Search Result for: shut down
Nigerian Banks Shut Down 229 Branches as Cost Pressures and Digital Shift Deepen
Nigeria’s banking sector has witnessed a significant contraction, with commercial banks shutting down a combined 229 branches across the country, reflecting rising operational...
Economic Hardship: Nearly 50% of Oyo Poultry Farms Have Shut Down – Poultry Association Head Laments
Nearly half of all poultry farms in Oyo state have been forced to shut down their operations due to rising costs. This alarming...
Aviation Workers To Shut Down Airports, Ground Aircrafts Over 50% IGR Deduction
Aviation workers have issued a notice of a Day-strike in protest against the federal government’s deduction of 50 percent from the internally generated...
Despite Takeover By Local Firm, Poor Sales Force Shoprite To Shut Down Operations In Abuja
Shoprite has announced the closure of one of its business outlets in Abuja, citing economic decline as the reason for the closure. This...
767 Nigerian Companies Shut Down in 2023 – MAN
The Manufacturing Association of Nigeria (MAN) has disclosed that 767 manufacturing companies shut down operations while 335 experienced distress in 2023. This unfortunate...
Sierra Leone Shuts Down Only Privately Owned Indigenous Bank After Years of Failed Recovery
Sierra Leone’s central bank on Wednesday ordered the permanent closure of Union Trust Bank, the West African nation’s only privately owned indigenous commercial...
Tinubu’s Debt Relief Fails to Avert New Seven Day Shutdown Warning from Nigerian Airlines
Despite the approval of a 30 percent debt discount for domestic airlines by President Bola Tinubu, Nigeria’s aviation sector remains on a knife...
Kogi Shuts Markets and Motor Parks in Crackdown on Terrorists
The Kogi State Government has ordered the temporary closure of selected markets and motor parks across parts of the state as security agencies...
WAEC Shuts Down Result Portal Over Glitch, As Public Outcry Mounts Over Poor 2025 WASSCE Results
The West African Examinations Council (WAEC) has temporarily shut down its result checker portal following what it described as a “technical issue” discovered...
Nigeria: Aviation Unions Threaten Strike, Airspace Shutdown On Friday Over Unpaid Salaries
Nigeria’s airspace may face a complete shutdown by Friday following a joint strike notice issued by major aviation unions over unpaid salary adjustments....
France’s Factory Shutdowns Signal Deeper Crisis as Africa Reclaims Control of Resources
France’s industrial base is under severe pressure, with increasing factory shutdowns across key sectors. From automotive to steel and agri-processing, closures and layoffs...
ICYMI: Niger Shuts Down Red Cross Operations Over Alleged Ties to Armed Militants
The International Committee of the Red Cross (ICRC) has officially suspended its humanitarian operations in Niger following an order from the country’s government...