Resolutions reached at the meeting between FG and Organised Labour on 3rd June

RESOLUTIONS REACHED AT THE MEETING BETWEEN THE FEDERAL GOVERNMENT AND ORGANISED LABOUR HELD ON MONDAY, 3RD JUNE 2024 Further to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and subsequent withdrawal of Labour from negotiation, the Leadership of the National Assembly intervened on 2nd June 2024. The Organised Labour declared a nationwide…

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Reasons why Labour embarked on strike

A NEW NATIONAL MINIMUM WAGE AND HIKE IN ELECTRICITY TARIFF: WHY ORGANISED LABOUR IS STRIKING For about eight months now, Organised Labour, the Federal Government, and the Organised Private Sector have been engaged in negotiations for a new national minimum wage. The negotiation for a new national minimum wage finds its roots in law and…

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JUST IN: CBN revokes Heritage Bank licence

The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc, one of the depositing banks, with immediate effect. This was contained in a press release signed by Mrs Hakama Sidi Ali, Acting Director, Corporate Communications, CBN, on Monday, 3rd June 2024. The press release titled ‘CBN REVOKES THE BANKING LICENCE OF…

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