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Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world’s top economy. At the same time, the dollar held gains with traders scaling back bets on another bumper interest rate cut. Oil prices edged down as traders await Israel’s response to Iran’s missile barrage last week amid fears of a region-wide war in the Middle East. All three main indexes on Wall Street rallied […]
Amid calls by Nigerians for a lower cost of governance, the personnel costs of the 36 states in Nigeria for the 2024 financial year have hit N2.76tn, an analysis of the budgets by The PUNCH has revealed. In 2023, the wage bill of the states according to their approved budget documents available on Open States powered by civic-tech innovation platform, BudgIT, stood at N2.26tn indicating that about N901.88bn had been added to […]
A new white paper from the World Economic Forum, in partnership with digital technology consultants Capgemini, predicts that a staggering 92 million jobs are expected to be done entirely remotely by 2030, up from the current 73 million. Recall that the COVID-19 pandemic ushered in a systemic shift in the way work is done, introducing millions, both individuals and organisations, to the concept of working from home (WFH). “These new […]
Gedeon, 22, driving his auto-rickshaw through the bustling streets of DR Congo’s capital Kinshasa, said he never imagined he would end up doing the job he does. Like many young people in the deeply impoverished central African nation, he said he had high hopes that the government can deliver a better future. “I want to go back to school,” said Gedeon, who has worked as a rickshaw driver for five […]
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