The Federal Government has finally paid the outstanding 45-month minimum wage arrears owed to staff of the Nigerian Meteorological Agency. This was revealed in a statement dated August 12, 2024, and signed by the Secretary of the NiMet Unions Joint Action Committee, Okechukwu Nwokoro, on Monday. The unpaid arrears, which date back to 2019, had been a source of tension …

Ecobank Transnational Incorporated (ETI) has repaid its $500 million five-year Eurobond, which was due today, 18th April. The bank stated this in a corporate filing with the Nigerian Exchange Limited, as obtained by  NEWSMEN on Thursday. ETI’s Group Chief Financial Officer, Mr. Ayo Adepoju said the bond represented ETI’s first Eurobond issuance in April 2019, noting that the repayment serves …