Peter Ozo News Today

Stakeholders in the labour sector have continued to query the reliability of the recent figures of unemployment rate in Nigeria by the National Bureau of

Experts have attributed the sudden appreciation of the naira in the foreign exchange market last week to the interplay of different factors.

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The latest altercation between the Central Bank of Nigeria (CBN) and the Ministry of Finance, Budget and National Planning on redesigning the Naira has for the umpteenth time exposed the level of lack of coordination....

The Central Bank of Nigeria's (CBN) rate-setting arm reversed course on its stance on the country's rising inflation yesterday, raising

• Aremu says spike indicates hard year for workers The Nigerian Electricity Regulatory Commission (NERC) confirmed, yesterday, that some electricity consumers in the country would pay more for energy to reflect inflation trend and Foreign Exchange reality. That is what the Multi Year Tariff Order (MYTO) recommends for the sector. Although the MYTO for other distribution companies, apart from the Ibadan DisCo, was not released by NERC at the time of filing this report, consumer may need to g...

Nigeria Recruits 200,000 University Graduates The Nigerian government on November 20, 2016, announced that 200,000 university graduates have been retained for temporary employment and deployment to the Federal Capital Territory, FCT, Abuja and State civil services. Thisday newspaper reported that the young workers who are to begin work on December 1, 2016, are the first batch of the 500,000 university graduates to be employed by government on volunteer basis as promised by President Muhammadu B...

•Agbakoba, Utomi, Kukah, 43 others demand service chiefs’ resignation Adedayo Akinwale, Udora Orizu, Emmanuel Addeh in Abuja, John Shiklam in Kaduna, Christopher Isiguzo in Enugu and Sylvester Idowu in Warri The House of Representatives yesterday faulted the Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN), for querying its power to summon President Muhammadu Buhari. It fired back at the minister that contrary to his claim, the constitution empower...

*Call on FG to unfreeze EndSARS protesters’ accounts Emmanuel Addeh in Abuja Forty-six prominent Nigerians, including senior lawyers, clerics, businessmen, members drawn from the academia and various other professionals Thursday demanded an end to the prevailing insecurity in the country, starting with the resignation of all the service chiefs. Drawn from all parts of the country, the eminent Nigerians urged the federal government to draw a redline from the recent killing of farmers in Zarbam...