Investogist
No Result
View All Result
Tuesday, May 12, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    JAMB UTME No Longer Required for NCE Programmes — FG

    JAMB UTME No Longer Required for NCE Programmes — FG

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Nigerian Breweries Confirms Fire at Aba Warehouse

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    JAMB UTME No Longer Required for NCE Programmes — FG

    JAMB UTME No Longer Required for NCE Programmes — FG

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    FG Orders Immediate Withdrawal of Passports from Nigerians Who Renounce Citizenship

    Nigerian Breweries Confirms Fire at Aba Warehouse

    Nigerian Breweries Confirms Fire at Aba Warehouse

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

FG embargo on employment is due to bad economy says Ngige

Monday, 16 August 2021, 6:58 am
in News, Nigeria
0
FG embargo on employment is due to bad economy says Ngige
Share Share Share Share Send as Email

The Minister of Labour and Employment, Senator Chris Ngige said that the Federal Government placed an embargo on employment into Federal Civil Service because the economy is not in good shape.

Ngige said this while speaking at his Abuja residence at the weekend as he receives the traditional ruler of Nnewi town, Igwe Kenneth Orizu (III), who paid him a courtesy visit with a delegation, comprising of members of the royal family and leaders from the town.

The delegation had earlier pleaded with Ngige to help secure jobs for young graduates from the town.

He said that government have support programmes meant for the poor in the society like the Conditional Cash Transfer (CCT).

News Agency of Nigeria (NAN) reports that CCT is a programme initiated by the federal government to reduce poverty through payment of a monthly stipend of N5,000 to each registered vulnerable beneficiary.

  • Read also: Tips to improve your financial well-being
  • FG raises driving licence, vehicle number plate rates by 50%

Ngige said: “The Federal Government placed embargo on employment because the economy is not in good shape. But, we have the Home Support Programmes like Conditional Cash Transfer and others. Such money is meant for the poor in the society.

“I have been making sure that Nnewi town gets its due through my foot soldiers in the community. Nothing is too small but I assure you that we will do more.”

Ngige did not say when the embargo will be lifted, although he pledged to ensure that all Nigerians, including Nnewi indigenes, were given jobs when the Federal Government lifts the embargo on employment.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Spaceexx
    Historic SpaceX Launch Scrubbed due to Bad Weather
  • United Nigeria Airlines
    Flight diversion to Asaba is not due to bad weather,…
  • Ngige
    ASUU tackles NGIGE, says strike continues
  • Austria Russian Gas
    Impose all sanctions on Russia but not the gas…
Previous Post

Tips to improve your financial well-being

Next Post

Opportunity as BudgIT holds Hackathon Competition to mark 10th anniversary

Next Post
Opportunity as BudgIT holds Hackathon Competition to mark 10th anniversary

Opportunity as BudgIT holds Hackathon Competition to mark 10th anniversary

Please login to join discussion
  • Trending
  • Comments
  • Latest
Mr Ibu’s wife accuses daughter of hijacking treatment fund

BREAKING: Popular Nollywood actor, Mr. Ibu is dead

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

NEIMETH lists additional 2.37 billion shares on NGX

Neimeth Opens N4.00 Rights Issue to Shareholders

“Unfriendly” countries will have to pay for Russian gas in rubles – Putin

10 EU countries quietly buying Russian gas with rubles

JAMB UTME No Longer Required for NCE Programmes — FG

JAMB UTME No Longer Required for NCE Programmes — FG

Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Releases Audited Financial Statements for Q1 2026

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved