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Capital market operatives confident bank recapitalisation will provide economy with big boost

CAPITAL market operatives are confident that the ongoing recapitalisation of the Nigerian banking industry will provide the economy with a much-needed shot in the arm that should result in increased investment.

 

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I think President Tinubu needs to call an emergency investment summit that will come up with ways to generate £100bn unfailingly every year

Ayo Akinfe

[1] Foreign direct investment- $20bn

[2] Domestic entrepreneurs - $20bn

[3] Diaspora investment - $10bn

[4] Christian finance - $10bn

[5] Islamic finance - $10bn

[6] International development agencies - $10bn

[7] Friendly benevolent governments - $5bn

[8] Bilateral trade deals - $5bn

[9] African development agencies - $5bn

[10] Local cooperative societies - $5bn

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Unions warn that they may resume strike if there is no response to their N250,000 wage demand by tomorrow

NIGERIAN trade unions have vowed to reject an offer of a ₦100,000 minimum wage if it is presented by the federal government threatening that they may resume their nationwide strike tomorrow if an agreement on the proposed N250,000 is not reached.

 

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Labour unions call on governors who cannot pay new minimum wage to resign from office

LABOUR Unions have warned Nigerian governors who are unable to meet their civic obligations and pay workers the new minimum wage to do the honourable thing and resign from office.

 

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Government and organised labour still unable to reach agreement on national minimum wage

NEGOTIATORS looking to resolve the intractable matter of a new Nigerian minimum wage have once more been unable to reach an agreement with organised labour asking for a monthly sum of N250,000 ($170) and the federal government offering N62,000 ($42).

 

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As we continue to celebrate the 80th anniversary of the Normandy landings, I ask how can Nigeria master the discipline that pulling off such an operation required

Ayo Akinfe

[1] World War Two is one of my greatest passions ever. I forever marvel at the way it transformed industrial production, unleashed an unprecedented wave of human ingenuity, led to the integration of women into the global workforce and mechanised virtually everything we do

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Nigeria chances of making World Cup hang by the thread after another 1-1 draw with South Africa

NIGERIA'S chances of qualifying for the 2026 World Cup are now hanging by a thread after the Super Eagles could only manage a 1-1 draw with South Africa's Bafana Bafana in Uyo tonight giving them a pathetic three points from a possible nine.

 

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Nigerian Governors Forum rejects new minimum wage proposal of N60,000 a month

NIGERIA'S 36 state governors have rejected a proposal from the federal government to increase the country's minimum wage to N60,000 (£41) per annum from the current N30,000 saying they will not be able to afford it.

 

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