No governor will dare say he will not pay. It is illegal and criminal for any governor not to pay and there is sanction in the Minimum Wage Act. If you do not pay, there are fines and if you do not pay the fine, you can be jailed – any employer, including the state governors —Issa Aremu, General Secretary, National Union of Textile, Garment and Tailoring Workers of Nigeria. PUNCH, November 26, 2019. Back page.

TOWARDS the end of the October 2019 deadline for all Ministries, Departments and Agencies, MDAs, of the Federal Government to ensure their staff were enrolled in the Integrated Payroll and Personnel Information System as directed by President Muhammadu Buhari, the battle line got drawn between the Federal Government and the Academic Staff Union of Universities, ASUU.

TAJBank, Nigeria’s second non-interest financial institution, is set to commence business from its Abuja head office today.

THE Nigerian Stock Exchange, NSE, has projected that the Consumer Goods sector of the stock market would grow by 20.4 percent to hit N454 billion by year 2025 from N377 billion in 2013.

Pope Francis on Sunday urged people to resist the excesses of consumerism in the period leading up to Christmas, calling it a virus that attacks faith and offends the needy. “When you live for things, things are never enough, greed grows, other people become obstacles in a race,” he said in the homily of a […]

THE Central Bank of Nigeria, CBN, said it would intensify policy measures to achieve $4 billion in non-oil exports revenue in 2020.

THE volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market grew by 26 per cent, month-on-month, to $5.3 billion in November from $4.2 billion in October, 2019.

FIRST Bank of Nigeria Limited has reiterated its commitment to empowering women across the country.

Prime Minister Boris Johnson said on Sunday he would strengthen prison sentences, vowing to boost security after an attack in the British capital by a man convicted of terrorism who was released early from prison. With less than two weeks before Britain heads to the polls, law and order has raced to the top of […]

THE Monetary Policy Committee (MPC) held its last meeting for the year between November 25 and 26, 2019. Having reviewed recent domestic, international and financial developments, including challenges facing the Nigerian and Global economy in the near to medium term, the Committee expectedly in a unanimous vote retained policy parameters.