Business Archives - Page 2 of 8

JBS to Invest $2.5 Billion in Nigeria’s Meat Industry Over Five Years

Posted November 22, 2024 by Freedom Square TV

Brazilian meat processing giant JBS has signed a memorandum of understanding (MoU) with the Nigerian government to invest $2.5 billion in the country over the next five years. The agreement includes plans to establish six new facilities focused on poultry, beef, and pork production. This initiative is part of a…

Failed Promises and Lost Dreams: Challenges Plague Igbo Apprenticeship System

Posted November 14, 2024 by Freedom Square TV

Jude Eze, a former apprentice from Orhom Orba village in Enugu State, feels devastated by years of wasted apprenticeship in Cotonou, Benin Republic. His nine-year apprenticeship with his boss Emeka Eze was cut short when his master’s investment in motorcycle tubes and tires failed due to poor quality. Despite being…

UBA Appoints Henrietta Ngozi Ugboh as Independent Director, Announces Retirement of Owanari Duke

Posted November 13, 2024 by Freedom Square TV

United Bank for Africa Plc (UBA) has appointed Mrs. Henrietta Ngozi Ugboh as an Independent Non-Executive Director, with the approval from the Central Bank of Nigeria (CBN) on November 8, 2024. The announcement, released in a statement to the Nigerian Exchange Limited, highlights Ugboh’s extensive 30-year career in banking, which…

Boeing Extends Invitation to Keyamo for Airline Economics Conference in Dublin to Enhance Industry Connections

Posted October 29, 2024 by Freedom Square TV

In an effort to strengthen Nigeria's aviation sector, Boeing has invited Festus Keyamo, the Minister of Aviation and Aerospace Development, to attend the upcoming Airline Economics Conference in Dublin, Ireland. Scheduled for January 12 to 15, 2025, this event will serve as a significant international platform for Minister Keyamo to…

CBN Governor Olayemi Cardoso Outlines Strategic Vision for Economic Resilience and Inflation Control

Posted October 18, 2024 by Freedom Square TV

In the midst of pressing economic challenges, Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has reaffirmed his commitment to creating a resilient central bank capable of effectively addressing the nation's economic issues. Speaking at the recent 30th edition of the Nigeria Economic Summit (#NES30), Cardoso…

CBN Reassures Public About Financial System Stability and Fund Security

Posted October 9, 2024 by Freedom Square TV

CBN Reassures Public About Financial System Stability and Fund Security CBN Reassures Public About Financial System Stability and Fund Security: The Central Bank of Nigeria (CBN) reaffirmed its dedication to maintaining the stability of the financial system and ensuring the safety of depositors' funds in a recent statement. This reassurance…

Grangemouth Oil Refinery to Shut Down in 2025

Dangote Refinery Set to Disrupt Europe’s Oil Industry with Massive Diesel and Jet Fuel Exports

Posted August 9, 2024 by Freedom Square TV

Dangote Refinery Set to Disrupt Europe's Oil Industry Dangote Refinery Set to Disrupt Europe's Oil Industry :Dangote Refinery and Petrochemicals, located in Nigeria, is set to disrupt the European oil and gas industry with its massive supplies of diesel and jet fuel. According to the Organisation of Petroleum Exporting Countries…

FCCPC Exposes Coca-Cola, Nigerian Bottling Company’s Deceptive Practices, Orders Transparency

Posted August 2, 2024 by Freedom Square TV

FCCPC Exposes Coca-Cola FCCPC Exposes Coca-Cola: The Federal Competition and Consumer Protection Commission (FCCPC) has concluded a comprehensive investigation into Coca-Cola Nigeria Limited and the Nigerian Bottling Company Limited (NBC), revealing significant breaches of transparency and consumer communication. The inquiry, initiated in June 2019, focused on the companies' switch from…

Femi Otedola Backs Windfall Tax on Banks’ FX Gains to Fund Public Services

Posted August 1, 2024 by Freedom Square TV

Femi Otedola Backs Windfall Tax on Banks' FX Gains to Fund Public Services Femi Otedola Backs Windfall Tax on Banks' FX Gains to Fund Public Services: Femi Otedola, Chairman of FBN Holdings, has publicly endorsed the federal government's proposed windfall tax on the foreign exchange gains of banks. In a…

NIN-SIM Deadline Chaos: MTN Suspends Services After Office Vandalism

Posted July 30, 2024 by Freedom Square TV

MTN Suspends Services After Office Vandalism MTN Suspends Services After Office Vandalism: A telecommunications company official confirmed to The Cable that the decision to temporarily suspend operations was made due to the vandalism of their offices by disgruntled customers. These customers had their lines disconnected as a result of the…

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