President Bola Tinubu has approved N70,000 as the new minimum salary for workers in the country. Tinubu announced the minimum wage during a meeting with NLC and TUC leaders at the presidential palace on Thursday. CLICK to join the YouTube Channel for latest updates The meeting was attended by Joe Ajaero, president of the National Labour…
Meta has released an update that Nigerian and Ghanaian content creators with 5, 000 followers can henceforth earn money on Facebook starting from July 1, 2024. Follow any of our social handles on Facebook, YouTube, Telegram, and Twitter (X) for more educational content, relevant news updates, job updates, and scholarship opportunities updates. The features rolled out by the company include…
The coronation and presentation of the Staff of Office to Oba Owolabi Olakunlehin as the 43rd Olubadan of Ibadanland has been approved by Oyo State Governor Seyi Makinde. July 12, 2024, is the planned date of the ceremony. Unlock Your Full Potential: Discover Free Productivity Tools for Unmatched Growth! Sign Up Now and Boost Your…
The Oyo State Government has announced the launch of an online recruitment platform for 7,000 primary school teachers and 100 caretakers for special education facilities throughout the state. Dr. Nureni Adeniran, Executive Chairman of the State Universal Basic Education Board (SUBEB), introduced the platform at a news conference in Ibadan on Tuesday. Unlock Your Full…
According to President Bola Tinubu, a new minimum salary that the government can afford will be approved. At the dinner held in honor of Nigeria’s 25 years of uninterrupted democracy in Abuja on Wednesday, he made this statement. The President thanked everyone who has supported him throughout the years and assured the people of Nigeria…
On Wednesday, the federal government chastised organized labor for failing to take into account the wider economic consequences of their demands for an unjustifiably higher national minimum wage. The admonition was delivered by Mohammed Idris, Minister of Information and National Orientation. Idris warned that the N250,000 minimum salary proposed by labor may damage the economy,…
The one-week grace period granted to the Federal Government on Tuesday, June 4, 2024, will end at midnight on Tuesday, June 11, 2024, according to Organised Labour. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) said that their organs would meet tomorrow (Tuesday) to decide whether to resume the nationwide industrial action…
The federal government and the organized labor unions, NLC and TUC, met on Friday after several hours of meetings. The federal government was able to increase the proposed new minimum wage from the earlier N60,000 to N62,000. The organized labor has changed their mind by shifting their demand from N494,000 to N250,0000.” This marks the end…
Wale Edun, minister of finance and coordinating minister of the economy, has submitted new national minimum wage options and projected cost implications to President Bola Tinubu. The minister of finance, accompanied by the minister of economy, has successfully submitted the new minimum wage proposal with all the associated costs of implementation. The new minimum wage…
The Central Bank of Nigeria (CBN) revoked Heritage Bank’s operating license Wednesday, citing the bank’s board of directors’ inability to enhance the bank’s financial performance. The Nigeria Deposit Insurance Corporation, or NDIC, announced that it has started the bank’s liquidation process and that it will pay each depositor’s guaranteed amount of N5 million. “The Central…
“Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN) today, June 3, 2024, and the appointment of the Nigeria Deposit Insurance Corporation (NDIC) as the Liquidator, under Section 12(2) of BOFIA, 2020, the corporation wishes to announce to depositors of the bank in particular and the…
The Nigerian government has proposed a new minimum salary of N60,000, which the Trade Union Congress (TUC), has promised to reject. TUC President Festus Osifo said this on Tuesday during an appearance on Politics Today on Channels Television. READ ALSO: Tinubu Orders Finance Minister to Unveil New Minimum Wage Blueprint in 48 Hours We also told…
Wale Edun, the minister of finance, has been instructed by President Bola Tinubu to submit a blueprint for a new minimum wage. Mohammed Idris, Minister of Information and National Orientation, made this statement in Abuja on Tuesday following a meeting between the President and a delegation from the Federal Government discussing the new minimum wage….
It is now official that some union have closed their offices and agreed to comply with the directive from both TCN and ASUU to embark on an Indefinite strike. It was formally announced by the Labour union on Friday, that they will commence a nationwide indefinite strike because the Federal Government refused to increase the…
The Osun State Government has mandated that “Nigeria, We hail thee,” the revived national anthem recently approved by President Bola Tinubu, be recited in both public and private schools within the state. Osun State Governor: Adeleke The directive was found in a statement received in Osogbo on Friday and signed by the Permanent Secretary of…
According to the Central Bank of Nigeria (CBN), new user enrollment for mobile money providers, which includes fintech companies like OPay, Palmpay, Kuda Bank, and Moniepoint, will resume “in another couple of months.” This was said by CBN Governor Olayemi Cardoso on Tuesday during the 295th Monetary Policy Committee (MPC) meeting at the central bank…
Osun State Governor Ademola Adeleke claims that since taking over for his predecessor, Gboyega Oyetola, on November 27, 2022, he has not taken out a loan. At the second “Ipade Imole” forum, where he provided stewardship to the state’s populace, the governor declared on Tuesday in Ilesa, “Let it be known that we have never…
For civil officials on the remaining six Consolidated wage Structures, the federal government has authorized wage hikes of 25 and 35 percent, respectively. This was stated on Tuesday in Abuja by Emmanuel Njoku, the National Salaries, Incomes, and Wages Commission (NSIWC) spokesperson. “For the remaining six consolidated compensation structures, the federal government has approved a…
Oil marketers have kept on administering Car Gas Oil, famously called diesel, at a cost between N1,350/liter and N1,450/liter in different areas of the nation despite rehashed reduces in the cost of the item by the Dangote Petrol Refinery. Even though they credited the high siphon cost of AGO transportation expenses, tax charges, and old…
Dr. Iyanuoluwa Adufe, a lecturer at Osun State University, has been chosen to receive the Nigeria Malaria Modeling Fellowship. PAY ATTENTION: Follow us on Google News so you can stay updated on relevant news in and outside Nigeria A statement confirming Adufe’s appointment was signed by Ademola Adesoji, the university’s public relations officer. According to Adesoji,…
Eclipse 2024 Updates | How Often Does A Solar Eclipse Happen Recently, The whole United States of America – North America, Canada, and Mexico just experienced a total solar eclipse in 2024 around mid-afternoon. PAY ATTENTION: Follow our WhatsApp channel to never miss out on the news that matters to you! The eclipse usually occurs when…
Tinubu Calls Out Clerics: Cease Disparaging Nigeria in Sermons! Speaking Thursday at the State House in Abuja during Ramadan Iftar (the breaking of fast), the President emphasized the critical role that religious leaders play in influencing public opinion and promoting a sense of unity among citizens. This was stated in a statement released by Presidential…
FAAN Forces KFC Closure After Refusing Entry to Ex-Ogun Governor’s Son Due to Disability With effect from Thursday, March 28, 2024, the KFC restaurant at the Murtala Muhammed International Airport (MMIA) in Lagos will close, per an order from the Federal Airports Authority of Nigeria (FAAN) management. PAY ATTENTION: Follow our WhatsApp channel to never miss…
Oba Owolabi Olakulehin The Olubadan Advisory Council will convene on Tuesday to begin the process of enthroning a new monarch for the Ibadan realm. On March 14, 2024, the venerable throne became empty with the death of Oba Lekan Balogun, who had ruled the old metropolis for two years at the age of 81. PAY …
