•Minister meets with the NLC President, Joe Ajaero in Abuja The federal government has said the wage award of N35,000 for January and February 2024 is being processed. Earlier, the Trade Union Congress (TUC), an arm of the organised labour, had accused the federal government of not being serious about implementing the agreement signed with [&h...
The Senate today, Wednesday, February 21, screened nominees for membership of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). President Bola Tinubu had last week forwarded to the Senate for confirmation, the names of nominees for appointment as MPC members, reports The Nation. During the session, the Senator Tokunbo A...
The Manufacturers Association of Nigeria (MAN) has raised concerns about the increasing difficulties in the country. Speaking on Channels TV today monitored by The Frontier, Segun Ajayi-Kadir, Director-General of the association, described the situation as “particularly difficult” and one where many are questioning if it is even worth staying ...
•Nigerian Senate and Tinubu The Senate today, made a resounding plea to the Tinubu-led federal government, urging it to refrain from eliminating the electricity subsidy, particularly in light of the prevailing hardships experienced across the nation. The Senate’s stance emerged following a thorough deliberation and subsequent endorsement of a ...
•Bags of cement Developers in the built industry have rejected the agreement reached between the federal government and cement manufacturers. At the meeting, it was resolved that prices of cement will be reduced to between N7,000 and N8,000. In an exclusive interview with our correspondent, the President of the Real Estate Developers Associati...
The naira yesterday slid further at the parallel market in spite of the clampdown the federal government ordered on foreign exchange market speculators. Bureau De Change (BDC) hubs were raided in Abuja, Lagos and Kano and some operators were arrested, reports Daily Trust. Despite the raids, however, the naira plunged further with a dollar exch...
•Peter Obi National leader of the Labour Party (LP), Peter Obi has called on President Bola Tinubu-led federal government to end the inconsistency in duty charges as it is affecting the general business atmosphere in the country. Obi, in a post yesterday via his verified X handle, opined “such arbitrary charges will obviously lead to […...
•Tinubu The Nigeria Employers’ Consultative Association, NECA, has advised the federal government to eschew pride and review the removal of fuel subsidy and the floating of nation’s currency, the naira, warning of looming unemployment crisis, particularly with the current harsh economic situation. 4 NECA’s position came on a day oil marketers,...
The Kano State Public Complaint and Anti-Corruption Commission said yesterday that it had unsealed the 10 warehouses sealed last week for alleged hoarding of foodstuffs. The chairman of the commission, Muhyi Magaji, told our correspondent in a telephone interview that the owners of the warehouses had shown up and they were directed to open and...
•Buhari Senators yesterday bemoaned that the borrowing culture of President Muhammadu Buhari’s administration is behind the current economic hardship faced by Nigerians. They have also moved to probe the N22.8 trillion ways and means advances extended by the Central Bank of Nigeria (CBN) to the federal government under former President Buhari...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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