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Nigeria minimum wage

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Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
News

NASS Approves N6.2 Trillion Budget Increase, Supports Minimum Wage Hike

The National Assembly approves a N6.2 trillion budget increase, supporting a minimum wage hike and funding critical infrastructure projects.
News

President Tinubu to Meet With Organized Labour Today Over Minimum Wage

President Tinubu prepares for a decisive meeting with labor leaders to finalize Nigeria's minimum wage discussions.
News

Outcry Over Governors’ Remarks on Proposed N60,000 Minimum Wage

Nigerians criticize governors for dismissing proposed N60,000 minimum wage as unrealistic, calling the move insensitive amid economic hardships.
News

President Tinubu: Nigeria Will Pay What It Can Afford in Minimum Wage

Nigerian President Bola Tinubu emphasizes that the country will adhere to a minimum wage that aligns with its economic capabilities, stressing a balanced approach to wage adjustments amid economic challenges
News

Labor Unions Stand Firm on Rejecting Minimal Increases to Proposed N60,000

Nigerian labor unions stand firm against minimal increases to the proposed N60,000 minimum wage, demanding substantial adjustments.
News

Labour Rejects FG’s N60,000 Wage, Demands N494,000

Labour unions in Nigeria reject the government's N60,000 minimum wage offer, holding firm on their N494,000 demand amidst crucial negotiations.
News

New Minimum Wage to Start May 2024 – FG

Set to begin in May 2024, Nigeria's new minimum wage will include arrears payment from the start date, as announced by the government.

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News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.