In Shambles! Nigeria’s Education is Nosediving or On the Brink, as Details of JAMB Results Tell

In Shambles! Nigeria’s Education Is Nosediving or On the Brink, as Details of JAMB Results Tell The recent revelation by the Joint Admissions and Matriculation Board (JAMB) has brought to light a staggering humanitarian crisis within Nigeria’s education system. The disclosure that 1.4 million students, constituting 77 per cent of those who took the 2024…

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Reasons for N615,000 Minimum Wage Demand -Ajaero

The president of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has revealed the rationale behind the union’s demand for a new national minimum wage of N615,000. In a statement issued in Abuja, Comrade Ajaero explained that the figure was derived from a comprehensive assessment of the cost of living for Nigerian workers and the…

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FG Introduces School-to-Work Scheme for Youths

The Federal Government has announced the introduction of a School-to-Work scheme aimed at equipping young school learners with life-long skills and entrepreneurship for self-reliance. Dr. Hamid Bobboyi, the Executive Secretary of Universal Basic Education Commission (UBEC), who revealed this on Thursday said that the scheme is targeted at junior secondary school learners and is designed…

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NDIC Increases Deposit Insurance Coverage for Banks Nationwide

The Nigeria Deposit Insurance Corporation (NDIC) has made significant changes to the Maximum Deposit Insurance Coverage that applies to banks in Nigeria. The Managing Director of the NDIC, Bello Hassan, introduced the new coverage standards during a press conference in Abuja. The minimum capital requirements for Deposit Money Banks, Microfinance Banks, Primary Mortgage Banks, and…

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Lawyer to Paste Restraining Order at MultiChoice Office over Planned Tariff Increase

The Competition and Consumer Protection Tribunal in Abuja has ordered that its interim order, restraining MultiChoice Nigeria Limited from increasing DSTV tariff, be pasted at the firm’s “corporate headquarters or any known address of the branches of MultiChoice Nigeria Limited across Nigeria.” The chairman of the tribunal, Saratu Shafii, who made the order dated April…

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BVN, NIN: Banks close 2m Customers’ Accounts

Commercial banks in Nigeria have closed 2.021 million bank accounts in the first quarter of 2024, (Q1’24), to clean their books of questionable accounts and comply with regulatory orders on the linkage of bank accounts to the National Identity Number, NIN. The Nigerian Interbank Settlement System, NIBSS in its recent report disclosed this fact, which…

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