Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
RMAFC wants laws establishing Finance Ministry, FRSC, NIMASA, 29 others repealed
THE Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) wants the laws establishing the Federal Ministry of Finance, Nigeria Maritime Administration and Safety Agency (NIMASA), Federal Road Safety Commission (FRSC) and 29 revenue generating agencies repealed.
NASME laments inability to access N220bn intervention fund
Nigerian Association of Small and Medium Enterprises (NASME) has lamented inability of the micro, small and medium enterprises, MSME sectors to access the Central Bank of Nigeria’s N220 billion intervention funds, saying the bulk of the money is still in the apex bank’s vault.
Naira hits new low, exchanges for N320 per dollar
Further hit came against the Naira yesterday in the parallel foreign exchange market, despite the intervention of Central Bank of Nigeria, CBN, in the inter-bank segment.
Technology startups to enjoy tax holiday— FG
Information Communications and Technology (ICT) industry across the country are to enjoy tax holidays and special intervention funds from the federal government.
Renewed pressure forces Naira down to N315/ USD1
A renewed pressure on exchange rate surged, yesterday, at the parallel market segment, even as the Central Bank of Nigeria, CBN, window remained stable.
