Category: Business
President Muhammadu Buhari has urged Nigerian youths to seek education to arm themselves with skill and ability to fight poverty in the 21st century and not to seek government jobs that may not be readily available. According to a statement from the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, this […]
The Lagos State Government through the Lagos State Residents Registration Agency (LASRRA) has announced the planned formal launching of the upgraded Lagos State Resident Identity Card (LAG ID Card), on Wednesday, July 20. This was made known by the General Manager of LASRRA, Engineer (Mrs.) Ibilola Kasunmu said the new LAG ID Card will be […]
The Federal Government has stated that it has no Collective Bargaining Agreement (CBA) with the Academic Staff Union of Universities (ASUU). This was disclosed in a statement by Chris Ngige, the Minister of Labour and Employment, on Wednesday in Abuja. The Minister stated that ASUU’s call for the President to sign an agreement which they […]
The Nigeria Police has placed a total ban on the use of spy vehicle number plates by vehicle owners nationwide. This was disclosed by the Inspector-General of Police, Usman Baba, through a statement issued by Force Public Relations Officer, Olumuyiwa Adejobi. According to the statement titled, “Internal security: IGP bans use of spy number plates nationwide,” the […]
Chairperson, Signal Alliance Technology Holding (SATH), Collins Onuegbu has stated that for businesses and the country to diversify the economy and drive sustainable growth, investors and the media must start focusing on enterprise technology companies and encourage them to take advantage of the opportunities that abound within. As part of activities to mark the day […]
The Debt Management Office (DMO) said the Federal Government’s debt mix aligns with the Debt Management Strategy 2020-2023. The organisation also claimed the government’s recourse to external debt is aimed at minimising the risk of crowding out the prevent sector from the domestic debt market, adding that the local market is constrained. DMO said this […]
The easiest businesses to start would be anything online because these they require minimal startup costs and one can easily control them. It affords you the opportunity to earn more profit and do less work over time. Some of these low capital businesses include; DROPSHIPPING Dropshipping is an e-commerce model where you do not have […]
A financial service company, Kuda Microfinance Bank, on Tuesday announced charges on customer deposits across its network. In an email to its customers, the bank said it would charge N50 on every N10,000 or more made into customers’ accounts on its network beginning from Friday. The decision, according to Kuda, was in line with the […]
The value of Nigeria’s cosmetic retail sales grew by an average of 14.5 per cent last year and added hundreds of billions of naira to the economy, a report by Euromonitor has stated. The report was shared by the President of the Society of Cosmetic Scientists of Nigeria (NICOS), Grace Abamba at the organisation’s yearly […]
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in June 2022. OPEC made this known in its Oil Market Report for July 2022 which was obtained by the News Agency of Nigeria (NAN) on Tuesday in Lagos. The report […]
Fuel marketers increased the pump price of petrol in Abuja on Monday, with several stations selling the product above the government-regulated price of N165 a litre. The development comes as residents continue to face shortages that began in 2021. While the government says it has enough supplies to go round, marketers say several factors have made it […]
The National Drug Law Enforcement Agency, NDLEA, has announced the arrest of one of the inmates who escaped from the Medium Security Correctional Centre, Kuje in Abuja. This was announced in a press statement issued to press men by Femi Babafemi, the Director, Media & Advocacy NDLEA on Monday. Recall last week, some inmates fled […]
Traders, workers and other commuters in different parts of Lagos are lamenting the increasing cost of transportation to various destinations across the state. The soaring cost is amid the fuel scarcity in many parts of Lagos which has continued to cause a spike in commercial bus fares. In addition to this, recent flood caused by […]
President Muhammadu Buhari has urged the Academic Staff Union of Universities (ASUU) to reconsider its position as the ongoing strike action continues to affect an entire generation and the nation. This was disclosed in a statement by the President’s Senior Special Assistant on Media and Publicity, Garba Shehu, when he received some governors, legislators and […]
The Lagos State Governor, Babajide Sanwo-Olu has been urged by the Peoples Democratic Party (PDP) in Lagos State to remove multiple taxes and levies placed on food markets to reduce the suffering of the poor in the state. The call was made by Mr. Hakeem Amode, the PDP Publicity Secretary in Lagos State on Monday. […]
