BUSINESS/INVESTMENT

Protesters Storm CBN Headquarters, Demand Emefiele’s Arrest, Resignation

Leave a Comment / Corruption, Crime, Economy /

Some Nigerians stormed the headquarters of the Central Bank of Nigeria (CBN) today to demand the resignation and arrest of CBN Governor Godwin Emefiele over the failed new naira notes policy. The protesters, wielding placards, were sighted on the premises of the apex bank, and noted that Emefiele had inflicted undue hardship on Nigerians, which […]

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President-elect Tinubu Vows to Provide Living Wage for Nigerian Workers

Leave a Comment / Economy, Politics /

President-elect Asiwaju Bola Tinubu has promised to provide Nigerian workers with a “living wage” that exceeds the minimum wage. In a statement issued on May 1, 2023, to mark the Workers’ Day celebration, Tinubu pledged to prioritize social and economic justice for all Nigerians, including working people, and to collaborate with labor unions to achieve

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Minister of Labour and Employment, Dr Chris Ngige, Reveals Monthly Salary of N942,000 after Tax

Leave a Comment / Economy, National News, Politics, TV & Radio /

The Minister of Labour and Employment in Nigeria, Dr Chris Ngige, has revealed that he earns a monthly salary of N942,000 after tax and takes no allowance. He made this disclosure during an interview on Channels Television’s Politics Today program on Tuesday, April 25, 2017. According to Ngige, his gross salary is N1,058, 964.00, out

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Anambra Governor Soludo threatens to cut salaries of workers who skip work due to sit-at-home order

Leave a Comment / Economy, Jobs/Careers, Politics /

The Governor of Anambra State, Chukwuma Soludo, has threatened to cut salaries of workers who skip work on Mondays due to the sit-at-home order issued by the Indigenous People of Biafra (IPOB) in the South-East region of Nigeria (Punch, 2022). Governor Soludo issued the threat on May 1, 2023, while addressing Anambra State workforce at

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Muhammadu Buhari’s Administration: A Comprehensive Overview of Achievements and Legacy

Leave a Comment / Economy, Politics /

The Presidency has released a 90-page fact sheet chronicling the high points of the Muhammadu Buhari-led government as it winds down on May 29, 2023. The fact sheet highlights the achievements of the administration in areas such as security, economy, anti-corruption, infrastructure, legislative matters, foreign affairs, sports, youth development, and many others. The fact sheet

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How to fund eNaira wallets — Bullnet boss

Leave a Comment / BUSINESS/INVESTMENT, Economy /

By Peter Egwuatu The Chief Executive Officer, Bullnet Bulletin and Enquiries Networking Services, has disclosed that eNaira introduced by the Central Bank of Nigeria, CBN, can be funded directly with cash-purchased vouchers. He disclosed this in a media parley during a presentation to showcase how the USSD channel of the eNaira can be employed to

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Amazon Workers Begin First Official Strike In UK Over Pay Rise

Leave a Comment / BUSINESS/INVESTMENT, International News /

The GMB union called for a walk-out after balloting members in December. The union is demanding an increase in pay from £10 to £15 per hour. Amazon has offered 50p per hour.   Amazon workers today started their first official strike action in the United Kingdom, walking out of the online retail giant’s Coventry warehouse

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