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Category: Business

Irish pub forced to shutter as California crime wa...

A pub in Oakland, California, announced it will permanently shutter its doors at the end of October due to rising crime and operat...

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FG plans to build 34,500 houses nationwide to addr...

Federal government has disclosed its plans to build 34,500 houses across the country in a move aimed at addressing the housing sho...

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YTD 30th September 2023 unaudited report: Unilever...

Unilever Nigeria Plc released its unaudited interim report for the nine-month period ended 30th September 2023. The post YTD 30th ...

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Leading by example: Tony Elumelu’s leadership prin...

I was fortunate to work with Chief Ebitimi Banigo, at the start of my career.  My leadership philosophy was built working with him...

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Africa’s first black billionaire: Patrice Motsepe ...

Patrice Motsepe has seen a significant decline in his net worth, losing a staggering $1.1 billion due to the performance of his bu...

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BREAKING: Tinubu confirms appointment of Adeniyi a...

President Bola Tinubu has approved the confirmation of the appointment of Adewale Adeniyi as the Comptroller-General (CG) of the N...

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Mississippi introduces new lease to increase oyste...

Oyster farmers along the Gulf Coast are finding it tough to keep up with the nationwide demand and Mississippi is launching a prog...

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Small businesses endangered by massive tax hike. H...

The Small Business Deduction is expiring and that's a big expense for companies that can't afford it. The cuts gave small business...

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Layoffs begin in the film industry, as Hollywood s...

Concerns over unregulated AI use and impacts on actors' pay in the new streaming landscape drive ongoing negotiations between labo...

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Restaurants slap diners with charges for everythin...

About one in six restaurants is adding surcharges to checks in an attempt to offset high costs, but the charges have raised the ir...

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Oakland business owners make unusual choice on cas...

Several Oakland businesses have moved away from accepting cash as some areas of the city battles burglary numbers that have nearly...

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The Mix Plaza: A new food court shakes up Ikeja, G...

The Mix Plaza, a brand-new food court, has opened its doors at the prestigious address of 32, Joel Ogunnaike Street, Ikeja GRA. Th...

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FG plans to dredge the Rivers Niger and Benue

Prof. Joseph Utsev, at the weekend, disclosed that the Federal Government was planning to resume the dredging of Rivers Niger and ...

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We are working on a 3-year revival plan for Ajaoku...

Prince Shuaibu Abubakar Audu, Nigeria's Minister for Steel Development has said that the ministry is working on a 3-year revival p...

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Recycling will stop strain on critical mineral sup...

The International Energy Agency (IEA) has said that recycling will put a stop to the strain on critical minerals supply in the glo...

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Biafra now ready for referendum talks with FG – IP...

The Indigenous People of Biafra has expressed its readiness to engage in negotiations with the Federal Government for the peaceful...

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How ‘Omo-Onile’ menace in Lagos, Ogun is worsening...

Despite the subsisting legislation known as Lagos Property Protection Law enacted by the Governor Akinwunmi Ambode administration ...

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BusinessDay 08 Oct 2023

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FRSC seeks permission to bear arms to protect pers...

The Federal Road Safety Corps (FRSC) says there is a need for its personnel to bear firearms in discharging their read more FRSC s...

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Why I feel sorry for these countries jubilating ov...

The Catholic Bishop of Sokoto Diocese, Mathew Hassan Kukah has warned against the call for a military coup in some read more Why I...

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Insecurity still a nightmare despite Tinubu’s assu...

In October 2022, during his presidential campaign, President Bola Tinubu in an interactive session organised by a joint committee ...

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Nigeria has highest maternal mortality rate global...

Prof Abosede Afolabi, has therefore revealed plans to launch a month-long campaign starting in Lagos called the '#WeMenForHer Move...

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Lagos Govt to begin construction of $100m African ...

Lagos State Governor, Babajide Sanwo-Olu on Thursday disclosed that the groundbreaking of the proposed $100m African Film City pro...

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World Bank forecasts partial oil production recove...

The World Bank has projected that Nigeria’s crude oil production will recover between 2024 and 2025, however, the Bank also says t...

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Pensioners laud President Tinubu over N25,000 wage...

NUP expressed appreciation for President Tinubu's approval of a N25,000 wage award as a palliative measure for pensioners in the c...

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Billionaire Mohammed Al Amoudi worth $5.2 Billion,...

Mohammed Al-Amoudi worth $5.2 billion, has shown consideration to selling subsidiary, Preem AB, Sweden's largest fuel company. The...

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Fuel scarcity looms as landing cost of petrol hits...

Many petroleum product depots are currently deserted due to a lack of supplies caused by currency volatility, as the landing read ...

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INEC to transmit results of Bayelsa guber poll man...

The Independent National Electoral Commission (INEC) says it plans to transmit results of the November 11 Bayelsa governorship ele...

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PenCom, OPS to strengthen collaboration on pension

The National Pension Commission (PenCom) and the Organised Private Sector of Nigeria (OPS) are to further strengthen collaboration...

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Collect App: Automating payments for business

On average, businesses make 40-50 vendor payments monthly. These payments, done by finance managers or accountants, are made manua...

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Air Peace records 98% schedule reliability with 2,...

Air Peace, West and Central Africa’s largest airline, has disclosed that it scheduled 2,566 flights out of which 2,522 were read m...

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President Tinubu increases wage award for low-grad...

President Tinubu has on Independence Day increased the wage for low-grade workers by N25,000 for the next six months as part of me...

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FG opens applications for tech startup accelerator...

The federal government through the National Information Technology Development Agency (NITDA) has opened applications for a tech s...

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Ogun: Tribunal upholds Governor Dapo Abiodun’s vic...

The Ogun State Governorship Election Petition Tribunal convened in Abeokuta has affirmed the victory of Governor Dapo Abiodun, rep...

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FULL TEXT: President Bola Tinubu’s Independence Da...

Making the economy more robust by lowering transport costs will be key. In this regard, we have opened a new chapter in public tra...

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Special report on past CBN activities will be read...

President Bola Tinubu announced on Sunday morning that the Special Investigator's report on previous activities within the Central...

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NIMET warns of 48-hour heavy rainfall across 24 st...

NIMET has issued a notice to residents in various states, including the Federal Capital Territory, Edo, Kwara, and 22 other states...

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LPG marketers beg FG to address rising gas price

LPG marketers have appealed to the Federal Government to tackle the surging increase in gas prices. The post LPG marketers beg FG ...

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Independence Day: FG Declares Monday October 2 pub...

The Federal Government has declared Monday, October 2 as a public holiday in commemoration of the 63rd independence celebration. T...

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National Assembly budget stagnant for 13 years – S...

Tajudeen Abbas, the Speaker of the House of Representatives, has revealed that the National Assembly's annual budget has remained ...

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Yaccarino says ‘X’ to become profitable in 2024 as...

The Chief Executive Officer of X, Linda Yaccarino is confident that the company will become profitable in early 2024. The post Yac...

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Inside Afreximbank-NNPC $3 billion phantom loan

The Nigerian National Petroleum Company Limited (NNPC) may have misrepresented its intentions for the $3 billion financing to Afri...

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Osimhen snubs teammates after Napoli TikTok jab

Napoli forward Victor Osimhen has been spotted in a video arriving at the team’s hotel and snubbing some teammates while read more...

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How to fund Africa’s dying journalism

Before the COVID-19 pandemic which pummeled the economies of many nations, there were over 10,000 print journalists in South Afric...

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Business moves to check plethora of fire incidents...

Worried over 2,056 fire incidents and N1trn losses recorded in 2022, Surveillant Fire Limited, a fire protection and security syst...

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Firm addresses talent gap concerns in multi-billio...

In a bid to check talent gap in the multi-billion real estate industry and ensure quality and good maintenance of read more Firm a...

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Manufacturing sector records 3,567 job losses in f...

The Manufacturers Association of Nigeria has revealed that a total of 3,567 jobs were lost in the sector in the first six months o...

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Africa Prudential appoints Festus Izevbizua as new...

Africa Prudential Plc has announced the appointment of Festus Izevbizua. The post Africa Prudential appoints Festus Izevbizua as n...

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BPSR announces NIMASA as best Federal Government A...

The Bureau of Public Service Reforms, BPSR, has declared the Nigerian Maritime Administration and Safety Agency (NIMASA) as the be...

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Rising unemployment: CPPE stresses need to stem th...

CPPE have called for urgent steps to stem the tide of deindustrialization to curb the growing unemployment and the increasing impo...

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Union leader petitions Aviation Minister over mism...

The management of Aero Contractors, one of the two indigenous airlines under the receivership of Asset Management Corporation of N...

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E-Commerce Shipping Solutions Comparison: Ultimate...

In e-commerce, shipping is not merely a logistical process but a vital customer experience component. Whether you’re a small onlin...

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Top 10 Innovative Retail Technology Trends 2023 an...

Have you wondered what the future of retail stores will look like? What will it be like? Will you be served by robotics and get yo...

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Social Media Advertising ROI Case Study 

In digital marketing, where the competition for consumers’ attention is fiercer than ever, businesses are continuously seeking way...

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Top 10 Local SEO Strategies For Small Businesses (...

With consumers increasingly turning to search engines to find local products and services, the ability to appear prominently in lo...

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Nigerian startup, Fixit45, raises $1.9 million in ...

Autotech startup, Fixit45, has raised $1.9 million in equity and working capital targeted at expanding its operations to East Afri...

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Creditors prepare to auction Kenyan billionaire Pe...

Peter Munga is in a dire situation as creditors move to auction his properties to recoup outstanding debts. The post Creditors pre...

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Nairametrics to host webinar on economic recap of ...

Nairametrics is hosting a webinar on economic insights with a focus on a recap of the Tinubu Administration’s first 100 days in of...

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Rwanda’s Paul Kagame to run for 4th term as Presid...

President Paul Kagame of Rwanda will run for a fourth term during the East African country’s elections in 2024. The post Rwanda’s ...

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BREAKING: Exchange rate crashes to N983/$1 as fore...

The exchange rate between the naira and the dollar plunged to a record low N983/$1 at the black market based on quotes received by...

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Top 11 Content Marketing Tips for Niche Markets 

Content marketing has emerged as a beacon of strategic brilliance in the ever-expanding digital landscape, where information is ab...

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NCC announces change in fixed lines numbering form...

The Nigerian Communications Commission (NCC), has announced a new numbering format for fixed lines in Nigeria.  The post NCC annou...

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Youths upskilled in fashion, film, PR, others as J...

Defying the heavy rains last Saturday, hundreds of Nigerian youths gathered at the 2023 Creative Industry Career Fair organised by...

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Profile of Dr. Jumoke Oduwole, newly appointed SA ...

President Tinubu has again hit the ground running with the appointment of 18 Special Advisers and Senior Special Assistants to hel...

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Beyond revaluation gains: GTCO Plc’s half-year per...

Some optimism returned to the Nigerian financial services industry and indeed the equities market in recent weeks with banks and f...

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Zuckerbeg’s Meta extends paid verification badges ...

Mark Zuckerberg, is extending the availability of paid verification badges to business accounts. The post Zuckerbeg’s Meta extends...

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Tinubu appoints Peter Obi’s running mate brother, ...

President Bola Tinubu has approved the appointment of Dr Hakeem Baba-Ahmed, the elder brother of the running mate to the Labour Pa...

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NEITI exposes staggering $8.264 billion unsettled ...

In a revelation of paramount significance, the Nigerian Extractives Industries Transparency Initiative (NEITI) announced that the ...

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Why Nigeria needs to regulate the crypto industry ...

The Digital Currency Coalition (DCC), a consortium of crypto asset practitioners, blockchain innovators, and founders, has emphasi...

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Inflation: CBN should pause interest rate hikes – ...

The Central Bank of Nigeria should pause interest rate hikes to relieve the pressures on the supply side affecting inflation. The ...

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Irish board launches €1 Million spirits campaign i...

Bord Bia, the Irish Food Board in charge of promoting Irish food and drinks, has officially launched its Spirit of Ireland drinks ...

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Latest 9 Retail Visual Merchandising Ideas 2023 

Visual merchandising is vital for attracting customers, creating memorable shopping experiences, and increasing sales. To create a...

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RMAFC Chairman says less than 40 million Nigerians...

Muhammad Shehu, the Chairman of the RMAFC, has said that less than 40 million Nigerians are currently included in the tax system a...

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MMIA gets new surveillance system to boost securit...

The Federal Airports Authority of Nigeria (FAAN) has gotten a brand new mobile surveillance system for the Murtala Muhammad Intern...

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UNGA 78: Bosun Tijani unveils Nigeria’s tech agend...

The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has said that Nigeria will be seeking partnerships ...

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FG to construct super-highways connecting Abuja an...

The Federal Government of Nigeria has disclosed plans to construct two expansive super-highways via a PPP initiative. The post FG ...

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Yemi Cardoso: What 5 top economists think about hi...

President Bola Tinubu's nomination of Dr. Olayemi Michael Cardoso as the potential new governor of the Central Bank of Nigeria (CB...

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Tinubu nominates Jamila Bio Ibrahim as Minister of...

The President has nominated Jamila Bio Ibrahim as Minister for Youth and Ayodele Olawande as Minister of State for Youth. These no...

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RMAFC ditches manual calculation, deploys software...

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said it has developed software to enhance transparency in revenu...

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Emefiele resigned as CBN Governor clearing legal h...

There are reports that the suspended Governor of the apex bank, Godwin Emefiele, had resigned from his position last month paving ...

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SERAP sues Tinubu over failure to stop Wike, Umahi...

SERAP has filed a lawsuit against President Bola Tinubu over “the failure to stop the former governors who are now serving as mini...

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CBN Act allows President to remove CBN Deputy Gove...

Amidst the unfolding drama surrounding the resignation of Central Bank Governor Godwin Emefiele, a recent dive into the CBN Act re...

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NASENI, REA to light up rural areas with renewable...

NASENI and the Rural Electrification Agency (REA) have agreed to work together to deploy NASENI Solar resources and other renewabl...

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Atiku, Obi responsible for Tinubu’s victory – Soyi...

Nobel Laureate, Prof. Wole Soyinka, has spoken yet again at the recently concluded presidential election.   The post Atiku, Obi re...

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NGX Group’s Director, Mohammed Garuba purchases N2...

Mohammed Garuba, Non-Executive Director of Nigerian Exchange Group Plc has acquired 10,000,000 units of shares in the company wort...

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Nigerian airlines operating in challenging environ...

Captain Musa Nuhu, the Director General of the Nigeria Civil Aviation Authority (NCAA), has highlighted the hurdles faced by Niger...

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How we recovered N319 billion unremitted revenue f...

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said it has recovered the sum of N319 billion in unremitted mone...

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Email Marketing Best Practices for Small Businesse...

Email marketing is a highly effective tool for small businesses to connect with customers, build relationships, and drive sales. A...

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Restaurant Menu Design Ideas – Ultimate Guide and ...

Designing a restaurant menu is a creative process that involves more than just listing dishes and prices. It’s an opportunity to s...

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15 Best Startup Funding Options for Women Entrepre...

A Gusto study stated that 49% of entrepreneurs in 2021 were women, an increase from 28% in 2019. Despite this improvement, only 2%...

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Small Business Website Security Checklist – 10 Bes...

In this digital, your small business must have an online space to competitively you must compete in the marketplace, and this incl...

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12 Effective Customer Retention Strategies for Onl...

Customer retention is essential for the survival and success of online stores. Retaining existing customers is more affordable and...

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10 Best Digital Marketing Trends For Small Busines...

Digital marketing is a dynamic field that continually evolves at a fast pace. Recently, there has been an emphasis on personalizat...

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10 Potent Restaurant Marketing Ideas on a Budget 2...

The restaurant business has changed over the years. It has now become competitive, and you will need a solid marketing strategy to...

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Top Small Business Blogs to Follow

There is no official manual to run a small business successfully, but thanks to the online space and the internet, that constantly...

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Small Business Insurance Tips For 2023

There are about 30.7 million small businesses in the United States, and as an owner of one such small business, you should be full...

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5 Best Accounting Software for Freelancers in 2023

Are you looking for the best accounting software for freelancers to use? There are a lot of accounting software programs, but they...

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The Worth of Partnership in Business

Why own 100% of 10 dollar business when you can own 50% of a 1000 dollars business. Two friends, Isio and Bella both made & sold t...

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Why Do So Many Startups Fail?

Back in 2012, I was participating in a competition of young startups and entrepreneurs who were presenting their ideas before a pa...

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Setting up a Bread Bakery Business – What You Shou...

Bread is by far one of the most popular foods in most part of the world. It is widely consumed across the continents by almost all...

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