Nigerian Senate Passes Petroleum Industry Bill
The Nigerian Senate has passed the Petroleum Industry and Governance Bill. The senate announced this via its twitter handle on...
Deal: OPEC extends oil cuts for another 9 months
The Organisation of Petroleum Exporting Countries, OPEC, has agreed on Thursday, to extend cuts in oil output by nine months...
Customs says paper work required to export has been cut from 17 to 10
The Nigerian Customs Service has revealed that it has cut the number of paperwork required for exporters to execute before...
TVS, market leader in Keke Marwa Productions is targeting 70% market share
Self proclaimed market leader for the sale of popular tricycle aka Keke Marwa in Nigeria, TVS Motor Company of India...
Staco Insurance raises N1.6 billion via private placement
Back in February, 2017 Nairametrics analysts reported heavy trades on the Nigerian Stock Exchange for Staco Insurance, a company that...
NNPC is digitising its old documents and has received 34 bids
Nigeria's state-owned oil company, The Nigerian National Petroleum Corporation (NNPC) on Tuesday revealed that it had received about 34 bids...
Nigeria remains in recession as nation records 5th consecutive negative quarterly GDP
The National Bureau of Statistics has revealed that Nigeria recorded a 2017 first quarter GDP growth rate of -0.52%. This...
Company News Roundup (May 20, 2017) – Bank executive compensation top N6 billion N1 billion in 2016
This is Nairametrics recap of some of the top company/industry stories that were in the news for the week ended...
Top Nigerian Banks spend N6.1 billion as executive compensation for 2016
Ten of the largest quoted commercial banks in Nigeria incurred a total of about N6.1 billion in executive compensation for...
Average lending rate in Nigeria hit 30%pa, first time in 16 years
Data from the Central Bank of Nigeria reveal average lending rate from commercial banks in the country has now topped...
