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Lateef Fagbemi. On 31 May 2024, the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) called for an indefinite general strike, demanding the country's monthly minimum wage be raised from ₦30,000 to ₦494,000. This came as a response to a national cost-of-living crisis, as the price of food and electricity overtook the minimum wage ...
The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar. This rate is almost two times different from the illegal black market exchange rate. The Black-Market exchange rate of the naira to the U.S. dollar is approximately ₦752.50 per 1 US dollar.
But businesses with turnovers exceeding ₦100,000 pay fees between ₦3,000 (~$6) and ₦5,000 (~$10) ... Prices will rise after August 23 at 11:59 p.m. PT. Don’t miss your…
The CPI-W is a measure that takes into account the prices of items like housing, food, personal care items, and transportation. ... TSCL's latest prediction says the 2025 COLA will be 2.63%.
Foreign reserves. $38.77 billion (31 December 2017 est.) [ 19] All values, unless otherwise stated, are in US dollars. Change in per capita GDP of Nigeria, 1950–2018. Figures are inflation-adjusted to 2011 International Geary-Khamis dollars. The economy of Nigeria is a middle-income, mixed economy and emerging market [ 27][ 28] with expanding ...
To buy a share in Amazon, you’d have to fork out almost $3,000. It’s a luxury very few can afford and despite the prospects of the trillion-dollar company or returns from its share price, it ...
It is expected to reach USD 28.51 Billion by 2032, growing at a CAGR of 3.92% during the forecast period (2024-2032). Based on battery time, the global power bank market is bifurcated into lithium ion and polymer. The lithium-ion segment is the highest contributor to the market and is expected to grow at a CAGR of 3.8% during the forecast period.
Today, it is announcing a $42 million Series B raise to diversify its offerings and expand to “become the financial hub for its users.”. Tiger Global Management led the round. Existing ...