Olaolu Ayoola

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By Olaolu Ayoola On Monday, November 19th, 2018
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Buhari, state governors in crucial meeting over minimum wage

President Muhammadu Buhari on Monday met behind closed doors with state governors and other members of a committee set up to arrive at a common figure for the new minimum wage for the country. Members of the committee More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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8 Nigerians make 2019 ‘Forbes 30 under 30 list’

Eight Nigerians have been listed, among other global influencers, in the 2019 ‘Forbes 30 under 30 list.’ Forbes 30 under 30 is a set of lists issued annually by Forbes magazine and some of its regional editions More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Illegal $8.1bn transfer: MTN closes in on $800m Nigeria settlement

MTN Group Ltd. is close to reaching an $800 million settlement with Nigerian authorities over a claim it illegally transferred $8.1 billion funds out of the country, according to a source familiar with the situation. A More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Bribery allegations: ICPC to probe Oshiomhole

The Independent Corrupt Practices and Other-Related Offences Commission (ICPC) on Wednesday said it would probe the allegation of corruption leveled against the National Chairman of the All Progressives Congress, More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Judge orders Abaribe to pay N100m over Kanu’s disappearance

…varies Kanu’s bail condition, threatens arrest of sureties The Federal High Court in Abuja has ordered the three persons who stood sureties for the leader of the Indigenous People of Biafra (IPOB), Nnamdi More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Governors convey emergency meeting over minimum wage

Nigerian governors under the auspices of the Nigeria Governors Forum (NGF) have called for an emergency meeting where the issue of the minimum wage is expected to be discussed in Abuja tonight. According to a source, More...

By Olaolu Ayoola On Wednesday, October 31st, 2018
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Suspended NHIS boss drags health minister, AGF, agency to court

The Executive Secretary of the National Health Insurance Scheme, Prof. Usman Yusuf, has sued the Minister of Health, Prof. Isaac Adewole; the Attorney-General of the Federation, Abubakar Malami (SAN) and the NHIS More...

By Olaolu Ayoola On Wednesday, October 31st, 2018
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Ease of Doing Business ranking: Nigeria scores high, but drops to 146th

The World Bank’s 2019 Doing Business Index (DBI) has reported an improvement in Nigeria’s ease of doing business score from 51.52 to 52.89. But the report, which was released on Wednesday also saw Nigeria fall More...

By Olaolu Ayoola On Wednesday, October 31st, 2018
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Minimum wage: FG backs labour, rejects governors’ offer of N22, 500

The federal government has rejected the N22, 500 minimum wage proposed by the Nigerian Governors’ Forum (NGF). Minister of Labour, Chris Ngige, said on Wednesday he had made it known to the governors that the More...