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News

Minimum Wage: Labour Insists On N250,000, Awaits Tinubu’s Verdict

June 11, 2024 Omoniyi Osadare 0

Organised Labour has insisted on its N250,000 new minimum wage proposal, stating it would not negotiate what it described as ‘starvation wage.’ The Assistant General Secretary of the Nigeria Labour Congress, Chris Onyeka, said labour […]

Politics

‘Obidient’ Movement More Than Any Political Party – Peter Obi

June 7, 2024 Omoniyi Osadare 0

The 2023 Labour Party’s presidential candidate, Peter Obi, has boasted that his ‘Obidient’ movement is far more than any political party in the country. The former governor of Anambra State said this in a statement […]

World

Diddy Sells Majority Stake At Revolt Over Civil Allegations

June 7, 2024 Omoniyi Osadare 0

Sean ‘Diddy’ Combs has sold a majority stake in Revolt, the media company and television network he founded in 2013, according to the company. According to CNN, a spokesperson for Revolt said that shares held […]

Issues/Policy

The Many Dimensions of a Living Wage

June 7, 2024 Omoniyi Osadare 0

Amidst the truce from the labour strike, social media emerges as a powerful player in the discourse on a new national minimum wage. With a plethora of information across various platforms, the advice is clear: […]

Politics

Atiku, PDP Slams Tinubu, Lawmakers Over Subsidy Spending

June 7, 2024 Omoniyi Osadare 0

The Peoples Democratic Party (PDP) presidential candidate in 2023, Atiku Abubakar, has told federal lawmakers that posterity will not be kind to them if they keep looking away from what he alleged “daylight robbery” surrounding […]

Sport

W’Cup Qualifiers: Eagles Drop To Fourth After Benin Win

June 7, 2024 Omoniyi Osadare 0

The Super Eagles dropped from third to fourth in Group C of the 2026 World Cup qualifiers without kicking a ball after Benin Republic’s 1-0 win over Rwanda in their third game of the group […]

News

Presidency Denies N105,000 Pay As Labour Awaits Tinubu’s Offer

June 7, 2024 Omoniyi Osadare 0

The Presidency on Thursday denied reports that the Federal Government was proposing N105,000 as the new minimum wage. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the report as false. […]

News

Saudi Declares June 16 Sallah Day

June 7, 2024 Omoniyi Osadare 0

Saudi Arabia has announced the sighting of the Dhul Hijjah crescent which signaled the beginning of the 12th Islamic month. The announcement was made on Thursday. Consequently, tomorrow will mark the beginning of the holy […]

News

After Countless Denials, FG Admits To N5.4trn Oil Subsidy In 2024

June 7, 2024 Omoniyi Osadare 0

In a surprising turn of events, the federal government has finally admitted Africa’s biggest oil-producing country will be spending up to N5.4 trillion on oil subsidies in 2024. This comes after months of repeated denials […]

News

Journalists Don’t Have Immunity, Can Be Arrested, Says Police

June 7, 2024 Omoniyi Osadare 0

The Nigeria Police Force, on Thursday, denied allegations that it was out for witch-hunt against journalists, in a bid to suppress press freedom, through the application of the amended Cybercrime Act 2024. The Force said […]

News

Purchasing Power, GDP, Foreign Trade… Tinubu’s First Year By Economic Indicators

June 7, 2024 Omoniyi Osadare 0

On May 29, 2023, President Bola Tinubu made several promises during his inauguration speech to rekindle hope in Nigerians searching for light at the end of the tunnel. Tinubu promised a decline in unemployment and […]

News

Agora Policy: FX Gain Now a major source of FAAC Revenue

June 7, 2024 Omoniyi Osadare 0

Agora Policy, an Abuja-based think tank, says a major contributor to the federation account allocation committee (FAAC) is the foreign exchange (FX) gains. In a report on Thursday, titled, ‘How Exchange Gain Became a Major […]

News

Akume: Labour Committed Treason By Shutting Down National Grid

June 7, 2024 Omoniyi Osadare 0

George Akume, secretary to the government of the federation (SGF), says the labour committed treason by shutting down the national grid during the nationwide strike. Akume spoke in Abuja on Thursday during a meeting with […]

News

Labour Leaders Must Reconsider Wage Demand To Avoid Layoffs — Rewane

June 5, 2024 Omoniyi Osadare 0

The Managing Director of Financial Derivatives Company, FDC, Mr. Bismarck Rewane, has urged the Nigerian Labour Congress, NLC, to reconsider its stance on benchmarking the minimum wage demand on dollar exchange rate, saying that it […]

News

Strike: FG Offers ‘Above’ N60,000 Minimum Wage As NLC/TUC Revert To Organs

June 4, 2024 Omoniyi Osadare 0

ABUJA: The Federal Government has said it is ready to pay higher than N60,000 as minimum wage, urging organized labour to take the offer. It did not however state the specific amount. @VANGUARD ECONOMIC DISCOURSE: […]

News

‘An Intent To Pauperise Nigerians’ — Labour Faults FG’s Disposition To Minimum Wage Negotiation

June 4, 2024 Omoniyi Osadare 0

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) say the federal government’s disposition to the minimum wage negotiations indicates an intent to pauperise Nigerians. On Friday, NLC and TUC declared an indefinite […]

News

Naira Drops At Parallel Market, Appreciates At Official Window

June 4, 2024 Omoniyi Osadare 0

The naira depreciated to N1,510 per dollar at the parallel section of the foreign exchange (FX) market on Monday. The current rate represents a drop of 1.34 percent from the N1,490/$ traded on May 31. […]

News

OPay, Kuda Resume Onboarding of New Customers As CBN Lifts Restriction

June 4, 2024 Omoniyi Osadare 0

Financial technology (Fintech) companies have resumed onboarding new customers. In separate statements on Monday, OPay and Kuda Microfinance Bank announced the Central Bank of Nigeria (CBN) has authorised them to start enrolling users. On April […]

News

FG, Labour Reach Agreement On New Minimum Wage

June 4, 2024 Omoniyi Osadare 0

The federal government and organised labour have agreed on the fixing of a new minimum wage that is above N60,000. The agreement was reached at the end of a meeting held on Monday between leaders […]

Issues/Policy

Tinubu’s One Year: Celebrating His Distractions, Denying Our Hunger, By Ikeddy ISIGUZO

June 3, 2024 Omoniyi Osadare 0

DO not allow the headline distract you. President Bola Ahmed Tinubu, Jagaban Borgu, has done so well that we are hungry for more sterling performances hinged on making Nigeria the best country on earth. Best […]

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