Economy

The House of Representatives member representing Ibadan North-West/Ibadan South-West, federal constituency of Oyo state, Hon. Adedeji Dhikrullahi Olajide, has called for an urgent, upward review of the minimum wage in Nigeria, stating that…
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Nigeria Labour Congress and Trade Union Congress, TUC, have suspended the ongoing indefinite strike action for five days. According to a leader of the NLC in Abuja, the centres are expected to issue a statement shortly before the…
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The Federal Government has agreed to pay more than N60,000 which is against the initially proposed new minimum wage. The decision was taken at a meeting the government had with labour leaders on Monday night in Abuja to address the…
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Federal Workers and public primary and secondary schools in Oyo state have complied with the strike action declared by Nigeria Labour Congress, NLC, over the new national minimum wage. Meanwhile, there is partial compliance with the…
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The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability.…
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The leadership of the Nigeria Labour Congress, NLC, and Trade Union Congress, TUC have insisted that there is no going back on the nationwide industrial action slated to commence on Monday, June 3, 2024. The development followed the…
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The Leadership of the National Assembly and some ministers are currently meeting with the leadership of the organized labour to Avert the impending strike. At the meeting ,the Senate president Godswill Akpabio appealed to labour to…
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NLC, Nigeria Labour Congress and its Trade Union Congress, TUC, counterpart have directed Nigerian workers across the country to stay at home for a national strike as from Monday, June 3rd, 2024. The decision followed the inability of…
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Agricultural Social Entrepreneurship foundation (ASEF International) has signed a memorandum of understanding with New Generation Nutrition (Netherlands) and FIDAS Africa on training of Africans on insect farming. The signing MOU signing…
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An initiative group, Oriyomi Hamzat FAM has praised the international business tycoon, the Chief Executive Officer Ilaji Hotel & Resort Sports, and ICAST, Chief Engr. Jubril Dotun Sanusi on his continued developmental initiatives across…
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