Business

Daily and periodic news on business within the country and around the world on News Snow website.

US to channel $400 million intended for WHO to other aid organisations

US to channel $400 million intended for WHO to other aid organisations

The United States (U.S.) could redirect $400 million it would have paid the World Health Organisation (WHO) this year to…
FG, states, councils suffer N413.3bn allocation shortfall

FG, states, councils suffer N413.3bn allocation shortfall

The three tiers of government suffered a shortfall of N413.3bn in allocation from the federation account within a two-month period…
Discos offer customers two-month free electricity

Discos offer customers two-month free electricity

Power distribution companies on Wednesday announced their support of the proposal by the National Assembly and the Federal Executive arm…
Chinese medical team arrives to assist Nigeria’s fight against COVID-19

Chinese medical team arrives to assist Nigeria’s fight against COVID-19

IMF promises speedy attention to $3.4b loan request A 15-member Chinese medical team arrived in Nigeria Wednesday afternoon. The team…
FG commissions $1bn made in Nigeria vehicles

FG commissions $1bn made in Nigeria vehicles

The Ministry of Industry, Trade and Investment in collaboration with the National Automotive Design and Development Council (NADDC) has commissioned…
NNPC recruits 1,050 graduate trainees in 2019/2020 exercise

NNPC recruits 1,050 graduate trainees in 2019/2020 exercise

The Nigerian National Petroleum Corporation (NNPC) said it has employed 1,050 graduate trainees during the 2019/2020 employment exercise, according to…
Traders count their losses as mid-morning inferno destroys Balogun Market

Traders count their losses as mid-morning inferno destroys Balogun Market

Goods worth millions of naira were destroyed on Wednesday by a mid-morning inferno, which razed a section of the popular…
Federal Government nominates Obiora as CBN deputy governor

Federal Government nominates Obiora as CBN deputy governor

President Muhammadu Buhari has nominated Dr. Kingsley Obiora as a Deputy Governor of the Central Bank of Nigeria (CBN). If…
New Finance Bill to boost investments in infrastructure, capital markets, says Buhari

New Finance Bill to boost investments in infrastructure, capital markets, says Buhari

– President signs bill into law President Muhammadu Buhari on Monday, January 13 signed the Finance Bill into law, saying…
Buhari appoints Nami as new FIRS chairman

Buhari appoints Nami as new FIRS chairman

President Muhammadu Buhari has appointed Muhammad M. Nami to replace Tunde Fowler as the new chairman of the Federal Inland…
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