Category: Business

Council of State wants old, new naira notes to coexists

By Wizzy

In Business

On 10th February 2023

The Council of State meeting, presided over by President Muhammadu Buhari has thrown its weight behind the new naira note policy but with a caveat that the Central Bank of Nigeria makes the new and old notes coexists. Briefing state house journalists after the meeting, Governors of Lagos, Babajide Sanwo – Olu, Dirius Ishaku of […]

Business

Nasarawa develops strategy to increase IGR, harness mineral deposits

By Wizzy

On 10th February 2023

In order to provide more dividends of democracy to the people, the Nasarawa State Government, has developed a new strategy to increase its Internally Generated Revenue (IGR) and harness the mineral re

Business

How e-commerce is providing opportunities for SMEs in Nigeria

By Wizzy

On 10th February 2023

Small and medium-sized enterprises (SMEs) are the backbone of any economy and play a critical role in driving sustainable growth. However, SMEs in Nigeria face many challenges that hinder their succes

‘Practitioners’ training, funding key to growth of entertainment industry’

By Wizzy

In Business

On 10th February 2023

Tobi Igbenoba-Onikoyi is a Nigerian actor who played the role of Silk in Africa Magic’s Tv series ‘Dilemma.’ Having graduated from the University of Cape Coast, Ghana with a B.A. in Theatre Studies, she has appeared in several stage productions such as ‘The Chibok Girls: Our story’ which was staged at the Ubumuntu Arts Festival […]

Business

Lagos PDP flays INEC’s plan to engage MC Oluomo on transportation of election materials

By Wizzy

On 10th February 2023

The Lagos State chapter of the Peoples Democratic Party (PDP) has said that the Independent National Electoral Commission (INEC) would be giving the ruling All Progressives Congress (APC) undue advant

Business

Mixed reactions trail NUC’s order to close varsities for 2023 polls

By Wizzy

On 10th February 2023

Nigerians have expressed mixed reactions over the National Universities Commission’s (NUC) directive that universities in the country be closed down to enable students to participate in the 2023

Manufacturers’ wage costs rise fastest in 11 months

By Wizzy

In Business

On 10th February 2023

Staff costs in the manufacturing sector rose at the fastest pace in 11 months in January 2023 as companies increased pay in line with higher living costs, according to the latest Purchasing Managers’ Index (PMI) by Stanbic IBTC Bank. PMI are economic indicators derived from monthly surveys of private-sector companies in the manufacturing and service […]

Business

Emigration of skilled tech talents creates new opportunities locally – Oyepeju

By Wizzy

On 10th February 2023

Wale Oyepeju, co-founder and chief technology officer at Vendease, an online marketplace for African food service businesses, in this interview with BusinessDay’s Bunmi Bailey, shares insight on

Business

Explainer: Naira crisis, does the Supreme Court have jurisdiction?

By Wizzy

On 10th February 2023

The Supreme Court on Wednesday ruled that the old 1000, 500 and 200 naira notes can still be used as legal tender in Nigeria. This is coming after an action was filed against the Federal Government by

Tinubu seeks blessings, endorsement of Sultan of Sokoto

By Wizzy

In Business

On 10th February 2023

Ahmed Bola Tinubu, the presidential candidate of the All Progressives Congress (APC), pleaded with Muhammadu Sa’ad Abubakar, the Sultan of the Sokoto Caliphate, on Thursday to support his ambition to become the next president of Nigeria. At the palace of the Sultan, Tinubu asked for his blessings and endorsement. “We want to win the election… […]

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