Category: featured

Filling stations shut as fuel shortages at depot persists 

Nigerians are still grappling to buy Premium Motor Spirit, also known as petrol, as depots...

FG to forfeit N188bn on food import waiver – Customs boss

The Nigeria Customs Service announced that the Federal Government may forfeit N188.37 billion in revenue...

FG pays NiMet workers’ 45-month minimum wage backlog

The federal government has paid the outstanding 45-month minimum wage arrears owed to Nigerian Meteorological...

Lower regulatory burden on manufacturing sector, CPPE tells FG

The Centre for the Promotion of Private Enterprise has encouraged the federal government to lessen...

700,000 manufacturers, MSMEs register for FG N150bn loan – Minister 

Minister of Industry, Trade and Investment, Doris Aniete has said that about 700,000 manufacturers and...

Tech giant Cisco to fire 4,000 employees, says report

Cisco Systems is set to announce a new wave of layoffs, potentially affecting a number...

FG launches $500m power transmission infrastructure for Lagos-Ogun industrial corridor

The Federal Government has launched a $500m Japanese International Corporation Agency intervention project to boost...

AU states adopts AI in public, private sectors 

The African Union Executive Council has adopted the “Continental Artificial Intelligence Strategy,” that calls for...

CBN list guidelines for fund repatriation by companies

The Central Bank of Nigeria has announced the documentation requirements for divestments and repatriation of...

Power generation hits 5,105MW in July – Minister 

The Minister of Power, Adebayo Adelabu, has stated that Nigeria’s power sector generated 5,105 megawatts...

FG considers tax breaks for companies – Minister

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has stated...

SMEs can’t afford N70,000 minimum wage – Business owners 

Associations and operators of small businesses in Nigeria have stated that SMEs in Nigeria can’t...