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. A source with the leaders of Labour disclosed this to Vanguard. Vanguard had reported how Labour leaders had a successful meeting with the Secretary to the […]
The Nigeria Labour Congress (NLC) says the strike which began on June 3 and paralysed government and commercial activities nationwide will enter its second day today. Labour had declared the strike over a new minimum wage and the recent hike in electricity tariff for Band A customers. On Monday night, the federal government and […]
The federal government and organised labour have agreed on the fixing of a new minimum wage that is above N60,000. The agreement was reached at the end of a meeting held on Monday between leaders of the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), and representatives of the federal government. The meeting […]
Soldiers are currently surrounding the venue of the meeting between the Organised Labour and Federal Government, Vanguard I’d reporting. A source from the Labour disclosed this to Vanguard on Monday evening. The source said the action is aimed at intimidating Organised Labour, noting that no matter the intimidation, Labour leaders remain undaunted. The Tinubu […]
The Secretary to the Government of the Federation, SFG, George Akume, and the leadership of the Organised Labour are currently in a meeting. A source in the Labour disclosed this to Vanguard. The source said: “Nigeria Labour Congress, NLC, and its counterpart, the Trade Union Congress of Nigeria TUC, have been invited for a […]
Financial technology (Fintech) companies have resumed onboarding new customers. In separate statements on Monday, OPay and Kuda Microfinance Bank announced the Central Bank of Nigeria (CBN) has authorised them to start enrolling users. On April 29, CBN directed fintech companies to pause enrollment of new customers. This followed the federal government’s effort to address […]
In a bid to stop the ongoing strike by organized labour, the Federal Government, through the National Salaries Wages and Income Commission, has extended an invitation to the leaders of the Nigeria Labour Congress and Trade Union Congress. However, it is not yet clear if the Labour leaders will attend the meeting. The PUNCH […]
Some unions have shut their workplaces to comply with the directive of the two labour unions to embark on an indefinite nationwide strike. On Friday, the organised labour announced that they will be commencing a nationwide indefinite strike due to the refusal of the Federal Government to increase the proposed minimum wage from N60,000. […]
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability. The apex bank’s Acting Director of Corporate Communication Department, Sidi Ali, disclosed this in a statement on Monday. […]
Activities have been grounded at the Lagos, Port Harcourt, and Abuja airports following the indefinite strike declared by labour unions. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had declared the industrial action over a lack of consensus on the new minimum wage and the hike in electricity tariff. In […]
