cardoso Highlights Nigeria’s Bold Economic Reforms at IMF/World Bank Spring Meetings
At the conclusion of the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington DC, the Governor...