News
New minimum wage: Labour announces date for nationwide strike

Following the inability of the Federal Government to urgently transmit the bill on the new national minimum wage to the National Assembly, the Nigeria Labour Congress, NLC, has set Jan. 8 as date for the commencement of an indefinite nationwide strike.
NAN reports that NLC president, Comrade Ayuba Wabba said the strike would be inevitable if nothing happened before the set date.
He appealed to workers across the nation to support the action to succeed in the interest of their social and economic prosperity.
Wabba called on the Federal Government to urgently transmit the bill on the new national minimum wage to the National Assembly for a speedy passage.
He said: “It is unfortunate that the Federal Government is yet to transmit to the National Assembly an executive bill for the enactment of N30,000 as the new national minimum wage.
“Government’s dilly-dallying on the issue has strained Government-Labour relations with a potential for a major national strike which could just be days away.
“I want to appeal to the government to do the needful by urgently transmitting the bill on the new national minimum wage to the National Assembly.
“We also would like to use this same opportunity to urge workers to fully mobilise for a prolonged national strike and enforce their right.”
Explaining that the strike has becomes inevitable as the last option for labour, the NLC president called on all Nigerians and businesses to understand and support it.
He however assured workers that their labour, patience and diligence would not be in vain.
Wabba said the NLC leadership remains committed to giving all it takes to ensure workers get just and fair wages in a decent work environment appropriate to their well-being.
He added that the NLC leadership is similarly committed to social protection for workers.
“The new year presents great opportunities for workers, pensioners, civil society allies and their friends and families to put their numbers to good use.
“This is by voting out, not on the basis of tribe or religion but purely policy, any candidate that cannot serve their interest.
“In the year that is ahead of us, the NLC remains unequivocally committed to the national and workers’ goals which include the campaign for industrialisation, against selective enforcement of “No Work, No Pay” policy of government, among others,” he said.
News
FG Declares April 18, 21 Public Holidays for Easter Celebration

The Federal Government has declared Friday, 18 April and Monday, 21 April 2025 as public holidays to mark Good Friday and Easter Monday celebrations across the country.
This was announced in a statement issued on Tuesday by the Permanent Secretary of the Ministry of Interior, Dr Magdalene Ajani, on behalf of the Minister of Interior, Dr Olubunmi Tunji-Ojo.
“Announcing this on behalf of the Federal Government, the Minister of Interior, Dr Olubunmi Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion,” the statement read.
The Minister emphasised the significance of Easter, urging Christians to reflect on the virtues of sacrifice, love, and selflessness exemplified by Jesus Christ, who laid down His life for the redemption of humanity.
Dr Tunji-Ojo also encouraged Nigerians to use the holiday period to offer prayers for peace, unity, and stability in the country. He reaffirmed the commitment of President Bola Ahmed Tinubu’s administration to the Renewed Hope Agenda, aimed at driving national growth and development.
In his message, the Minister called on citizens to extend love and goodwill to their neighbours through acts of kindness and generosity, embodying the spirit of Easter.
He concluded by wishing Christians a blissful Easter celebration and extended warm holiday greetings to all Nigerians.
News
Pandemonium as Irate Investors Storm CBEX Office in Ibadan

There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.
The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.
The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.
The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.
It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.
As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.
Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.
News
Pandemonium as Irate Investors Storm CBEX Office in Ibadan

There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.
The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.
The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.
The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.
It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.
As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.
Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.
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