The organized labour has issiued May 31, 2024, to federal government to conclude all processes regarding the new minimum wage for Nigerian workers.
As the tripartite committee set up by the Federal Government on minimum wage (committee) resumes sitting today, Wednesday May 15, 2024, labour insisting on its proposed N615,000 minimum wage but the government has not revealed any figure.
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a one-month ultimatum to traders and market stakeholders to address exploitative pricing practices or face regulatory enforcement. This announcement was made by the FCCPC’s Executive Vice-Chairman, Tunji Bello, during...
Oando Plc has finalized the acquisition of 100% of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for $783 million. This acquisition represents a major milestone in Oando's long-term strategy to expand its upstream operations and...
The Dangote Refinery, Africa’s largest single-train refinery with a capacity of 650,000 barrels per day, is moving away from sourcing crude oil from the United States. Instead, it plans to significantly increase its reliance on Nigerian suppliers, according to...
The Nigerian stock market bounced back on Tuesday, ending a six-day downturn that had seen a staggering loss of N1.6 trillion. The market gained N67 billion, with the All-Share Index (ASI) climbing by 0.12% to 95,895.92 points, up from...
