FG to review salaries of workers earning above minimum wage
President Muhammadu Buhari yesterday inaugurated an advisory technical committee for the implementation of the proposed N30, 000 new minimum wage for Nigerian workers.
‘Deregulation, key to attracting petroleum downstream investments’
Total deregulation of the downstream sub-sector of the country’s petroleum industry will unlock the huge private investment potential and drive sustainable growth operation-wise. These were the views of stakeholders in the industry, who are also perturbed about the huge amount of money spent by Federal Government yearly on subsidy payment for imported petroleum products. They…
Lagos gubernatorial candidates to defend manifestoes before OPS
Members of the Organised Private Sector (OPS) will on Friday, engage governorship candidates in Lagos State to discuss their economic plans, programmes and manifestoes for the State.Specifically, the Lagos Chamber of Commerce and Industry ...
‘2019 fiscal plans below expectations, may limit real sector’s success level’
Citing the various challenges encountered by the real sector in the 2018 fiscal year, operators have described the proposal for 2019 as below expectations...
Kudos, knocks as experts reminisce about Nigeria’s financial sector
As 2019 begins, some financial experts reminiscing about Nigeria’s financial sector in 2018, say it recorded positive developments but not without challenges. Some of the positive developments, they noted included the stability of the foreign exchange market; the increase in financial inclusion rate, occasioned by the emergence of finance technology firms, which facilitated the increase.…
Concerns as unemployment remains untamed
Despite acclaimed efforts by the current government to improve the economy in the past three and half years, the unemployment rate has dramatically risen.With a breakdown that shows 115.4 million unemployed Nigerians out of an estimated 190million as released by the National Bureau of Statistics ..
‘Why we are not supporting the new postal bill’
With at least N300 billion worth of investment at stake and potential job loss of at least 100,000, the Lagos Chamber of Commerce and Industry...
‘How to promote sustainable FDI inflow, infrastructure development’
As Nigeria seeks to diversify its economy, stakeholders have renewed call for government to articulate new strategies that would reposition the country to attract more foreign direct investment (FDI) and boost infrastructure.
Lagos trade fair kicks off today
The 32nd edition of the Lagos international trade fair organised by the Lagos Chamber of Commerce and Industry (LCCI), will commence today with over 500,000 visitors...
Governance index scores Nigeria, others low on economy
Some economic experts have said the 2018 Ibrahim Index of African Governance (IIAG) has affirmed the prevailing unemployment and poor economies in Nigeria and a good number of other African nations amid the huge human and natural resources on the continent.