Nigerian banks have increased average prime lending rates in eight key sectors of the economy despite successive reductions in the Central Bank of Nigeria’s (CBN) benchmark interest rate, raising concerns
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President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, has defended the administration’s economic policies, claiming that food prices have fallen, foreign investors are returning and Nigeria’s financial
NLC Pushes for New Minimum Wage as Labour Leaders Say ₦70,000 Can No Longer Sustain Nigerian Workers
Nigeria’s labour movement has renewed its call for a review of the ₦70,000 national minimum wage, warning that soaring inflation and the rising cost of living have made workers’ earnings