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Organised Labour suspends strike for five days

The Organised Labour has suspended the nationwide strike for five days to give room for uninterrupted meeting with the tripartite committee on the new national minimum wage.

Trading continues on NGX amid strike, investors lose N103bn

Opening the week, the equity market halted last session’s winning streak as investors lost N103 billion, following sell-offs in Tier-one banking stocks and cautious trading. Specifically, sell-offs in FBN Holdings, United Bank For Africa (UBA) and Access Corporation, Fidelity Bank, Transnational Corporation, Nigerian Breweries, WAPCO, ETranzact, among other declined stocks, drove the market’s weak performance. Consequently, the market […]

Naira abuse: EFCC offers whistleblowers 5% reward

In a bid to further strengthen its crusade against the abuse of the naira, the Economic and Financial Crimes Commission, EFCC, has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders.

Detailed: Resolutions between FG, Organised Labour

Further to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and subsequent withdrawal of Labour from negotiation, the Leadership of the National Assembly intervened on 2nd June, 2024.

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