HomeBusiness

Business

W’Bank: FG Requests 18-month Extension for $800m Palliative Scheme 

W'Bank: FG Requests 18-month Extension for $800m Palliative Scheme  The Federal Government has requested that World Bank extend the disbursement period for the $800 million palliative loan by 18 months, from June 30, 2024, to December 31, 2025. About three million poor and vulnerable households have...

Sabi: Oyo Aggregation Project To Create Hundreds of Jobs 

A recent partnership between Sabi, a $1 billion GMV B2B e-commerce platform, and Nigerian agricultural companies Nectar Fresh Limited and Meadow Foods has been established alongside the support of the Nigerian government in order to address the ongoing supply chain and development challenges in Nigeria’s agricultural sector. 

Newspaper Vendors: Online Media Ruining Our Businesses

Newspaper Vendors: Online Media Ruining Our Businesses Enugu State newspaper vendors and sales representatives of some print media houses are lamenting that their businesses are at the edge due to the infiltration of online media. In separate interviews with the News Agency of Nigeria (NAN), on...

Kolawole: NLC, TUC Should Accept N62,000 As New Minimum Wage

Fatai Kolawole, a former permanent secretary based in Osun, is urging Nigeria's civil servants to accept the N62,000 new minimum wage offered by President Bola Tinubu’s government.

Bloomberg: Asian, Turkish Companies Are Replacing Western Multinationals

According to Bloomberg, several asian and local companies are stepping in to fill the void left by US and Europe-based multinationals exiting Nigeria.  

FG: $100bn Expansion Fund Created For Preserving Nigeria’s Cultural Heritage

Hannatu Musa-Musawa, the Minister of Arts, Culture and Creative Economy, has disclosed the creation of an $100bn economic expansion fund for the promotion and preservation of the cultural heritage of President Tinubu’s administration.