Business Archives - Page 13 of 46

Sep

12

2025

Software Engineer Loses A $260,000 International Job Just Because He’s Nigerian

Business, Current Events, MetroBusiness, Metro

A Nigerian software engineer, Ridwan Akinfenwa, has narrated how he lost a Chief Technology Officer role worth over $260,000 per year because of his nationality. Akinfenwa, a software engineer, disclosed on his LinkedIn page on Sunday that he had signed a contract for the role last month, describing it as a career milestone after years of hard work in the global tech industry. He said in the LinkedIn post that started trending on Tuesday, ”Today, I find myself grappling with a deeply disheartening experience in my professional journey. “As a Senior Software Engineer with a solid educational and technical foundation,…

Sep

11

2025

By Amos Oge Kalu

Gov. Otti Signs The Mini-Grid Framework Regulation Into Use In Abia State.

Abia State, Business, Economy, News, PoliticsAbia State, Alex Otti, Economy, Politics

Abia State Governor, Dr. Alex Otti, OFR, has signed into use the Abia Mini-Grid Regulation framework, a document aimed at opening and unleashing private sector-driven investment in the Abia State Electricity Generation and Distribution to the unserved and underserved communities across the State. Signing the memorandum of understanding on Wednesday, September 10th at the Banquet Hall of the Government House, Umuahia, Governor Otti said that the event is the climax of several months of planning, stakeholder engagements, confidence building, ideation, and reviews by policy experts, investors, and energy consumers. "We have gathered this afternoon to collectively adopt a new framework…

Jul

25

2025

By Amos Oge Kalu

Reps Ultimatum: CBN Governor Faces Arrest Threat Over N3.64 Trillion Debt

Business, Economy, News, PoliticsCBN, Economy, House of reps

The House of Representatives has issued a 14-day ultimatum to the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, to settle a N3.64 trillion debt owed to the Federal Government. Failure to comply may result in a warrant of arrest being issued against him. According to the House Committees on Public Accounts and Public Assets, the debt represents 70% of an outstanding N5.2 trillion in unpaid operating surplus for the period spanning 2016 to 2022. The lawmakers emphasized that the CBN's non-compliance with the Finance Act 2020 has prompted this decisive action. The CBN has been directed to transfer unclaimed…

Jul

23

2025

By Amos Oge Kalu

Nigeria Strengthens Global Creative Ties with EU to Deliver Jobs and Growth Under Renewed Hope Agenda

Business, Cultural Heritage, News, SponsoredBusiness, Economy, Nigeria

Abuja, Nigeria | July 22, 2025 – In a landmark diplomatic engagement aimed at expanding Nigeria’s global cultural and economic footprint, the Honourable Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musa Musawa, led a high-level delegation to a strategic meeting with ambassadors of European Union member states at the EU Embassy in Abuja. The session, hosted by the European Union Delegation to Nigeria and ECOWAS under the leadership of Ambassador Gautier Mignot, focused on advancing international partnerships to fuel growth, job creation, and innovation within Nigeria’s creative and cultural industries. Speaking at the meeting, Honourable Minister Musawa…

Jul

21

2025

By Amos Oge Kalu

Soludo’s Economic Team Urged to Learn from Peter Obi’s Success

Business, Economy, Metro, News, Opinion, PoliticsAnambra State, Economy, Next Level, Nigeria, Opinion, Politics

As Prof. Charles Soludo nears the end of his first term as Anambra State Governor, attention has been drawn to International Breweries PLC, a company attracted by former Governor Peter Obi in 2012. R ecent data from the Anambra State Internal Revenue Service shows that International Breweries PLC is the sixth highest paying tax entity in the state, with only banks paying more tax. This development has sparked criticism of Governor Soludo's economic team, with calls for them to learn from Peter Obi's success in attracting investments. The company, which started operations under Obi's administration, has become a significant contributor…