CATEGORY: BUSINESS NEWS


Official: Nigeria Collected “A Record”N3.3 Trillion In Taxes In 2016

Nairametrics| Nigeria’s main tax collection agency,The Federal Inland Revenue Service (FIRS) has confirmed that it collected “a record” N3.303...




We Have New Facts About The $1 billion Eurobond Sale

Nairametrics| Facts are beginning to emerge about Nigeria’s successful $1 billion Eurobond sale. Nairametrics will publish them on this...


Nigeria’s Successful $1 billion Eurobond Offer Will Be Listed On The FMDQ OTC & NSE

Nairametrics| Nigerian successfuly sold its much talked about $1 billion Eurobond on Thursday. The bond sale was said to...


Nigeria’s $1 billion Eurobond Oversubscribed By 8 Folds

Final Update: The deal is now closed Subscriptions was about $7.9 billion (about 8 times what was on offer) ...



Ethiopian Airlines Says It Has $220m Trapped In Nigeria and Other African Countries

Reuters is reporting that Ethiopian Airlines has about $220 million trapped in local currencies in African countries such as...


Ngige Hints Nigerian Civil Servants May Get A New Minimum Wage Soon

Nairametrics| The Minister of Labour and Employment, Chris Ngige has revealed that the committee setup to review the minimum...


SEC Takes Final Decision Against BGL

Nairametrics| The Securities and Exchange Commission of Nigeria (SEC), has placed a life ban on Mr Albert Okumagba and...


Buharinomics 2.0: The Presidency Has Setup A Task Force To “Beat Down Food Prices”

Nairametrics| Buharinomics seems to have stepped up a notch higher following the latest press release from the presidency about...


Nigeria Approaches Goldman and Stanbic IBTC To Help Sell Diaspora Bond

Reuters is reporting that Nigeria has asked Goldman Sachs and Stanbic IBTC to advise it on the sale of...


EFCC Tweets Out Warning Against Cryptocurrency

In a tweet from its verified twitter handle, the Economic And Financial Crimes Commission (EFCC) has warned members of...


Boom: Fitch Downgrades Nigeria, Blames CBN Forex Policies

International Rating Agency, Fitch has downgraded Nigeria’s outlook from stable to negative blaming Nigeria’s tight foreign exchange liquidity position....


Emefiele Calls Critics of Multiple Exchange Rates “Mischievous”

The Central Bank of Nigeria’s Governor, Godwin chastised critics who insists that Nigeria has multiple exchange rates, calling them...


January 2017 MPC: Central Bank Leaves MPR At 14%

The Central Bank of Nigeria Monetary Policy Committee (MPC) has concluded its first meeting for 2017.  The MPC agreed...


Guinness Shareholders Approve N40 billion Rights Issue

The Shareholders of Guinness Nigeria Plc have approved the board’s resolution to raise about N40 billion in rights issue....


Business Insider ‘For Sub Saharan Africa’ Debuts This January

United States based Business Insider is launching a Sub Saharan African edition starting this January. According to a press...


Horrow Show: Watch Osinbajo Bungle Question About Economic Leadership At WEF 2017

Nigeria’s Vice President, Professor Yemi Osinbajo is currently in Davos for the World Economic Forum meeting. The forum hosts...


Nigeria Ratifies WTO Trade Facilitation Agreement (TFA)

Nairametrics| Nigeria has ratified the Trade Facilitation Agreement (TFA), making it the 107th World Trade Organisation (WTO) member to...