It’s on record that small businesses in USA have only about 37% chances of surviving the first 4 years, and about 9% chances of surviving the first 10 years. In Nigeria, it’s generally assumed that only about 13% survives the first 4 years. In Nigeria, lack of financial support from financial institutions is the biggest […]
Minimum Wage: NLC Calls Off Nationwide Strike
The organised labour unions have called off the planned nationwide strike initially scheduled to commence today to press home workers’ demand for a new national minimum wage of N30,000. The National Chairman of the Nigeria Labour Congress (NLC), Ayuba Wabba, announced the suspension last night in Abuja at the end of the last meeting of […]