Strike: Electricity Unions Shut Down National Grid
The Transmission Company of Nigeria hereby informs the general public that the Labour Union has shut down the national grid, resulting in black out nationwide. The…
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Minimum Wage: Strike Begins As National Assembly’s Intervention Fails
The organised labour Sunday insisted that its indefinite strike would begin today as planned following the federal government’s refusal to increase the minimum wage above…
CBN Revokes Heritage Bank’s Licence
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…
CBN Permits International Oil Firms To Sell 50% Of Proceed
The Central Bank of Nigeria on Friday, announced that international oil companies can sell their retained 50 per cent of repatriated export proceeds in the…
First Bank Employee On The Run After Diverting ₦40 Billion; Bank Begins Recovery
First Bank, a Nigerian bank with a market capitalisation of ₦829 billion has begun legal action to recover “huge sums of money” allegedly diverted by…
FG Rejects ₦494,000 Wage Demand, Warns Of ₦9.5 Trillion Economic Burden
The Federal Government has declared the organised labour’s demand for a national minimum wage of N494,000 as economically unsustainable, warning it could destabilise the economy…
Edun: We Have Paid ₦4.8 Out Of ₦7.3 Trillion Ways & Means Advances
As activities marking the celebration of the first anniversary of President Bola Ahmed Tinubu continues, the Federal Government has disclosed that it has taken bold…
Minimum Wage: Labour Declare Nationwide Strike
Organised Labour has announced an indefinite nationwide strike beginning Monday, June 3rd, in response to the federal government’s failure to finalise negotiations on a new…
FG Unveils CNG Plant Facility In Lagos
The Federal Government on Thursday inaugurated a 5.2 million standard cubic feet per day Compressed Natural Gas plant in Lagos, in an attempt to lessen…
Imo Community Stages Protests As Government Shuts Down Construction Site for Gas Plant
The Imo State government on Wednesday directed the stoppage of a gas plant construction site in Umuriem Autonomous Community, Nekede in Owerri West Council Area…