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News - Page 489

South Africa Withdraws Asylum Directive After Anti-Migrant Violence

October 9, 2026

South Africa has withdrawn a directive facilitating asylum applications after anti-immigration protests turned violent in Durban and Johannesburg, with at least 24 vehicles torched and businesses looted, police said. The Department of

Minimum Wage Decision Expected as Nigerian Labour Leaders Await President's Response ABUJA, NIGERIA – The discussions on the new minimum wage between the Federal Government and Organized Labour are anticipated to conclude today, with labour leaders keenly awaiting President Bola Tinubu's verdict on their N250,000 proposal. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had set a Monday deadline for finalizing the new minimum wage talks. Last Friday, the Tripartite Committee on National Minimum Wage concluded its meetings where the Federal Government and the Organized Private Sector agreed on N62,000, while Labour demanded N250,000. However, the Nigeria Governors Forum declared that any minimum wage exceeding N60,000 would be unsustainable. A labour leader who spoke anonymously on Sunday stated, "We have submitted the report to the president and are waiting for him to make his decision. That is the most important thing and that is what we are all waiting for." The labour leaders, including NLC President Joe Ajaero, are currently attending a labour conference organized by the International Labour Organisation in Geneva, Switzerland. The leadership plans to hold a National Executive Council meeting upon their return, where a decision on a potential strike will be made based on the president's feedback. "We must come back from Geneva first before we can hold a NEC meeting. We are also trying to be careful so the government won't say Labour is inciting citizens against it. We are waiting for the president's decision," added another top NLC official. The labour unions, comprising the NLC and TUC, recently embarked on a two-day nationwide strike to demand a new minimum wage and the reversal of the electricity tariff hike. The strike was suspended for five days after a commitment was made with the Federal Government to resume negotiations and establish a new minimum wage within a week. Following a six-hour meeting between labour leaders and the National Assembly in Abuja, President Tinubu directed the finance minister, Wale Edun, to present the cost implications of a new minimum wage within two days. The finance minister, alongside the Minister of Budget and National Planning, Atiku Bagudu, presented the cost implications at the Presidential Villa on Thursday. The president is currently reviewing the proposal and is expected to make an official announcement soon. When asked about the Monday ultimatum, a source within the NLC said, "We have sent a report to the committee and are expecting the president to act on it. We will hold a National Executive Council meeting regarding the ultimatum when we return from Geneva. It is very important for us to be there, but right now, we are patiently waiting for the decision of Mr President." Organized Labour's recent actions underscore the urgency and importance of establishing a new minimum wage for Nigerian workers. The outcome of President Tinubu's decision will be crucial in determining the next steps for both the government and the labour unions. Related News: Atiku claims to have saved Tinubu's political career Debating the appropriate wage for workers Labour criticizes governors for minimum wage stance The labour leaders and the nation await the president's decision, which will significantly impact the economic and social landscape of Nigeria.

Labour·News·Nigeria·Top Stories

Nigeria Labour Congress Gives Government Two Weeks to Cut Petrol Prices, Resume Wage Talks

October 9, 2026

The Nigeria Labour Congress (NLC) has given the federal government two weeks to reduce petrol prices, begin negotiations for a new national minimum wage and implement outstanding agreements with workers, warning that

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd December 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

December 22, 2024

Business News·News·Oil & Gas

Dangote Refinery Partners MRS To Deliver Petrol At N935/Ltr Nationwide

The Dangote Refinery announced a strategic partnership with MRS to sell Premium Motor Spirit (PMS), commonly known as petrol, at ₦935 per litre nationwide. This initiative is aimed at ensuring that recent price reductions reach Nigerian consumers directly through retail outlets across

December 21, 2024

News

Video Of Chaotic Boarding Scene Designed To Mislead Flying Public – Air Peace

Largest Nigerian Carrier, Air Peace, says the chaotic aircraft boarding video and the accompanying narrative being circulated on social media were the handiwork of enemies working hard to disparage the airline and mislead the flying public. The airline said the incident captured

December 21, 2024

World News

Deadly Attack On Christmas Market In Germany Kills 5, Nearly 200 Injured

A deadly attack on a Christmas market in Magdeburg, Germany on Friday has left five people dead, including a child, and nearly 200 injured. Authorities have described the incident as a deliberate act, with the 55-year-old suspect, identified as Taleb A., now

December 21, 2024

Business News·News·Oil & Gas

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

In what seems like an emerging competition in the downstream sector, the Nigeria National Petroleum Company Limited (NNPCL), has cut its ex-depot price of Premium Motor Spirit (PMS), also known as petrol to ₦899 per liter. This reflects a 12 per cent

December 21, 2024

Kidnappers Kill Female Banker, Dump Body On Roadside After Collecting Ransom In Anambra

News

Okija Stampede: 19 Die Scrambling For Christmas Rice In Anambra

A few days after the stampede that killed about 35 children in Ibadan, Oyo State during a Christmas party, another one has occurred in Okija, Anambra State on Saturday morning with not less than 19 persons dead. They were said to have

December 21, 2024

Why Weak Dollar Despite Trade War Could Benefit Nigeria – Experts

Business News·News

Yuletide: CBN Allows BDCs To Buy $25,000 Weekly Forex Needs

The Central Bank of Nigeria (CBN) has announced a temporary initiative allowing Bureau de Change (BDC) operators to purchase up to $25,000 weekly from the Nigerian Foreign Exchange Market (NFEM). This measure, effective from December 19, 2024, to January 30, 2025, aims

December 21, 2024

Hunger Crisis: The Forgotten Spirit Of Christmas In Nigeria

Business News·FEATURES·News

How Hunger Crisis Overshadows Spirit Of Christmas In Nigeria

In Nigeria, the Christmas season has traditionally been a time of joy, love, and sharing. It is a period when families come together, communities unite, and the spirit of giving thrives. Yet, this year, the celebration is overshadowed by a growing hunger

December 21, 2024

Business News·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st December 2024

December 21, 2024

News·Top Stories·World News

Interesting Facts About Doug Collins, Trump’s Pick For Secretary Of Veterans Affairs

President-elect Donald Trump has announced that Doug Collins will be the next Secretary of Veterans Affairs. Collins, a former Georgia congressman, is known for his role in defending Trump during high-profile investigations and his strong ties to conservative values. A Minister with

December 21, 2024

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 489

South Africa Withdraws Asylum Directive After Anti-Migrant Violence

Nigeria Labour Congress Gives Government Two Weeks to Cut Petrol Prices, Resume Wage Talks

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd December 2024

Dangote Refinery Partners MRS To Deliver Petrol At N935/Ltr Nationwide

Video Of Chaotic Boarding Scene Designed To Mislead Flying Public – Air Peace

Deadly Attack On Christmas Market In Germany Kills 5, Nearly 200 Injured

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Okija Stampede: 19 Die Scrambling For Christmas Rice In Anambra

Yuletide: CBN Allows BDCs To Buy $25,000 Weekly Forex Needs

How Hunger Crisis Overshadows Spirit Of Christmas In Nigeria

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st December 2024

Interesting Facts About Doug Collins, Trump’s Pick For Secretary Of Veterans Affairs

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South Africa Withdraws Asylum Directive After Anti-Migrant Violence

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South Africa Withdraws Asylum Directive After Anti-Migrant Violence

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