Tinubu’s Naira Devaluation Rendered N70,000 Minimum Wage Useless – U.S. Govt

The U.S. government has stated that the naira devaluation rendered President Bola Tinubu’s minimum wage increase useless as deteriorating poverty amid galloping inflation wracks millions of Nigerians. This was highlighted in the Country Reports on Human Rights Practices for 2024, published by the United States Department of State’s Bureau of Democracy, Human Rights, and Labor…

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FG Opens Single-digit Mortgage Loans For Nigerians

Ministry of Finance Incorporated (MOFI) says Nigerians have started accessing affordable long-term mortgage facilities at 9.75 per cent. The mortgage facilities extend as long as 20 years, a radical initiative aimed at bridging the country’s estimated 20 million units housing gap. Chief Executive Officer, (MOFI), Dr. Armstrong Takang, said several beneficiaries across geopolitical zones have…

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Amnesty Deal: Outrage Mounts As Katsina Moves To Release 70 Bandits 

Prominent socio-political organisations, including Afenifere, Arewa Consultative Forum, Ohanaeze Ndigbo, the Middle Belt Forum, and others, have expressed outrage over a plan by the Katsina State Government to release 70 bandits as part of measures to patch up a floundering peace pact with bandit leaders. The groups, in separate interviews with The PUNCH, described the…

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