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Nigeria minimum wage

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Wema Bank secures €50m EIB facility to support SMEs

Wema Bank has secured a €50m financing facility from EIB Global to expand credit for small and medium-sized enterprises, focusing on youth- and women-owned businesses.
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Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over...
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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.
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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.
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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.
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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
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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.
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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.
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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

Wema Bank secures €50m EIB facility to support SMEs

Wema Bank has secured a €50m financing facility from EIB Global to expand credit for small and medium-sized enterprises, focusing on youth- and women-owned businesses.
News

Okowa Visits EFCC Over N1.3 Trillion Probe

KEY POINTS • Former Delta State Governor Ifeanyi Okowa visited the EFCC’s Lagos office over...
News

Fidson hails BoI and EIB roles in expanding pharmaceutical manufacturing

Fidson Healthcare has commended the Bank of Industry and EIB for concessionary financing that has driven its growth in pharmaceutical manufacturing, jobs and green production.
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NIWA moves to clean up waterways and boost blue economy investment

NIWA has launched a comprehensive clean-up of Nigeria's inland waterways to tackle pollution, improve navigation safety and attract investment into the country's blue economy.