Business News Archives - Nairametrics https://nairametrics.com/category/nigeria-business-news/ Destination for Business news and analysis from Africa's largest economy Sat, 15 Jun 2024 06:27:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Business News Archives - Nairametrics https://nairametrics.com/category/nigeria-business-news/ 32 32 201037849 Germany’s rejection rate for multiple entry Schengen visa is only 14%, falling below average   https://nairametrics.com/2024/06/15/germanys-rejection-rate-for-multiple-entry-schengen-visa-is-only-14-falling-below-average/ https://nairametrics.com/2024/06/15/germanys-rejection-rate-for-multiple-entry-schengen-visa-is-only-14-falling-below-average/#respond Sat, 15 Jun 2024 06:27:28 +0000 https://nairametrics.com/?p=491295 Germany's rates for issuing multiple-entry visas have consistently remained high, as the latest statistics reveal that 90.4% of visas issued by German consulates in 2023 were multiple-entry.  

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]]> https://nairametrics.com/2024/06/15/germanys-rejection-rate-for-multiple-entry-schengen-visa-is-only-14-falling-below-average/feed/ 0 491295 French Embassy launches €753,000 plastic waste management project in 13 Nigerian universities https://nairametrics.com/2024/06/14/french-embassy-launches-e753000-plastic-waste-management-project-in-13-nigerian-universities/ https://nairametrics.com/2024/06/14/french-embassy-launches-e753000-plastic-waste-management-project-in-13-nigerian-universities/#respond Fri, 14 Jun 2024 14:00:44 +0000 https://nairametrics.com/?p=491283 French Embassy in Nigeria, through its Cooperation and Cultural Department, has launched a plastic waste management project worth €753,000 to be executed in 13 Nigerian universities.

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]]> https://nairametrics.com/2024/06/14/french-embassy-launches-e753000-plastic-waste-management-project-in-13-nigerian-universities/feed/ 0 491283 Nigerian convicted for $1.5 million Business Email Compromise scheme in U.S. https://nairametrics.com/2024/06/14/nigerian-convicted-for-1-5-million-business-email-compromise-scheme-in-u-s/ https://nairametrics.com/2024/06/14/nigerian-convicted-for-1-5-million-business-email-compromise-scheme-in-u-s/#respond Fri, 14 Jun 2024 12:46:50 +0000 https://nairametrics.com/?p=491273 Umeti, 35, and his co-conspirators sent victims businesses phishing emails, which were made to appear as though they originated from trusted senders, such as a bank or a vendor.

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]]> https://nairametrics.com/2024/06/14/nigerian-convicted-for-1-5-million-business-email-compromise-scheme-in-u-s/feed/ 0 491273 Minimum Wage: N250,000 demand not cast in stone – TUC President https://nairametrics.com/2024/06/14/minimum-wage-n250000-demand-not-cast-in-stone-tuc-president/ https://nairametrics.com/2024/06/14/minimum-wage-n250000-demand-not-cast-in-stone-tuc-president/#comments Fri, 14 Jun 2024 09:59:31 +0000 https://nairametrics.com/?p=491250 The President of the Trade Union Congress (TUC), Festus Osifo, has said that the N250,000 minimum wage proposal by the organized labour is both negotiable and not necessarily cast in stone.

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]]> https://nairametrics.com/2024/06/14/minimum-wage-n250000-demand-not-cast-in-stone-tuc-president/feed/ 1 491250 Abia Assembly threatens to cancel deal with Innoson Motors over breach of contract https://nairametrics.com/2024/06/14/abia-assembly-threatens-to-cancel-deal-with-innoson-motors-over-breach-of-contract/ https://nairametrics.com/2024/06/14/abia-assembly-threatens-to-cancel-deal-with-innoson-motors-over-breach-of-contract/#respond Fri, 14 Jun 2024 09:45:32 +0000 https://nairametrics.com/?p=491251 The Abia House of Assembly has threatened to terminate its contract with Innoson Vehicles Manufacturing Ltd for allegedly failing to fulfill its agreement to produce vehicles for all the lawmakers.

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]]> https://nairametrics.com/2024/06/14/abia-assembly-threatens-to-cancel-deal-with-innoson-motors-over-breach-of-contract/feed/ 0 491251 Will Smith’s “Bad Boys” nears N70 million gross earnings in Nigerian cinemas https://nairametrics.com/2024/06/13/will-smiths-bad-boys-nears-n70-million-gross-earnings-in-nigerian-cinemas/ https://nairametrics.com/2024/06/13/will-smiths-bad-boys-nears-n70-million-gross-earnings-in-nigerian-cinemas/#comments Thu, 13 Jun 2024 17:25:38 +0000 https://nairametrics.com/?p=491202 The Cinema Association of Nigeria, "Bad Boys: Ride or Die" swiftly ascended to the top of the box office charts, becoming the most-watched movie in Nigerian cinemas between June 7 and June 9, 2024.

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]]> https://nairametrics.com/2024/06/13/will-smiths-bad-boys-nears-n70-million-gross-earnings-in-nigerian-cinemas/feed/ 1 491202 LASG to implement a star rating system for auto repair workshops across Lagos https://nairametrics.com/2024/06/13/lasg-to-implement-a-star-rating-system-for-auto-repair-workshops-across-lagos/ https://nairametrics.com/2024/06/13/lasg-to-implement-a-star-rating-system-for-auto-repair-workshops-across-lagos/#respond Thu, 13 Jun 2024 13:47:51 +0000 https://nairametrics.com/?p=491187 The Lagos State Government is set to introduce a star rating system for purpose-built auto repair workshops within the state to enhance service quality and promote environmental sustainability

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]]> https://nairametrics.com/2024/06/13/lasg-to-implement-a-star-rating-system-for-auto-repair-workshops-across-lagos/feed/ 0 491187 Canada’s Post-Graduate Work Permit is now revised to narrow access for international graduates https://nairametrics.com/2024/06/13/canadas-post-graduate-work-permit-is-now-revised-to-narrow-access-for-international-graduates/ https://nairametrics.com/2024/06/13/canadas-post-graduate-work-permit-is-now-revised-to-narrow-access-for-international-graduates/#comments Thu, 13 Jun 2024 08:20:58 +0000 https://nairametrics.com/?p=491166 Canadian government revises PGWP to areas experiencing labour shortage, narrows access for international graduates

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]]> https://nairametrics.com/2024/06/13/canadas-post-graduate-work-permit-is-now-revised-to-narrow-access-for-international-graduates/feed/ 1 491166 New minimum wage bill to be sent to National Assembly soon – Tinubu https://nairametrics.com/2024/06/12/new-minimum-wage-bill-to-be-sent-to-national-assembly-soon-tinubu/ https://nairametrics.com/2024/06/12/new-minimum-wage-bill-to-be-sent-to-national-assembly-soon-tinubu/#respond Wed, 12 Jun 2024 13:18:29 +0000 https://nairametrics.com/?p=491139 President Bola Tinubu has said that a new minimum wage bill will be sent to the National Assembly for approval as the law for the next five year in Nigeria very soon.

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]]> https://nairametrics.com/2024/06/12/new-minimum-wage-bill-to-be-sent-to-national-assembly-soon-tinubu/feed/ 0 491139  Nigeria’s advertising industry to hit N893 billion by 2028 – Report  https://nairametrics.com/2024/06/12/nigerias-advertising-industry-to-hit-n893-billion-by-2028-report/ https://nairametrics.com/2024/06/12/nigerias-advertising-industry-to-hit-n893-billion-by-2028-report/#respond Wed, 12 Jun 2024 06:28:07 +0000 https://nairametrics.com/?p=491115 The Nigerian advertising industry is set to reach an estimated N893 billion by 2028, according to a new report by PricewaterhouseCoopers (PwC).  

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]]> https://nairametrics.com/2024/06/12/nigerias-advertising-industry-to-hit-n893-billion-by-2028-report/feed/ 0 491115 Yobe state government to give each civil servant N10,000 as “Eid-el-Kabir bonus”   https://nairametrics.com/2024/06/12/yobe-state-government-to-give-each-civil-servant-n10000-as-eid-el-kabir-bonus/ https://nairametrics.com/2024/06/12/yobe-state-government-to-give-each-civil-servant-n10000-as-eid-el-kabir-bonus/#respond Wed, 12 Jun 2024 05:25:35 +0000 https://nairametrics.com/?p=491112 Governor Mai Mala Buni has approved the disbursement of N695.9 million as Eid-el-Kabir bonuses. 

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]]> https://nairametrics.com/2024/06/12/yobe-state-government-to-give-each-civil-servant-n10000-as-eid-el-kabir-bonus/feed/ 0 491112 LASG seeks FG’s approval to inspect out-of-state freight vehicles on federal highways https://nairametrics.com/2024/06/11/lasg-seeks-fgs-approval-to-inspect-out-of-state-freight-vehicles-on-federal-highways/ https://nairametrics.com/2024/06/11/lasg-seeks-fgs-approval-to-inspect-out-of-state-freight-vehicles-on-federal-highways/#comments Tue, 11 Jun 2024 18:48:46 +0000 https://nairametrics.com/?p=491096 The Lagos State Government has announced that it is intensifying efforts with the federal government, via the Federal Road Safety Corps (FRSC), to permit state authorities to inspect freight vehicles entering the state on federal highways.

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]]> https://nairametrics.com/2024/06/11/lasg-seeks-fgs-approval-to-inspect-out-of-state-freight-vehicles-on-federal-highways/feed/ 2 491096 LASG unveils two-year plan to install CCTV cameras at transport hubs, bus stops  https://nairametrics.com/2024/06/11/lasg-unveils-two-year-plan-to-install-cctv-cameras-at-transport-hubs-bus-stops/ https://nairametrics.com/2024/06/11/lasg-unveils-two-year-plan-to-install-cctv-cameras-at-transport-hubs-bus-stops/#respond Tue, 11 Jun 2024 12:56:06 +0000 https://nairametrics.com/?p=491075 The Lagos State Government has unveiled plans to install closed-circuit television (CCTV) cameras at key transportation points, including interchanges, bus stops, freight yards, and taxi parks, over the next two years. 

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]]> https://nairametrics.com/2024/06/11/lasg-unveils-two-year-plan-to-install-cctv-cameras-at-transport-hubs-bus-stops/feed/ 0 491075 FG declares June 12 public holiday to mark democracy day in Nigeria https://nairametrics.com/2024/06/11/fg-declares-june-12-public-holiday-to-mark-democracy-day-in-nigeria/ https://nairametrics.com/2024/06/11/fg-declares-june-12-public-holiday-to-mark-democracy-day-in-nigeria/#respond Tue, 11 Jun 2024 09:54:14 +0000 https://nairametrics.com/?p=491057 The Federal Government has declared Wednesday, June 12, a public holiday to commemorate the 2024 Democracy Day celebration.

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]]> https://nairametrics.com/2024/06/11/fg-declares-june-12-public-holiday-to-mark-democracy-day-in-nigeria/feed/ 0 491057 Czech Republic unveils new portal to attract one million foreign tech talent https://nairametrics.com/2024/06/11/czech-republic-unveils-new-portal-to-attract-one-million-foreign-tech-talent/ https://nairametrics.com/2024/06/11/czech-republic-unveils-new-portal-to-attract-one-million-foreign-tech-talent/#respond Tue, 11 Jun 2024 06:36:48 +0000 https://nairametrics.com/?p=491038 Czech Republic unveils new portal to meet the goal in attracting one million foreign tech talent

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]]> https://nairametrics.com/2024/06/11/czech-republic-unveils-new-portal-to-attract-one-million-foreign-tech-talent/feed/ 0 491038 SMEDAN, Sterling bank launch N5 billion single interest loan for small businesses https://nairametrics.com/2024/06/11/smedan-sterling-bank-launch-n5-billion-single-interest-loan-for-small-businesses/ https://nairametrics.com/2024/06/11/smedan-sterling-bank-launch-n5-billion-single-interest-loan-for-small-businesses/#respond Tue, 11 Jun 2024 06:36:09 +0000 https://nairametrics.com/?p=491037 The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in partnership with Sterling Bank Ltd., launched a N5 billion initiative called Databanc on Monday to bridge financial gaps for small businesses.

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]]> https://nairametrics.com/2024/06/11/smedan-sterling-bank-launch-n5-billion-single-interest-loan-for-small-businesses/feed/ 0 491037 Denmark allows professional models work for a short duration without a work permit https://nairametrics.com/2024/06/10/denmark-allows-professional-models-work-for-a-short-duration-without-a-work-permit/ https://nairametrics.com/2024/06/10/denmark-allows-professional-models-work-for-a-short-duration-without-a-work-permit/#respond Mon, 10 Jun 2024 13:27:30 +0000 https://nairametrics.com/?p=490996 Denmark allows professional models work for a short duration without a work permit

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]]> https://nairametrics.com/2024/06/10/denmark-allows-professional-models-work-for-a-short-duration-without-a-work-permit/feed/ 0 490996 NLC rejects FG’s N62,000 minimum wage proposal, demands N250,000 https://nairametrics.com/2024/06/10/nlc-rejects-fgs-n62000-minimum-wage-proposal-demands-n250000/ https://nairametrics.com/2024/06/10/nlc-rejects-fgs-n62000-minimum-wage-proposal-demands-n250000/#respond Mon, 10 Jun 2024 13:23:26 +0000 https://nairametrics.com/?p=490994 The Nigeria Labour Congress (NLC) has firmly rejected the federal government’s ₦62,000 minimum wage proposal, insisting on a minimum of ₦250,000.

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]]> https://nairametrics.com/2024/06/10/nlc-rejects-fgs-n62000-minimum-wage-proposal-demands-n250000/feed/ 0 490994 LASG to launch vehicle scrapping scheme for upgrading old danfo buses to new models   https://nairametrics.com/2024/06/10/lasg-to-launch-vehicle-scrapping-scheme-for-upgrading-old-danfo-buses-to-new-models/ https://nairametrics.com/2024/06/10/lasg-to-launch-vehicle-scrapping-scheme-for-upgrading-old-danfo-buses-to-new-models/#respond Mon, 10 Jun 2024 07:59:50 +0000 https://nairametrics.com/?p=490955 The Lagos State Government is planning to implement a vehicle scrapping scheme that provides existing operators of danfo minibuses used for public transport with incentives to acquire new vehicles in exchange for scrapping their old, dilapidated ones.  

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]]> https://nairametrics.com/2024/06/10/lasg-to-launch-vehicle-scrapping-scheme-for-upgrading-old-danfo-buses-to-new-models/feed/ 0 490955 Ondo governor accuses EFCC operatives of disrupting legitimate businesses in Akure  https://nairametrics.com/2024/06/10/ondo-governor-accuses-efcc-operatives-of-disrupting-legitimate-businesses-in-akure/ https://nairametrics.com/2024/06/10/ondo-governor-accuses-efcc-operatives-of-disrupting-legitimate-businesses-in-akure/#respond Mon, 10 Jun 2024 06:10:45 +0000 https://nairametrics.com/?p=490950 Ondo state governor, Lucky Aiyedatiwa, accused operatives of the Economic and Financial Crimes Commission (EFCC) of disrupting "legitimate business activities" in Akure, Ondo state capital. 

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]]> https://nairametrics.com/2024/06/10/ondo-governor-accuses-efcc-operatives-of-disrupting-legitimate-businesses-in-akure/feed/ 0 490950