Weakening external demand and domestic price wars have squeezed margins. Narrower margins have forced companies across the private sector to cut jobs. The continued rise in unemployment may affect domestic demand, potentially slowing the transition to a consumption-led economy. US Visa Policy Escalates Labor Market Strain Deteriorating labor market conditions coincide with attempts by the
In 2007, when Microsoft announced it was opening a software development center in Vancouver, the American tech giant explained it was making the move because of hassles getting H-1B visas for highly skilled employees from overseas, given the U.S. government’s recent reduction in national quotas on the hard-to-get work permits. Canada had no such caps.
• DisCos say costly market threatens recovery• Energy theft, illegal connections crippling revenue, says Oduntan• New tariff gaps widen subsidy risks• Experts warn of regulatory conflicts• FG, partners step in to help states with technical skills Nigeria’s push for a decentralised electricity market is facing deadlock in 24 states, as tariff structure and debt crisis […]
•Shettima arrives New York as Tuggar restates Nigeria’s commitment United Nations (UN) Secretary-General, Antonio Guterres, has expressed concern over the move towards multipolarity without strong multilateral institutions, which creates risks similar to those Europe faced during World War I. Speaking in New York, at the UN 80th anniversary, yesterday, he warned that the institution faced […]