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BUSINESS

257 Results / Page 1 of 29
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BUSINESS

BREAKING: Workers stranded as labour pickets Jos DisCo, NERC

Members of the Nigerian Labour Congress in Plateau State and the Trade Union Congress on Monday blocked the entrance of the headquarters of Jos Electricity Distribution Company in Jos, the state capital. The Nigerian Electricity Regulatory Commission offices located at the Gold and Base axis in Jos were also picketed by the union members, leaving their workers stranded. The State Chairman of the NLC, Eugene Mangji, who led the union […]

todayMay 13, 2024 6

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BUSINESS

FG, Nokia sign pact on youth empowerment

The Federal Government has signed a Memorandum of Understanding with Nokia Solutions and Networks Nigeria to upskill young Nigerians in the latest 4G and 5G radio and transmission technologies. The partnership aims to equip Nigerians with the necessary skills to excel in the rapidly evolving telecommunications sector, according to a statement from the Nigerian Communications Commission. The MoU was signed by the Minister of Communications, Innovation, and Digital Economy, Dr […]

todayMay 13, 2024 3

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BUSINESS

FG woos global investors for 17 oil blocks

The Federal Government, on Tuesday, offered 12 oil blocks and five deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, United States. Speaking at the African Oil Industry Opportunities Session, a side event at the 2024 Offshore Technology Conference, the Chief Executive, Nigerian Upstream Regulatory Commission, Gbenga Komolafe, told investors at the gathering that Nigeria […]

todayMay 8, 2024 1 2

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BUSINESS

Dollar speculation: FG rubbishes Binance CEO’s bribery allegation

The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m […]

todayMay 8, 2024 1

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BUSINESS

Lagos-Calabar highway: Telcos fear shutdown as construction threatens cables

•Undersea fibre cables linking Europe to Nigeria pass through construction corridor – ALTON, ATCON Barely 48 hours after Multichoice alerted subscribers to a three-day technical downtime, telecommunication companies have expressed concern over possible connectivity disruptions as construction advances on the 700km Lagos-Calabar Coastal Highway. While the DStv and GOtv owner acknowledged the anticipated impact of the ongoing Lagos-Calabar construction project on their uplink facilities, telcos on Sunday expressed broader concerns […]

todayMay 6, 2024 3

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BUSINESS

Blockchain’s industry meeting with SEC DG rescheduled 

The proposed meeting between stakeholders in the blockchain industry and the Director General of the Securities and Exchange Commission, Emomotimi Agama, has been rescheduled. The virtual meeting earlier scheduled for 10 am on Monday has been moved to 2:30 pm. This was disclosed in an email sent to our correspondent early Monday signed by the Public Relations Officer of Blockchain Industry Coordinating Committee of Nigeria, Kue Paul. The meeting is […]

todayMay 6, 2024 2

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BUSINESS

Govt borrows N11tn via bonds, T-bills in four months

The Federal Government has raised a total sum of N11tn through auctions and sales of Treasury bills and saving bonds issuance in four months, according to findings by The PUNCH An analysis of bonds and bills results issued this year by the Central Bank and the Debt Management Office showed that the government had raised N3.1trn in FGN bonds and 7.92trn in T-bills between January and April 2024, totalling N11.2trn. These […]

todayMay 3, 2024 2

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BUSINESS

Oyo nurses threaten indefinite strike, issue 14-day ultimatum

The Oyo state council of the National Association of Nigeria Nurses and Midwives has threatened to embark on an indefinite strike if their demands are not met in 14 working days. The council in a letter addressed to Governor Seyi Makinde on Thursday, May 2, 2024, stated that the resolution was made after its state executive council meeting held on Tuesday on issues affecting the welfare and career progression of […]

todayMay 3, 2024 1

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BUSINESS

A’Ibom gives physically challenged entrepreneur, others N400m grant

A physically challenged entrepreneur from Akwa Ibom State, Mr Jones Okon Akpan, along with 779 others has been awarded a N400 million business grant by the State Government. This grant was part of the Entrepreneurship Accelerator Programme initiated by state Governor, Umo Eno. During the presentation ceremony held at the Government House Banquet Hall in Uyo, Eno who was moved by compassion directed that Akpan be provided with appropriate mobility […]

todayMay 3, 2024 1

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