The N22.7 trillion printed by the Central Bank of Nigeria through Ways and Means overdraft for the federal government from 2015 to 2023, under former President Muhammadu Buhari, landed Nigeria into hyper inflation bedeviling it now, said the Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun. Wale …
Read More »Daily Archives: March 7, 2024
Elon Musk plans removal of likes, repost from X over content cluster
The Chief Executive Officer of X, Elon Musk, has said that he may remove likes and reposts from the X platform. He disclosed this during his appearance at the Morgan Stanley technology, media, and telecom conference on Wednesday. Musk revealed that his social media platform X is contemplating the removal …
Read More »S’West NLC demands N794,000 minimum wage as Adeleke seeks negotiation
The Nigeria Labour Congress on Thursday demanded N794,000 as the new national minimum wage for workers in the South West geopolitical zone. The union made the demand during her presentation at the a public hearing of the Tripartite Committee on National Minimum Wage in Ikeja, Lagos on Thursday. The Southwest …
Read More »Reps seek 2024 budget review over exchange rate
Following the free fall of the naira in the past few months, the House of Representatives has called for a review of the 2024 budget projections. The call was raised during the plenary session on Thursday. The lawmakers adopted a motion on a matter of public urgent importance titled, “Need …
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