Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
Nigeria earns N3.6trn from oil in 11 months
Nigeria earned about N3.549 trillion from the oil and gas sector in eleven months, between January and November 2015, according to data obtained from the Central Bank of Nigeria, CBN.
NCDMB seeks extension of local content to other sectors
The Nigerian Content Development and Monitoring Board, NCDMB, has expressed the hope that the Local Content policy would be extended to other sectors of the Nigerian economy to maximise the inherent gains.
Firms to close down on raw materials scarcity —MAN
Manufacturers Association of Nigeria (MAN) has expressed fears that many of its member companies will close down production at the end of the first quarter of this year.
Nigeria gets anti-dumping relief from WTO — Minister
DEAD local industries may come to life again, as the Federal Government has secured some measures from the World Trade Organization to combat dumping.
FG collects N8 per litre on imported PMS – PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) said Federal Government would be collecting N8 per litre as subsidy on petrol imported by NNPC and other marketers.
