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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

APC Not Stopping Commissioning Of Anambra Airport, Says Andy Uba

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Mr Victor Ogene, Director, Media and Publicity for Sen. Andy Uba Governorship Campaign Organisation, on Saturday described as fake news associated with Ubah to stop the commissioning of the Anambra International Passenger and Cargo Airport. Ogene said that the social media reports trending on different social media handles with such deadly report was very unfortunate as people play politics with...

How To Use Business Development Tools To Enhance Your Small Business

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How To Use Business Development Tools To Enhance Your Small Business

It is no secret that using business development tools can make the process of streamlining your business operations smoother and enhance your productivity. Using such tools can give you important insights into the market and how to stay relevant and grow as a small business. We will discuss some steps that will show you how to develop your small...

Economic Crisis: Group Asks FG Not To Sack Workers

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A group is known as The Alliance for Surviving COVID-19 and Beyond (ASCAB) has asked the federal government, FG not to use budget cuts as an excuse to sack workers.  The federal government had revised the 2020 budget due to the crash in the price of oil and other effects of the coronavirus pandemic on the economy. In a statement, Adewale...

BREAKING! Inflation rises to 12.13%

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Nigeria’s annual inflation accelerated to 12.13% in January from 11.98% in December, the National Bureau of Statistics said on Tuesday. A separate food price index showed inflation at 14.85% in January, compared with 14.67% in December. The 12.13 per cent inflation rate represents an increase of 0.15 percentage point over the index recorded in December last year. An analysis of the NBS...

Gov. Otti Urges Haier Global To Invest In Abia, Assures Of Business-Friendly Environment

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Gov. Otti Urges Haier Global To Invest In Abia, Assures Of Business-Friendly Environment

Abia State Governor, Dr. Alex Otti, has reaffirmed his administration’s commitment to fostering strategic partnerships with investors, emphasizing that such collaborations are aimed at economic growth rather than mere patronage of companies. Governor Otti made this known on Wednesday while receiving a delegation from Haier Global Business, led by its Director for Africa, Mr. Sunny Liu, at the Government House,...

Tinubu Writes National Assembly, Wants 2024 Budget Increased By ₦6.2tn

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Rivers Elders Begs Tinubu To Intervene In Wike’s Alleged Threat

President Bola Tinubu, on Wednesday, requested the Senate to amend the 2024 Appropriation Act and the 2023 Finance Act by increasing the budget with ₦6.2tn. Tinubu’s request was contained in a letter addressed to the President of the Senate, Godswill Akpabio, and read at plenary on Wednesday. The President in the letter, said the move was pursuant to Section 58, sub-section...

Petrol Queues Disappearing This Weekend, Says Minister

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The Minister of State (Oil) Petroleum Resources, Heineken Lokpobiri, says there is availability of petrol despite the scarcity and hike in the price of the product. He stated this on Thursday while briefing journalists at the Presidential Villa, Abuja after meeting with Vice President Kashim Shettima. “What is important is that products are available in the country,” he said. The minister also...

Buhari Vows To Expose Big Names Behind Oil Theft

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Threat To Impeach President Buhari: PDP Senators Are Confused — Presidency

President Muhammadu Buhari has said his government would soon reveal the identities of important personalities behind oil theft in the country. Senior Special Assistant to the President on Media and Publicity, Garba Shehu who spoke on the president's behalf said that as part of efforts to rid the country’s economy from sabotage of greedy few, security operatives had raided locations...

World Bank President Visits Nigeria, To Focus On Job Creation, Energy

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The President of World Bank, Ajay Banga is set to commence a three-day visit to Nigeria which will focus on job generating avenues for teeming Nigerian young population as well as bridging the country's energy gap, the international lender said in a statement on Tuesday. The visit on Thursday will see the World Bank chief meet with the President of...

Buhari Jets Out To Saudi Arabia, To Attend Investment Summit, Lesser Hajj

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President Muhammadu Buhari will today (Monday) depart for Riyadh, Saudi Arabia, to participate in the investment conference organised by the Future Investment Initiative Institute. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this on Sunday in a statement titled, ‘President Buhari to participate in investment summit in Riyadh, Saudi Arabia’. The President will be joined...

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