Business

Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) has reiterated its May 31, 2024 ultimatum to the Federal Government to meet all of its demands. The demands include implementation of a new national minimum wage and reversal…
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Oyo state government has opened a part of the newly reconstructed Olodo bridge for residents and motorists. Governor Seyi Makinde represented by the Commissioner for Works, Professor Daud Sangodoyin on Saturday officially opened the…
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Following what NLC and TUC referred to be "ridiculous offers" of N48, 000 and N54, 000, respectively, by the government and the organized private sector, OPS, Labour Union has withdrawn from the ongoing minimum wage negotiations. While…
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The International Monetary Fund, IMF has given indications that the Federal Government of Nigeria may need to raise a supplementary budget to accommodate the proposed minimum wage increase for workers. The IMF gave this recommendation in…
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The government of Oyo state has disclosed that the ongoing data collection of traders and artisans in the informal sector have started yielding the desired results. The state Commissioner for Trade, Investment, and Cooperatives, Otunba…
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The natiowide protest by organised labour against the recent increment in electricity tariff has commenced in Ibadan, Oyo State. Our correspondent reports that the protest led by the Chairman, Nigeria Labour Congress, NLC, in the state,…
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The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of Naira in their financial businesses. The EFCC has also…
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In a bid to rid the society of poverty, especially among the female gender in Nigeria, a Non-Governmental Organisation under the auspices of Association of Female Artisans Worldwide, Nigeria, AOFAW, led by its National President, Dr. Jumoke…
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Oyo state house of assembly has urged the executive to set up an inter ministerial committee to look into cases of civil servants who have absconded or travelled out of the country but still receiving salaries. The advice…
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Banks have been directed to stop charges on cash deposits until 30th September, 2024. The Central Bank of Nigeria, CBN made this known in a circular dated May 6, 2024 and signed by Adetona Adedeji, Director of Banking Supervision.…
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