Economy

U.S.–Iran conflict raises fears of medicine shortage in Nigeria

There are growing concerns among stakeholders in Nigeria’s pharmaceutical sector that the escalating conflict between the United States and Iran could trigger a shortage...

Labour demands ₦154,000 minimum wage, 120% salary increase 

The National Public Service Negotiating Council of the Organised Labour has formally demanded a ₦154,000 minimum wage, a 120 per cent upward review of...

Naira strengthens to ₦1,355/$ at official market

The naira sustained its upward trajectory on Monday, appreciating to ₦1,355/$ at the official foreign exchange market, compared to ₦1,363.5/$ recorded on Friday. Data from...

NUPRC completes pre-qualification for 2025 licensing round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has advanced Nigeria’s 2025 oil and gas licensing round to a critical stage, announcing the completion of...

Nigeria plans evacuation of citizens as Iran crisis deepens

The Federal Government on Monday said it is working out administrative procedures and the release of funds for the evacuation of Nigerians affected by...

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