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Foreign portfolio investors in massive return to Nigeria

The Central Bank of Nigeria, CBN, monetary policies may have whetted the appetite of Foreign Portfolio Investors, FPIs, as fresh inflows amounting to N120.8 billion came into the market in April 2024, recording a fourth consecutive month-on-month rise this year.

Traders shun patronage of new packaged products to sustain business

Nigerians always want to try new things, even foodstuff, no matter what the condition they find themselves in, especially in the area of packaged foodstuff, which comes in beautiful packs. Women, especially, are not left out, as they request the latest brand of seasoning spices, and noodles, among other things and, with this in mind, […]

Four hospitalized as gunmen invade Enugu community

No less than four persons with multiple gunshots have been presently hospitalized following Saturday midnight gunmen attack at Umu-Ezuboke Umualor community in Isi-Uzo local government area of Enugu state.

Armed robbers kill DJ in Abuja hotel

The FCT Police Command said on Sunday that it has commenced investigation into the killing of a Disc Jockey (DJ) at a hotel in Gwarimpa, Abuja noting that the incident followed a robbery attack.

Minimum wage: Senate refutes report of plot to seize states, LGs funds

“During my interface with some journalists, who approached me for an interview as part of activities to mark the one year anniversary of the 10th National Assembly, I did not at any point, state that the allocations belonging to States and Local Governments will be seized.”

Cash scarcity may persist

There are indications that the lingering crisis in cash circulation in the country may continue for a long time even as the Central Bank of Nigeria, CBN, plans to launch investigations.

Lukman defends el-Rufai, attacks Gov Sani, Tinubu

The immediate-past National Vice Chairman, North-west, of the All Progressives Congress APC, Salihu Moh. Lukman has told Governor Uba Sani of Kaduna state that his days in office were numbered, as he would be voted out alongside President Bola Tinubu in the next three years.

Hardship: Labour kicks as 20 states deny workers wage award

Eight months after the Federal Government commenced payment of N35,000, a wage award in addition to N30,000 minimum wage to workers, and urged state governments to replicate it, 15 states are yet to do so while seven paid briefly and stopped.

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