NLC strike, CBN probe... 7 business stories to track this week | TheCable

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NLC strike, CBN probe… 7 business stories to track this week | TheCable

, last week gave the federal government a seven-day ultimatum to reverse all “anti-poor” and “insensitive” policies.include the recent hike in the price of petrol, increase in public school fees, among othersThe labour union threatened to embark on an indefinite strike from Wednesday, August 2, 2023, if the federal government fails to meet its demands.from embarking on any strike regarding the removal of petrol subsidy as ordered by the national industrial court.

The group was ordered to refrain “from embarking on the planned industrial action/or strike of any nature, pending the hearing and determination of the pending motion on notice”.Jim Obazee, former chief executive officer of the Financial Reporting Council of Nigeria, as a special investigator.In a letter seen by TheCable, dated July 28, 2023, the president said the appointment would take effect immediately and Obazee is expected to report directly to his office.

In its latest world economic outlook , titled, ‘Near-Term Resilience, Persistent Challenges ’, IMF said though the forecast for 2023 was modestly higher than predicted in the April 2023 WEO, it remained weak by historical standards.

 

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