NLC cries out over workers’ worsening condition

The Nigeria Labour Congress (NLC) has said a monthly salary of ₦1 million would be worthless to workers without a stable naira and improved economic conditions. Mr. Joe Ajaero, NLC president, said organised labour was more concerned about the value of the naira than nominal wage increases, stressing that rising inflation has continued to erode workers’ purchasing…

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Bandits’ attacks: Fed Govt raises N500bn emergency security fund

About N500bn was deducted from the Federation Account Allocation Committee revenue for May 2026 to fund a national security emergency intervention, multiple sources familiar with the development. The deduction was made before the monthly revenue sharing exercise among the Federal Government, states and local government councils, according to senior officials privy to the FAAC proceedings….

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Nigeria, AfDB Push African Control Of Mineral Wealth Through Local Value Addition

Nigeria and the African Development Bank (AfDB) have renewed calls for African countries to take greater control of the continent’s vast mineral resources through local value addition, regional cooperation, strategic financing and ownership of mineral data to ensure that Africa derives greater economic benefits from its natural wealth. The call was made at the Ministerial…

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Lagos government raids Victoria Island, Lekki and Ajah at 2 am, arraigns over 100 suspected hoodlums

Over 130 people were arrested during a Lagos State overnight operation across Victoria Island, Lekki and Ajah, with more than 100 arraigned. Lagos authorities arrested more than 130 people during an operation between 2 am and 4 am. Over 100 defendants were arraigned before the Lagos State Special Offences Mobile Court. Some pleaded not guilty,…

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