BUSINESS

New Minimum Wage: Strike begins Sept 26, start preparing – Labour tells Nigerians

The organised labour on Monday began preparations for its nationwide strike over Federal Government’s delay in the implementation of a new National Minimum Wage. Labour reminded Nigerians that the 14-day ultimatum issued to the federal government expires September 26 and urged them to be prepared. Mr. Joe Ajaero, President, United Labour Congress (ULC), said this […]

BUSINESS

New minimum wage: Nationwide strike begins September 26 – NLC

The Nigeria Labour Congress (NLC) has said its members will commence nationwide strike alongside civil society organisations on September 26 unless the tripartite committee completes its assignment on the new minimum wage. NLC President, Comrade Ayuba Wabba, made the declaration on Wednesday after a National Executive Council meeting. Wabba lamented that the federal government had […]

BUSINESS

“We have moved 10m Nigerians out of poverty” – Federal Government claims

The Federal government, through the minister of Budget and National Planning, Sen. Udoma Udo Udoma, has said it has moved 10.073million Nigerians from poverty to prosperity. He made the claim on Tuesday while speaking on arrangements for the 24th Nigerian Economic Summit (NES#24) held at the conference room of the ministry in Abuja. He stated […]

BUSINESS

Zainab Ahmed resumes at finance ministry, promises economic stability

The Supervising Minister of Finance, Hajiya Zainab Ahmed, has vowed to work assiduously for Nigeria’s attainment of economic stability. A statement by the ministry’s Director of Press and Information Department quoted her as saying yesterday when she formally resumed duties. The minister was received by the Permanent Secretary, Dr. Mahmoud Isa-Dutse, accompanied by other management […]

BUSINESS

Osinbajo inaugurates disbursement of capital to two million traders (PHOTOS)

Vice President Yemi Osinbajo on Thursday began the disbursement of start-up capital for 39,000 petty traders in the Federal Capital Territory. The disbursement is part of the current administration’s drive to empower over two million petty traders across the country through a commercial loan scheme tagged “Trader moni.” The scheme being implemented by the Bank […]

BUSINESS

NNPC speaks on recruitment

The Nigerian National Petroleum Corporation (NNPC) has disowned a recruitment advertisement purportedly by the corporation currently trending in the social media. The corporation in a statement by its Group General Manager, Group Public Affairs, Mr Ndu Ughamadu, in Abuja on Wednesday, advised unsuspecting members of the public to be wary of the scam. “The advertisement, […]

BUSINESS

Fresh scramble for Africa: How China, migration fears drew Europe, US to Nigeria

Following China’s almost complete takeover of investment opportunities in Africa, major European nations; France, the United Kingdom (UK) and Germany, including the United States of America are now in the last-minute rush to forge new alliances with Nigeria and other African countries. At the last count, three European super powers have visited Aso Rock in […]