...news, reports, issues... about Lagos
The Nigeria Labour Congress, NLC said the organised labour took into consideration all the necessary indices before arriving at N615,000 as the new minimum wage The NLC also said that any figure below the N615,000 will become what it described as “a starvation wage” adding that it will condemn Nigerian workers and their families to […]
A healthy diet is out of reach in a country with the second highest burden of stunted children in the world. Soaring prices of fish, meat and eggs pushed the daily cost of a healthy diet for an adult close to N1,000 in March, rising faster than general and food inflation, the Nigeria Bureau of Statistics revealed on Thursday. […]
As fuel scarcity continues to bite harder in different locations, the Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country. The government also disclosed that vessels importing Premium Motor Spirit would continue to berth at the shore to discharge petrol […]
Against the backdrop of surging inflation and the escalating cost of living, pregnant women across Nigeria are urging the government to alleviate the economic strain on the populace, particularly in light of the exorbitant prices of medical care and essential baby items. Expressing their concerns, approximately 400 pregnant women voiced their grievances during a health […]
No one will notice, but under the Dolphin Bridge in Ikoyi area of Lagos, 86 rooms have been constructed housing hundreds of Lagosians illegally. Tenant in each room paid N250,000 as rent annually. Officials of the Lagos State Ministry of the Environment began demolition of the illegal structures on Tuesday and Wednesday. Kunle Rotimi-Akodu, Special […]
ABUJA – The organised labour, yesterday, gave the Federal Government, May 31, the deadline to conclude the minimum wage negotiation or face a nationwide industrial action. This came as President Bola Tinubu, promised that his administration was working on a new minimum and living wage to improve the welfare of workers in the country. The […]
Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with regulatory orders on the linkage of bank accounts to the National Identity Number, NIN. This is contained in a report by the Nigerian Interbank Settlement System, NIBSS, which also indicated that […]
The naira yesterday, sustained its gain at the parallel market, and for the first time in one week gains also at the official window. At the Nigerian Autonomous Foreign Exchange (NAFEM) window, naira recorded gains as it closed at N1,390.96/$1 a N28.15 appreciation compared to N1,419.11/$1 it closed on Monday. By the end of trading […]
his was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In this graphic, we ranked the top 20 countries by their amount of debt to China. These figures are as of 2022, and come from the World Bank (accessed via Yahoo Finance). The […]
The federal government last night approved a pay rise of between 25 and 35 per cent for civil servants across various consolidated salary structures. The announcement was made on the eve of May Day, or Labour Day, which is celebrated worldwide to recognise and honour the achievements and contributions of the working class. The announcement […]
