Author: Seyi Godwin

President Bola Tinubu is set to meet with leaders of the Organised Labour on Thursday at the Presidential Villa in Abuja to discuss the new national minimum wage for Nigerian workers. The meeting, initiated by the President, will be attended by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC). The meeting comes amid a standoff between the government and labour over the implementation of a new minimum wage. Labour is demanding N250,000, while the government has proposed N60,000. According to Channels Television, this meeting is a follow-up to the President’s promise to send an Executive Bill to the…

Former Kaduna State Governor, Nasir El-Rufai, has vehemently refuted allegations of financial impropriety leveled against him by the current administration. Through his former commissioners, El-Rufai described the accusations as baseless, misleading, and politically motivated. The commissioners, who served under El-Rufai from 2015 to 2023, argued that the financial report released by the Kaduna State House of Assembly is fundamentally flawed, lacking concrete evidence and relying on arbitrary figures. They challenged the current administration to provide substantive proof of wrongdoing, dismissing the report as “voodoo accounting.” The commissioners stated, “The Report does not show how they arrived at this figure, and…

Enzo Maresca, the new head coach of Chelsea FC, has unveiled his vision for the club’s future, promising an aggressive brand of football and a culture that fans can be proud of. Maresca, who was officially unveiled on June 8, 2024, acknowledged the club’s recent struggles, emphasizing the need for a new mentality and culture. The Italian tactician, who led Leicester City to promotion last season, takes over from Mauricio Pochettino and is tasked with restoring Chelsea’s glory days. Despite significant investment in new players, the club has failed to qualify for the UEFA Champions League and struggled in domestic…

Legendary Canadian singer, Celine Dion, may be returning to the spotlight sooner than expected, despite her ongoing battle with stiff-person syndrome. According to sources close to the artist, she has been offered a prestigious opportunity to perform at the opening ceremony of the Paris Olympics. This potential comeback follows her diagnosis with the rare neurological disorder in 2022, which affects the muscles, causing stiffness and spasms. Despite her health challenges, Celine has expressed her eagerness to return to live performances, a cornerstone of her career. A source revealed to The Sun’s Bizarre column, “Celine has made no secret of her…

Thousands of Samsung workers in South Korea have embarked on a three-day strike over pay and benefits, with the National Samsung Electronic Union claiming that production has been impacted. However, the tech giant has denied any disruption to its operations. The strike, which began on Monday, involves over 5,000 union members, representing more than a fifth of Samsung’s total workforce. The union has been in negotiations with management since January, but a 5.1% pay raise offer was rejected, and talks have stalled. Park Seol, a senior union member, stated that while production may be affected, the strike aims to make…

Thousands of Samsung workers gathered outside the company’s foundry and semiconductor factory in Hwaseong, South Korea, on Monday, donning rain jackets and solidarity ribbons, to protest pay and benefits. The three-day general strike, led by the National Samsung Electronics Union, affects over 5,200 workers from factory facilities, manufacturing, and development. The strike comes after failed negotiations between the union and management since January, with the union rejecting a 5.1% pay raise offer. “Today’s general strike is just the beginning,” said Son Woo-mok, union head. “We are now at a critical crossroads.” The union, representing over 30,000 members, demands improvements to…

The Nigerian Meteorological Agency (NiMet) has issued a weather alert predicting thunderstorms and rains across the country from Monday to Wednesday. According to the agency, Monday will see thunderstorms over parts of Kebbi, Kano, Katsina, Sokoto, Zamfara, Taraba, and Kaduna states, while the North Central region will experience rains in the morning and thunderstorms in the afternoon. Tuesday’s forecast shows partly cloudy conditions in the northern region, with prospects of afternoon thunderstorms in several states, including Gombe, Bauchi, Borno, and Katsina. The North Central region will experience cloudy conditions with afternoon thunderstorms, while the southern region will have morning rains…

The black market exchange rate for the US dollar to the Nigerian naira for July 7th stands at N1520 for buying and N1530 for selling, according to sources at the Bureau De Change (BDC). Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market, and individuals seeking to engage in forex transactions are advised to approach their respective banks. In other news, the CBN exchange rate for the dollar to naira stands at N1516 for buying and N1517 for selling. Please be aware that forex prices can vary and may differ from the rates provided…

President Bola Tinubu’s leadership of the Economic Community of West African States (ECOWAS) has been extended for another year. The unanimous decision was made at the 65th Ordinary Session of the ECOWAS Authority of Heads of State and Government, which took place at the State House in Abuja on Sunday ¹ ². In his acceptance speech, Tinubu expressed his commitment to continue serving the region, stating, “I have accepted to continue to deliver on this service with the great men and women on this democratic journey, to serve our interest and build democratic values on the structure we inherited” ¹.…

The Lagos Parallel Market (Black Market) has set the exchange rate for the US dollar to the Nigerian naira at N1525 for buying and N1534 for selling, according to sources at the Bureau De Change (BDC) on Saturday, July 6th, 2024. Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market) and has directed individuals who want to engage in Forex to approach their respective banks. Here are the current exchange rates: – Dollar to Naira Black Market Rate Today: – Buying Rate: N1525 – Selling Rate: N1534 – Dollar to Naira CBN…