Development
Development
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Osun govt releases another N927million for payment of pensions
By Deborah Oladejo, Osogbo Osun State Governor, Mr. Gboyega Oyetola, has approved the immediate release of N927million for the payment of pensions of retirees in the state. Out of the amount, N877m will be used for the settlement of bonds of retired primary school teachers, local government workers and retired civil servants who are under the Contributory Pension Scheme while…
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FG asks tech giants, Google, Apple to deactivate illegal online banks, loan apps
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered Google LLC (Play Store) and Apple Inc. (Apple Store) to deactivate unauthorised online banks and loan applications operating in Nigeria. The Federal Government agency asked the tech giants to delete the applications where evidence has established inappropriate conduct or use of the application in violation of the rights of consumers.…
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ILO’s revised code of practice to benefit 229 million construction workers globally
More than 229 million construction workers around the globe may benefit from a revised and updated code of practice on safety and health, adopted by International Labour Organization (ILO) experts from government and employers’ and workers’ organizations. The updated code, discussed during a five-day meeting of experts (21-25 February), could play an important role in countries where construction is an economic engine…
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World Bank-IMF joint statement condemns Russia’s war in Ukraine
International Monetary Fund (IMF) Managing Director Kristalina Georgieva and World Bank Group President David Malpass today issued the following statement on the war in Ukraine. “We are deeply shocked and saddened by the devastating human and economic toll brought by the war in Ukraine. People are being killed, injured, and forced to flee, and massive damage is caused to the…
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