Dangote Oil Refining Company says its plant is awaiting the second shipment of barrels of crude in three weeks after it received its maiden one million barrels on Friday. The company, in a statement, said the STASCO vessel sailed to the refinery’s single-point mooring, where it was discharged into the …
Read More »Subsidy: FG to disburse grants to SMEs
The Federal Government says it will soon commence disbursement of funds under its Presidential Palliative Programme, targeted at alleviating the impact of the fuel subsidy removal. A statement on Sunday by the Minister for Industry, Trade and Investment, Dr Doris Uzoka-Anite, said the programmes consisted of the Presidential Conditional Grant …
Read More »CAC and SMEDAN Partner to Catalyse SME Growth and Create 10000 Jobs
The Corporate Affairs Commission (CAC) is making arrangements to partner with the small and mediumEnterprises DevelopmentAgency of Nigeria (SMEDAN) to create 10,000 jobs, amongst others. This was revealed during a meeting between the Registrar-General of the CAC, Hussaini Ishaq Magaji, SAN, and the Director General, SMEDAN, Mr. Charles Odii. The …
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AG Abubakar, Esq.; A Thank You Note By Sylvester Udemezue
Fellow Nigerians, we all know the Herculean hurdles one had to go through to get a company registered in Nigeria. The experience was harrowing. Remembering it is saddening. But A.G. ABUBAKAR, ESQ took over at the CAC and transformed the institution and pulled it away from the doldrums of archaism, …
Read More »FG To Launch Conditional Cash Transfer To 15m Households October 17th – Betta Edu
The Minister of Humanitarian Affairs and Poverty Alleviation Betta Edu says the Federal Government will launch the conditional cash transfer policy for 15 million households on October 17th, 2023. She spoke when she was featured on Channels Television’s Sunday Politics months after the Federal Government stopped the payment of subsidies …
Read More »FG To Restart TradeMoni Scheme November, Earmarks N50,000 Per Beneficiary
The Federal Government will restart the Tradermoni scheme in November with each beneficiary getting N50,000 to support their business. While the interest-free loan scheme for traders – started in 2018 – has been on hold for some time, the Minister of Humanitarian Affairs and Poverty Alleviation Mrs Betta Edu said …
Read More »Senate To Give New Minimum Wage Bill Expeditious Consideration
The Senate Friday declared that it would give the expected new minimum wage bill from the executive arm of government, expeditious consideration for improved welfare of workers and industrial harmony in the country. Senate’s plan for expeditious consideration of the bill when received was disclosed in a statement issued by …
Read More »Cross River and Otu’s Oil Palm revolution – By Michael Jegede
When Senator (Prince) Bassey Edet Otu was sworn in on May 29, 2023 as the governor of Cross River State, he made a very strong vow to build the state’s economy on Agriculture. One of the commodities which he said would be of great priority in his determination to escalate …
Read More »Meta to lay off employees in metaverse silicon unit on Wednesday
META O is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on Tuesday. Employees were informed of the layoffs in a post on Meta’s internal discussion forum Workplace on …
Read More »NLC, TUC Suspend Planned Strike For 30 Days As N35,000 Pay Rise Begins September
Organised labour unions have suspended their planned nationwide indefinite strike action for the next one month. This was contained in a memorandum of understanding signed Monday by the NLC President, Joe Ajaero, and General Secretary, Emmanuel Ugboaja; as well as the TUC President, Festus Osifo, and Secretary General, Nuhu Toro. …
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