BUSINESS
N48,000 Minimum Wage Proposed By FG Ridiculous — Labour
Organised labour has rejected the N48,000 proposed by the federal government as minimum wage for public service workers. The government’s position was presented to labour...
NLC Shuts Down Jos DisCo Over Tariff Increase
The Nigerian Labour Congress (NLC) has shut down the headquarters of Jos Electricity Distribution Company (JEDC) in Plateau State over electricity tariff hike. Our correspondent...
With Introduction Of CNG Buses, Nigerians Will Pay Less On Transportation — FG
The federal government has said the introduction of Compressed Natural Gas (CNG) buses under the Presidential CNG Initiative (PCNGi) will lead to a substantial...
We’ve Received N3.911bn In Oil Derivation — Lagos State Govt
The Lagos State Government has disclosed that the sum of N3.911bn has been realised since it became an oil-producing state but the production has...
Police To Clamp Down On Unregistered PoS Operators In Nigeria
The Federal Government has said mandatory registration of Point-of-Sales (PoS) operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments...
NNPCL Confirms 1.5bn Litres Of Petrol In Stock, Moves To Fight Hoarding
The Nigerian National Petroleum Company (NNPC) Limited has engaged security agencies and other industry stakeholders to dismantle cartels suspected to be hoarding petrol across...
FULL LIST: 5 Charges Nigerians Pay For Electronic Transactions
The Central Bank of Nigeria (CBN) has issued an order to all banks operating within the country to impose a cybersecurity levy on transactions. In a...
NERC Directs Downward Review Of Tariff For Band A Electricity Customers
The Nigerian Electricity Regulatory Commission (NERC), has ordered the downward review of electricity tariff for Band A customers to N206.80 per kilowatt-hour from the...
FG Commences Disbursement Of N50b Grants To Small Business Owners
Beneficiaries of the Federal Government’s N50,000 grant for nano business owners have started receiving credit alerts. Minister for Industry, Trade and Investment Dr Doris Uzoka-Anite,...
VP Shettima Jets Out To US For Business Summit
Vice President Kashim Shettima has departed Abuja for Dallas, United States of America, to represent President Bola Tinubu at the 2024 US-Africa Business Summit...
