President Muhammadu Buhari has assured workers of better packages to cushion economic effects of COVID-19 on their resources. The President said his administration has put in place some socio-economic policies to alleviate poverty. Buhari said the Federal Government has expanded the Conditional Cash Transfer for the vulnerable poor from 2.6 million households to 7.6 million. He also noted COVID-19 Rapid Response Register has been expanded for urban poor to 4.8 million households, which included urban poor and working class. The President spoke during this year’s May Day celebration at the Eagle Square on Saturday in Abuja. This year’s celebration had as its theme: “COVID-19 pandemic, social and economic crisis: challenges for decent jobs, social protection and people’s welfare”. Buhari, wh...
Ahead of the May 1 Workers Day celebration, President of the Senate, Ahmad Lawan, on Friday, Senator urged organised labour to always look at the larger picture and consider higher national interest in their responses to government policies and actions. Lawan stated this on Friday, while commemorating this year’s workers day celebration coming up today (May 1). In a statement by his Special Adviser on Media, Ola Awoniyi, the Senate President assured workers that “the National Assembly believes in the well-being and welfare of the workers and will always provide legislative support for every effort to tackle their challenges and improve the work environment.” Recalling that the Nigerian workers across the generations have continued to drive economic productivity, nation-building and democra...
Manchester United are edging increasingly closer to a decision on Erling Haaland. Though they’d love to sign the Borussia Dortmund striker, Ole Gunnar Solskjaer also have several other transfer targets in mind. And much will depend on Edinson Cavani, whose future will soon become clear. Manchester United wanted to sign Haaland in January 2020. And, though they ultimately missed out to Borussia Dortmund, they’ve retained a strong interest ever since. Haaland has been in sensational form for the Bundesliga giants this season, scoring 35 goals in the Bundesliga and Champions League combined. United, as a result, have put the 20-year-old on their shortlist of potential signings ahead of this summer’s transfer window. However, the Red Devils appear to be edging closer to a development when it c...
Prof. Josiah Ajiboye, Registrar, Teachers Registration Council of Nigeria (TRCN), says Nigerian teachers are currently becoming more competitive globally. Ajiboye, disclosed this at the end of the opening of a one-day training workshop for Education Correspondents’ Association of Nigeria (ECAN) on Friday in Karu Local Government Area of Nasarawa State. He noted that the narrative about the proficiency of Nigerian teachers had begun to change due to innovations being introduced to keep them at par with their counterparts globally. He said that unlike before those Nigerian teachers had to undergo a certain level of training abroad before being offered appointments, but now they were being offered jobs straight up. According to him, this is because the Federal Government is focusing more atte...
The Central Securities Clearing System (CSCS) has restatement its commitment in repositioning business to efficiently play a more active and leading role in deepening the Nigerian capital market growth. Also, CSCS grew its profit after tax by 41.4 per cent for the year ended December 31, 2020. The company results showed that amidst unprecedented economic and financial market conditions occasioned by the COVID-19 pandemic, the Group grew total income by 31.3 per cent year-on-year (YoY) to N12.09 billion. Profit after tax grew by 41.4 per cent to N6.93 billion, translating to N1.39 earnings per share. The group delivered 20.3 per cent return on average equity for the 2020 financial year, compared to 15.3 per cent in 2019 full year. The company’s total assets stood at N41.42 billion, as again...
British Prime Minister Boris Johnson on Monday denied a newspaper report that he had said he would rather bodies piled “high in their thousands” than order a third COVID-19 lockdown. Johnson is facing a stream of allegations in newspapers – all of them denied – about everything from his muddled initial handling of the COVID-19 crisis to questions over who financed the redecoration of his official apartment. The Daily Mail newspaper cited unidentified sources as saying that, in October, shortly after agreeing to a second lockdown, Johnson told a meeting in Downing Street: “No more fucking lockdowns – let the bodies pile high in their thousands.” Asked whether he had made the remark, Johnson told broadcasters: “No, but again, I think the important thing, I think, that people want us to get o...