Ebonyi State Governor, Francis Nwifuru, has announced an increase in the minimum wage for civil servants in the state to N70,000. The new wage will take effect starting in September. Governor Nwifuru made the announcement on Saturday during the grand finale of the Ojiji Izhi New Yam Festival 2024. EDITOR’S PICKS: Tinubu Appoints New DSS, … Read more
Government Reassures on Pension Fund Integrity Safeguarding Workers’ Savings a Priority Responsible Investment Strategies Explored Eko Hot Blog reports that, addressing concerns, the Nigerian government categorically stated its commitment to safeguarding workers’ pension funds. In a statement, Finance Minister Wale Edun clarified, “The federal government has no intention to illegally access workers’ savings.” Editor’s Pick … Read more
Lagos Positions Itself as Africa’s Economic Hub State Guarantees Friendly Business Environment for Investments Showcases Infrastructure Projects to Attract Foreign Capital Eko Hot Blog reports that at the ongoing 2024 US-Africa Business Summit in Dallas, Texas, the Lagos State Government has extended an invitation to foreign investors, particularly those interested in Nigeria. Touting Lagos as … Read more
Eko Hot Blog reports that the Federal Mortgage Bank of Nigeria has initiated a rehabilitation process to revive about 46 abandoned housing projects nationwide. The bank said this would be achieved through a partnership with Shelter Afrique Development Bank, a pan-African finance institution that exclusively supports the development of the housing and real estate sector … Read more
Gbenga Omotosho attested to Sanwo-Olu’s resolve to bring development to Epe, which according to him, is not a place that this administration will neglect. EKO HOT BLOG reports that Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, says the Babajide Sanwo-Olu-led administration has plans of commencing housing projects and building new schools in the … Read more