CATEGORY: BUSINESS NEWS

Niger Delta Crisis: Osinbajo To Visit Oil Communities From Monday

The Nigerian Government has stepped up efforts to address the unrest in the Niger Delta. In a press release...


Nigeria’s Inflation Rate Rises For The 14th Consecutive Month

The National Bureau of Statistics on Friday revealed Nigeria’s inflation rate for the month of December 2016 was 18.55%...


This New Private Equity Firm Will Target Business In Nigeria That Need $20-$60 Million

Mid Cap Nigerian businesses looking to attract private equity funding have received an added boost. Arkana Partners, an investment...




Nigeria’s Diaspora Bond To Be Available in March 2017 – FG

Nairametrics| The Federal Government is reportedly set to issue its first diaspora bond in March 2017 according to reports...


Official: How The Government Determined The Beneficiaries Of The N5,000 Conditional Transfer

Since the government announced last week that it had started payment of the conditional transfer of N5,000 to one...


This Is The FRCN Regulation That ‘Forced’ Pastor Adeboye To Step Down

Nairametrics|Nigerians from all over the world were shocked on Saturday after news broke that the General Overseer of the...


Niger Delta Militants “Greenland Justice Mandate’ Issues First Press Release for 2017

Niger Delta Militants Niger Delta Greenland Justice Mandate have issued their first press release for 2017, explaining why they have...


Bitcoins Surge Past $1k, Post 124% Return in 2016

Nairametrics| Bitcoins on Monday January 2 surged passed the $1k mark making it one of the best performing asset...


Naira Ends 2016 At N495/$1 At The Black Market

The exchange rate between the naira and the dollar closed a not to be remembered 2016 at an average...


South Africa Raises Fuel Price

South Africa on Thursday announced that it was raising the price of petrol by 4% staring January 4th 2016....


NRI Group Issues Communique on Proposed 2017 Budget

NRI communique on the proposed 2017 budget 2016 will go down as one of the darkest years in Nigeria’s...


Naira Set To Depreciate Further As Nigerians In Diaspora Disappoint This Holiday

Nairametrics| Traders believe the Naira will depreciate further at the end of the year as forex from Nigerians living...


Press Release: Nigeria Breweries Explains Fire Incident

Nigeria Breweries issued the following press release regarding the Xmas day inferno that gutted their Iganmu plant. Press Release...


SEC Suspends Heritage Capital For Unauthorized Sale of Shares Belonging to An Investor

The Security and Exchange Commission, SEC has just issued the following press release. Press Release The Securities and Exchange...


Top Traded Agricultural Products Exported From Nigeria Last Quarter

The National Bureau of Statistics published its External Trade Report last week showing Nigeria exported goods worth a total...


Video: Fire Guts Nigeria Breweries Factory in Iganmu (Xmas Day)

Nairametrics| In the early hours of Sunday, Christmas Morning (6am), a section of the Nigerian Breweries factory at Iganmu caught...


3 Things Nana Akufo-Addo Said He’ll Do That Buhari Is Not Doing

Ghana’s president-elect Nana Akufo-Addo will be sworn in January 7th 2017 after winning hotly contested election that took place...


Aviation Minister Spooks Foreign Investors With Latest Comments

The aviation industry in Nigeria has come under scrutiny in the last few months as airlines struggle with huge...


Coca Cola Spends $3.5b Buying Africa’s Largest Coke Bottler

In one of the largest deals in Africa this year, Coca Cola has bought a majority stake in Coca-Cola...