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  • Business
  • Updated: December 05, 2021

Business News Roundup For November 28 - December 5, 2021

Business News Roundup For November 28 - December 5, 2021

Welcome to the AllNews roundup of the 5 Latest Business News that made the round last week.

Second Phase Of Mass Metering Programme To Begin Q1 2022 – NERC

The Nigerian Electricity Regulatory Commission (NERC) has announced that the second phase (Phase One) of the National Mass Metering Programme will begin in the first quarter of 2022.

NERC Chairman, Sanusi Garba said this during an interactive session with newsmen on Tuesday in Lagos. Read more here.

South-East Traders Reject New Increment In Customs Import Duty

The South-East Amalgamated Markets Traders Association (SEAMATA), has criticised and rejected the recent “astronomical and indiscriminate” increment in the import duty on cargoes charged by Nigerian Customs.

SEAMATA is the umbrella union of traders in all the markets in the South-East Geopolitical Zone and traders of South-East extraction doing business across the states in the Federation and in Diaspora. Read more here.

NPA Expecting 16 Ships With Petroleum Products, Others At Lagos Ports

The Nigerian Ports Authority (NPA) says it is expecting 16 ships laden with petroleum products, food items, and others from December 1 to December 9.

The NPA made this known in its publication, `Shipping Position`, a copy of which was made available to the journalists in Lagos on Wednesday. Read more here.

e-Naira: CBN Promises Effective Technology To Check Fraudsters

The Central Bank of Nigeria (CBN), has assured that it has put in place effective mechanisms to insulate the e-Naira from hackers and fraudsters.

The Director, Corporate Department, CBN, Osita Nwanisobi, disclosed this on Wednesday at a Central Bank Fair in Kano. Read more here.

LG Boss Empowers Small Businesses To Boost Local Economy

Chairman, Andoni Local Government Area in Rivers State Erastus Awortu says the council would continue to partner with enterprising youths in the area in order to revitalise small businesses to boost the local economy.

Awortu stated this on Thursday at an empowerment programme organized by the council at Ngo town, the council’s headquarters. Read more here.

These are the latest Business news that made trends during the week. Visit our website https://allnews.ng for more Business news around the world.

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