National Assembly investigates abuse of pioneer status

Deloitte: The House of Representatives, in exercise of its powers under the Nigerian Constitution, has set up an ad-hoc...


FCT hotels fear closure over these 2 tax issues

What is a Bicycle and Cart tax in an...



GE to open $100 million plant that can service and repair power turbines

Contrary to earlier reports, General Electric (GE) plans to launch a repair and service plant for power turbines. News...


Alert: Microsoft announces plans to deliver Cloud services from Datacentres in Africa

Microsoft’s new investment will provide highly available, scalable, and secure cloud services across Africa with the option of data...


Full Excerpt of the Executive Order on Ease of Doing Business

The Acting President of Nigeria, Professor Yemi Osinbajo on Thursday signed three executive orders which is expected to significantly change...


List of results released on the Nigerian Stock Exchange (Updated May 19 2017)

Nairametrics| The table below contains a listing of all the results released in 2017 for companies quoted on the...


Medview Airlines says EU ban is not total

Nairametrics In a statement issued yesterday on its twitter handle, Medview airlines says its EU operations are operating as scheduled...




Dangote shuts down tomato factory. Again.

Nairametrics|Barely three months after resumption, Africa’s richest man Aliko Dangote has been forced to close it down again, due...


EU Bans Medview Airlines from flying into Europe

Nairametrics|The European Commission yesterday banned several airlines from flying into European airspace. Several airlines were banned including a Nigerian...


In secret, corporates come clean about their outlook for the economy

The recently concluded Renaissance Capital Annual Pan-African Conference aptly titled Stability is Returning, provided us with a unique insight...


Here is a bucket list of why local rice is now more expensive than foreign rice

One of the biggest policy thrust of the Buhari Administration is its push for the development of the agricultural...


Refineries processed 10 million barrels of crude in Q1 2017; Why It’s a big deal

The Nigerian National Petroleum Corporation (NNPC) has revealed that Nigerian refineries processed 10 million barrels of crude oil in the first...


One more Chibok girl has been rescued.

Nairametrics| Efforts to rescue the Chibok girls seem to be yielding efforts as another was rescued today. Special adviser...


The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

Summary of the top business, economic and political news in Nigeria today.    Over $163.7m was spent to hire...


Dangote can lift 2 million people from poverty

Nairametrics| A recently released report by Oxfam, an NGO based in the United Kingdom states that the top 5...


Customs lose N3 billion to strike at Lagos ports

Nairametrics| As the strike at Lagos ports enters its second day, estimates for the losses by the NCS is...