April 14, 2021

Category: Business

Minister Blames EndSARS Protest, COVID-19 For Rising Cement Prices
Business, Newsbeat

Minister Blames EndSARS Protest, COVID-19 For Rising Cement Prices

The Federal Government says last year’s #ENDSARS protests and the COVID-19 pandemic which disrupted production flows were responsible for the skyrocketing of cement price in Nigeria. The Permanent Secretary of the Ministry of Industry, Trade and Investment, Nasir Sani-Gwarzo said this at an event in Abuja adding that the development affected the volume of stock […]

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Gunmen Kill Two Businessmen In Lagos
Business, Newsbeat

Gunmen Kill Two Businessmen In Lagos

Gunmen invaded Igbe-Lara community, in Igbogbo- Bayeku Local Council Development Area of Lagos State and shot dead two businessmen. It was gathered that the men were killed on Sunday, December 6, around 4pm when the gunmen numbering about 15 hoodlums, armed with sophisticated weapons stormed the Igbe-Lara bus stop and opened fire on people. One […]

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Buhari Reduces Petrol Price By N5
Business, Newsbeat

Buhari Reduces Petrol Price By N5

The Federal Government has agreed to slash the pump price of Premium Motor Spirit, PMS, known as petrol, by N5 from Monday next week. Chris Ngige, Buhari’s Minister of Labour and Employment, disclosed this while addressing journalists at the end of a closed door meeting with the organised labour on Tuesday in Abuja. The News […]

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FG reduces fuel price to N162.44 per litre
Business, Newsbeat

FG reduces fuel price to N162.44 per litre

The Federal Government on Tuesday December 8, announced a reduction in the pump price of petrol from N168 to N162.44 per litre.  Minister of Labour and Employment, Dr Chris Ngige who made the announcement at the end of a meeting with labour leaders, said the new pump price will be effective from December 14. A technical committee has been […]

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I meet Buhari from time to time. Nothing suggests he is incapable of delivering on the responsibilities of his office- Gov Fayemi
Business, Politics

I meet Buhari from time to time. Nothing suggests he is incapable of delivering on the responsibilities of his office- Gov Fayemi

Ekiti state governor and chairman of the Nigeria Governors Forum, Kayode Fayemi, has dismissed claims that President Buhari is incompetent to remain in office as President of Nigeria. Following the deplorable state of security across the country, the PDP caucus in the House of Representatives and some Nigerians have said the President is incompetent to discharge […]

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Lagos orders removal of unapproved street gates
Business, Newsbeat

Lagos orders removal of unapproved street gates

In a bid to improve the free flow of traffic across the metropolis, the Lagos State Government has issued a seven-day removal notice to communities with unapproved street gates in the state. The Commissioner for Transportation, Dr Frederic Oladeinde, who issued the notice on Friday, said this is with a directive to either leave such […]

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Pension contributors withdraw N14.79bn as job losses rise
Business, Newsbeat

Pension contributors withdraw N14.79bn as job losses rise

About 26,458 workers who lost their jobs since the COVID-19 pandemic started taking its toll on the economy withdrew N14.79bn from their Retirement Savings Accounts in 10 months, NIKE POPOOLA reports Records from the National Pension Commission have revealed that more job losers have continued to approach their Pension Funds Administrators to access parts of the funds […]

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