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Global wage inequality declines by 1.7%, says ILO

The International Labour Organisation has revealed that global wage inequality has decreased in two-thirds of countries since 2000. According to the ILO’s Global Wage Report 2024-25, an average annual decline in wage inequality globally ranges from 0.5 to 1.7 per cent. It stated that the reduction in global wage inequality marked a positive development, noting...
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Training crucial to transport sector development – Keyamo

The Minister of Aviation and Aerospace, Festus Keyamo has identified human resources and training as critical agents to the development of the transport sector. He stated that while speaking on the theme: “Mindset plus skillet: Championing inclusive agenda for women in Nigeria transport industry”, at a one-day women in transport conference held recently in Lagos....
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P’Harcourt refinery won’t reduce petrol price, says PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is functioning and is currently producing various refined petroleum products, including diesel, kerosene, and petrol. This development was confirmed by the PENGASSAN National President, Festus Osifo, at the association’s...
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FG begins free CNG bus service in Abuja

The Federal Government has commenced a free Compressed Natural Gas bus service in Abuja to ease transportation costs for Nigerians in the capital city. The CNG buses began operations on December 2, 2024, as shown in a video shared by the Presidential CNG Initiative on its X (formerly Twitter) page. The buses, according to reports,...
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African Alliance Insurance pays N780m to annuitants

The interim management/board of African Alliance Insurance has paid about N780m to annuitants. This was disclosed in a statement made available to The PUNCH on Tuesday. In October, the National Insurance Commission sacked the board and management of African Alliance Insurance Company. Announcing the sack at the commission’s Lagos office, the Commissioner for Insurance, Olusegun...
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Nigerian edtech startup AltSchool expands into Europe

The announcement was made during the SuperCharger Ventures Demo Day on Monday, December 2, 2024, after the company completed the prestigious accelerator program. The startup aims to leverage this support to fuel its growth in Europe. It has already seen promising traction in this market, particularly in the UK, which ranks third in registered users,...
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P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. This update was provided by the PENGASSAN National President, Festus Osifo, during the association’s National...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...