Category: Breaking News
President Tinubu proposes to approve a minimum wage of N250,000 subject to one requirement.
22 Jul 2024
President Bola Ahmed Tinubu has presented a controversial condition for increasing the minimum wage to N250,000. In a recent meeting, President Tinubu made an offer to accommodate Labor’s demand for a higher minimum wage, but he attached a condition that would increase the cost of gasoline at the pump. According to Joe Ajaero, President of […]
Continue ReadingAmidst claims of monopoly, Dangote lists his refinery for sale.
22 Jul 2024
The Nigerian National Petroleum Company Limited (NNPC) is the intended buyer of the world’s largest single-train refinery, which is owned by billionaire Nigerian Aliko Dangote. This announcement coincides with ongoing disagreements concerning the amount of sulfur contained in petroleum products produced at the refinery, as well as a purported miscommunication between the Nigeria Midstream Downstream […]
Continue ReadingLG set to begin charging cars parked outside church premises per hour.
21 Jul 2024
Churches have been notified by the Lagos State government that it will launch its on-street parking program, which will enable it to charge vehicles parked on approved streets on an hourly basis. The directive would go into effect in October, according to a July 19 notice from the Lagos State Parking Authority (LASPA), which was […]
Continue ReadingCBN sacks 200 staff members
21 Jul 2024
No fewer than 200 officials of the Central Bank of Nigeria were on Friday relieved of their duties. This is an addition to the long list of ongoing disengagements in the apex bank. This adds to the list of 117 staff sacked by the bank between March 15 and April 11, 2024. The termination of […]
Continue ReadingOrganized labor and the Federal Government reportedly agree on N70,000 as the new minimum wage.
19 Jul 2024
The new National Minimum Wage of 70,000 Naira has been agreed upon by the Federal Government and organized labor. This was the conclusion of the most recent meeting, which took place at the Presidential Villa in Abuja, between President Bola Tinubu and the organized labor leadership. The Minister of Information and National Orientation, Mohammed Idris […]
Continue ReadingCourt Seizes Multibillion Assets, $4.7 Million, ₦830 Million Linked To Emefiele (Full List Of Assets)
19 Jul 2024
The Federal High Court sitting in Ikoyi, Lagos, has decreed an interim forfeiture of $4,719,054, ₦830,875,611, and numerous properties linked to the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Yellim Bogoro issued the order on Thursday, May 23, 2024, following an ex-parte application argued by the counsel for the […]
Continue ReadingU.I students protest fee hike
17 Jul 2024
A school fee hike and other issues have been met with protests by thousands of University of Ibadan students. Students who were obviously upset moved in large numbers to block all of the institution’s entrances as early as 8 a.m. Both academic and non-academic staff were locked outside the gates. They proceeded from faculty to […]
Continue ReadingTASUED suspends final-year activities following a student’s death.
17 Jul 2024
In light of the passing of 400-level student Hammed Ayinla Fabiyi, the administration of Tai Solarin University of Education has decided to permanently halt the traditional “sign out” and “log out” celebration events for final-year students. This step is geared towards ensuring safety and maintaining a serene and secure environment during the final examinations. The […]
Continue ReadingECOWAS Court orders Nigeria to pay #ENDSARS victims N2m each
15 Jul 2024
The Economic Community of West Africa States (ECOWAS) Court of Justice on Wednesday ordered Nigeria to pay N2 million each to some victims of the October 2020 #ENDSARS protests in Lagos. Several youths were killed and several others were injured by security agents during the nationwide rallies to protest the brutality of the defunct Special […]
Continue Reading
