Author: InvestAdvocate

Labour strike: Banks, other institutions count losses

By Ademola Alawiye Thursday, 11 Nov 2010 Officials of Deposit Money Banks and other financial institutions in the country on Wednesday said that the strike embarked upon by the organised labour over the reommended minimum wage impacted negatively on their businesses. According to those who spoke to our correspondent in separate […]

UPDATE 1-Nigerian unions call off strike over minimum wage

ABUJA, Nov 10 (Reuters) – Nigeria’s main labour unions said on Wednesday they were calling off a nationwide strike but would meet again next month to evaluate the government’s progress on their demands for a higher minimum wage.     Banks, schools and parts of the transport system in Africa’s […]

Obama: Strong US economy key to global recovery

By ERICA WERNER, Associated Press  SEOUL, South Korea – President Barack Obama said a strong, job-creating economy in the United States would be the country’s most important contribution to a global recovery as he pleaded with world leaders to work together despite sharp differences.   Arriving in South Korea on Wednesday for the G-20 […]