PwC predicts 30% unemployment rate by year-end

Price waterhouse Coopers says Nigeria’s unemployment rate can rise to 30 per cent by the last quarter of the year amid slow economic growth. The consulting firm, in its September…

World Bank backs FG on petrol subsidy removal

The World Bank said on Thursday that the removal of petrol subsidy in Nigeria was an important step amid the COVID-19 crisis. The bank, in its ‘Africa’s Pulse’ report entitled…

CBN warns against fraudulent loan offers, investment schemes

The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes. The acting Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a…

Review revenue allocation formula, Okowa urges FG

Governor Ifeanyi Okowa of Delta State has called for a review of the existing revenue allocation formula in favour of states and local governments to reflect the current socio-economic realities…

EQUITY FILLING STATION OFFERS PRIZE WINING OPPORTUNITY TO CUSTOMERS

THE Equity Filling station, located at number 150 Ogui Road, Njamanze bus stop, Enugu is offering a promo season encompassed with the possiblities of wining auspicious prizes. The prizes include:…

Emirates resumes Nigerian flights, UAE begins visa issuance

The United Arab Emirates has confirmed that it would begin the issuance of visas to Nigerians from Thursday (today), the Minister of Aviation, Hadi Sirika, announced on Wednesday. Sirika had…

Officials embezzled COVID-19 funds, workers didn’t get promised palliatives –NLC

THE Nigeria Labour Congress has alleged that many workers did not get the COVID-19 palliatives promised by the Federal Government, stating that the money for the programme was misappropriated. The…

79 million Nigerians extremely poor in 2018 –World Bank

Nigeria has the largest poor population in sub-Saharan Africa, with 79 million extremely poor in 2018, the World Bank said in a new report on Wednesday. The country accounts for…

SOUTH-EAST JUBILATES AS OHANEZE LAUDS BUHARI, AMAECHI OVER FUNCTIONAL SEAPORT

The Ohaneze Ndigbo Youth Council has commended the efforts of President, Major Muhammadu Buhari(rtd) and the Minister of transport, Rotimi Amaechi, in the resuscitation of the Seaport located at the…

Naira gains, exchanges for N457/$

The naira gained slightly, as it exchanged to the dollar at N457/$ at the parallel market on Tuesday. It had earlier exchanged at N465/$ a week earlier. The President, Association…