Tag: Nigeria

Policy

Nigeria increases minimum wage to USD98

Nigeria’s federal government has just approved an increment in the national minimum wage to N30,000 approximately USD98 based on the current exchange rate. The new minimum wage was agreed at after series of negotiations and threats of strike actions by the labour union. The latest development is also very significant […]

HSBC, UBS exit Nigeria on FDI drought
Global

HSBC, UBS exit Nigeria on FDI drought

Swiss investment baking giants, HSBC and UBS have exited their Nigerian operations as foreign direct investment continues to slump in Africa’s largest economy. The Swiss National Bank, SNB (the country’s central bank equivalent) said that foreign direct investment in Nigeria fell to 379.84 billion naira ($1.2 billion) in the first […]

Ogilvy Africa reopens in Nigeria
Marketing

Ogilvy Africa reopens in Nigeria

Several years after its rancorous exit from Nigeria, Ogilvy Africa a wholly owned subsidiary of WPP Scangroup Plc, has reopened its office in Lagos, Nigeria. It would be recalled that Ogilvy Africa was entrenched in a legal battle with Prima Garnet, a Nigerian advertising agency after the former sued Scan […]

FIFA, CAF appoint observers for NFF Elections
Sports Uncategorized

FIFA, CAF appoint observers for NFF Elections

Federation of International Football Association FIFA, has named Messrs Luca Piazza and Solomon Mudege as its observers for Thursday’s elections into the Nigeria Football Federation (NFF) Executive Committee from 2018-2022. Mudege is FIFA’s Senior Manager for Development Programmes (Africa) while Piazza is a senior official in the FIFA President’s office. […]

Nigeria’s economy growth falls to 1.50% in Q2
Policy

Nigeria’s economy growth falls to 1.50% in Q2

Latest data from Nigeria’s official statistics office says the country’s gross domestic data falls to 1.50% in the second quarter of the year. The data from the NBS shows that growth in the second quarter of 2018 was –0.45% points slower than 1.95% recorded in the first quarter of 2018. […]

FIFA confirms Nigeria will not be banned
Sports

FIFA confirms Nigeria will not be banned

World Football governing body, FIFA has confirmed that Nigeria will not be banned after the Federal Government affirmed it recognize Amaju Pinnick as legitimate and sole president of the Nigeria Football Federation. FIFA said in a statement that it will monitor the situations to ensure that he rules and regulations […]

FIFA to ban Nigeria if power tussle continues
Sports

FIFA to ban Nigeria if power tussle continues

World Football ruling body, FIFA has given Nigeria and Ghana an ultimatum to put their houses in order or face suspension. A statement from the global football house specifically requested that President of the Nigeria Football Federation, Amaju Melvin Pinnick be given effective control or face suspension. Chris Giwa has […]