Economy

The Nigerian government and labour unions have agreed on a new minimum wage exceeding N60,000 after a crucial meeting. This follows a nationwide strike demanding higher wages. The federal government and organized labour have agreed…
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A member of the Nigeria Labour Congress (NLC), speaking anonymously, has suggested that lawmakers should live on the minimum wage for a month to experience the hardships faced by ordinary Nigerians. The NLC member emphasized that…
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The Minister of Labour and Employment, Nkeiruka Onyejeocha, has called on Organised Labour to cease its current industrial action, which has had a substantial impact on economic activities nationwide. According to a report by…
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*Labour sends warning signals, if... Soldiers are currently surrounding the venue of a crucial meeting between the Federal Government and Organised Labour, according to a source from the labour union who spoke to Vanguard on Monday…
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In a recent development, the leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) has convened at the office of the Secretary to the Government of the Federation for an important meeting with government…
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Union leaders have insisted they will not accept any offer below N100,000 as the minimum wage. They dismissed the federal government’s negotiation moves from N48,000 to N57,000 as “unserious.” The National Economic Council is set to…
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The ongoing reforms in the mining sector are creating jobs, security and revenue, the Minister of Solid Minerals Development, Dr. Dele Alake has disclosed. Addressing the nation at the maiden edition of the ministerial sectoral…
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The Trade Union Congress (TUC) has rejected the revised minimum wage of N54,000 proposed by the Federal Government, citing the significant devaluation of the naira since 2011. In a monitored interview with Arise News, TUC President…
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Why are BRICS countries so gung-ho about dedollarization? Well, picture this: they’re kinda fed up with the US dollar hogging the spotlight in global trade and finance. It’s like they’re saying, “Hey, we’re big players too!” First…
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World Bank The World Bank has blacklisted 58 Nigerian companies and individuals for engaging in corrupt practices, a move that comes as part of the institution’s ongoing efforts to uphold integrity and transparency in its projects and…
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