The Nigeria Labour Congress (NLC) has issued a December 1, 2024, deadline for state governments to implement the newly approved minimum wage of N70,000.
Foreign portfolio investors have shown renewed interest in Nigeria’s Eurobonds, as improved market sentiment has driven demand for the country’s dollar-denominated assets. Analysts attribute this ...
CBN’s Move: The Central Bank of Nigeria (CBN) reduced its foreign exchange support to the naira by approximately 30% in October 2024, selling fewer U.S. dollars to authorized dealer banks. This marks ...