Business
Business and economic news from Nigeria and around the world.
Yobe state government to give each civil servant N10,000 as “Eid-el-Kabir bonus”
Governor Mai Mala Buni has approved the disbursement of N695.9 million as Eid-el-Kabir bonuses.
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LASG seeks FG’s approval to inspect out-of-state freight vehicles on federal highways
The Lagos State Government has announced that it is intensifying efforts with the federal government, via the Federal Road Safety...
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LASG unveils two-year plan to install CCTV cameras at transport hubs, bus stops
The Lagos State Government has unveiled plans to install closed-circuit television (CCTV) cameras at key transportation points, including interchanges, bus...
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SMEDAN, Sterling bank launch N5 billion single interest loan for small businesses
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in partnership with Sterling Bank Ltd., launched a N5 billion...
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NLC rejects FG’s N62,000 minimum wage proposal, demands N250,000
The Nigeria Labour Congress (NLC) has firmly rejected the federal government’s ₦62,000 minimum wage proposal, insisting on a minimum of...
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LASG to launch vehicle scrapping scheme for upgrading old danfo buses to new models
The Lagos State Government is planning to implement a vehicle scrapping scheme that provides existing operators of danfo minibuses used...
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Ondo governor accuses EFCC operatives of disrupting legitimate businesses in Akure
Ondo state governor, Lucky Aiyedatiwa, accused operatives of the Economic and Financial Crimes Commission (EFCC) of disrupting "legitimate business activities"...
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UNHCR gets $181 million fund for displaced persons in Nigeria, other African countries
The United Nations Refugee Agency (UNHCR) has disclosed it received $181,646,993 from contributors as of May 31, 2024, for its...
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Weaker Naira boosts export of Nigerian made goods – Customs Comptroller
The devaluation of the Naira has had a positive impact on the exportation of Nigeria’s local products to neighboring countries...
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UK’s salary threshold requirement for visas faces legal scrutiny, accused of separating families, others
UK’s increased salary threshold which is aimed at reducing net migration, is under legal scrutiny in the high court for...
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