Business

Over six hundred shops belonging to Nigerian traders in Ghana had been re-opened to business by the Ghanaian government said the President, National Association of Nigerian Traders (NANTS), Dr Ken Ukaoha.

South Sudan’s central bank said it cut its benchmark interest rate to 10% from 13%, as part of efforts to mitigate the effects of the coronavirus outbreak on the economy.

Former Police Public Relations Officer of Lagos, CSP, Dolapo Opeyemi Badmus has enlightened Nigerians on easy ways to identify a fraudster to avoid falling victim of their scams.

The Secretary to the Government of the Federation (SGF), Boss Mustapha, has said that it is worrisome that some Christians exhibit reckless confidence in the face of the ravaging COVID-19 pandemic.

Hundreds of commercial motorcyclists, popularly known as ‘Okada,’ on Thursday marched through the streets of Ikorodu, Lagos State, protesting against incessant arrest, extortion and seizure of their motorcycles by the police.

The Corporate Affairs Commission says certificates of registration of business and non-business entities will be issued with Tax Identification Numbers.

Struggling petrochemicals producer Sasol has appointed advisers to sell its stakes in a power plant in Mozambique and a gas pipeline running from the country into South Africa, two sources familiar with the matter told Reuters.

“The State of California has now indicated that it will not issue theme park reopening guidelines until sometime after July 4. Given the time required for us to bring thousands of cast members back to work and restart our business, we have no choice but to delay the reopening of our theme parks and resort hotels until we receive approval from government officials. Once we have a clearer understanding of when guidelines will be released, we expect to be able to communicate a reopening date,” Disney said in a statement.

German business confidence on Monday gained more than forecast as expectations of an economic rebound in the wake of strict coronavirus restrictions grew.

Olympus has announced plans to get out of the camera business entirely, selling off its imaging division to an investment fund. Japan Industrial Partners, the company that bought the VAIO computer business from Sony, has signed a memorandum of understanding that will see Olympus spin out the division and transfer all of its shares.

Former Eagles coach Austin Eguavoen has suggested a solution to the current financial woes being experienced by a number of the Nigerian Professional football clubs.

Traders in Cross River under the auspices of Calabar Traders Union have shut markets and shops in Calabar metropolis to protest the spate of kidnapping in the state.

The Rivers State Government has expressed deep worry that the state could gradually become the next epicentre of the coronavirus (COVID-19) with a rising number of positive cases of the pandemic.

Finland will create more than 10,000 additional study places in higher education institutions between 2020 and 2022, to respond to the shortage of professionals in various fields and regions, as well as to offset the economic damage caused by the COVID-19 pandemic, said the Finnish Ministry of Education and Culture in a press release on Thursday.

Minister of the Federal Capital Territory (FCT), Mohammed Bello, has announced that rapper Azeez Fashola who is popularly known as Naira Marley, and some members of his team, will have their days in court.

Nigeria’s Minister of Aviation, Hadi Sirika, has denied asking or receiving a bribe to approve flights.

In a bid to boost food sufficiency and reduce unemployment, the Federal Government, has announced plans to inject over 77,400 young farmers into agriculture business under a scheme called Buhari Young Farmers Network.

A group of concerned Nigerians, Council of Nigerian Citizens in China, CNCC, has said the Federal Government is not serious about complaints of maltreatment of Nigerians in China.