Business Archives - Page 36 of 72 -

1 Minute

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Court stops implementation of New Electricity Tariff

David May 3, 2024 0 Comment

A Federal High Court in Kano has issued an order restraining the National Electricity Regulatory Commission and the Kano Electricity Distribution Company from implementing the new electricity tariff for Band A consumers. The suit...

5 Minutes

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Court okays issuance of contempt notice on CBN Gov, over unpaid judgment debt

David May 2, 2024 0 Comment

The Federal High Court in Abuja has authorised the issuance of notices of contempt proceeding against the Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso and the Director of Legal Services Department, Salam-Alada...

1 Minute

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Nigerian banks close 2 million accounts over BVN, NIN, others

David May 2, 2024 0 Comment

Nigerian commercial banks closed at least 2 million bank accounts in the first quarter of 2024, Q1’24. The move was aimed at eradicating questionable accounts, particularly as some customers failed to comply with regulatory...

4 Minutes

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High demand for Mining Marshal shows sector support for policy – Alake

David April 29, 2024 0 Comment

Increasing demand for the services of newly established, 2,220-man Mining Marshals by mining firms confirm support of the industry for the policy. Minister of Solid Minerals Development , Dr. Oladele Alake delivering his key...

3 Minutes

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We’re investing in technology for transparency, accountability – Tinubu

David April 29, 2024 0 Comment

President Bola Tinubu says his administration is investing in technology tailored towards ensuring transparency and accountability in government. Tinubu said this would also accelerate public-sector performance and service delivery to the Nigerian people. He...

2 Minutes

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Tinubu reveals two policies resetting Nigeria’s economy growth

David April 29, 2024 0 Comment

President Bola Ahmed Tinubu has said the fuel subsidy removal and foreign exchange liberation policies have put Nigeria at the forefront of economic growth. In a statement by Ajuri Ngelale, presidential spokesperson, he said...

2 Minutes

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Tinubu meets Maersk Chairman, secures $600m investment in Nigeria seaport infrastructure

David April 29, 2024 0 Comment

President Bola Tinubu has secured an investment of $600 million from Danish shipping and logistics company, A.P Moller-Maersk, to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of...

5 Minutes

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Tinubu calls for collaboration, inclusiveness to address global challenges

David April 29, 2024 0 Comment

President Bola Tinubu says collaboration and inclusiveness are invaluable to achieving global food security, addressing collective challenges, and driving innovation across a chain of interests for a more stable and prosperous world. Speaking during...

3 Minutes

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Obaseki approves N70,000 minimum wage for workers

David April 29, 2024 0 Comment

Governor Godwin Obaseki of Edo state on Monday, announced an increase in the Minimum Wage for the Edo civil servants from N40,000 to N70,000 effective from May 1. Obaseki, disclosed this while inaugurating the...

2 Minutes

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President Tinubu approves take-off of Consumer Credit Scheme

David April 24, 2024 0 Comment

President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service. This is contained in a statement by Chief Ajuri...