Tag: Increase
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Aviation unions back proposed increase in passenger service charge
Some unions in the aviation sector have backed the proposed increment in the Passenger Service Charge (PSC) by the Federal Airports Authority of Nigeria (FAAN). The unions – Association of Nigerian Aviation Professionals (ANAP) and the National Union of Air Transport Employees (NUATE) – made their position known to journalists on Sunday in Lagos. The…
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Nigeria stock market index records marginal increase
Transactions on the Nigerian Stock Exchange (NSE) ended on a cautious note on Wednesday with the All-Share Index increasing marginally by 0.02 percent. The index rose by 9.92 points or 0.02 per cent to close at 42,158.32 compared with 42,148.40 achieved on Tuesday due to marginal price growth by blue chips. Also, market capitalisation which…
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NLC, TUC submit new petition, demand increase in minimum wage above N56,000
The Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, have submitted a new request for an increase of the national minimum wage above N56,000 per month to the tripartite committee on minimum wage. This was disclosed by at the 11th Quadrennial Delegates Conference of the Nigeria Civil Service Union by the acting NLC…
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No plans to increase petrol price above N145, NNPC assures Nigerians
The Nigerian National Petroleum Corporation (NNPC) has reiterated that it has no plans to increase the pump price of petrol. NNPC made the denial in a statement by Mr Ndu ughamadu, its Group General Manager, Group Public Affairs Division. The statement explained that the recent increase in bridging allowance to transporters from N6.20 to N7.20…
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No plans to increase petrol pump price – NNPC
The Nigerian National Petroleum Corporation, NNPC has said the general public should disregard rumours flying around that it intends increasing prices of petroleum products in the country. In a statement released on Wednesday in Abuja by the Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, the Corporation further assured motorists that there was…
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November inflation rate may increase to 18.45% – FSDH
FSDH Research, an investment analyst company on Thursday said the November 2016 inflation rate (year-on-year) might increase further to 18.45 per cent. The figure represented an increase of 0.12 per cent from 18.33 recorded in the month of October 2016. The National Bureau of Statistics (NBS) is expected to release the inflation rate for the…