Day: May 28, 2024

Lagos empowers 3,748 youths in creative skills

Lagos State Government says it has trained 3,748 youths in creative skills and announced that additional 5,000 youths would be trained over the next three years. The Commissioner for Tourism, Art and Culture, Mrs. Toke Benson-Awoyinka, said this during a ministerial press briefing on Monday in Alausa, Ikeja. She disclosed that the state government is […]

Labour, private sector operators bicker over minimum wage demand

LAGOS — President of the Nigeria Labour Congress, NLC, Mr. Joe Ajaero, and Managing Director of Financial Derivatives Company, Mr. Bismarck Rewane, at this year’s annual Vanguard Economic Discourse, traded words over Organised Labour’s N615,000 minimum wage demand which has been reduced to N497,000. While Mr Rewane contended that the minimum wage being demanded by […]

Locally-used cars boom as volatile naira curbs imports 

Nigerians are turning to locally-used vehicles as soaring prices make imported cars unaffordable in a country grappling with the worst cost-of-living crisis in decades. Multiple car dealers told BusinessDay that demand for locally-used cars has surged because the naira devaluation has made importation more expensive. The naira has weakened by as much as 639 percent […]

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