Day: May 16, 2024

N615k To N48k: Govt Slashes Mimimum Wage Proposal, NLC, TUC Kick

Abibat Babalola

The labour unions comprising the Nigeria Labour Congress and Trade Union Congress have walked out of the ongoing minimum wage negotiations with the government and the Organised Private Sector. Angered by the N48,000 proposal by the Federal Government as the national minimum wage, the labour unions described the offer as ridiculous. The NLC President, Joe Ajaero, explained that the government is not serious about negotiating with the Labour on the new minimum wage. READ ALSO: Bill Gates ex-wife Melinda Quits Gates Foundation, To Get $12.5bn France Deploys Troops, Bans TikTok…

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Bill Gates ex-wife Melinda Quits Gates Foundation, To Get $12.5bn

Ganiyu Amodu

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates. The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations. “After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media. The statement gave no reason for her departure, but…

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France Deploys Troops, Bans TikTok Over New Caledonia Riots

Ganiyu Amodu

France has deployed troops to New Caledonia’s ports and international airport, banned TikTok and has imposed a state of emergency after three nights of clashes that have left four dead and hundreds wounded. Pro-independence, largely Indigenous protests against a French plan to impose new voting rules on its Pacific archipelago have spiralled into the deadliest violence since the 1980s, with a police officer among several killed by gunfire. In three municipalities on the French-ruled island, gendarmes faced about 5,000 rioters, including between 3,000 and 4,000 in the capital Noumea, France’s…

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Nigeria’s Inflation Rises To 33.69% In April

Ganiyu Amodu

Nigeria’s headline inflation rate has increased to 33.69 per cent in April 2024 up from 33.20 per cent recorded in March 2024, the National Bureau of Statistics has said. This represents a month-over-month increase of 0.49 per cent points in the headline inflation rate, according to the Consumer Price Index report, the NBS stated in a report on Wednesday. Comparing year-on-year data, the inflation rate in April 2024 was 11.47 percentage points higher than in April 2023, where it stood at 22.22 per cent. This indicates that the headline inflation…

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YabaTech Secures N1.5b Grant For Girls’ Education

Abibat Babalola

Yaba College of Technology (Yabatech) has secured a prestigious grant of N1.5 billion for the Girls’ Education and Skills Partnership (GESP). The institution’s Rector, Dr Ibraheem Abdul announced this in a statement emailed to TheNewsZenith on Wednesday in Lagos. According to the statement, the grant is a significant achievement resulting from a proposal developed by a five-man team of researchers from Yabatech. The researchers comprised Dr Funmilayo Doherty, Dr Ibraheem Abdul, Mr Adebayo Adebari, Mr Amos Alade, Dr Olusola Dada and Dr Idowu Aneyo (UNILAG lecturer). READ ALSO: Reactions As…

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