LABOUR

  With a total of  22.4 million Nigerians unemployed or under‐employed out of the 76.9 million total labour force, Worldstage Economic Summit (WES) 2016 (http://worldstagegroup.com/wes/) will be hosting in Lagos between September 7 and 8, 2016 to address the  unemployment challenges in the African biggest economy. According to Mr Segun...

The Minister of Labour and Employment, Dr. Chris Ngige, has condemned the reaction of the Nigeria Employers’ Consultative Assembly (NECA) as spearheaded by its Director General, Mr Segun Oshinowo,  on the directive to banks to stop staff retrenchment, even as he has said that the Federal Government has invited the...

The Nigeria Employers’ Consultative Association (NECA) has kicked against the proposed picketing of some banks by the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) as a result of retrenchment in the sector. Reacting to the issue, NECA said that the labour law recognizes the right of employer...

The Federal Government has directed banks, insurance and financial institutions to suspend the on-going retrenchment in the sector. The Minister of Labour and Employment, Dr Chris Ngige in a statement he signed in Abuja on Friday and made available to newsmen. The minister in the statement said:  "following spate of...

By Niyi Olaoye The Trade Union Congress of Nigeria (TUC) said it will acquire 57 per cent stake of Unity Bank Plc and become the major shareholder of the bank very soon. President of the congress, Comrade Bala Kaigama, gave this hint while speaking at the 10th Triennial National Delegates...

By our Correspondent The Nigerian Labour Congress (NLC) has reacted swiftly to the news of subsidy removal on the Premium Motor Spirit (PMS) known as petrol and the subsequent increase of its pump price from N86 to N145 per litre, promising the Federal Government that it would resist the move....