Business

FCT employers furlough staff as Covid-19 rages

Private sector employers in Abuja are furloughing staff in compliance with the stay-at-home order of the Federal Capital Territory Administration, FCTA, and adjoining states of Nasarawa and Niger, as measures to curb the spread of COVID-19.

FCTA had issued a stay-at-home order and immediate clo [...]

Sun, 29 March 2020


…CBN partners private sector

The Central Bank of Nigeria, CBN, has brought together a coalition of stakeholders in the private sector to drive efforts on the fight against COVID-19.

CBN Governor, Godwin Emefiele, in a statement, said the stakeholders would provide support to the Federal Government in procuring equipment an [...]

Sun, 29 March 2020


Covid-19: oil companies donate N11bn to quell pandemic

As part of efforts to combat the Covid-19 pandemic, oil companies have donated N11 billion to Nigeria’s Centre for Disease Control, NCDC.

Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, said the companies which include: international oil co [...]

Sun, 29 March 2020


Nigeria’s inflation rises by 12.20%

Nigeria’s inflation rose by 12.20 per cent in February 2020, from 12.13 per cent it recorded in January.

A Consumer Price Index, CPI, report, released by the National Bureau of Statistics, NBS, said inflation rose by 0.07 per cent points higher than the rate recorded in January 2020, 12.1 [...]

Mon, 23 March 2020


Nigeria’s inflation rises by 12.20%

Nigeria’s inflation rose by 12.20 per cent in February 2020, from 12.13 per cent it recorded in January.

A Consumer Price Index, CPI, report, released by the National Bureau of Statistics, NBS, said inflation rose by 0.07 per cent points higher than the rate recorded in January 2020, 12.1 [...]

Mon, 23 March 2020


FG mulls rapid industrialization, supports SON, others

The Ministry of Industry, Trade and Investment has expressed commitment towards providing necessary support to the Standards Organisation of Nigeria, SON, and other agencies under its supervision to achieve rapid industrialization and accelerated growth of the nation's economy.

Permanent Se [...]

Mon, 23 March 2020


FG mulls rapid industrialization, supports SON, others

The Ministry of Industry, Trade and Investment has expressed commitment towards providing necessary support to the Standards Organisation of Nigeria, SON, and other agencies under its supervision to achieve rapid industrialization and accelerated growth of the nation's economy.

Permanent Se [...]

Mon, 23 March 2020


Siemens restates commitment to local content

As equipment manufacturer, Siemens Nigeria, kicks off its pilot phase of training for select Nigerian graduates on engineering and field service operations, the company has restated its commitment to promote Nigeria’s local content.

Head, Human Resources, Siemens Nigeria, Ayobami Abunsang [...]

Mon, 23 March 2020


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