Prospects of a quick fix to the impasse over a new minimum wage dimmed yesterday as the Federal Government headed to court to stop the planned strike by organised labour. The government approached the National Industrial Court (NIC) to prevent labour from embarking on its Tuesday, November 6, 2018, industrial action. The Guardian learnt that […]

The Federal Government has disagreed with Independent Oil Marketers over N1 trillion arrears of subsidy payment claimed by the oil dealers. The government said the unpaid debt was N386 billion. But the Senate, in its resolution, had directed the Ministry of Finance to hold a meeting with the oil marketers and other stakeholders to agree […]

The Economic Community of West African States (ECOWAS), Independent National Electoral Commission (INEC) and West Africa Network for Peace Building (WANEP) have launched a mechanism to mitigate violence during the 2019 general elections. Named Electoral Violence Monitoring, Analysis and Mitigation (EMAM) project and commissioned at INEC headquarters in Abuja, the move is to facilitate and […]

With low scores and minor improvements in some key indices, the World Bank has ranked Nigeria 146th, down by a spot, as one of the countries with least difficulties in doing business. Specifically, the nation faltered in bureaucracy-busting economies, especially in the areas of property registration and insolvency resolution while minimal improvements were recorded in […]

Effective today, November 1, the Federal Government will begin a new service charge through the Treasury Single Account (TSA) on all payments to its ministries, departments and agencies (MDAs). The charges would be borne by the payer. Office of the Accountant General of the Federation (OAGF), Ahmed Idris, disclosed this yesterday in Abuja. The OAGF […]