Business Archives - Freedom Square TV

Grangemouth Oil Refinery to Shut Down in 2025

Dangote Refinery Exceeds Local Fuel Needs, Set to Boost African Energy Market

Posted February 24, 2025 by FreedomsquareTv

Alhaji Aliko Dangote, President of the Dangote Group, revealed that the Dangote Petroleum Refinery, located in Lekki, Lagos State, currently holds over 500 million litres of petrol in its reservoir, with enough production to meet both local consumption and export demands. During a tour of the $20 billion facility, Dangote…

Kuda Technologies Faces Legal Battle Over Allegations of Workplace Discrimination and Wrongful Dismissal

Posted February 19, 2025 by Steven

Kuda Technologies, one of Africa’s leading digital banking platforms, is facing serious allegations of workplace discrimination, harassment, and wrongful termination. The claims have been brought forward by its former Group Chief People Officer (CPO), Rosemary Hewat, who has filed a case with the UK Employment Tribunal against both the company…

Senate Explores Partnership with South Korean Firm to Tackle Nigeria’s Power Grid Collapse

Posted February 18, 2025 by Freedom Square TV

The Nigerian Senate, through its Power Committee, is considering a collaboration with South Korean energy firm BK Energy to tackle the country’s persistent issues with grid collapses and the resulting power outages. This initiative was discussed on Monday when the committee, led by its chairman, Senator Enyinnaya Abaribe, hosted a…

CBN Assures Public of Keystone Bank’s Stability Amid Ownership Transition

Posted February 14, 2025 by Freedom Square TV

The Central Bank of Nigeria (CBN) has assured the public that Keystone Bank Limited remains financially stable and operational, dispelling any fears about the security of customers' deposits. This statement was issued on Friday by the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, in response to growing concerns…

CBN Ends Free ATM Withdrawals for Other Bank Users, Introduces New Charges

Posted February 11, 2025 by Freedom Square TV

The Central Bank of Nigeria (CBN) has eliminated the provision that allowed customers to make three free withdrawals per month using other banks’ Automated Teller Machines (ATMs). This policy change was driven by increasing operational costs and the need to enhance ATM service efficiency. Under the new directive, customers will…

New Tax Law Will Drive Investment, Says Powell Homes Boss

Posted February 8, 2025 by Steven

Governor Peter Ndubisi Mbah of Enugu State has been commended for signing into law the bill establishing a one-stop shop for tax collection and administration in the state. The Managing Director of Powell Homes and Shelters Ltd, Architect Chibuikem Onyekachi, made this known on Saturday during a…

Enugu East Chairman Launches Comprehensive Education and Tech Empowerment Initiative

Posted February 8, 2025 by Freedom Square TV

The Chairman of Enugu East Local Government Area, Hon. Beloved Dan Anike, has introduced a comprehensive human capital development initiative designed to enhance education and empower the youth within the region. This ambitious programme seeks to remove financial barriers to education while equipping young individuals with the skills necessary for…

China Imposes New Tariffs on U.S. Goods in Retaliation to Trump’s Trade Policies

Posted February 4, 2025 by Freedom Square TV

China has implemented new import tariffs on U.S. goods in retaliation for tariffs imposed by President Donald Trump, further escalating the ongoing trade war between the world's two largest economies. This move followed the U.S. imposition of an additional 10 percent tariff on all Chinese imports, which took effect at…

We’re impressed with Enugu, things moving fast – Danish Consul General

Posted February 3, 2025 by Freedom Square TV

_As Danish Govt, businesses seek more investment, partnership opportunities in Enugu_ The Government of Denmark has expressed its eagerness to expand the European nation’s business interests in Enugu State, expressing enthusiasm at partnering with the state in key sectors of the economy and other areas of mutual benefits. …

Enugu State Govt Approves Landmark Climate and Off-grid Electricity Policies and Strategies

Posted January 26, 2025 by Freedom Square TV

… Targets 792,000 new jobs in renewable energy, waste management In yet another pacesetting move, the Enugu State Government under the leadership of Governor Peter Mbah has approved the Enugu State Climate Policy and Action Plan, ESCPAP, making it the first subnational government in Nigeria to adopt a long-term climate…

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