Author: Mayor

Housemaids, domestic workers to benefit from N70,000 minimum wage - Akpabio

Senate President Godswill Akpabio has stated that the new minimum wage will cover all workers in both the public and private sectors, including domestic employees like maids. The Senate, on Tuesday, passed the 2024 National Minimum Wage Amendment Act Bill after President Bola Tinubu had transmitted the new wage bill to both chambers of the National Assembly, seeking expeditious support from the lawmakers for its passage. The bill was speedily passed by both chambers of the National Assembly just after it was transmitted by the president. Speaking during the plenary, the Senate President said, “If you are a tailor and…

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Cassie slams Diddy with lawsuit over alleged rape

American music mogul Sean Combs, known as Diddy, has been implicated in the 1996 murder of rapper Tupac Shakur. According to new court documents reported by the U.S. Sun, the Bad Boy Records founder is accused of paying $1 million to Duane “Keefe D” Davis to carry out the assassination. Davis, who was arrested for the murder last year, revealed these allegations. The documents, filed on Thursday, July 18, mention Diddy 77 times, referring to him by various names including Puffy, Puff Daddy, Puff, and his legal name, Sean Combs. “Defendant [Keefe] has asserted publicly that he only told on…

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EFCC arrests banker, three others in Naira note scam

Operatives of the Kano office of the Economic and Financial Crimes Commission, EFCC, have arrested a banker, Kamaluddeen Lawal and three businessmen for recycling and manipulating contents of Naira notes. The other suspects are Ismail Ibrahim Ilu, Lamido Bala and Abba Mohammed. In a statement by EFCC’s Head of Media and Publicity, Dele Oyewale, the suspects were arrested at Unity Road, Kantin Kwari market, Kano following credible Intelligence on the activities of some individuals suspected to be trafficking huge sums of money in cash. “Investigations showed that the suspects specialized in obtaining mutilated Naira notes from various banks with the…

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FIFA suspends Congolese coach for 20 years over sexual abuse

Two major bodies representing footballers and football clubs in Europe are filing a complaint to the European Commission accusing FIFA of abusing its position. Football’s world governing body has taken “unilateral decisions” and its conduct “infringes EU competition law and notably constitutes an abuse of dominance”, FIFPro Europe and the European Leagues body said in a statement on Tuesday. FIFPro is the global players’ union while European Leagues brings together more than one thousand clubs from 33 countries around Europe. They say FIFA’s conduct with regards to the international match calendar has “harmed the economic interests of national leagues and…

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Kevin De Bruyne back in action

Manchester City manager Pep Guardiola has poured cold water on reports linking Kevin De Bruyne with a move away from the club amid speculation the Belgian midfielder may depart for Saudi Arabia. De Bruyne, whose contract expires in 2025, said last month that he is not ruling out a move but Guardiola believes there will be no major changes to the squad before the end of the transfer window, which closes on August 30. “Kevin is not going,” Guardiola said at a press conference at North Carolina State University on Monday ahead of their opening U.S. tour match against Celtic.…

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MPC: CBN hikes interest rate to 27.65%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has increased the benchmark lending rate to 27.65 per cent. The hike in the Monetary Policy Rate was disclosed by the Governor of the CBN, Olayemi Cardoso, at the end of the 296th MPC meeting in Abuja on Tuesday. The MPC had maintained a hawkish stance to tame inflation since it resumed meeting this year and thus far, it has hiked rate by more than 500 points. The rate was raised to 26.25 per cent in May. However, with inflation moving to 34.19 per cent in June, according to…

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Lagos Taskforce cracks down on illegal street trading in Ikeja

In a decisive move to uphold environmental standards and maintain the Mega City status of Lagos, the Lagos State Taskforce has expelled illegal street traders from Alade Avenue, Orishe Street, and Johnson Street, all located off Obafemi Awolowo Way. According to the Taskforce spokesman, Gbadeyan Abdulraheem, in a statement seen by Chronicle NG, the areas had been unlawfully converted into mini-markets and restaurants, causing significant human and vehicular traffic congestion and severe environmental pollution. The operation, led by the Chairman of the Lagos State Taskforce, CSP Adebayo Akerele, took place over two days at dusk, a time when the illegal…

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The Politics and Economics of Dangote Refinery by ETIM ETIM

Aliko Dangote deserves our collective support and official encouragement. I told him the day I visited his plant that he’s ‘’an authentic African hero and a real icon’’, and I meant that from the bottom of my heart. As an investor and businessman, he’s succeeded where our government has failed. He has built a huge business empire consisting of manufacturing, oil and gas, agriculture, fertilizer and petrochemicals and will earn more than Nigeria next year. For the 2025 FY, the Dangote Group is expecting to gross a total revenue of $30 billion, with the refinery contributing $19.5b; fertilizer, $2.5b; oil…

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Messi exits Copa America final with Injury

Inter Miami’s Lionel Messi will not play in this week’s MLS All-Star Game, Major League Soccer said on Monday, eight days after the Argentine superstar left the Copa America final with an ankle injury. Messi was listed among unavailable players for Wednesday’s match in Columbus, Ohio, pitting MLS All Stars from 18 league clubs against top talent from Mexico’s LIGA MX. The game would have been his MLS All-Star Game debut after he joined Inter Miami in July 2023 following a storied career in Europe. The eight-time Ballon d’Or winner has 12 goals and 13 assists in his first 12…

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'Come invest in Gabon,' President tells Dangote amid FG rift

The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and gas sector to resolve the ongoing issues surrounding the Dangote Refinery. The meeting, held on Monday, brought together Chairman and CEO of Dangote Group, Aliko Dangote, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, and Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited, Mele Kyari. This was contained in a statement released on Monday by Lokpobiri’s Special Adviser…

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