Nigeria’s industrial employment dropped 21% in 2022 – MAN
The manufacturing industry in Nigeria, Manufacturers Association of Nigeria, experienced a fall in direct employment creation of 20.8 per cent in the…
Business
FG expresses concern over N4tn debt owed by several companies
A Federal Government agency, Asset Management Corporation of Nigeria has requested assistance from stakeholders in order to recover N4 trillion in…
Nigeria must address food inflation before subsidy removal – Budgit
The Chief Executive Officer of a Nigerian civic group, Budgit Oluseun Onigbinde, has stated that the first thing the new administration needs…
May Day: Union advises the aviation minister to prepare handover note
The Minister of Aviation, Sen. Hadi Sirika, has received counsel to emulate other ministers by preparing his handover note to the Permanent…
Stakeholders reject $250 surcharge on Nigeria-bound cargoes
Stakeholders in Nigeria’s maritime sector have expressed their disagreement with the French shipping firm, CMA CGM’s new overweight cargo surcharge. According…
FG re-introduces excise duty on telecoms – Report
The Federal Government has once again begun plans to implement the 5% excise duty on telecommunications services. Nairametrics reported that this additional…
Dubai firm to host tech event in Nigeria
Dubia headquartered firm, Vertex Next has stated that it would be hosting an event that focuses on emerging trends in blockchain technology,…
Nestlé reaffirms commitment to youths’ technical training
Nestlé Nigeria has reaffirmed its commitment to reducing the lack of technical skills by providing young individuals with the necessary abilities to…
Aba landlords request power restoration, threatens protest
The Aba Landlord Protection and Development Association has requested that the Transmission Company of Nigeria lift the disconnection order of Aba Power…
ExxonMobil’s profit doubles in Q1 over high demand
ExxonMobil’s profits in the first quarter of 2023 doubled due to the increased demand for oil and gas and cost-cutting measures, resulting…
Obasanjo, Soludo arrive Kinshasa for DRC-Nigeria business summit
Former President Olusegun Obasanjo, and Anambra State Governor, Prof. Chukwuma Soludo, have arrived at Kinshasa, Democratic Republic of Congo for…
Fuel subsidy: FG to provide supplementary budget, expand committee
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said it may be necessary to submit an additional budget to…