Nigeria is losing a whopping N158.93bn daily to the ongoing strike by the organised labour and Civil Society groups over the removal of petroleum subsidy, investigation has revealed. The industrial action, which enters its third day today (Wednesday), has crippled economic activities in the country. For instance, majority of banks, […]

Despite the ongoing nationwide strike by the Nigerian Labour Congress, the Trade Union Congress and other civil societies groups, activities on the Nigerian Stock Exchange went on uninterrupted on Tuesday. The market was again on an upbeat trend, just like the preceding day, as market indices closed with a gain […]

As the anti-fuel subsidy removal protests intensified in major cities across the country Tuesday, the Senate has asked its leadership to meet President Goodluck Jonathan to demand the immediate suspension of the full deregulation of the downstream sector of the oil industry and the associated removal of petrol subsidy.  The […]