Spanish Prime Minister, Pedro Sanchez, on Wednesday said that his cabinet would approve next week a 22 percent increase in the monthly minimum wage to 1,050 euros ($1,192), a wage over N429,000, effective from 2019. Sanchez told the parliament the proposed wage increase document, “the biggest since 1977”, would be submitted to a cabinet meeting […]
France’s 10-year borrowing costs on Tuesday climbed to highest level compared with Germany in a year and a half barely 24 hours after the French President, Emmanuel Macron, announced spending measures in a bid to restore calm after weeks of violent protests. President Macron had on Monday announced wage rises for the poorest workers and […]
The Agence Francaise De Development (AFD) has provided about N280 billion sovereign loan to the Federal Government of Nigeria over the past 10 years. The amount represented 44 percent of the £1.5 billion committed to development programmes by the AFD during the period AFD Country Director in Nigeria, Pascal Grangereau, who gave these hints while […]