...news, reports, issues... about Lagos
Indications have emerged that the organised labour is prepared to lower its demand for N1m minimum wage for workers in the country in line with realities on the ground. The shift in position will likely be communicated to the Federal Government during the second meeting of the tripartite committee on the minimum wage on Monday […]
Leaders from the Kosofe Federal Constituency have agreed to lend their support to citizens within the constituency to cushion the effect of the biting economic hardship being faced by the people. This is one of the outcomes of the stakeholders’ meeting convened on Thursday at the instance of the Lagos East Senatorial district GAC leader, […]
Operators in the Micro, Small and Medium Enterprises (MSMEs) are fuming over the harsh economic scenario in the country that is leading to the death of many Small and Medium Enterprises(SMEs) in recent times. Price shocks, unavailability of raw material, exchange rate volatility and lack of awareness about mechanisms to manage unpredictable markets, the FX […]
The Nigeria electricity sector has grappled with a delusive perception of a brighter power industry following the 2013 privatisation exercise. The sector is currently grappling with an inherited debt crisis of over N3 trillion. Although the federal government is working to address the issue by settling existing sectoral debt obligations and improving liquidity in the […]
As a child, Toochi (surname withheld) had a masculine gait that made heads turn whenever she walked. At 14, an aunt who had recently retired from the Nigerian Air Force advised her to join the military. She got the application forms for recruitment into the army, navy, and airforce but could not get in her […]
The Nigeria Customs Service, Nigeria Immigration Service, Department of State Services and the Economic and Financial Crimes Commission have begun a clampdown on smugglers and hoarders of food items nationwide by escalating border surveillance, Saturday PUNCH has learnt. This is coming after the Organised Labour declared a two-day protest against the current economic hardship in the country. […]
More Nigerians are now resorting to credit from loan apps to survive as the harsh economic conditions bite harder, Nairametrics has gathered. In some cases, there are no plans to repay the loans by the borrowers, while those willing to repay find themselves borrowing from one app to pay another. The lenders said this has […]
In continuous compliance with regulatory directives, Nigerian networks are enforcing the need for customers to link their National Identification Numbers (NIN) to their phone lines. MTN subscribers have been receiving messages from MTN with warnings of line blockage if they fail to link NIN to their MTN line in 2024. This guide presents step-by-step instructions and methods through which subscribers can […]
Nigerian parents whose children are studying abroad are battling to pay fees owing to the volatility in the exchange rate of the Nigerian currency, the naira, Daily Trust can report. Some of them are said to have withdrawn their children from foreign institutions. The naira weakened to a record low on January 30, 2024, selling […]
The 11 electricity Distribution Companies (Discos) in the country yesterday blamed powerful and wealthy Nigerians for being partly responsible for the current illiquidity in the power sector in Nigeria.Spokesman of the power distributors under the Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, argued when he appeared as a guest on Channels Television, that many […]
