Countries without crude oil better off than Nigeria —IMF The International Monetary Fund (IMF) on Thursday announced that oil-dependent economies like Nigeria’s continued to perform worse than countries dependent on other exports. According to the organisation, the trend has been on since the crash in oil prices in 2014. The IMF disclosed this in its policy paper on macroeconomic developments and prospects …

Ikpeazu inaugurates minimum wage committee, restates commitment to pay Abia State Governor, Dr Okezie Ikpeazu, has inaugurated the Joint Negotiation Committee on the Implementation of the New Minimum Wage with a charge to work out modalities that will make it seamless for Government to implement its payment to workers. While inaugurating the 16-man committee which has the State Head of …

Presidency: We Are Not Bothered About US, UK Reports On Human Rights Abuse. Femi Adesina, presidential spokesman, says as a sovereign nation, Nigeria is not bothered about the reports from the United States, United Kingdom and European Union as regards “abuse of human rights” . Recently, the international community has expressed concern about the situation in Nigeria, condemning the detention …