The meeting convened by the Secretary to the Government of the Federation, George Akume, with organised labour over the industrial action embarked upon by workers has ended. The meeting was made known to the public on Monday evening by the President of the Trade Union Congress, Festus Osifo. Also at …
Read More »Stanbic IBTC Recognised as Nigeria’s Fastest-Growing Brand
Stanbic IBTC Holdings, a leading end-to-end financial institution in Nigeria and a member of the Standard Bank Group, has achieved a significant milestone by being recognised as the fastest-growing brand in Nigeria. This recognition comes from a comprehensive report by Brand Finance, a renowned London-based brand valuation consultancy. The annual …
Read More »Just in : Federal Government Invites Labour For Emergency Meeting Tuesday
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 in a bid to stop ongoing strike by organized labour. However, it is not certain if the Labour leaders will attend the meeting. …
Read More »Gunmen who killed soldiers don’t deserve to live — Labour Party
The Labour Party has said that unknown gunmen operating in the South East do not deserve to be spared. The party made this comment following the killing of five soldiers by gunmen during the Biafran Day celebration on Thursday. The National Publicity Secretary of the Labour Party, Obiora Ifoh, in …
Read More »Ecobank Nigeria announces third edition of ‘Adire Lagos Experience’
Ecobank Nigeria says it has concluded plans to host the third edition of “Adire Lagos Experience”. The four days exhibition will take place at the ultra-modern Ecobank Pan African Centre on Victoria Island, Lagos. It will be held from June 14 to 17, 2024. Announcing the programme in Lagos State, Adeola Ogunyemi, …
Read More »NLC shutdown Lagos secretariat, Ikeja
Leaders and members of the Lagos State chapter of the Nigeria Labour Congress, NLC, on Monday, shut the gate of the Lagos State Secretariat, Alausa, Ikeja, cordoning off the entire premises from workers gaining access. The Eagle Online learnt that the action is in compliance with the directive of the National body of NLC …
Read More »Nigeria’s Forex Reserves Rose By $435.8m As Naira Continuous To Depreciate In May
CBN Governor, Yemi Cardoso Nigeria’s foreign exchange reserves rose by 1.35 per cent to $435.8m month-on-month to end the month of May at $32.69bn compared to $32.25bn which it was on April 30, 204. Analysis of the movement of reserves on the Central Bank of Nigeria’s database showed that reserves …
Read More »Poor Leadership Hampering Nigeria’s Potential, Says IOD
Executive members of IoD, South-South/ South East Zone, being inaugurated in Port Harcourt, Rivers State The Chartered Institute of Directors Nigeria (IoD) has decried the state of leadership in Nigeria, saying the country has not been able to exploit its potential despite uninterrupted democracy in the last 25 years. The …
Read More »CBN Yet To Settle $19m Out Of $850m Foreign Airlines Trapped Funds- IATA
About $813m funds belonging to foreign airlines that were trapped in Nigeria since June 2023 had been cleared but the Central Bank of Nigeria still has $19m outstanding balance to settle, the International Air Transport Association said. The Director-General of IATA, Willie Walsh, confirmed the status of trapped funds in …
Read More »Strike: Black-Out Hits Nigeria As Labour Leaders Beat, Chase Away Electricity Workers From National Grid
The Transmission Company of Nigeria has confirmed that the Labour Union has shut down the national grid, resulting in black out nationwide. The TCN said that the national grid shut down occured at about 2.19am this morning, 3rd June 2024. The General Manager, Public Affairs, Ndidi Mbah, who confirmed the …
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