NEWS

SNOW TV NEWS DESKLAGOS, October 29, 2026 — For millions of Nigerian workers, earning a salary no longer guarantees a decent standard of living as rising costs of food, rent, transportation, electricity, education and healthcare continue to stretch household budgets.Although Nigeria’s headline inflation rate eased to 14.63 per cent in September 2026, food inflation remained high at 19.59 per cent year-on-year, according to figures released by the National Bureau of Statistics. The slowdown in inflation does not mean prices have returned to affordable levels. Premium TimesThe pressure is particularly severe for workers earning the national minimum wage of ₦70,000 monthly. A BudgIT report on the cost of a healthy diet found that feeding one adult adequately in Ekiti required an es...

SNOW TV NEWS DESKDelta State Governor Sheriff Oborevwori has signed five bills into law, including the 13th Month Salary Law, 2026, aimed at improving workers’ welfare, strengthening the judiciary, protecting property rights, and reforming tax administration.The governor signed the laws on Wednesday at the Executive Council Chambers, Government House, Asaba, describing them as part of his administration’s commitment to reforms under the MORE Agenda.Oborevwori said the new laws would strengthen public institutions, enhance service delivery, and promote economic growth. He noted that the 13th-month salary initiative would boost workers’ morale, reward their contributions, and improve productivity.The governor also signed amendments increasing the number of High Court judges f...

SNOW TV NEWS DESKThe Federal High Court in Abuja has dismissed an N10 billion fundamental rights suit filed by Nollywood actor Emeka Ike against Lere Olayinka, Senior Special Assistant to FCT Minister Nyesom Wike, and the Independent National Electoral Commission (INEC).Justice Salim Ibrahim, in a ruling delivered on Wednesday, October 28, 2026, upheld the respondents’ preliminary objections, ruling that the suit was incompetent and improperly constituted. The court also dismissed the substantive case for lack of proof.Ike had approached the court after Olayinka allegedly published his voter registration details on X in May, an action the actor described as a violation of his right to privacy and the protection of personal data.The actor sought a declaration that the pu...

SNOW TV NEWS DESKThe Nigerian Education Loan Fund (NELFUND) has commenced a pilot of a tokenized payment system designed to prevent students from paying their school fees twice and reduce complications associated with refunds.The Managing Director and Chief Executive of NELFUND, Akintunde Sawyerr, disclosed this on Wednesday, October 28, 2026, during a press briefing, noting that the fund had received close to 400,000 applications.Sawyerr explained that the new system would allow students to authorize payments directly to their institutions through tokens linked to their respective schools, instead of receiving institutional loan funds in their personal bank accounts.According to him, the initiative addresses cases in which students, unaware that NELFUND had alr...