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The CBN has authorized the sale of $20,000 to each BDC at N1,450/$1 to bolster the naira and address forex market challenges. This initiative aims to stabilize exchange rates and reduce disparities between official and parallel markets. Stay informed on CBN's efforts to enhance currency...
Lagos police probe the death of a 19-year-old boy allegedly beaten by his father with a shovel, leading to fatal injuries and subsequent tetanus infection. The investigation unfolds as detectives seek the father, currently evading authorities. In Lagos State, police have initiated an...
Labour leaders accept N70,000 minimum wage after Tinubu pledges three-year reviews. The decision resolves prior strikes over wage hikes in Nigeria. Labour leaders, including Joe Ajaero of the NLC, have accepted the new N70,000 minimum wage following President Bola Tinubu's commitment to review...
President Tinubu approves N70,000 minimum wage, sparking varied reactions across Nigeria. Labour leaders applaud decision, while some criticize its adequacy amid economic challenges. Social media buzzes with debate over wage impact. In a significant development, President Bola Ahmed Tinubu has...
President Bola Tinubu agrees to raise minimum wage to N70,000 following talks with labour leaders, aiming to ease economic strains. President Bola Ahmed Tinubu has agreed to implement a new minimum wage of N70,000 following a meeting between government officials and organized labour, as...
House of Representatives halves salaries amid economic crisis, proposing a six-month reduction starting from a motion of urgent public importance. In an unprecedented move, members of Nigeria's House of Representatives have voted to slash their salaries by 50 percent for the next six months...
Nigeria's Naira hits a historic low, trading at N1,630/$1 on online platforms. The currency crisis, driven by high demand and limited supply, impacts businesses and everyday Nigerians. Experts call for robust economic policies to stabilize the currency and ensure sustainable growth. The naira...
JAMB sets 140 as the cut-off mark for university admissions and 100 for polytechnics and colleges for 2024. This decision follows deliberations at the 2024 Policy Meeting on Admissions in Abuja, led by Registrar Prof. Is-haq Oloyede, amid varying stakeholder reactions. The Joint Admissions and...
Minister of Education reverses decision on admission age, now accepts 16 years for 2024 intake amid stakeholder pressure at JAMB meeting. In a surprising turn of events, Minister of Education Prof Tahir Mamman has reversed course on the controversial age requirement for admission into Nigerian...
Nigeria's Education Minister mandates 18 as the minimum age for tertiary education admission, sparking nationwide controversy. Critics argue it will delay academic progress and workforce entry, while supporters claim it addresses maturity issues. The decision has ignited debates on social media...
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