The President of the Trade Union Congress of Nigeria (TUC), Festus Osifo, has said that the much-awaited new minimum wage may not be announced on 1 May.Mr Osifo said this while speaking with journalists on Friday in Abuja. ”The negotiation by the Tripartite Committee is still ongoing. If you remember, the TUC earlier submitted N447,000 … Read more
State-run NTPC, NHPC and NLC India will see their weights go up on the Nifty CPSE following a semi-annual rejig in the index, effective from Thursday, March 28. The adjustment will likely trigger passive cumulative inflows of $94 million according to estimates by Nuvama. A lion’s share will be contributed by NTPC ($71 million) followed … Read more
The Nigeria Labour Congress (NLC) has dismissed a notice of nationwide strike allegedly scheduled for Monday. Benson Upah, NLC head of information and public affairs, said this in a statement on Sunday in Abuja. There was a statement purportedly signed by the General Secretary of NLC and Secretary General of TUC, Emmanuel Ugboaja, and Nuhu … Read more
