Business Archives - Page 38 of 74 -

1 Minute

Breaking News Business Featured News Politics

Electricity tariff: New tariff capable of destroying nation’s economy – NLC

David May 13, 2024 0 Comment

The Nigerian Labour Congress (NLC), in Kebbi State says the increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC), is “capable of destroying the economic prosperity of the nation”. The state Chairman...

1 Minute

Breaking News Business Featured News Politics Technology

FG to reintroduce Telecom tax, others to secure $750m loan from World Bank

David May 7, 2024 0 Comment

The Nigerian government has drafted a plan to reintroduce the telecommunications tax previously suspended and other revenue-generating measures to secure a $750 million World Bank Loan. This is according to the recent Stakeholder Engagement...

1 Minute

Breaking News Business Featured News Politics

Tinubu promises more policies for nation’s industrialisation

David May 4, 2024 0 Comment

President Bola Tinubu has given the assurance that his administration would continue to put in place policies for the industrialisation of the country. A statement by the presidential spokesman Ajuri Ngelale, said Tinubu disclosed...

1 Minute

Breaking News Business Featured News Politics Technology

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

Breaking News Business Featured News Politics

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

Breaking News Business Featured News

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

Breaking News Business Featured News Politics Technology

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

Business Featured News Politics Technology

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

Business Featured News Politics

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

Business Featured News Politics

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...