by DamolaNigerian Labour law which can also be called employment law mediates the relationship between workers, employing entities (Employers), trade union and the government. It is the law that guides matter such as employment, remuneration, conditions of work, trade unions and industrial relations. The intention of any government and other approved bodies who set regulations to […]
by DamolaMost job applicants wish to know the secret behind winning the hiring executives over but it is not easy. When recruiting, there are certain traits employers look out for in ideal job seekers. It is necessary that employees gain these attributes as we continue in our careers and during job search. The truth is there […]
HISTORICAL BACKGROUND Nigeria electricity started back in the 80’s; two sets were installed to serve Lagos. The Electricity Corporation of Nigeria (ECN) was later established in 1951 and in 1962 the Niger Dams Authority (NDA) was established for the development of the Hydro electric power. However in 1972 those two were merged to form the […]
What is Scarcity? Scarcity simply means insufficiency or shortness of supply. In economics, scarcity is the result of people having “Unlimited Wants and Needs,” or always wanting something new, and having “Limited Resources.” Limited Resources mean that there are never enough resources, or materials, to satisfy or fulfill, the wants and needs that every person […]
by DamolaA deadly flu-like infection is causing the global economy to shiver, and Nigerian manufacturers are not left out, as development of the virus holds major implications for them. Known as the coronavirus, the epidemic has ravaged the Central province of the world’s most populous nation, China, from where the virus is believed to have originated […]
A Value Added Tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, less any of the costs of materials used in the product […]