Metro

…Okays N30,000 for federal workers National Council of State has pegged the National Minimum wage at N27,000. This amount is for the least paid workers in the states and the private sector. However, Federal Government workers will take home N30,000 as their minimum wage. Advertisement The Council arrived at this decision at its meeting in Abuja on Tuesday. The Minister …

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The board of directors of Zenith Bank Plc has approved the bank’s financial results for the year ended December, 31, 2018. In a notification to the Nigerian Stock Exchange (NSE), the Company Secretary-General and Counsel, Zenith Bank, Mr. Michael Otu, said that the results was approved on January 18. “Consequent upon the approval, the said audited accounts will be forwarded …

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The International Monetary Fund (IMF) has sliced Nigeria’s Gross Domestic Product (GDP) projection for this year to two per cent, down from the 2.3 per cent it had predicted for the country previously. The fund stated this in its World Economic Outlook (WEO) update titled, “A Weakening Global Expansion,” released yesterday. The multilateral institution attributed its decision to lower the …

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Former Vice President and Presidential candidate of the Peoples Democratic Party, Atiku Abubakar has been exonerated from statement which implied that 30 accused persons are working for President Muhammadu Buhari, saying it was a personal opinion of the author which the media erroneously ascribed to the PDP candidate. Director General of the Atiku Presidential Campaign Organization and Deputy Chairman of …

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In yet another massive intervention, the Aliko Dangote Foundation Monday officially launched a major philanthropic programme in Zamfara State, doling out food items running into several millions of naira to support victims of insurgency. The farmers-herders clash and sporadic attacks by cattle rustlers have displaced thousands, many of whom are currently seeking refuge at Maradun Local Government Area of the …

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The Acting Inspector General of Police, Mohammed Adamu, has ordered the immediate disbandment of the Federal SARS. He announced this in Abuja on Monday at his inaugural conference with Commissioners of Police and other senior officers. The SARS will now work under the direct supervision of the Commissioners of Police in all the states of the federation, the latest directive …

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Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan, said the bank’s ultimate goal in 2019 is to bring banking services to all neighbourhood in Nigeria with the view of creating 50,000 agent banking locations across the country. Akinwuntan stated this at the weekend while speaking to journalists on the plans of the bank in the New Year. Already, the bank is …

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Heritage Bank Limited, Nigeria’s most innovative banking service provider, has partnered with Vanguard Media to organise the 2019 edition of its economic discourse in a bid to achieve inclusive economic development in the country. The theme of the discourse is Human Capital Index versus Economic Growth, Nigeria’s policy options. The discourse was informed by the recent World Bank Group ranking of …

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Heritage Bank Plc has reiterated its commitment to promoting sports in Nigeria, in partnership with Para-Powerlifting Federation to host the Lagos 2019 International Para-Powerlifting Competition. The competition which about 10 countries have indicated interest to attend is billed for 24th-31st January 2019. The MD/CEO of Heritage Bank, Ifie Sekibo commended the Para – Powerlifting Federation of Nigeria for bringing the …

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The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to attract more investments to the country in a bid to further boost the economy. Acting Director General of the SEC, Ms. Mary Uduk stated this in Abuja when she received the Executive Secretary of the Nigerian Investment Promotion Commission (NIPC) …

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