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COVID-19: FAAN Slashes Workers’ Salaries

COVID-19: FAAN Slashes Workers’ Salaries   The Federal Airports Authority of Nigeria on Tuesday said it might not be able to pay full staff salaries as from May 2020 until there was an improvement in the current economic crisis caused by the COVID-19 pandemic. It, however, noted...

Reps To Donate Two Month Salaries To Fight COVID-19

Reps To Donate Two Month Salaries To Fight COVID-19   Members of the House of Representatives have resolved to donate their two months salaries to the fight the COVID-19 pandemic in Nigeria. The Speaker, Femi Gbajabiamila, who made the announcement via social media, on Tuesday, said the...

CBN Instructs Firms To Adopt E-payment For Salaries

CBN Instructs Firms To Adopt E-payment For Salaries   The Central Bank of Nigeria has directed firms with more than 20 employees to implement electronic payment system for the payment of their employees’ salaries and other obligations. Deposit Money Banks have been notifying their customers with business...

Salaries: Workers Close Down Kaduna Disco’s Office

Salaries: Workers Close Down Kaduna Disco’s Office   Workers of the Kaduna Electricity Distribution Company have vowed to continue to protest the nonpayment of their outstanding salaries and non-remittance of deducted pensions to their Pension Fund Administrations until their demands are met. Economic Confidential gathered that the...

E-payment: CBN Issues Guidelines For Salaries, Pension, Remittances

E-payment: CBN Issues Guidelines For Salaries, Pension, Remittances   In a bid to make the Nigerian payment system align with international best practice and drive its cashless policy, the Central Bank of Nigeria yesterday released an exposure draft on the Regulations on End to End Electronic...

Adamawa Workers Decry Non-payment Of 44 Months’Salaries

Adamawa Workers Decry Non-payment Of 44 Months'Salaries Over hundred workers of Adamawa state Agricultural Development and Investment Ltd.(AADIL) have appealed to Governor Muhammad Umaru Jibrilla to intervene by paying them their forty four months salaries arrears. The AADIL staff said the last time they paid salaries...