Just In..Video-Labour Suspends Strike By 2weeks

Organised Labour in Nigeria has shelved its planned picketing of Offices of Central Bank of Nigeria, Nationwide by two weeks. The picketing and sit-at home was scheduled to hold from wednesday, March 29 across the country. At a joint Briefing in Abuja addressed by President of Nigeria Labour Congress,(NLC) Joe Ajaero and President of theContinue reading “Just In..Video-Labour Suspends Strike By 2weeks”

Breaking.. NLC To Suspend Nationwide Strike?

The Minister of Labour and Employment, Chris Ngige has met with CBN Governor Godwin Emiefele and the Nigeria Labour Congress President,(NLC) Joe Ajaero, in an effort to avert Nationwide strike billed to begin on Wednesday, over naira and fuel scarcity. After the tripartite meeting, the NLC President, Joe Ajaero said Labour was satisfied that CBNContinue reading “Breaking.. NLC To Suspend Nationwide Strike?”

Just In..Banks To Open on Saturdays& Sundays To ease Cash Crunch. *Emefiele Leads Compliance Monitoring.

The Central Bank of Nigeria,CBN, has directed all commercial banks to open for operation on Saturdays and Sundays to provide the notes released to them physically to customers and ensure that their ATMs are loaded. This is just as the Nigerian Labour Congress gets set to picket CBN offices nationwide over persistent naira scarcity. TheContinue reading “Just In..Banks To Open on Saturdays& Sundays To ease Cash Crunch. *Emefiele Leads Compliance Monitoring.”

Breaking Video..NLC Orders Sit-At-Home& Picketing.

The Nigeria Labour Congress, NLC has directed its members Nationwide to embark on sit-at-home, and to picket all offices of the Central Bank of Nigeria, CBN over persistent scarcity of cash from next Wednesday. The directive Follows the expiration of a 7-day protest/strike notice issued last week to the Federal Government over cash crunch, andContinue reading “Breaking Video..NLC Orders Sit-At-Home& Picketing.”

CBN-Bows To Supreme Court…”200,500& 1000 old Notes Remain Legal Tender”

The central bank of Nigeria, CBN has broken it’s silence on the use of all old naira notes, few hours after the presidency said it did not tell the Apex bank to disobey court orders. A statement by the CBN’sAg. Director, Corporate Communications,Isa AbdulMumin says Old N200, N500, and N1,000 banknotes Remain Legal Tender .TheContinue reading “CBN-Bows To Supreme Court…”200,500& 1000 old Notes Remain Legal Tender””

Just In ..NLC Gives 7-day Strike Notice Over Cash Crunch !

The Nigeria Labour Congress has issued a 7-day strike notice to the Federal Government and the central Bank of Nigeria, CBN, to make cash available to workers or be ready for a nationwide strike. NLC President, Joe Ajaero at an emergency briefing in Abuja acused the federal government and CBN of deliberately creating crisis amongContinue reading “Just In ..NLC Gives 7-day Strike Notice Over Cash Crunch !”