Governors, Labour Unions Kick As FG Proposes N62, 000.00 Minimum Wage for Nigerian Workers
In a move that has sparked widespread debate, the Federal Government of Nigeria has proposed a new national minimum wage of N62,000.00, a figure that has been met with resistance from state governors and labour unions alike. The proposal, which…
Nationwide Strike in Nigeria: As Economy, Businesses Bleed, Government Fixes Date for Emergency Talks with Striking Unions
The ongoing nationwide strike in Nigeria, initiated by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), which began on June 3, 2024, as a result of the failure of the tripartite committee to agree on a new minimum…
BREAKING! Nationwide Darkness As Striking Workers Over Minimum Wage Shut Down National Grid
Protesting Nigerian workers have shut down the national grid, throwing the country in darkness over inability of the Federal Government to accept their proposed N494,000 minimum wage demand. Last minutes efforts by the leadership of the National Assembly to stop…
Abbey Mortgage Bank Announces 32nd Annual General Meeting Holds Tomorrow
Abbey Mortgage Bank, a renowned financial institution celebrated for its dedication to excellence and customer satisfaction, is excited to announce its 32nd Annual General Meeting (AGM) scheduled for May tomorrow, 30th, 2024. This year’s AGM, themed ‘Agile Tenacity,’ will highlight…
Tinubu’s Tightrope: Assessing Nigeria’s Faltering Economy One Year In Office
As President Bola Tinubu’s administration in Nigeria approaches its one-year mark, the state of the country’s economy remains a cause for concern. Since taking office on May 29, 2023, President Tinubu has faced numerous challenges in trying to stabilize the…
Electricity Tariff Hike: Labour Insists On Reversal, Pickets NERC, DisCos’ Offices
In a surprise show of determination to tackle poor policies of government, the organised labour has insisted on total reversal of the recent electricity tariff hike before considering the option of dialogue. The Street Reporters Newspaper recalls that the Daily…
Naira to Dollar Rate: BDCs Proffer Solutions To Depreciation
Bureaux De Change Operators (BDCs) under the umbrella of the Association of Bureaux De Change Operators of Nigeria (ABCON), has revealed plans for a unified retail end of the foreign currency market to tackle the recent Naira depreciation. The president…
Delta to Commence Another Round of Palliatives Distribution — Egbo
Coordinator of Subsidy Palliatives Committee in Delta State, and Special Adviser to the Governor on Transportation, Olorogun Jaro Egbo, has disclosed that the state government will soon commence another round of palliatives distribution to mitigate hardship occasioned by federal government…
NLTF Commends EFCC for Raising its Remittance Inflows to N2.1bn
The Executive Secretary and Chief Executive Officer (ES/CEO) of the National Lottery Trust Fund (NLTF), Bello Maigari, has commended the Economic and Financial Crimes Commission (EFCC) for helping to widen the revenue base of the Fund through enhanced remittance inflows…
Governor Obaseki Inspects Ongoing Projects, Assures Of Efforts to Stabilise Food Price, Ensure Food Security
The Edo State Governor, Godwin Obaseki, has led other top government functionaries to inspect several projects in Oredo Local Government Area (LGA). Projects inspected include the reconstruction of Ekiosa Market, renovation/remodeling of the Edo State Board of Internal Revenue Service…
Obi Knocks CBN’s New MPR, Says Policy Will Worsen Economic Situation, Lead to Job Loss
main opposition voice in Nigeria and the 2023 presidential candidate of Labour Party (LP), Peter Obi has given a thumbs down to the New Monetary Policy Rates (MPRs) released by the Central Bank of Nigeria (CBN). According to Obi, an…
