Naira Devaluation Fueling Labour’s Demands For Better Wages – Ajaero
The cost of living index determines the wages. I want you to benchmark it with probably a bag of rice which is about 84,000 naira today.
The cost of living index determines the wages. I want you to benchmark it with probably a bag of rice which is about 84,000 naira today.
▪︎Innocent Chukwuma, Chairman IVM Innocent Chukwuma is the Chairman of Innoson Vehicles Manufacturing Limited (IVML).In this interview, he shares his thoughts on the recent President Bola Tinubu’s policy direction on powering Nigeria Roads through CNG buses, among other issues. When did you transit from motorcycles to vehicles, and what motivated you to enter into the…
Upholding the FCCPC’s five-year investigation, findings, and imposed penalties, the tribunal ruled that NBC’s conduct constituted misleading practices in violation of Nigerian law.
Brazil joined the IEA Family as an Association country in 2017.
• Image : Industrial pollution/ harboursandport.com The Maritime Reporters’ Association of Nigeria (MARAN) has voiced concerns about deteriorating environmental and health conditions around major industrial zones in the Apapa and Tin Can Island axis. Haboursandport.com reports that the tenants operating in the industrial corridors include in Flour Mills Nigeria Plc, the Dangote Group, Olam Agric,…
He criticised Nigerian agencies responsible for trade facilitation, including the Federal Ministry of Industry, Trade and Investment, Nigerian Export Promotion Council, Ministry of Foreign Affairs and NACCIMA, for failing to provide adequate support to exporters facing such barriers.
MAN, in its advocacy, observed that the sustained monetary policy tightening by the CBN for more than two years has not brought down inflation.
[File photo] A Nigerian tailor at work; image credit: Bella Naija Dr Afiz Ogun, Director-General of the ITF, says 200,000 Nigerian tailors are expected to benefit from the 2026 edition of the Industrial Training Fund’s (ITF) Skill Up Artisans (SUPA) Programme. Dr Ogun said that the N3.6 billion intervention funding, launched in 2024, aims to…
Under the programme, “beneficiaries will undergo comprehensive entrepreneurship and business management training, including the internationally recognised Start and Improve Your Business (SIYB) Programme. Participants will also receive support in certification and licensing processes to enhance their professional standing and competitiveness.”
▪︎Olayemi Cardoso, Governor of CBN at the CIBN event. By Franklin Ocheneyi Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) has acknowledged that the foreign exchange restriction on 43 items it recently lifted is a trade policy which falls outside the apex bank’s mandates. “It is important to note that trade policy…