Recapitalisation: Labour Ministry charges banks to protect workers
By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
NNPC increases fuel supply to 80m litres daily
The Nigerian National Petroleum Corporation, NNPC, Thursday, disclosed that it has more than doubled the supply of Premium Motor Spirit, PMS, also known as petrol, across the country from about 30 million litres to 80 million litres per day.
Getting business loans from the banks (3)
We are now on the third portion of this series on MSMEs’ getting business loans from banks in which we have focused on the offers from Stanbic IBTC Bank. We have discussed just one offer which is what they call SME Overdraft.
Price of cooking gas jumps by 21% in November
The average price of Liquefied Petroleum Gas (Cooking Gas) rose by 21.16 percent, year-on-year in November.
NNPC to build 4,600mw power plants in Abuja, Kaduna, Kano
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it is partnering with private investors to build power generating plants with combined capacity of 4,600 megawatts, MW, power plants in Abuja, Kaduna and Kano states.
GE trains 141 Nigerian entrepreneurs on advanced manufacturing skills
GENERAL Electric Nigeria says it has successfully trained 141 Nigerian entrepreneurs on advanced manufacturing and business development skills.
