The rift between the Nigeria Labour Congress (NLC) and the Minister of Labour and Employment, Dr. Chris Ngige, may have ended as the leadership of NLC on Tuesday congratulated Ngige on his reappointment as Minister of Labour and Employment.
Oil prices fell sharply on Tuesday as the ongoing U.S.-China trade war cast a pall over markets, with soft South Korean data adding to concerns over emerging markets and a rise in OPEC output.U.S. crude was down 26 cents, or 0.5 per cent, at 54.84 dollars a barrel by 0644 GMT, while Brent LCOc1 was down 6 cents at 58.60 dollars a barrel.
Nigerian Stock Exchange, NSE, said it has lifted the trading suspension placed on the shares of Royal Exchange Plc. According to Vanguard, Royal exchange was among the 11 listed companies placed on suspension for non-compliance with Rule 3.1 relating to filing of accounts and treatment of default filing and the rulebook of the Exchange.