The Trade Union Congress of Nigeria (TUC) has disagreed with the Nigeria Labour Congress (NLC) on the call for a nationwide protest without due consultation. The TUC urged the NLC to stop taking unilateral decisions on issues of interest to the two organisations. The TUC, in a letter addressed to the President of the NLC, Joe Ajaero said it was ... Read More »

The federal government has finalised plans to release an additional 60,000 metric tonnes of food grains to make food available and stabilize the price of foodstuff in the country. Minister of Finance and Coordinating Minister for the Economy, Wale Edun made this known in Abuja on Tuesday, February 20, at the Public Wealth Management Conference organised by the Ministry of ... Read More »

FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution. The FirstBank Cash Out Promo 2.0 which began on Monday, 15 January 2024, ends on Friday, 15 March 2024, and is open to new and existing customers. Leading up to the grand finale – with 1 million naira ... Read More »

Our bank, United Bank for Africa (UBA) Plc, has been announced as the official sponsor of the 4th edition of the ECOWAS Mining and Petroleum Forum (ECOMOF 2024) scheduled to take place at the Palais des Congrès in Cotonou, Benin from February 22 to February 24, 2024. Our Chairman, Tony Elumelu, would also be giving the keynote address during the ... Read More »

Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. During a meeting initiated by the Minister of Works, David Umahi, and attended by his counterparts from the Ministry of Industry, Trade, and Investment, including Doris Uzoka-Anite, in Abuja on Monday, February 19, efforts were made ... Read More »

The Presidency has said a controlled floatation of the Naira to prevent further devaluation would only return Nigeria to the economic regime of the embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele. It said the policy, which saw about $1.5bn spent monthly to shore up the Naira, fueled financial malpractices such as arbitrage which hurt the economy. ... Read More »

… …my signature was forged to take Party funds- Ex-Ag. national chair The last has not been heard about the crisis of confidence which has engulfed the leadership of the Labour Party over the administration of party funds. National Treasurer of the party, Ms. Oluchi Oparah, who was suspended by the Comrade Julious Abure-led National Working Committee (NWC), for six ... Read More »

President Bola Tinubu, on Sunday, February 18, pushed the nation’s agriculture potentials on a global scale, advancing a multi-sectoral partnership with the Federative Republic of Brazil. President Tinubu made the advances during a meeting with President Luiz Inácio Lula da Silva of Brazil in Addis Ababa, Ethiopia. According to a statement issued by Special Adviser to the President on Media ... Read More »

Worried by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers, the Honourable Minister of Works, His Excellency Sen Engr Nweze David Umahi CON, has summoned an urgent meeting of all cement manufacturers in Nigeria. Those invited are: 1. Dangote Plc, 2. BUA Plc 3.Larfarge and others. According to a press statement signed ... Read More »

The Federal government has said it cannot fold its arms and see the price of cement spiralled out of control. The Minister of Works, David Umahi has summoned cement manufacturers to a meeting on Monday to examine the issues surrounding the latest development. According to a statement by the Special Adviser to the Minister on. Edward, Uchenna Orji, the Minister ... Read More »