Sunday, November 24, 2024

Business News Today

Top 10 Nigerian States with the Highest Ransom Payments to Kidnappers

Nigeria has a big problem with kidnappings, which has turned into a successful crime. This happens because the country's security is weak and there's not enough money. From July 2023 to June 2024, 7,568...

IRCC Announces Unprecedented Backlog in Immigration Applications

Immigration, Refugees, and Citizenship Canada (IRCC) released new info about how many immigration applications are still waiting to be processed. As of July 31, 2024, the total number of applications for citizenship, immigration, and visas has...

Cement Prices Should Be N10,000 Per Bag Due to Naira Devaluation, Says Abdul Samad Rabiu

Abdul Samad Rabiu, the chairman of BUA Cement, believes the price of cement should be around N10,000 per bag due to the falling value of the naira. ...

World Bank Prohibits Two Nigerians and One Firm for Corruption and Fraud in March 2024

In March 2024, the World Bank banned two Nigerian people and one Nigerian company because they did bad things like lying and cheating.This information is from the World Bank’s website, where they list people and companies who cannot work...

IRCC Extends Permanent Residency Invitations to 3,300 Candidates in Latest Express Entry Draw

The Immigration, Refugees, and Citizenship Canada (IRCC) has sent out 3,300 invitations to people who want to live in Canada forever in the latest Express Entry draw. Express Entry is an online system the Canadian government...

Nigerians Paid N1.04 Billion in Ransom to Kidnappers in a Single Year – Report

Nigerians paid a lot of money to kidnappers, about N1.048 billion, between July 2023 and June 2024, according to a report by SBM Intelligence.The report, called "Grim Reaping," said that kidnappers asked for about N10.99 billion in ransom but...

Four Arrested in $1 Million Fraud Scheme for Posing as EFCC Chairman Olukoyede

The Economic and Financial Crimes Commission (EFCC) has arrested four people pretending to be its Chairman, Mr. Ola Olukoyede, and trying to cheat someone out of $1 million.The arrests happened on Wednesday. This is a big step by the...

Canada Discontinues Policy Allowing Visitors to Obtain Work Permits

Immigration, Refugees, and Citizenship Canada (IRCC) has stopped a special rule that let visitors apply for work permits while staying inside Canada.This rule was supposed to last until February 28, 2025, but it will now end early, on August...

Abuja Industrial Park Set to Create 40,000 Jobs and Bolster Nigeria’s Economy, Says Wike

Mr. Nyesom Wike, the Minister of the Federal Capital Territory (FCT), said the new Abuja Industrial Park will bring 40,000 jobs and help Nigeria's economy grow. This park is being built by Zeberced Group. ...

How Nigerian Lawmakers Can Uphold the Supreme Court’s Judgment on Local Government Autonomy – Iziyon

Dr. Alex Izinyon, a top lawyer in Nigeria, has shared how Nigeria’s National Assembly can help make a big Supreme Court decision real about local government autonomy and LGA funds. On August 28, 2024, he shared his thoughts with...
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Latest News

Nigeria's population could rise to 450 million by 2050: experts

Experts have expressed concern about the possible increase in Nigeria's population, which could reach 450 million by 2050 if...
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