President Bola Tinubu on Thursday in Abuja increased the federal government’s offer on the national minimum wage from N62,000 to N70,000, with an assurance that it will be reviewed after three years, instead of five years. In a meeting with…
Labour, FG Agree on ₦70,000 as New National Minimum Wage
Organised Labour and Federal Government of Nigeria have agreed on ₦70,000 as the new National Minimum Wage. This agreement was reached during the latest meeting between President Bola Tinubu and the leadership of organized Labour, held at the Presidential Villa…
Leading German diplomat nominated for UN General Assembly president
Leading German diplomat Helga Schmid is set to become president of the UN General Assembly in New York from next year. Germany’s federal government nominated the 63-year-old for the role at the headquarters of the United Nations on Wednesday, the…
German passenger rail service hit by strikes, construction and storms
Germany’s state-owned rail company Deutsche Bahn (DB) is blaming strikes, construction work and storms for a poor punctuality record in the first half of this year, with just 62.7% of long-distance trains arriving without major delay. “The massive strikes, country-wide…
At MEMAN Press Briefing, Speakers Advocate Competition, not Monopoly in Downstream Sector,
At the recent Major Energy Marketers Association of Nigeria (MEMAN) quarterly press briefing, various speakers advocated for the enabling environment for competition to thrive and not monopoly as only competition would guarantee better pricing, increased consumer awareness and quality products.…
Platforms Africa’s Adeola Yusuf Mentors Young Journalists at Olabisi Onabanjo Varsity
Team Lead of Platforms Africa, Adeola Yusuf, has mentored hundreds of young journalists and students of mass communication at Olabisi Onabanjo University (OOU) where he assured them of a promising future for journalism despite technological and economic challenges. Adeola Yusuf,…
Africa: Azule Energy Reiterates Commitment to Angola, Pioneers World’s First Green Floating Production Storage and Offloading (FPSO) Vessel
The African Energy Chamber commends Azule Energy for its sustainability efforts and operations in Angola as it supports the country’s E&P goals In a bid to solidify its position as a key player in the global energy market, Angola…
Oando Chief Executive Officer (CEO) to Champion Role of Local Explorers at MSGBC Oil, Gas & Power 2024
Adewale Tinubu, CEO of Nigerian multinational energy company Oando, will discuss the company’s latest acquisition and evolution into a leading indigenous explorer at the upcoming conference Following its milestone acquisition of Italian multinational Eni’s onshore assets in Nigeria, Oando…
African Development Bank’s sovereign portfolio retains top spot in 2024 Aid Transparency Index
Bank praised for detailed publication of project objectives, impact appraisal documents, environmental studies and evaluation reports Publish What You Fund, the global campaign for aid and development transparency, has once again named the African Development Bank’s sovereign portfolio as…
Nigeria to be Net Exporter of Petroleum Products by December 2024
Nigeria concludes plans to become net exporter of petroleum products by end of 2024
