Business

Recapitalisation: Labour Ministry charges banks to protect workers

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 […]
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FG to privatise airports soon

FG to privatise airports soon

The Director-General, Bureau of Public Enterprise, Mr Benjamin Dikki, said in Abuja that the privatization of federal airports in the country would commence soon.

Youth restiveness and unemployment in Nigeria: the way out part 2

Youth restiveness and unemployment in Nigeria: the way out part 2

Minister for Agriculture, Dr. Akinwumi Adesina noted that Nigeria’s unemployment rate is spiralling upwards, growing at 11 per cent yearly, According to him “Youth unemployment rate is over 50 per cent. Our unemployment rate is spiralling, driven by the wave of four million young people entering the workforce every year with only a small fraction able to find formal employment.

Why we’re raising fresh funds —Access Bank

Why we’re raising fresh funds —Access Bank

Access Bank Plc has said that its quest to raise additional funds from the capital market is borne out of the need to enhance its Tier 1 Capital and also take advantage of emerging opportunities in the economy.