Eko Hot Blog reports that the presidency has refuted reports that the federal government is proposing a new minimum wage of ₦105,000 for Nigerian workers. This was contained in a statement on Thursday evening by the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga. According to him, media reports that the … Read more
Eko Hot Blog reports that the Federal Government of Nigeria is poised to unveil a new minimum wage proposal, marking a significant step in addressing the financial concerns of the nation’s labour unions. This development comes as President Bola Tinubu officially receives the detailed blueprint outlining the proposed adjustments from the Minister of Finance and … Read more
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has announced that the 294th meeting of the Monetary Policy Committee (MPC) will be held on Monday, March 25, 2024. The apex bank announced this information on its official X handle on Tuesday. The event will take place at the CBN headquarters in Abuja, … Read more
Eko Hot Blog reports that a fresh round of protests has broken out in Suleja, the commercial nerve centre of Niger State which is only a few kilometres away to the Federal Capital Territory, Abuja. The angry Nigerians stormed the streets on Wednesday, according to photographs obtained by SaharaReporters, calling on the President Bola Tinubu-led … Read more
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, is currently appearing before the House of Representatives to speak on the state of the economy. As of the time of filing this report, Cardoso is appearing before the lawmakers during plenary in Abuja and he is briefing them on the … Read more