inflation
The federal government says it will raise workers’ base salaries to meet the current realities in the economy of the country. Chris Ngige, minister of labour and employment, said this at the public presentation of the NLC of 40 publications titled, ‘contemporary history of working-class struggles’ held in Abuja on Monday. The N30,000 […]
The Central Bank of Nigeria has raised the interest rate to 13.5 per cent. CBN Governor, Godwin Emefiele, announced this on Tuesday while addressing the reporters after the Monetary Policy Committee meeting in Abuja. Justifying the raise, Emefiele said the MPC is suspicious “there might be an aggressive accretion of inflation”. To prevent […]
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