Business

Oyo State governor, Engr. Seyi Makinde has approved the elevation of some top civil servants as General Managers and Executive Secretaries in the State Civil/Public Service. The appointment, which was approved by the Executive Governor,…
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President Bola Tinubu says an executive bill on the agreed new National minimum wage will be transmitted to the National Assembly. President Tinubu stated this in his National broadcast on the commemoration of Democracy day in Nigeria.…
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The Organised Labour said the one-week grace period given to the Federal Government last Tuesday, June 4, 2024, would expire by the midnight of Tuesday, June 11, 2024. Labour said should the Federal Government and National Assembly fail…
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Following several hours of meeting on Friday, the Federal Government and the organised private sector have increased their offer for the new minimum wage to N62,000 from the earlier N60,000. However, the organised labour is proposing…
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Governors of the 36 states of the Federation under the aegis of Nigeria Governors’ Forum, NGF, say, the N60,000 minimum wage proposal by the Federal Government is not sustainable and cannot fly. This is contained in a statement issued by…
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The Presidency has described as false the news making the rounds that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has proposed N105,000 in the new minimum wage template. Special Adviser to the President…
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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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Oyo state government has disclosed that it is already collaborating with multinational companies who are keen on leveraging on the friendly business environment in the state to drive the Governor Seyi Makinde's economic expansion agenda.…
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