The Nigerian Labour Congress (NLC) has firmly rejected President Bola Tinubu’s assertion that an agreement has been reached on the new national minimum wage, as […]
Category: Business
Business
Nigeria Data Protection Commission Fines Banks and Institutions N400 Million for Data Breaches
Vincent Olatunji, the National Commissioner for the Nigeria Data Protection Commission (NDPC), announced on Tuesday, June 11, that four major banks and three other institutions […]
Federal Government Raises Alarm Over Increased Petrol Smuggling Amid Price Disparities
The Federal Government has raised concerns over the escalating smuggling of Premium Motor Spirit (PMS), commonly known as petrol, due to a significant price hike […]
NNPP Chieftain Criticizes Governors for Rejecting N60,000 Minimum Wage Proposal
Ambassador Olufemi Ajadi, a prominent member of the New Nigeria People’s Party (NNPP), has strongly criticized the Nigeria Governors Forum (NGF) for their rejection of […]
Labour Rejects ₦62,000, Insists on ₦250,000 Minimum Wage
Organised Labour has rejected the proposed ₦62,000 and ₦100,000 minimum wage offers, insisting on ₦250,000 as the minimum wage for Nigerian workers. This announcement follows […]
Falana: New National Minimum Wage Act to Override State Legislatures and Employers
Activist-lawyer Mr. Femi Falana (SAN) has clarified that the forthcoming National Minimum Wage Act 2025 will be binding on all employers, except those explicitly exempted […]
Governors Set N70,000 Maximum for Minimum Wage
State governors have decided not to consider a minimum wage higher than N70,000, deeming it unaffordable. At a meeting in Abuja, the governors, under the […]
MultiChoice Nigeria Fined N150 Million for Flouting Tribunal Order
The Competition and Consumer Protection Tribunal (CCPT) in Abuja fined MultiChoice Nigeria Limited N150 million for violating its jurisdiction by disregarding an order. The verdict, […]
Resumption of Lagos-Kano Cargo Train Services to Lower Food Prices and Protect Highways
The Federal Government announced that the resumption of cargo train services on the Lagos-Kano route is expected to reduce food prices and extend the lifespan […]
NDIC Begins Liquidation of Heritage Bank After License Revocation
The Nigerian Deposit Insurance Commission (NDIC) has initiated the liquidation process for the failed Heritage Bank, beginning with the verification and payment of depositors. This […]