News

The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and outside Nigeria. In its usual creative conjecture, 13O-year-old FirstBank, has hit the airwaves and other media outlets with various visuals ...

The President of the Nigeria Labour Congress (NLC), Joe Ajaero; and his counterpart in the Trade Union Congress (TUC), Festus Osifo, say the Organised Labour agreed to ₦70,000 as the new minimum wage for Nigerian workers because the wage reviews in the country will no longer be every five years but once in three years. They spoke on Thursday after ...

President Bola Tinubu on Tuesday approved the sum of N70,000 as new minimum wage for Nigerian workers. He also promised to review the minimum wage every three years. Tinubu, who gave the approval during a meeting with the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) at the Presidential Villa, Abuja, promised to review the ...

Newsmax Online reports that FirstBank, West Africa’s premier financial institution and financial inclusion services provider has announced its sponsorship of the Lagos command performance of Eni Ogun – The Noble Warrior, a theatrical performance in honour of Professor Wole Soyinka as part of the lineup of activities celebrating the 90th birthday of the global literary giant and National Icon. This ...

Labour Party has won the UK general election, meaning Keir Starmer will be the new prime minister.Meanwhile, as the final figures come in, Labour is expected to win 410 seats, with the Conservatives on 144. Also, Rishi Sunak has accepted defeat, and said he called Starmer to congratulate him. On the election results, Sunak said it was a “sobering verdict” ...

The Sokoto State Government has denied plot to dethrone the Sultan of Sokoto, Alhaji Sa’ad Abubakar III. Recall that the Executive Director of the Muslim Rights Council, Prof. Isiaq Akintola, on Monday, raised alarm that the Sokoto government was planning to depose the Sultan. He cited the removal of 15 traditional rulers for various offences by the state Governor, Ahmed ...

President Bola Ahmed Tinubu has said that his administration will soon send an executive bill to the National Assembly to enshrine what has been agreed upon as a new national minimum wage as part of “our law” for the next five years or less. In his national broadcast today on the 25th anniversary of unbroken democracy in Nigeria, the president ...

A group of lawmakers in the House of Representatives are seeking alterations to the 1999 Constitution to pave the way for the rotation of the Presidency among the six geo-political zones of the country. They also want an amendment to the Constitution to provide for “A single tenure of six years for the President and Governors of the Federal Republic ...

During the national minimum wage tripartite committee meeting, the Federal government and Organised Private Sector proposed a new wage of N62,000. However, Organised Labour rejected this offer, insisting on N250,000. Speaking on behalf of Governors, Imo’s Hope Uzodinma, said: “The organised private sector and the Federal Government have agreed on N62,000 while the organised labour is asking for N250,000. “At ...

The Nigeria Labour Congress (NLC) has refuted claims made by Senate President Godswill Akpabio that the recent indefinite nationwide strike embarked upon by organised labour constitutes economic sabotage. The organised labour comprising the NLC and Trade Union Congress (TUC) on June 3 embarked on the strike action “in response to the federal government’s refusal to conclude the national minimum wage ...