Tag: Salary
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Cristiano Ronaldo extends reign as highest-paid footballer
The portuguese international is the world’s highest-paid footballer, according to a Forbes assessment. It is the sixth time Ronaldo is claiming the top spot in the last ten years. The news comes just days after Bloomberg reported that the 40-year-old had become the first billionaire footballer with a net worth of $1.4 billion. With earnings…
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Nigeria approves new minimum wage amid economic turbulence and labor unrest
“President Bola Tinubu has approved a 70,000 naira minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years,” Senior Presidential Aide Bayo Onanuga announced on X. The compromise was reached during negotiations between the government and the country’s largest labor unions, the Nigerian Labour Congress (NLC) and…
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Namibia establishes national minimum wage to combat inequality and poverty
π³π¦ Namibia’s Cabinet has approved a decision by the Minister of Labor, Industrial Relations and Employment Creation (MLIREC) to implement a national minimum wage (NMW) starting in January 2025, according to local media reports. The NMW will be set at 18 Namibian dollars (approximately $0.96) per hour and will be reviewed after two years, according…
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