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GOVERNMENT TO REVITALISE TEXTILE INDUSTRY 

The Federal Government has reiterated its commitment to revitalizing Nigeria’s textile industry, recognizing its strategic importance for job creation, economic diversification, and sustainable development. 

CBN WARNS OF LOOMING INFLATION AS INPUT COSTS RISE

The Central Bank of Nigeria has warned that rising input costs across key sectors could spark a new wave of consumer price inflation, as businesses continue to absorb cost pressures that may soon become unsustainable.

NLC PLANS CRACKDOWN ON NON-COMPLIANCE IN PRIVATE SECTOR

The Nigeria Labour Congress has vowed to intensify enforcement of the N70,000 national minimum wage, targeting non-compliant employers, particularly in the unorganised private sector, where some workers reportedly earn as little as N15,000 a month.

NPA BIRTHS FIRST WHOLLY NIGERIAN-OWNED CONTAINER VESSEL

In a development that signposts readiness to maximise the gains derivable from the African Continental Free Trade Area (AfCFTA), the Nigerian Port Authority (NPA) has berthed the first wholly Nigerian-owned container vessel.