Proposed N497K: Timeline of monthly minimum wage in Nigeria (1981 to present)

a photo to express the monthly minimum wage paid to workers

Organised labour led by the Nigerian Labour Congress (NLC) and the Trade Union Congress recently proposed a N615,000 living wage demand, which they later reduced to N497,000. However, the Federal Government slashed the labour demand by more than 92%, by pushing forward N48,000 per month. The government later jagged it up to N57,000. While the government … Read more

Credit Life Insurance and how it works

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Credit life insurance is a very unique form of life insurance that will settle the outstanding debts of a borrower in the event of the death of the policyholder. This policy ensures that you don’t leave debt for your loved ones. You don’t want your loved ones to inherit your debts. This specialized policy is beneficial … Read more

How Does Disability Insurance Work?

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Disability insurance is a form of insurance policy that offers income if a person gets sick or has any form of disability that prevents them from working. If the policyholder, who was agile, working, and earning income before, but can’t work again due to having a physical or mental disability, then the insurance pays part … Read more

NELFUND: How to apply for student loan and everything you need to know

Nigerian Education Loan Fund (NELFUND) opened its portal for application on Friday, May 24, 2024, after several amendments to the Access to Higher Education law establishing it. The application process is divided into segments, you will have to start by creating an account by clicking on “GET STARTED” to fill in the questions, move on … Read more

Which embassy owes the most congestion charge in London?

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A publication by the Transport for London (TfL) has revealed that High Commissions and Embassies owe a total of £143,527,113 as a congestion charge to the UK government. What is it? A £15 is a daily charge as a Congestion Charge if you drive within the Congestion Charge zone 7:00-18:00 (Monday-Friday) and 12:00-18:00 Saturday to Sunday and bank … Read more

Raisi, Habyarimana: List of Presidents who have died in aviation accidents from 1936 to the Present

this is the photo of President Juvénal Habyarimana of Rwanda whose plane was shot down by rebels in 1994

The helicopter crash on Sunday, May 19, 2024, which led to the death of Iranian President Ebrahim Raisi has joined the list of aviation accidents that have claimed the lives of the Presidents or Heads of State of countries around the world. The Iranian President wasn’t the only one aboard when his helicopter crashed. Along … Read more

Types of Health Insurance Plan In The U.S

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Health insurance helps ensure a level of guaranteed wellness when certain unexpected medical incidents occur. Interestingly, the United States offers different types of health insurance plans to cater to different categories of people, ensuring that everyone is covered when faced with expensive medical treatment costs. The core types of health insurance plans include Health Maintenance … Read more