Some economic experts have urged the Nigerian Labour Congress, (NLC) to take into consideration the capacity of the private Sector in the discussion of the National Minimum Wage. The Registrar of the Chartered Institute of Finance and Control of Nigeria, Godwin Eohoi disclosed this while speaking to THE WHISTLER on the N1m minimum …
Read More »Forex Market Defies CBN’s Reforms As Exchange Rate Drops To Record Low Of N2,040/£
The liquidity challenges in the forex exchange market continued on Monday with the parallel market rate recording its weakest decline as the naira exchanged for as low as N2,040 to a Great Britain Pound. The record decline of the naira to N2,040 is caused by the persistent demand in the …
Read More »Nigeria’s unemployment rate hits 0.8% in 2023 Q3 — NBS report
The unemployment rate in Nigeria rose by 0.8% in the third quarter of 2023. According to the National Bureau of Statistics, this was a significant rise, adding that the unemployment rate rose from the 4.2% recorded in Q2 2023 to 5.0% in Q3 2023. The NBS, the custodian of official …
Read More »Rivers Police break silence, confirm death of cult kingpin 2Baba
Gift and some of the items recovered from his camp The Rivers State Police Command on Monday confirmed the death of Iceland Secret Cult kingpin, David Gift Opara, popularly known as 2Baba. 2Baba and his gang were responsible for the brutal murder of SP Bako Angbashim, the Divisional Police Officer …
Read More »Lagos lifts suspension on RTEAN activities, dissolves Garages Committees
Sola Giwa The Lagos State Government has lifted the ban on the activities of Road Transport Employers’ Association of Nigeria (RTEAN) in the State. This is in furtherance of this administration’s quest to foster peace and smooth working relationship among union members in the transportation sector, The Special Adviser to …
Read More »Tinubu returns to Abuja after AU Summit
Nigeria’s President Bola Tinubu has arrived in Abuja after attending the 37th Ordinary Session of the Assembly of the African Union Heads of State and Government. NAF 001 pulled up at the Presidential Wing of the Nnamdi Azikiwe Int’l Airport at about 04:00 pm local time, concluding his 15th foreign …
Read More »You were Blatantly Rejected Stop your Foolhardy Actions – PTD of NUPENG Concerned Members Blast Troublemakers
A group of concerned members of the Petroleum Tanker Driver (PTD) of the National Union of Petroleum and Natural Gas Workers (NUPENG) has called on the aggrieved members to stop dragging the reputation of the organization in the mud, while also imploring stakeholders to disregard the sponsored propaganda against the …
Read More »Lagos gas explosion destroys 20 shops
Lagos gas explosion destroys 20 shops Twenty shops were completely burnt in a gas explosion that occurred at Agbado road, Olusesi bus stop, Iju Ishaga, Lagos. The Permanent Secretary of Lagos State Emergency Management Agency, Dr. Olufemi Damilola Oke-Osanyintolu, confirmed the development on Wednesday. He noted that the explosion occurred …
Read More »Explosion rocks Lagos
Explosion rocks Lagos A massive explosion has rocked Iju Ishaga area of Lagos, Southwest Nigeria. The explosion occurred on Tuesday night sending panic among residents. Balls of fire enveloped the atmosphere with loud ‘bang’ heard several metres away from the scene of the incident, which is Agbado Road, Toyin Bus …
Read More »Lagos State Ministry launches Special Task Force to curb street begging
Lagos State Government The Ministry of Youth and Social Development in Lagos has launched a Special Task Force aimed at tackling street begging. The Task Force, consisting of representatives from various government departments and agencies, was inaugurated today in Alausa. Mr. Mobolaji Ogunlende, the Honourable Commissioner of the …
Read More »
DailyrecordNg …Nigeria's hottest news blog