Nigeria Labour Congress, NLC, Ayuba Wabba said private and public employers in the country were convinced that the N18,000 national minimum wage was no longer realistic, considering the present socio-economic indices in the country. His statement came a few days after the Technical Committee on...

Small indigenous operators in the mining industry will benefit from the N30bn Mining Intervention Fund approved by the Federal Executive Council, the Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said. Fayemi said this while inspecting quarrying facilities at CIBI Nigeria Limited’s quarry...

Employers under the aegis of the Nigeria Employers’ Consultative Association have decried the retention of the nation’s Monetary Policy Rate at 14 per cent, saying it had increased the cost of business financing. Speaking on the state of the economy at a press conference in...

Following the myriad of suggestions favouring adjustment in the price of petrol, the board of the Petroleum Products Pricing Regulatory Agency (PPPRA), the agency responsible for fixing fuel price, will meet on Thursday to consider among other issues, the review of the petroleum product...

The nation’s Organised Private Sector comprising the Nigeria Employers’ Consultative Association (NECA), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and Manufacturers Association of Nigeria (MAN) have thrown their weight behind the Financial Reporting Council of Nigeria, FRC on the recently...

The Nigeria Employers’ Consultative Association has clarified the alleged retrenchment of workers by some Deposit Money Banks in the country. The representative of employers’ in the private sector, at a press conference on Monday, explained that the issue of retrenchment in the banking sector had...