Ireland is adjusting its work visa policies in response to changing workforce demands, with new programs set to launch in 2025.The Irish government has introduced several measures, including expanding the Critical Skills Occupations List (CSOL) and implementing quota-based work permits, aimed at addressing skill shortages in sectors such as technology, healthcare, and renewable energy.These changes are intended to attract skilled professionals to Ireland, offering them a fast-track route to employment and residency.New opportunities in Ireland’s work visa system In 2025, Ireland is making it easier for international workers to access its labour market through various visa options. The Critical Skills Employment…
Author: Oladi Samuel
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Detty December, the month-long rave that turns Nigeria into a global party hotspot, has morphed into more than just a festive tradition.It’s a cultural and economic phenomenon. What started as post-pandemic revelry is now a potent force driving global cultural exchange and economic activity.Even amid a depreciated naira, record inflation, and a challenging economic climate, Detty December 2024 managed to showcase the resilience of Nigeria’s economy with a flair that’s as unmistakably Nigerian as jollof rice at a wedding.Let’s dive into the highlights of how Nigeria turned lemons into zesty lemonades with extra vibes this December.The global allure of Detty…
Detty December, the month-long rave that turns Nigeria into a global party hotspot, has morphed into more than just a festive tradition.It’s a cultural and economic phenomenon. What started as post-pandemic revelry is now a potent force driving global cultural exchange and economic activity.Even amid a depreciated naira, record inflation, and a challenging economic climate, Detty December 2024 managed to showcase the resilience of Nigeria’s economy with a flair that’s as unmistakably Nigerian as jollof rice at a wedding.Let’s dive into the highlights of how Nigeria turned lemons into zesty lemonades with extra vibes this December.The global allure of Detty…
Governor Kabir Yusuf of Kano State has officially signed the 2025 budget into law, amounting to N719.8 billion.The signing took place at the Government House on Tuesday, following approval by the State House of Assembly.The disclosure was contained in a report by the News Agency of Nigeria (NAN).The budget, named the “Budget of Hope, Human Capital, and Economic Development,” prioritizes key areas such as education, infrastructure, and human capital development.It allocates 64% to capital expenditure (N457 billion) and 36% to recurrent expenditure (N262.6 billion).“I want to guarantee that allocating 64% of the budget to capital projects and 36% to recurrent…
The Nigeria Customs Service (NCS), Area 2 Command, Onne, Rivers State, has announced a record revenue generation of N643 billion for 2024, surpassing its annual target of N618 billion by N25 billion.This achievement represents 103% of the year’s revenue goal and marks a significant milestone in the command’s operational history.The Area Controller, Mr. Muhammed Babandede, disclosed this at a news briefing in Onne on Tuesday, as reported by the News Agency of Nigeria (NAN).“The Nigeria Customs Service (NCS), Area 2 Command, Onne, Rivers, says it exceeded its revenue target for 2024 by generating N643 billion during the year. “The Area Controller,…
The exchange rate between the naira and the dollar ended the year at N1,535/$1 representing a 40.9% depreciation for 2024.The official exchange rate between the naira and dollar closed in 2023 at N907.11/$1 thus depreciating by 40.9% for the year which compares to a 49.1% devaluation at the end of 2023.Nigeria introduced several foreign exchange policies in 2024 as the central bank expanded on market-friendly forex policies to attract foreign investors.Meanwhile, on the parallel market where the exchange rate is sold unofficially, the naira exchanged for N1,660 to the dollar when compared to N1,215/$ according to Nairametrics tracking records. This…
The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has said that illicit funds in Nigeria such as laundered money or proceeds of crimes will also be taxed under the controversial tax reform bill.Oyedele made the assertion when speaking on an X space hosted by Nairametrics in partnership with Business Day, BudgIT, and CODE.He explained that the government will rely on data and intelligence reports to track illicit funds of Nigerians and tax them before probing the sources of such funds.He said such tax will be collected through what he tagged a “voluntary disclosure programme”, in which…
Former BBNaija housemate, Pere Egbi, turned actor and producer, has revealed that after investing N200 million in his film, The Silent Intruder, he personally earned a meager N8 million.His claims follow a recent social media outburst by Femi Branch, lead actor of House of Ga’a, who highlighted the challenges filmmakers face with cinema promotions in Nigeria.In a heartfelt Instagram post, Pere corroborated Branch’s statements, shedding light on his personal ordeal with the cinema industry.According to Egbi, his film suffered from poor screen times and inadequate promotion, which he believes stifled its box office performance. Despite spending over N150 million from…
The federal government has reiterated its dedication to fostering peace and stability in West Africa, expressing deep concern over recent remarks by Abdourahman Tchiani, President of Niger’s National Council.This was contained in a statement issued by the Minister of Foreign Affairs, Yusuf Tuggar, on Nigerian Television Authority (NTA), the federal government emphasized its readiness to prioritize dialogue as the cornerstone for resolving disputes and achieving sustainable peace.The Minister underscored that Nigeria remains committed to avoiding any actions that could jeopardize Niger’s sovereignty or security.Nigeria and Niger, as neighboring countries and brothers, share deep historical, cultural, and economic ties according to…
As global talent shortages continue to impact various sectors, governments are seeking skilled foreign professionals to fill crucial gaps.In 2025, several countries will actively seek workers in high-demand sectors such as healthcare, IT, and engineering.These nations are eager to tap into a global workforce that can drive innovation and support economic growth.Countries like Australia, New Zealand, Germany, the United Kingdom, and Singapore are all providing opportunities for skilled workers in 2025, DAAD Scholarship informs. These governments are making it easier for foreign professionals to secure work visas and permanent residency through various schemes, offering pathways to long-term career opportunities.Countries with…