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
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
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
In terms of consumption of goods and services, total investment, net exports, and government spending, the 36 states in Nigeria are not equal. All these economic indicators put together contribute to states’ Gross Domestic Product. This table lists Nigeria’s 36 states by their estimated total GDP in 2021 according to a 2022 report by BudgIT, Nigeria’s civic organisation that uses technology to … Read more
Over 1.94 million candidates registered and sat the 2024 Unified Tertiary Matriculation Examination (UTME), Registrar of Joint Admissions and Matriculation Board (JAMB), Prof. Ishaq Oloyede, said in Abuja on Monday, April 29, 2024 He stated this while releasing important data regarding the exam, where he also hinted how students can check their results on their mobile phones. Registration data … Read more
After completing his second term as Kogi State governor on January 27, 2024, Yahaya Bello has been on the radar of Nigeria’s anti-graft agency for alleged corruption, embezzlement, and mismanagement of the state’s funds. In one particular instance, the Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Olanipekun Olukoyede, alleged that the former … Read more
There is so much fuss about the recent announcement about the hike in electricity tariff for areas that enjoy a minimum of 20 hours of power supply per day (BAND A) while other areas struggle to get two hours of interrupted power supply in 24 hours. The old tariff for BAND A was N68, they … Read more
Every year, an American website headquartered in San Francisco, California, allows former and current employees of companies to review their current or former workplaces. The overall reviews on Glassdoor are used to rate companies. This year, the website listed consulting firm Bain & Company, NVIDIA, ServiceNow, and MathWorks as the top best companies to work … Read more
While the campaign for the reduction in the cost of governance continues, state governors allocate a humongous amount for the maintenance of their offices in the approved 2024 budget. In the face of economic difficulties experienced by Nigerians, some of the 36 state governors appear unperturbed by the challenges faced by the people who elected … Read more
Nationals of 10 African countries accounted for $79.3 billion in remittances in 2023. The top five are Egypt, Nigeria, Morocco, Ghana, and Kenya. Egyptians in diaspora sent approximately $24.2 billion back home, while Nigerians and Moroccans abroad sent $20.5 billion and $12.1 billion respectively to their home countries. Remittances are the funds or monies that are … Read more