Business Archives - Nairametrics https://nairametrics.com/category/nigeria-business-news/business-news/ Destination for Business news and analysis from Africa's largest economy Sun, 18 Aug 2024 08:05:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Business Archives - Nairametrics https://nairametrics.com/category/nigeria-business-news/business-news/ 32 32 201037849 Some pensioners receive as low as N500-N3,500 monthly payouts – Nigeria Union of Pensioners https://nairametrics.com/2024/08/18/some-pensioners-receive-as-low-as-n500-n3500-monthly-payouts-nigeria-union-of-pensioners/ https://nairametrics.com/2024/08/18/some-pensioners-receive-as-low-as-n500-n3500-monthly-payouts-nigeria-union-of-pensioners/#respond Sun, 18 Aug 2024 08:05:58 +0000 https://nairametrics.com/?p=496026 The Nigeria Union of Pensioners (NUP) disclosed that some retirees in the country are receiving as little as N500- N3500 per month as their pension.

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]]> https://nairametrics.com/2024/08/18/some-pensioners-receive-as-low-as-n500-n3500-monthly-payouts-nigeria-union-of-pensioners/feed/ 0 496026 Cost of Governance: Tinubu bars unauthorized officials from attending United Nations General Assembly in New York  https://nairametrics.com/2024/08/18/cost-of-governance-tinubu-bars-unauthorized-officials-from-attending-united-nations-general-assembly-in-new-york/ https://nairametrics.com/2024/08/18/cost-of-governance-tinubu-bars-unauthorized-officials-from-attending-united-nations-general-assembly-in-new-york/#respond Sun, 18 Aug 2024 05:24:57 +0000 https://nairametrics.com/?p=496022 President Bola Tinubu has barred unauthorized officials from attending the forthcoming United Nations General Assembly (UNGA) meetings in New York, United States.  

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]]> https://nairametrics.com/2024/08/18/cost-of-governance-tinubu-bars-unauthorized-officials-from-attending-united-nations-general-assembly-in-new-york/feed/ 0 496022 Customs to lose N188 billion in revenue over tariff removal on food imports   https://nairametrics.com/2024/08/14/customs-to-lose-n188-billion-in-revenue-over-tariff-removal-on-food-imports/ https://nairametrics.com/2024/08/14/customs-to-lose-n188-billion-in-revenue-over-tariff-removal-on-food-imports/#respond Wed, 14 Aug 2024 05:02:24 +0000 https://nairametrics.com/?p=495738 The Nigeria Customs Service (NCS) has stated that the revenue loss over the six month approved duties free importation of food items could reach N188 billion.  

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]]> https://nairametrics.com/2024/08/14/customs-to-lose-n188-billion-in-revenue-over-tariff-removal-on-food-imports/feed/ 0 495738 Trending video of President Tinubu assuring Nigerians of better times is an old clip – Presidency https://nairametrics.com/2024/08/08/trending-video-of-president-tinubu-assuring-nigerians-of-better-times-is-an-old-clip-presidency/ https://nairametrics.com/2024/08/08/trending-video-of-president-tinubu-assuring-nigerians-of-better-times-is-an-old-clip-presidency/#respond Thu, 08 Aug 2024 05:37:37 +0000 https://nairametrics.com/?p=495441 A trending video of President Bola Tinubu, in which he acknowledges the economic hardships caused by the removal of subsidy but emphasises that the government is working diligently to implement plans for a brighter future, has been confirmed by his media aide, Bayo Onanuga, to be an old clip. The video, which surfaced on Wednesday, […]

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]]> https://nairametrics.com/2024/08/08/trending-video-of-president-tinubu-assuring-nigerians-of-better-times-is-an-old-clip-presidency/feed/ 0 495441 Hunger Protest: Kaduna Government imposes 24-Hour curfew following ‘looting of shops, Others’  https://nairametrics.com/2024/08/05/hunger-protest-kaduna-government-imposes-24-hour-curfew-following-looting-of-shops-others/ https://nairametrics.com/2024/08/05/hunger-protest-kaduna-government-imposes-24-hour-curfew-following-looting-of-shops-others/#respond Mon, 05 Aug 2024 14:42:35 +0000 https://nairametrics.com/?p=495256 The Governor of Kaduna State, Uba Sani, has approved a 24-hour curfew on Kaduna, Zaria metropolises, and surrounding areas following "looting of shops." 

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]]> https://nairametrics.com/2024/08/05/hunger-protest-kaduna-government-imposes-24-hour-curfew-following-looting-of-shops-others/feed/ 0 495256 Suspension of import duties on food items will end by November – Abubakar Kyari  https://nairametrics.com/2024/08/05/suspension-of-import-duties-on-food-items-will-end-by-november-abubakar-kyari/ https://nairametrics.com/2024/08/05/suspension-of-import-duties-on-food-items-will-end-by-november-abubakar-kyari/#respond Mon, 05 Aug 2024 05:17:55 +0000 https://nairametrics.com/?p=495197 The Minister of Agriculture and Food Security, Abubakar Kyari, stated that the suspension of import duties on certain food items into the country will remain in effect only until the next harvest, expected around October or November this year.  

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]]> https://nairametrics.com/2024/08/05/suspension-of-import-duties-on-food-items-will-end-by-november-abubakar-kyari/feed/ 0 495197 Nationwide protest: Plateau State imposes 24hr curfew in Jos-Buruku to curb violence  https://nairametrics.com/2024/08/05/nationwide-protest-plateau-state-imposes-24hr-curfew-in-jos-buruku-to-curb-violence/ https://nairametrics.com/2024/08/05/nationwide-protest-plateau-state-imposes-24hr-curfew-in-jos-buruku-to-curb-violence/#respond Mon, 05 Aug 2024 05:16:57 +0000 https://nairametrics.com/?p=495198 The Plateau State Government has announced a 24-hour curfew across the Jos-Bukuru Metropolis following rising violence and a breakdown of public order in the area. 

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]]> https://nairametrics.com/2024/08/05/nationwide-protest-plateau-state-imposes-24hr-curfew-in-jos-buruku-to-curb-violence/feed/ 0 495198 Civil servants will receive first batch sale of 50kg rice for N40,000, says FG   https://nairametrics.com/2024/08/05/civil-servants-will-receive-first-batch-sale-of-50kg-rice-for-n40000-says-fg/ https://nairametrics.com/2024/08/05/civil-servants-will-receive-first-batch-sale-of-50kg-rice-for-n40000-says-fg/#respond Mon, 05 Aug 2024 05:07:53 +0000 https://nairametrics.com/?p=495196 The Federal Government has disclosed that the first batch sale of the 50 kilograms (kg) bag of rice for N40,000 will be directed to those in the public service before being made available to other regions of the country.  

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]]> https://nairametrics.com/2024/08/05/civil-servants-will-receive-first-batch-sale-of-50kg-rice-for-n40000-says-fg/feed/ 0 495196 Nigerians react to Federal Government’s disbursement of over N570 billion to states for livelihood support  https://nairametrics.com/2024/08/04/nigerians-react-to-federal-governments-disbursement-of-over-n570-billion-to-states-for-livelihood-support/ https://nairametrics.com/2024/08/04/nigerians-react-to-federal-governments-disbursement-of-over-n570-billion-to-states-for-livelihood-support/#respond Sun, 04 Aug 2024 15:23:18 +0000 https://nairametrics.com/?p=495183 President Bola Tinubu’s August 4 speech, where he addressed the ongoing protests and announced that the Federal Government had disbursed over N570 billion to the 36 states to expand livelihood support for vulnerable citizens, has sparked mixed reactions on social media.

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]]> https://nairametrics.com/2024/08/04/nigerians-react-to-federal-governments-disbursement-of-over-n570-billion-to-states-for-livelihood-support/feed/ 0 495183 Hunger Protest: We have ordered billions of naira farming equipment from US, Brazil – Tinubu tells Nigerians   https://nairametrics.com/2024/08/04/hunger-protest-we-have-ordered-billion-naira-farming-equipment-from-us-brazil-tinubu-tells-nigerians/ https://nairametrics.com/2024/08/04/hunger-protest-we-have-ordered-billion-naira-farming-equipment-from-us-brazil-tinubu-tells-nigerians/#respond Sun, 04 Aug 2024 07:00:54 +0000 https://nairametrics.com/?p=495165 President Bola Tinubu said his government has purchased billions of naira in mechanized farming equipment from countries like Brazil, the United States, and Belarus to boost agricultural productivity and alleviate the food crisis. 

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]]> https://nairametrics.com/2024/08/04/hunger-protest-we-have-ordered-billion-naira-farming-equipment-from-us-brazil-tinubu-tells-nigerians/feed/ 0 495165 Nationwide Protest: Civil Defence Corps condemns attacks on security forces   https://nairametrics.com/2024/08/02/nationwide-protest-civil-defence-corps-condemns-attacks-on-security-forces/ https://nairametrics.com/2024/08/02/nationwide-protest-civil-defence-corps-condemns-attacks-on-security-forces/#respond Fri, 02 Aug 2024 14:47:31 +0000 https://nairametrics.com/?p=495096 The Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Audi, has   condemned over the spate of attacks on security personnel amid ongoing nationwide protests.  

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]]> https://nairametrics.com/2024/08/02/nationwide-protest-civil-defence-corps-condemns-attacks-on-security-forces/feed/ 0 495096 Echoes of dissent: A decade of Nigerian protests and their economic consequences  https://nairametrics.com/2024/08/02/echoes-of-dissent-a-decade-of-nigerian-protests-and-their-economic-consequences/ https://nairametrics.com/2024/08/02/echoes-of-dissent-a-decade-of-nigerian-protests-and-their-economic-consequences/#respond Fri, 02 Aug 2024 05:58:52 +0000 https://nairametrics.com/?p=495047 Protest actions in Nigeria from 2015 to the present have played a significant role in the country's socio-political landscape, highlighting the citizens' reactions to various government policies and national issues. 

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]]> https://nairametrics.com/2024/08/02/echoes-of-dissent-a-decade-of-nigerian-protests-and-their-economic-consequences/feed/ 0 495047 Sanwo-Olu distances self from IgboMustGo protest call in Lagos, orders thorough probe  https://nairametrics.com/2024/08/02/sanwo-olu-distances-self-from-igbomustgo-protest-call-in-lagos-orders-thorough-probe/ https://nairametrics.com/2024/08/02/sanwo-olu-distances-self-from-igbomustgo-protest-call-in-lagos-orders-thorough-probe/#respond Fri, 02 Aug 2024 05:34:33 +0000 https://nairametrics.com/?p=495043 The Lagos State governor, Babajide Sanwo-Olu, has denied any involvement with individuals and handles promoting the hashtag #IgboMustGo on Twitter (now X), which calls for the evacuation of people from the Southeast from the State. 

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]]> https://nairametrics.com/2024/08/02/sanwo-olu-distances-self-from-igbomustgo-protest-call-in-lagos-orders-thorough-probe/feed/ 0 495043 Fire destroys Lagos Plank Market with property worth millions  https://nairametrics.com/2024/08/01/fire-destroys-lagos-plank-market-with-property-worth-millions/ https://nairametrics.com/2024/08/01/fire-destroys-lagos-plank-market-with-property-worth-millions/#respond Thu, 01 Aug 2024 17:11:31 +0000 https://nairametrics.com/?p=495017 On the early morning of August 1, 2024, a fire broke out at the Ladipo Baale Roundabout Plank Market in Orile-Iganmu, Lagos, razing property worth millions of naira.

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]]> https://nairametrics.com/2024/08/01/fire-destroys-lagos-plank-market-with-property-worth-millions/feed/ 0 495017 Nigeria’s Anthony Chiejina and others featured in ‘2024 world most influential communications executives’ https://nairametrics.com/2024/08/01/nigerias-anthony-chiejina-and-others-featured-in-2024-world-most-influential-communications-executives/ https://nairametrics.com/2024/08/01/nigerias-anthony-chiejina-and-others-featured-in-2024-world-most-influential-communications-executives/#respond Thu, 01 Aug 2024 08:47:37 +0000 https://nairametrics.com/?p=494937 Global PR firm Provoke Media has recognized Anthony Chiejina, Group Head of Corporate Communications at Dangote Group, as one of the “100 most influential communications and marketing executives in the world for 2024.”

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]]> https://nairametrics.com/2024/08/01/nigerias-anthony-chiejina-and-others-featured-in-2024-world-most-influential-communications-executives/feed/ 0 494937 Interior Minister orders probe into $300 fast-track passport fee allegations at Nigerian Embassy in London  https://nairametrics.com/2024/08/01/interior-minister-orders-probe-into-300-fast-track-passport-fee-allegations-at-nigerian-embassy-in-london/ https://nairametrics.com/2024/08/01/interior-minister-orders-probe-into-300-fast-track-passport-fee-allegations-at-nigerian-embassy-in-london/#respond Thu, 01 Aug 2024 06:27:33 +0000 https://nairametrics.com/?p=494928 Minister of Interior, Olubunmi Tunji-Ojo, has responded to mounting complaints from Nigerians in London regarding allegations of an additional $300 fee for expedited passport services at the Nigerian Embassy by announcing an immediate investigation into the matter. 

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]]> https://nairametrics.com/2024/08/01/interior-minister-orders-probe-into-300-fast-track-passport-fee-allegations-at-nigerian-embassy-in-london/feed/ 0 494928 New PenCom DG assumes office amid controversy over appointment  https://nairametrics.com/2024/07/31/new-pencom-dg-assumes-office-amid-controversy-over-appointment/ https://nairametrics.com/2024/07/31/new-pencom-dg-assumes-office-amid-controversy-over-appointment/#respond Wed, 31 Jul 2024 17:40:22 +0000 https://nairametrics.com/?p=494915 The National Pension Commission (PenCom) has announced the assumption of office by Omolola Oloworaran as the new Acting Director-General. 

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]]> https://nairametrics.com/2024/07/31/new-pencom-dg-assumes-office-amid-controversy-over-appointment/feed/ 0 494915 Nigeria Customs records 127% increase in revenue in first half of 2024, despite drop in cargo throughput  https://nairametrics.com/2024/07/29/nigeria-customs-records-127-increase-in-revenue-in-first-half-of-2024-despite-drop-in-cargo-throughput/ https://nairametrics.com/2024/07/29/nigeria-customs-records-127-increase-in-revenue-in-first-half-of-2024-despite-drop-in-cargo-throughput/#respond Mon, 29 Jul 2024 19:18:52 +0000 https://nairametrics.com/?p=494735 The Nigeria Customs Service (NCS) in the first half of 2024 generated N2.74 trillion in revenues.

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]]> https://nairametrics.com/2024/07/29/nigeria-customs-records-127-increase-in-revenue-in-first-half-of-2024-despite-drop-in-cargo-throughput/feed/ 0 494735 President Tinubu signs N70,000 new minimum wage into law  https://nairametrics.com/2024/07/29/president-tinubu-signs-n70000-new-minimum-wage-into-law/ https://nairametrics.com/2024/07/29/president-tinubu-signs-n70000-new-minimum-wage-into-law/#respond Mon, 29 Jul 2024 14:02:21 +0000 https://nairametrics.com/?p=494698 President Bola Tinubu has signed the new N70,000 national minimum wage into law.  

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]]> https://nairametrics.com/2024/07/29/president-tinubu-signs-n70000-new-minimum-wage-into-law/feed/ 0 494698 Nigerian Meteorological Agency predicts heavy rainfall in major cities across the country   https://nairametrics.com/2024/07/29/nigerian-meteorological-agency-predicts-heavy-rainfall-in-major-cities-across-the-country/ https://nairametrics.com/2024/07/29/nigerian-meteorological-agency-predicts-heavy-rainfall-in-major-cities-across-the-country/#respond Mon, 29 Jul 2024 08:49:07 +0000 https://nairametrics.com/?p=494648 The Nigerian Meteorological Agency (NiMet) has forecasted a series of thundery and rainy weather conditions across the country from Monday to Wednesday.  

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]]> https://nairametrics.com/2024/07/29/nigerian-meteorological-agency-predicts-heavy-rainfall-in-major-cities-across-the-country/feed/ 0 494648