BREAKING: FG, NLC Reach Agreement On New Minimum Wage

Hamilton Nwosa
Writer

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Oil Price Structure Flashes Fears of Oversupply

The oil price structure has started to slowly shift as prompt futures premiums are softening compared to later-dated contracts, signaling that the market believes supply would be plentiful as soon as peak summer travel season ends. The rise in supply from OPEC+ producers, as well as from Latin America and Europe, has eased the backwardation…

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By Obinna Uballa Super Falcons captain, Rasheedat Ajibade, has voiced her frustration and disappointment over what she called "the continued delay in the payment of the $100,000 cash reward and other bonuses promised to the team after their Women’s Africa Cup of Nations (WAFCON) victory." Speaking on an upcoming episode of With Chude, hosted by…

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After three days of horse trading and intense negotiation, both teams finally shifted ground from their earlier positions and agreed on certain percentages.

The federal government and organised labour, at the end of the meeting, agreed to percent increase of 23.2 percent for workers on level seven and 20 percent for workers on level eight, while it agreed on 19 percent increase for workers on level nine.

Also, the government and Organised Labour agreed on 16 percent salary increase for workers on level 10- 14 and 14 percent increase for workers on level 15-17.

Details shortly…

 

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