Sunday, May 26, 2019

Trade War: China Hits Back At America, Jacks Tariff On $60bn US Goods

The US-China trade war escalated Monday as Beijing announced it would raise painful tariffs on $60 billion in US exports by next month, responding in kind to President Donald...

N30,000 Minimum Wage: FG To Inaugurate Implementation Committee

The Federal Government will on Tuesday in Abuja inaugurate the N30,000 new national minimum wage implementation committee, almost one month after President Muhammadu Buhari signed the bill into law.

Only 10 State Are Economically Healthy, 17 Are Dead – Viability Index Report

The Economic Confidential has released the Annual States Viability Index ( ASVI) which shows that seventeen (17) States are insolvent as their Internally Generated Revenues (IGR) in 2018 were...

Ngige Surrender To Labour, Inaugurates NSITF Board

Dr Chris Nwabueze Ngige, minister of Labour and Employment, has inaugurated the new National Social Insurance Trust Fund (NSITF) board after a two-year delay. Ngige while...

Collapse Of National Grid Curses National Black

The national electricity grid has collapsed again on Thursday morning at 5:30 am, sources in the industry have said. This is coming less than 18 hours...

Aviation Fuel (JET A1) Price Sowers, Hits N270/litre

The pump price of aviation fuel (better knows as Jet A1) yesterday sold for over N270 per litre in some airports across the country from a previous average price of...

FG Awards $3.9bn Contract For Warri Seaport

The federal government has approved the building of a new seaport in Warri at a cost of $3.9 billion. Contract has also been awarded for the...

Lack Of Finance, Power,Others Killed 130 Textile Firms – Emefiele

Mr Godwin Emefiele. the Governor of Central Bank of Nigeria (CBN), has said that no fewer than 130 textile companies have died in the country in recent times due...

NNPC, Seplat Partner To Boost Domestic Gas Supply

Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Nigeria Limited partnership is expected to deliver daily 300millon standard cubic of gas per day to the domestic market, the corporation...

FAAN Axes Gombe, Kebbi Airports Over Debt

The Federal Airports Authority of Nigeria (FAAN) has withdrawn its Aviation Security and Aerodrome Rescue and Fire Fighting personnel from Gombe and Kebbi Airports over N732 million indebtedness.