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Nigeria minimum wage

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SMEDAN unveils N500m zero-interest fund for MSMEs

SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
Business

FG unveils 2026 push for industrial growth, trade and investment

The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
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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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Business

SMEDAN unveils N500m zero-interest fund for MSMEs

SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
Business

FG unveils 2026 push for industrial growth, trade and investment

The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
News

AfCFTA lifts Nigeria’s intra-African trade by 21 percent to $9.02billion in 2025

Nigeria's intra-African trade rose 21 percent to $9.02bn in 2025, as the AfCFTA unlocked new export markets and lower trade barriers, an Afreximbank report says.
News

Nigeria sets date for next evacuation flight from South Africa

Nigeria's government will return another group of citizens from South Africa on Tuesday, ahead of anti-immigrant protests set to begin June 30.