Meeting on the ongoing negotiations on new minimum wage has been adjourned till Wednesday after the organised labour rejected the new N54,000 minimum wage proposal by the Federal Government, a highly reliable source who attended the meeting told our correspondent on Wednesday. Platinum Times Nigeria had exclusively reported that the Federal […]

Abubakar Kyari, Minister of Agriculture and Food Security has said that the country made N358 billion in cocoa export in 2023. According to him, the figure is the highest agricultural contributor to Nigeria’s gross domestic products for the period. The minister also said that the country is seeking ways to […]

Patrick Pouyanne, the chief executive officer of TotalEnergies, has said that the company is investing $6 billion in energy projects in Angola over Nigeria, citing inconsistency in policymaking in Nigeria as the primary reason for this decision. During the Africa CEO panel in Kigali, Rwanda, Pouyanne said that despite the […]

Access Holdings Plc, Guaranty Trust Holding Company (GTCO) Plc, and Zenith Bank Plc are the three listed Nigerian lenders that recorded the highest growth in net interest income in the first quarter of 2024, data compiled by BusinessDay shows. According to their latest financial statements, the net interest income of Access Holdings […]

The Nigerian government has highlighted the potential benefits of adopting Compressed Natural Gas (CNG) as a means to combat the high inflation rate, which reached 33.69 per cent in April 2024. During a stakeholders’ engagement meeting in Port Harcourt, Rivers State, the Programme Director of the Presidential Initiative on Compressed […]

Air passengers travelling through Murtala Muhammed International Airport, MMIA, Lagos, and Nnamdi Azikiwe International Airport, NAIA, Abuja, can now use free Wi-Fi, Vanguard has gathered. Special Assistant to the Minister of Aviation and Aerospace Development, Mr Tunde Moshood, on Sunday, confirmed the development. Moshood also said plans were in progress […]

The Central Bank of Nigeria (CBN) has officially withdrawn the directive earlier given to banks to enact the process of deduction of cyber security levy to be administered by the office of the National Security Adviser (NSA). This was disclosed in a circular to different categories of banks on Sunday […]

The Federal Government may cut its approximately N6.2tn yearly fuel import bill if the Dangote Petroleum Refinery begins the sale of premium motor spirit as promised by the Chairman of the Dangote Group, Aliko Dangote. Dangote, while speaking at the Africa CEO Forum Annual Summit in Kigali, Rwanda on Friday, […]

Less than three months after Nigerian Airline, Air Peace, launched its Lagos-London route, the United Kingdom Civil Aviation Authority (UKCAA) has reported the airline to the Nigeria’s Civil Aviation Authority (NCAA), over alleged violation of some aviation safety regulations. LEADERSHIP reports that Air Peace recently commenced operations to Gatwick Airport […]