Wednesday, March 19, 2025
A Federal High Court in Lagos, on Wednesday, granted an order for the interim forfeiture of properties valued at N11.14 billion linked to a former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. POLITICS NIGERIA gathered that Justice Chukwujekwu Aneke issued the order following a motion ex parte filed and argued […]
In December 2019, it was widely reported that the Nigerian government had approved a minimum wage of N30,000. This followed negotiations between the Nigerian government and labour unions. About five years down the line, there is a dispute between organised labour and the federal government. While there has been a […]
Nigeria’s current account balance has experienced a surplus of $1.432bn in 2024, according to a report by the International Monetary Fund (IMF). The report, ‘World Economic Outlook Database’ seen by Channels Television on Wednesday, noted that the increase in the Federal Government’s account for the period was an improvement from […]
The Nigeria Labour Congress and the Trade Union Congress have thumbed down the N500bn palliative proposed by President Bola Tinubu, stating that it is grossly inadequate to assuage the hardships confronting workers sequel to the fuel subsidy removal. They are demanding a 300 per cent salary increase to enable workers to […]
Founder and promoter of Fides Et Ratio Academy, an educational service provider, Paul Chukwuma, has been detained by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over his alleged involvement in contract scandal currently rocking the Tertiary Education Trust Fund (TETFund). Mr Chukwuma was detained upon honouring ICPC […]
Nigeria to begin milk exportation within Africa — Shettima Nigeria to begin milk exportation, internal displacement in Nigeria, market Vice President Kashim Shettima has reiterated the commitment of President Bola Tinubu-led government to explore the potentials in Nigeria’s dairy subsector to begin exportation of milk within the African continent under […]
The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the apex bank would terminate the licences of the three banks, following the revocation of Heritage Bank’s licence. However, in a post on its social […]
Aviation Unions have opened barricaded airport terminals, following suspension of an indefinite strike by the Nigerian Labour Congress, NLC, and Trade Union Congress, TUC. Francis Akinjole, General Secretary of Air Traffic Services Senior Staff Association of Nigeria, ATSSSAN, said that the strike was ‘relaxed’ for a week to enable the […]
Visitors stand at the booth of the Israeli defense technology company Israel Aerospace Industries (IAI) at the Eurosatory defense and security trade fair near Paris on June 13, 2022. PARIS — France has banned Israeli firms from participating in Eurosatory, Europe’s largest defense show, a little over two weeks before the […]
Organised Labour may settle for N100,000 minimum wage as the Tripartite Committee on National Minimum Wage commences daily meetings for five days to reach a consensus. Multiple sources in the labour movement told The PUNCH on Tuesday that the union leaders were willing to review their demand from N494,000 to N100,000, […]