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Australian Workers Gain New “Right to Disconnect” from After-Hours Work Communication

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Australian employees now have the legal right to ignore calls and texts from their managers outside of work hours without fear of disciplinary action, thanks to the newly introduced “right to disconnect” law.

Under the new regulations, workers are not required to read, monitor, or respond to work-related communication outside of paid working hours, unless deemed unreasonable. Prime Minister Anthony Albanese emphasized the importance of this law, noting that employees aren’t paid to be on call 24 hours a day. He described the law as essential for mental health, as many Australians have grown frustrated with the expectation to always be available.

Workplace Relations Minister Murray Watt echoed these sentiments, highlighting that the law aims to restore a healthier work-life balance by respecting employees’ personal time. He argued that after-hours calls, particularly for junior staff on lower salaries, should be reserved for urgent matters that cannot wait until the next working day.

Many workers have welcomed the change. Part-time airline customer service worker Lizzy Grant expressed relief at the new law, noting that her job often felt overwhelming due to after-hours demands. Similarly, advertising worker Rachel Abdelnour said the legislation would help her manage work-life boundaries in an industry with varying client schedules.

Supporters of the law argue that it empowers workers to push back against the intrusion of work into their personal lives, a trend that has intensified since the COVID-19 pandemic blurred the line between home and work. Associate Professor John Hopkins from Swinburne University pointed out that before the digital age, employees left work behind at the end of their shift, a practice that has been eroded by constant digital connectivity.

The new law places Australia among roughly two dozen countries, primarily in Europe and Latin America, that have similar regulations. While the law allows for employer contact in emergencies or irregular work situations, employees can refuse if it’s deemed unreasonable. Any disputes over reasonableness can be addressed by the Fair Work Commission.

Non-compliance with the law may result in significant fines, with penalties up to A$19,000 for individuals and A$94,000 for companies. However, the Australian Industry Group has criticized the law for its lack of clarity, predicting confusion and potential economic slowdown as a result.

Despite these concerns, trade unions have praised the law for safeguarding workers’ rights without interfering with reasonable requests. The law aims to curb situations where poor management planning unfairly disrupts workers’ personal lives.

One worker’s experience was cited as an example, where they were asked to return to work just hours after finishing a midnight shift, illustrating the need for common sense in communication and scheduling practices.

The law is seen as a significant shift toward valuing both work and personal well-being in Australian society.

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CBN Restores BDC Access to FX Market, Caps Weekly Purchases at $150,000

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By Huldah Shado

The Central Bank of Nigeria (CBN), has approved the participation of licensed Bureau De Change (BDC), operators in the Nigerian Foreign Exchange Market (NFEM), allowing each BDC to purchase up to $150,000 weekly.

The approval was contained in a circular dated February 10, 2026, signed by the Director of the Trade and Exchange Department, Dr. Musa Nakorji, and addressed to authorised dealer banks and the general public.

The CBN said the move is aimed at improving foreign exchange liquidity in the retail segment of the market and meeting the legitimate needs of end users, amid a widening gap between the official and parallel market exchange rates.

Under the new arrangement, licensed BDCs can access foreign exchange from the NFEM through any authorised dealer bank of their choice at the prevailing exchange rate.

The apex bank directed banks to carry out full Know-Your-Customer (KYC), and due diligence checks on BDC clients before selling foreign exchange to them.

It also imposed reporting and transparency requirements, mandating BDCs to submit returns electronically to the CBN.

In addition, the bank prohibited third-party transactions and limited cash settlement to a maximum of 25 per cent of each transaction.

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Abuja Reports

Ultraviolet MFB MD Visits Equity Circle, Eyes Strategic Partnership

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By Samson Adeyanju 

The Managing Director and Chief Executive Officer of Ultraviolet Microfinance Bank, Bayonle Omoyele, has paid a working visit to Equity Circle, one of Abuja’s fast-growing real estate companies, as part of efforts to strengthen strategic partnerships within Nigeria’s real estate sector.

During the visit, Equity Circle’s Co-Founder and Chief Marketing Officer, Fabian George, conducted Omoyele on a tour of the company’s facilities and outlined its growth trajectory.

He disclosed that the firm recorded significant milestones over the past four years, culminating in an ₦8 billion revenue in the 2025 financial year.

Discussions between both parties focused on establishing a strategic credit relationship, with proposed areas of collaboration including invoice discounting, structured credit solutions, and cash-flow management support to help Equity Circle sustain and scale its operations.

Addressing Equity Circle staff during an interactive session, Omoyele emphasised the importance of strong marketing fundamentals, highlighting the 4Ps of marketing-Product, Price, Place, and Promotion, as key drivers of long-term competitiveness and brand leadership.

He also urged the team to adopt a long-term growth mindset, remain focused, and ensure that every unit contributes meaningfully to the organisation’s strategic goals, noting that disciplined execution is critical in Nigeria’s evolving real estate market.

The visit underscores Ultraviolet Microfinance Bank’s commitment to supporting high-growth enterprises through tailored financial solutions and partnerships that promote sustainable economic development.

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Moniepoint Strengthens Africa’s Tech Talent Pipeline with DreamDevs Cohort 2

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By Omoniyi David

Moniepoint Inc has reaffirmed its commitment to building Africa’s technology talent pipeline, announcing the opening of applications for the second cohort of its flagship DreamDevs initiative.

Co-Founder and CTO Felix Ike described DreamDevs as a programme that equips recent graduates with industry-ready skills and hands-on experience to bridge the continent’s tech talent gap.

“The success of our first cohort validated that Africa’s young tech talent can compete globally. This year, we aim to convert half of our participants into full-time employees,” Ike said, adding that the initiative creates sustainable career pathways that drive Africa’s digital economy.

DreamDevs complements Moniepoint’s other talent development programmes, including HatchDev, in collaboration with NITHub, University of Lagos, which trains about 500 specialised developers annually, and the Women-in-Tech programme, now in its fifth year.

The initiative also aligns with the Federal Government’s 3 Million Technical Talent (3MTT), programme, with Moniepoint serving as a key sponsor, offering graduates a specialised pathway from training to employment.

DreamDevs underscores Moniepoint’s broader mission to leverage technology to empower Africa’s youth and advance the continent’s digital economy.

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