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#MinimumWage Figure: Labour Rejects Delay Tactics

Labour leaders have rejected plans by the Federal Government to set up another high-powered technical committee on the new national minimum wage. Leaders of the union comprising the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the United Labour Congress (ULC) stated this in a communiqué jointly signed at the end of a national leadership meeting of organised labour ...

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Saraki wants Buhari to assent to PIB, other bills

The President of the Senate, Dr. Bukola Saraki, has urged President Muhammadu Buhari to assent to the Petroleum Industry Governance Bill(PIGB) and other bills critical to national development. Saraki said this in his opening remarks at the 2019 budget presentation by President Muhammadu Buhari, the speech was however not delivered at the ceremony, but was made available to newsmen. He ...

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Access Bank Plc acquires Diamond Bank!

Information reaching us from a reliable source revealed that Access Bank Plc has finally acquired Diamond Bank Plc. It was gathered that the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria, CBN, according to online news medium,TheCable The acquisition was midwifed by the CBN in a bid to ...

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Provide details of money spent fighting Boko Haram, CSOs write Buratai

The Socio-Economic Rights and Accountability Project (SERAP), Enough is Enough (EiE), and BudgIT have sent a joint Freedom of Information request to Tukur Buratai, Chief of Army Staff of Nigeria, requesting him to use his good offices and leadership position to “urgently provide information on the 2015, 2016 and 2017 budget implementation reports of the Nigerian Army, including the amounts ...

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NLC to place governors owing salaries, pensions on ‘watch list’

The Nigeria Labour Congress (NLC) is to liase with the International Trade Union Congress (ITUC) to place names of governors in the states where workers are being owed salaries and pensions for several months on a “watch list”. NAN reports that the ITUC is the world’s largest trade union federation. It was formed on Nov. 1, 2006, out of the ...

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Non-oil sector grows Nigeria’s GDP to 1.8%, says NBS

Data from the National Bureau of Statistics (NBS) has shown that Nigeria’s Gross Domestic Product (GDP) grew to 1.81 per cent (year-on-year) in real terms in the third quarter of 2018, driven mainly by the non-oil sector, which contributed 90.62 per cent. When compared to the third quarter of 2017, which grew by 1.17 per cent, the NBS in a ...

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Importation: ‘Nigeria saves $21bn on food’

President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion. The President said the humongous savings will be deployed to other critical areas like infrastructure, education, health care, and many others. President Buhari was reacting to recent disclosures by the Central ...

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Customs rakes in N1.12bn IGR, seizes 67 vehicles in Ogun

The Nigeria Customs Service (NCS), Ogun Area Command yesterday disclosed that it generated N1, 129, 119, 923 as monthly revenue for November out of N727, 775, 499 target. The Area Controller, Michael Agbara who disclosed this at the press briefing at the State Command Headquarters, Idi-Iroko, said the command recorded N401, 344, 423 excess. Agbara said the command equally confiscated ...

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Is FG’s #TraderMoni a Commendable Micro-Economic Plan or a Mere Political Ruse?

It is no longer news that the Federal Government has launched its soft loan scheme for petty traders around the country. @Trader_Moni has previously been activated in Gwagwalada, Nyanya and Utako markets. Quite a number of petty traders and artisans have been registered and credited with this TraderMoni loan in Abuja. Today, we have enumerators in Wuse & Karu Market #Abuja#tradermonipic.twitter.com/FwjuWy3xpa — TraderMoni (@Trader_Moni) November ...

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African countries must leverage their strengths to accelerate drive towards integration

Participants to the 13th African Economic Conference called for African countries to leverage the full range of their strengths and resources to accelerate the region’s drive towards continental integration. Themed “Regional and Continental Integration for Africa’s Development” the 2018 AEC, jointly organized by the United Nations Development Programme, the United Nations Economic Commission for Africa, and the African Development Bank ...

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