UncleSam's BLOG news

Organised labour, comprising the Nigerian Labour Congress and Trade Union Congress, has demanded N615,000 as the new minimum wage for workers in the country, Sunday PUNCH has learnt. An impeccable source, who is an executive of organised labour, who did not want to be named because he was not authorised …

Across the world, various countries enjoy a multitude of public holidays, each reflecting their cultural, religious, and historical diversity. Public holidays, also known as national holidays, are specific days in a year set aside by law for non-working purposes. These days commemorate significant historical events, religious observances, or adhere to …

The Federal Government has allocated approximately N4.83 trillion from the proceeds of Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to settle the Ways and Means Advances from the Central Bank of Nigeria (CBN). This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale …

The Katsina State Government has announced that Friday, April 12, 2024, will be a non-working day in the state so that workers can celebrate Eid-el-Fitr, marking the end of Ramadan fasting. This was made known in a statement signed by the state governor, Dikko Radda, and made available to journalists …

The Otun Balogun Olubadan of Ibadanland, Oba Abimbola Ajibola, on Tuesday, declared that the Olubadan-designate, Oba Owolabi Olakulehin, is still ill and not physically fit to rule at the moment. The Olubadan stool became vacant after the demise of the late Olubadan of Ibadanland, Oba Lekan Balogun, who reigned for …

The Adamawa State Police Command has arrested a 33-year-old man identified as Ibrahim Abubakar, for stabbing to death his 25-year-old wife, Hajara Sa’adu. The suspect, who is a butcher and resident of Sabon Gari-Futy in Girei local government area, subdued the deceased, by stabbing her severally with a sharp knife on …

20. Bermuda Total Debt Held: $77.4 BillionAs of January, Bermuda owes a total of $77.4 billion to the United States. Hence, the country ranks as one of those that owe the US money. The government of Bermuda is trying to move towards an overall budget surplus and a reduction in …

Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Import Export Bank next month. The loan is part of a larger $3.3bn prepayment facility arranged by Afreximbank, with repayment terms tied to crude cargoes from the Nigerian National Petroleum Company Ltd.. According to Bloomberg, …

The Lagos State Special Offences Court in Ikeja, on Monday, sent back the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, to the custody of the Economic and Financial Crimes Commission. Justice Rahman Oshodi made the remand order shortly after the anti-graft agency arraigned Emefiele on 23 counts …

The Economic and Financial Crimes Commission (EFCC) has so far recovered N30billion for the Federal Government while it has also placed 50 bank accounts under investigation in the ongoing probe of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, including the erstwhile chief executive officer of the now …