Browse Category

News - Page 494

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South Africa has withdrawn a directive facilitating asylum applications after anti-immigration protests turned violent in Durban and Johannesburg, with at least 24 vehicles torched and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

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business News·Markets·News

Nigerian Stock Market Hits 100,000 Points As Buyers Drive Key Gains

The Nigerian Stock Market witnessed a significant milestone on Tuesday as the benchmark performance index crossed the 100,000-point mark. This was driven by increased buying activity on the Nigerian Exchange Limited (NGX) ahead of the festive season. The market recorded a 0.13%

December 18, 2024

HURIWA Condemns Security Agencies Clampdown On Media, Protesters

News

Anambra Insecurity: HURIWA Calls For Urgent Reforms

Human Rights Writers Association of Nigeria (HURIWA) has expressed grave concerns over the escalating insecurity in Anambra State. The group’s call followed a recent declarations by non-indigenes that 15 out of the state’s 21 local government areas are unsafe. It described the

December 18, 2024

Apple To Pay $95m In Siri Privacy Settlement

Africa·News·Technology·Top Stories

DR Congo Sues Apple Over Illegal Mineral Exploitation

The Democratic Republic of the Congo (DRC) has launched a criminal case against Apple, accusing the company of using illegally mined minerals in its products. The lawsuit, filed in courts in Paris and Brussels, claims that Apple’s supply chain includes “blood minerals”

December 18, 2024

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

Business News·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th 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 18, 2024

Air Peace Leads With Highest Passenger Traffic In Nigeria

News

Air Peace Begins Flights From Anambra To London

In its quest for route expansion and increasing connectivity for Nigerian travellers, largest Nigerian carrier, Air Peace, has commenced flight operations from Chinua Achebe International Airport, Umueri Anambra State to Gatwick Airport London. This offers people who are traveling to London from

December 17, 2024

World News

Assad Speaks From Exile: Final Departure From Syria ‘Not Planned’

Bashar al-Assad, the former president of Syria who fled to Russia as rebel forces launched a series of attacks that overwhelmed his military, has broken his silence. Speaking from exile for the first time since his departure, Assad denied that his exit

December 17, 2024

News

Kemi Badenoch Didn’t Lie About Police Criminality, Nigerians React

Mixed reactions have continued to trail comments by the United Kingdom (UK) Conservative Party leader, Kemi Badenoch, who accused Nigeria police operatives of indulging in criminality while discharging their duties.Badenoch, who is currently the opposition leader, had in an interview recently, accused

December 17, 2024

Business News·News

Why Nigerian Banks, Others Will Face Turbulent 2025 – Fitch Ratings Predicts

Fitch Ratings has predicted a difficult operating environment for Nigerian banks in 2025, citing multiple domestic and global challenges. This projection was highlighted in its African Banks Outlook 2025 report, which outlines key risks and potential impacts on the banking sector. The

December 17, 2024

Africa·Business News·News

AfDB Urges Action As Nigeria, African Nations Face $74bn Debt Burden

African countries, including Nigeria, will require around $74 billion to service their debts in 2024, according to the Vice President and Chief Economist of the African Development Bank (AfDB), Prof. Kevin Urama. This disclosure was made at the Debt Management Forum for

December 17, 2024

News·Sports·Top Stories

6 Nigerians Who Have Won The CAF African Men’s Footballer Of The Year Award

The CAF African Men’s Footballer of the Year award is one of the most prestigious honors in African football. Nigerian footballers have left an indelible mark on the award’s history. From Rashidi Yekini’s groundbreaking win in 1993 to Ademola Lookman’s victory in

December 17, 2024

Previous 1 … 492 493 494 495 496 … 1,861 Next

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

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

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

News - Page 494

South Africa Withdraws Asylum Directive After Anti-Migrant Violence

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

Nigerian Stock Market Hits 100,000 Points As Buyers Drive Key Gains

Anambra Insecurity: HURIWA Calls For Urgent Reforms

DR Congo Sues Apple Over Illegal Mineral Exploitation

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th December 2024

Air Peace Begins Flights From Anambra To London

Assad Speaks From Exile: Final Departure From Syria ‘Not Planned’

Kemi Badenoch Didn’t Lie About Police Criminality, Nigerians React

Why Nigerian Banks, Others Will Face Turbulent 2025 – Fitch Ratings Predicts

AfDB Urges Action As Nigeria, African Nations Face $74bn Debt Burden

6 Nigerians Who Have Won The CAF African Men’s Footballer Of The Year Award

Featured Stories

U.S. Consulate Hits Roof Milestone at $537m Eko Atlantic Complex, Injects $95m into Nigerian Economy

37 Dead: The Cost of Lithium

Lithium: New Oil, Same Curse?

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

Whatsapp Channel

Latest News

South Africa Withdraws Asylum Directive After Anti-Migrant Violence

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

Cape Town to Host African Energy Week 2026 from October 12

Burkina Faso Proposes 4.84 Trillion CFA Franc Budget, Plans Health and Infrastructure Investments

Iran Conflict Pushes South African Fuel Prices Sharply Higher

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

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

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

South Africa Withdraws Asylum Directive After Anti-Migrant Violence

Suggestions

News - Page 494

Featured Stories

Follow Us

Whatsapp Channel

Latest News