Old Minimum Wage Expired May 1st – Labour, Gives FG New Ultimatum

The Nigerian Labour Congress has issued a stern ultimatum to President Bola Tinubu's administration, urging the completion of ongoing negotiations regarding the new minimum wage or facing potential industrial action. This ultimatum was jointly delivered by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) during the Workers Day celebration in Abuja onContinue reading "Old Minimum Wage Expired May 1st – Labour, Gives FG New Ultimatum"

Black Market Dollar (USD) to Naira (NGN) Exchange Rate Today, May 2nd, 2024

The current exchange rate for the Dollar to Naira in the black market, also known as the parallel market, is as follows: Buyers purchase a dollar for N1355 and sell at N1360, as reported on Wednesday, May 1st, 2024, by sources at Bureau De Change (BDC) in Lagos. It's essential to note that while theContinue reading "Black Market Dollar (USD) to Naira (NGN) Exchange Rate Today, May 2nd, 2024"

Peter Obi Responds to Accusations of Demolitions During his Tenure as Governor

The Labour Party (LP) presidential candidate in the 2023 election, Peter Obi, has responded to criticisms regarding alleged demolitions of roads and businesses during his tenure as Anambra State Governor. Obi clarified that his actions were strategic, prioritizing infrastructure repair and maintenance over disruptive projects. He challenged critics to provide evidence of demolitions and refutedContinue reading "Peter Obi Responds to Accusations of Demolitions During his Tenure as Governor"

Lagos Government Unearths 86 Rooms Beneath Ikoyi’s Dolphin Estate Bridge, Renting at N250,000 Per Annum

The Lagos State government has made a startling discovery beneath the Dolphin Estate Bridge in the upscale area of Ikoyi, where tenants allegedly pay N250,000 per annum for a single room. According to Tokunbo Wahab, Commissioner for Environment and Water Resources, a total of 86 partitioned rooms, ranging from 10×10 to 12×10 in size, wereContinue reading "Lagos Government Unearths 86 Rooms Beneath Ikoyi’s Dolphin Estate Bridge, Renting at N250,000 Per Annum"

Tragic Gas Explosion in Lagos State Injures Pregnant Woman and Eight Others

"In a tragic turn of events, a gas explosion in Lagos State has left several individuals injured, including a pregnant woman," stated Margaret Adeseye, Director of the Lagos State Fire and Rescue Service. "Nine individuals, including children and adults, suffered varying degrees of burn injuries due to the explosion." The incident, which occurred around theContinue reading "Tragic Gas Explosion in Lagos State Injures Pregnant Woman and Eight Others"

EFCC Probes Alleged N7.5 Billion Diversion Involving NSCDC Contractors; Commandant General Under Scrutiny

The EFCC investigation delves into the alleged diversion of N7.5 billion by contractors associated with NSCDC Commandant General Ahmed Abubakar Audi. According to officials, the entire sum disbursed to contractors over a five-day period has been traced to Bureau De Change (BDCs), with invitations issued for questioning. "Investigators found that payments were dispersed among 20Continue reading "EFCC Probes Alleged N7.5 Billion Diversion Involving NSCDC Contractors; Commandant General Under Scrutiny"

Naira Bounces Back Against Dollar in Parallel Market

The Naira has shown signs of recovery against the United States dollar in the parallel market, climbing to N1280/$, as reported by Nairametrics from currency traders. Naira Bounces Back, Strengthening Against Dollar in Parallel Market This surge indicates a significant appreciation of N120, marking an 8.57% gain compared to Friday's trading rate of N1,400 toContinue reading "Naira Bounces Back Against Dollar in Parallel Market"

Benin Traditional Chiefs Suspended for Allegiance to Ooni of Ife

Five traditional chiefs from Benin have been suspended from their positions following what the palace has labeled as sacrilegious behavior against Benin customs.The suspension was announced by the Benin Traditional Council in a statement signed by Chief Sam Igbe, the Iyase of Benin, on Saturday.According to the statement, the affected chiefs visited the Ooni ofContinue reading "Benin Traditional Chiefs Suspended for Allegiance to Ooni of Ife"

Gov Abdulrasaq’s Aide vs. NationalPilot: Court Asked To Dismiss Case For Lack Of Jurisdiction

Mandate International publications Nigeria Limited, publishers of National Pilot Newspapers, on Monday, asked a revenue court sitting in Ilorin to dismiss the case of direct criminal complaint levelled against it and one of its reporters for lack of jurisdiction. The company asked the court to strike out the case for lack of locus standi byContinue reading "Gov Abdulrasaq’s Aide vs. NationalPilot: Court Asked To Dismiss Case For Lack Of Jurisdiction"

Father Allegedly Ties Wife, Beheads Daughter in Suspected Money Ritual

A young man identified as Emmanuel Ovwarueso, has been arrested by operatives of Edo State Security Network (ESN), for allegedly beheading his daughter for money rituals in Benin-city. The young man popularly known and addressed as ‘Emma One’ confessed to the ESN operatives, who apprehended him at the Uteh area of the Upper Mission RoadContinue reading "Father Allegedly Ties Wife, Beheads Daughter in Suspected Money Ritual"