Court Orders NNPC To Reinstate Sacked Worker

The National Industrial Court on Monday adopted the terms of reinstatement of Francis Johnson, a sacked worker of the Nigeria National Petroleum Corporation, NNPC. Justice Edith Agbakoba in her judgment also ordered NNPC to offer Mr. Johnson a new contract. Ms. Agbakoba’s judgment followed the court’s adoption of the terms of settlement endorsed by counsel…

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Breaking: Heritage Bank Sacks 400 Staff

Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. Investigations by the News Agency of Nigeria, NAN, on Monday indicated that more workers are pencilled for sack. NAN reports that the bank, in October 2014, acquired Enterprise Bank with about N56 billion ($281 million). A top management source…

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Inflation Rate Hits 18.55% – NBS

By Philips Sunday Abuja, (AN24) – The National Bureau of Statistics has released the Consumer Price Index which measures inflation with the index rising by 18.55 per cent in the month of December 2016.…

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