Economy

The Nigeria Labour Congress (NLC) has directed its members in states that are yet to commence the implementation of the new minimum wage to commence an indefinite strike, beginning from December 1, 2024. The directive was part of the…
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Following the announcement of #80,000 minimum wage for workers in Oyo State by Governor Seyi Makinde, the State House of Assembly has commended the Governor for his continuous worker friendly policies and approach. A statement issued and…
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Chairman, Nigeria Labour Congress, NLC Oyo state, Mr Kayode Martins has applauded governor Seyi Makinde for approving eighty thousand naira as minimum wage for workers in the state. Mr Martins stated this during a telephone interview in…
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Nigeria, endowed with some of the largest oil reserves in Africa, is paradoxically wrestling with a deepening oil crisis that threatens its economic stability and national security. Despite its status as a top oil producer, the country…
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The Oyo State Government has approved a minimum wage of ₦80,000 for the State workforce. In a statement by the State Commissioner for Information and Orientation, Prince Dotun Oyelade, the Technical Committee set up by the State…
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The lawmaker representing Ibadan North-West/Ibadan South-West federal constituency of Oyo state at the House of representatives, Hon. Adedeji Dhikrullahi Olajide, has commenced the installation of 100 solar-powered street lights across…
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The Abia State Government has officially approved a new monthly minimum wage, with workers at Grade Level (GL) 1, Step 15 now set to earn N80,463 following an agreement signed between the state government and organized labor unions. This…
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Barely three weeks after jerking up the price per litre of petrol, retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) adjusted the pump price of the commodity on Tuesday in Lagos from ₦998 to ₦1, 025. In…
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Reports that the former series of N200, N500, and N1,000 banknotes will no longer be accepted as legal money by December 31, 2024, have been refuted by the Central Bank of Nigeria. The CBN stated in a statement issued Thursday by Sidi…
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The 15-day ultimatum issued by the Academic Staff Union of Polytechnics to the Federal Government to meet its demands is set to expire on October 23. The group had threatened to embark on strike should the government fail to address the…
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