THE Minister of Finance, Wale Edun, has disclosed that Nigeria is in talks with the World Bank for up to $1.5 billion funding to alleviate a severe dollar shortage. He said the move will also support the national budget as the severe dollar shortage has contributed to the Naira’s steep …
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NIGERIA’s currency started the week negatively, depreciating against the Dollar at the foreign exchange market. According to FMDQ statistics, at the close of work day on Monday, the Naira fell to N993/$1. The slump represented an N203 differential from the N789.94/$1 it recorded on Friday. Also, the market recorded a …
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ONLY the 144,766 federal civil servants under the Consolidated Public Service Salary Structure will benefit from the new 40 per cent peculiar allowance introduced by the Federal Government. This implies that other workers under the employment of the Federal Government but operating under different salary structures will not benefit. For …
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