African Continental Free Trade Targets $12bn Trade In Four Years
Promoters of the African Continental Free Trade have said that the agreement has the potential to grow trade value in Nigeria to the tune of $12bn between 2023 and 2027. They said that the agreement c...
9 Dec 20221min
Labour Party Eyes N80,000-N100,000 Minimum Wage
The Labour Party says it would implement a minimum wage of N80,000-N100,000 if the party wins next year’s presidential election. The party’s Deputy National Chairman Ayo Olorunfemi said the LP is loo...
9 Dec 20221min
Nigerian Government Recovers N120bn From Proceeds Of Crime
The Federal Government says it had recovered over N120bn from the proceeds of crime following the implementation of the Proceeds of Crime (Recovery and Management) Act, 2022. It says the fund would be...
9 Dec 202258s
Nigerian Lawmakers Summon Emefiele Over Cash Withdrawal Limits
The House of Representatives has criticized the new policy introduced by the Central Bank of Nigeria which, among others, sets limits to cash withdrawals at Deposit Money Banks and other financial ins...
9 Dec 20221min
49 African Leaders To Attend US-Africa Leaders Summit
President of the United States of America, Joe Biden, has invited 49 African heads of state and the head of the African Union for a three-day US-Africa Leaders Summit. The summit, scheduled for 13-15 ...
9 Dec 20221min
Indonesia Passes New Criminal Code, Outlaws Sex Outside Marriage
Indonesia has passed a controversial new Criminal Code that includes outlawing sex outside marriage and cohabitation, in changes that critics contend could undermine freedoms in the Southeast Asian na...
7 Dec 20221min
DR Congo’s Miner Glencore Pays $180m In Latest Corruption Case
The Swiss-based mining company, Glencore, says it will pay $180m to the Democratic Republic of Congo to settle corruption claims. The agreement covers an 11-year period from 2007 to 2018. It is the la...
7 Dec 202259s
Meta Threatens To Remove US News Content If New Law Passes
Meta has threatened to remove news content from Facebook in the US. It objects to a new law that would give news organizations greater power to negotiate fees for the content shared on Facebook. Meta ...
7 Dec 202259s
