Some business terms can be a little bit confusing but if you take a step back and really look at it, it is not so confusing after all. Stocks, Shares and Dividends can be some of those terms that may fall in this category, particularly if you are not in […]
Business
The Katsina State Government says it has disbursed N2billion as loan to 90,677 traders and small business owners in the state to boost economic activities. Alhaji Abdulkadir Mohammed-Nasir, the Special Adviser to Gov. Aminu Masari on Economic Empowerment made this known, while briefing newsmen on the achievements recorded by the […]
“Insolvency” and “bankruptcy” are two words people often mix up, thinking they are the same. These two words are quite common in the financial world. Insolvency is a state where a person or organization is unable to take care of its debt. In other words, it’s a situation where a […]
Just as it unveiled plans to celebrate the two years of Fayemi’s government, the Ekiti State Government on Thursday expressed delight that the Ikun Dairy Farms in the state now produces milk. The farm was first reported in July to have resumed production of milk after 40 years of its […]
Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) has said the fuel subsidy had grown into a huge financial burden on the nation’s treasury over the years, thus the need for its removal by the Federal Government led by President Muhammadu Buhari. According to him, […]
Labour unions in the oil and gas sector have alleged that Chevron Nigeria Limited management on Independence Day notified about 2,000 of its employees that their services were no longer required. The unions leaders have directed their members in Chevron Nigeria Limited to commence a total shut down of the […]
The Steering committee of the Survival Fund and Guarantee Off-take on Thursday inaugurated the Artisan and Transport sector Track of the Survival Fund Scheme. The scheme will see 333,000 Micro, Small and Medium Enterprises (MSMEs) in the country being given N30,000 support. Mrs Ibukun Awosika, a member of the Steering […]
Ikeja Electric (IE) says it has fully complied with the order from the Nigerian Electricity Regulatory Commission (NERC) to suspend the new Service Reflective Tariff (SRT) for the next two weeks. The electricity distribution company confirmed the development in a public notice to its customers posted on its official Twitter […]
Kaduna Electric has begun implementation of the old electricity tariff as at Aug. 31st, 2020 as ordered by the Nigerian Electricity Regulatory Commission (NERC). The Head of Corporate Communication, Abdulazeez Abdullahi, made the disclosure on Thursday in Kaduna. Abdullahi said that the reversal to the old tariff regime was sequel […]
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 tariff increase for 14 days. The commission’s suspension directive of the Multi Year Tariff Order (MYTO) 2020 signed by Prof James Momoh, NERC’s Chairman, was released on its web site on […]
