Business Archives - Page 3 of 15

Elon Musk Becomes First Person to Hit $500 Billion Net Worth, Driven by Tesla and Tech Ventures

Posted October 2, 2025 by FreedomsquareTV

Elon Musk has once again made history — this time by becoming the first person ever to surpass a net worth of $500 billion. Although his wealth dipped slightly by the end of the trading day, closing at $499.1 billion according to Forbes' Billionaires Index, the milestone underscores the extraordinary…

PenCom Unveils Reforms to Strengthen Pension Scheme and Improve Retirees’ Welfare

Posted October 2, 2025 by FreedomsquareTV

The National Pension Commission (PenCom) has introduced a series of major reforms aimed at enhancing Nigeria’s Contributory Pension Scheme (CPS), with a renewed focus on transparency, inclusiveness, and the overall well-being of retirees. The announcement came during a high-level Stakeholders’ Conference on the workings of the CPS, held in Abuja…

PENGASSAN-Dangote Refinery Dispute Risks Economic Sabotage if Unresolved, Warns Former TUC President

Posted September 29, 2025 by FreedomsquareTV

Peter Esele, a former president of the Trade Union Congress (TUC), has raised serious concerns over the ongoing conflict between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Dangote Refinery, warning that the dispute, if mishandled, could escalate into a form of economic sabotage. In…

Trump Signs Order Allowing U.S. Takeover of TikTok, Valued at $14 Billion

Posted September 26, 2025 by FreedomsquareTV

In a significant update for social media users across the United States, former President Donald Trump has signed an executive order that paves the way for TikTok to remain operational in the country — but with one key condition: it must be run under American ownership. This decision follows prolonged…

NANS Urges Oil Sector to Safeguard Dangote Refinery, Citing Its Role in Fuel Independence and Economic Growth

Posted September 26, 2025 by FreedomsquareTV

The National Association of Nigerian Students (NANS) has called on key players within the oil and gas industry to actively support the smooth running and long-term success of the Dangote Refinery. In a statement released by its President, Comrade Olushola Oladoja, NANS emphasized that the refinery holds significant promise for…

Amolegbe Urges Insurance and Pension Sectors to Capture 70 Million Informal Workers Through Trust and Technology

Posted September 18, 2025 by FreedomsquareTV

Mr. Olatunde Amolegbe, Managing Director and CEO of Arthur Stevens Asset Management, has called on stakeholders in the insurance and pension industries to devise strategic approaches that will ensure the full integration of Nigeria’s vast informal sector into both systems. Speaking at the 10th Annual Conference of the Nigerian Association…

Agriculture Without Industrialization Is Just Subsistence — Michael Ogbuekwe

Posted September 10, 2025 by Freedom Square TV

--------- Says, farming in its raw form, without value addition, can only amount to subsistence and not real economic growth. The Special Adviser on Agriculture to the Governor of Enugu State, Michael Ogbuekwe, made this known while appearing on a programme, Beyond the Headlines, on Freedom Square Tv, anchored by…

Buy Now, Pay Later: Enugu Marketing Company Pushes Consumer-Friendly Initiative

Posted September 10, 2025 by Freedom Square TV

-------Says the scheme, is a consumer-friendly innovation aimed at easing the financial burden on residents. Special Adviser on Agriculture to Governor and Chief Executive Officer/General Manager of Enugu Marketing Company, Michael Ogbuekwe, disclosed that Enugu State Marketing Company, as part of the disruptive innovation policy of Governor Peter Mbah’s…

NUPENG Declares Nationwide Strike Over Alleged Anti-Union Practices in Dangote CNG Truck Operations

Posted September 5, 2025 by FreedomsquareTV

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has declared that its members will embark on a nationwide strike starting Monday, September 8, 2025. The union said the industrial action is in response to what it described as anti-union labour practices tied to the introduction of newly imported…

Cooking Gas Prices Soar by Over 44% Year-on-Year – NBS

Posted September 2, 2025 by FreedomsquareTV

The National Bureau of Statistics (NBS) has reported a 44.51% year-on-year increase in the average retail price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, as of July 2025. According to the NBS’s latest LPG Price Watch Report released on Tuesday, the cost…

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