The National Executive Council of the Nigeria Labour Congress and the Trade Union Congress has suspended the ongoing strike. The unions suspended the strike on Wednesday night following the intervention of the National Security Adviser, Nuhu Ribadu. The meeting with Ribadu started a few minutes after 7 pm and extended …
Read More »One year after takeover of DisCos, darkness, liquidity crisis persist
Electricity • Stakeholders highlight cash flow, government policies as key challenges for DisCos under AMCON’s control • Kaduna, Benin, two others record highest decrease in energy off take in Q1/2023 • No profit in sight as operators exceed ATC&C loss target All is not well with electricity distribution companies …
Read More »Again, SEC moves to reduce N190b unclaimed dividends
SEC (Securities and Exchange Commission) . As total funds in CIS hits N2.1 trillion in 2023 . Shareholders fume as Union Bank plans to delist from exchange, indices rise by N146b The Securities and Exchange Commission (SEC) has unveiled plans to create a new e-dividend portal that would help …
Read More »Return To Nigeria After Your Studies, Minister Tells 179 Scholarship Beneficiaries During Departure To Russia
Prof Tahir Mamman, new Minister of Education A total of 179 students awarded the Bilateral Education Agreement (BEA) scholarship in Russian for the 2023/2024 academic session are to depart Nigeria on Wednesday. Speaking at the pre-departure briefing ceremony in Abuja on Tuesday, the Minister of Education, Prof. Tahir Mamman, charged …
Read More »Otti Bans Movement Of Heavy Duty Vehicles To Check Incessant Accidents On Abia Roads
… Orji, Ikpeazu Mourn Death Of Passengers During Truck Accident In Aba Abia State Governor, Dr. Alex Otti has ordered the immediate restoration of the previous directives restricting movement of heavy duty vehicles within Umuahia and Aba metropolis between the hours of 7am and 8pm as part of measures in …
Read More »Afreximbank Sign Pact With Innovative Biotech To Manufacture HIV, Typhoid, Other Vaccines In Nigeria
Afreximbank Innovative Biotech Limited, located in Keffi, Nasarawa State, Nigeria, and the African Export Import Bank have concluded plans to begin manufacturing of a range of vaccines in Nigeria. This followed a Project Preparation Facility Agreement signed by Mr Haytham El Maayergi, Executive Vice President, Global Trade Bank, Afreximbank, and …
Read More »We didn’t receive court order not to strike – TUC
Labour leaders – Festus Osifo of TUC and Joe Ajaero of NLC The President of the Trade Union Congress (TUC), Festus Osifo has denied receiving any court order stopping the Organised Labour from embarking on the ongoing nationwide strike that began on Tuesday. According to Osifo, once the unions receive a court order …
Read More »Lagos Governorship Election: Court Of Appeal To Deliver Ruling Today On Labour Party, PDP’s Petitions Against Sanwo-Olu
The Court of Appeal panel led by Justice Yargata Nimpar had last Wednesday reserved judgment in the two appeals after listening to the arguments of the parties. The Court of Appeal in Lagos State will today, Wednesday, deliver its judgment in the appeal filed by the governorship candidate of the …
Read More »We have arrested Ajaero’s attackers: NSA begs NLC, TUC, others
NLC President Joe Ajaero brutalized in Imo. National Security Adviser, Nuhu Ribadu, on Wednesday, confirmed the arrest of those who attacked the President of the Nigeria Labour Congress (NLC), Joe Ajaero, in Owerri, Imo State capital, on November 1. Ajaero, who was in Owerri to lead a protest, was …
Read More »Wike’s New Task Force Gets One Month To Revoke C-of-O Of Erring Landowners
FCT Minister, Nyesom Wike The Minister of the Federal Capital Territory, Nyesom Wike, has inaugurated a committee tasked with revoking Certificates of Occupancy (C of O) belonging to erring landowners. The task force, led by Estate Surveyor Michael O. Chinda, the Senior Special Assistant to the FCT Minister on Lands, …
Read More »