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Year: 2026

Organised labour to commence renegotiations with FG in July over new national minimum wage

Nigeria Labour Congress (NLC) says it will reject any proposal by government aimed at taxing national minimum wage earner, describing such move as ‘unjust and insensitive’ to the present economic realities in the country. The congress also insisted on urgent adoption…

Posted on VN
Business Energy Environment

Heirs Energies deepens sustainability with Agbada Green Corridor initiative

In a demonstration of its growing commitment to environmental stewardship alongside energy development, Heirs Energies Limited has launched the Agbada Green Corridor Initiative, a tree-planting programme designed to promote biodiversity, enhance climate resilience and support environmental sustainability across its operational…

Oyebodes Fund opens free admission to Shyllon Museum

In a landmark move that could reshape public engagement with art and culture in Nigeria, the Yemisi Shyllon Museum of Art (YSMA) has announced that admission to the museum will be free for all visitors from June 15, 2026, in…

Business Energy Money Market

Standard Bank backs Dangote Refinery IPO, expansion

The planned public listing of the Dangote Petroleum Refinery has received a significant boost after Africa’s largest banking group signalled its readiness to play a leading role in the transaction while pledging continued support for the industrial giant’s expansion ambitions…

Business Economy Energy

Renaissance CEO urges focus measurable reforms results

As Nigeria grapples with the challenges and opportunities arising from its ongoing economic reforms, the Managing Director and Chief Executive Officer of Renaissance Africa Energy Company Limited, Tony Attah, has argued that the success of those reforms should be measured…

Business Economy Electric power Energy Investments Money Market

Seplat Chairmanship cements Elumelu’s rising influence in Nigeria’s strategic sectors

Sopuruchi Onwuka The appointment of renowned investor and entrepreneur Tony Elumelu as Chairman-designate of Seplat Energy Plc marks more than a routine boardroom transition. It represents the latest milestone in the rapid expansion of his influence across Nigeria’s energy landscape…

Business Energy Money Market

Tony Elumelu Chairs the board, Okon runs the management of Seplat

Seplat Energy Plc has announced a major leadership transition, appointing leading African businessman and investor, Tony Elumelu, as its next Chairman and naming Engr. Effiong Okon as Chief Executive Officer. The appointments come as part of moves by Seplat to…

Business Economy International Business Labour

Kuwait bars Nigerians, 26 other nations from domestic jobs

Frank Okon Kuwait has introduced sweeping changes to its domestic worker recruitment policy, effectively excluding Nigeria and more than two dozen other countries from supplying labour to the Gulf state’s household services sector. Under a new circular issued by Kuwait’s…

Amid N30trn budget deficit, Nigeria mulls debt refinancing, fresh funding

Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has disclosed that the Federal Government could turn to debt refinancing and fresh loans in order to bridge its huge budget deficit reaching N30 trillion this year. According…

Posted on VN

GenCos reject FG’s N7trn resettlement plan, call for state of emergency in power sector

Federal Government’s debt owed to electricity generating companies (GenCos) have now reached N7 trillion, even as a planned resettlement option has been turned down by the operators, who insist on recovering their money. The GenCos have also called on government to…

Posted on VN