CATEGORY: NEWS

FBN Merchant Bank signs MOU with Oxford business group to publish 2017 report on Nigeria

FBN Merchant Bank signs MOU with Oxford business group to publish 2017 report on Nigeria

FBN Merchant Bank will team up with the global research and consultancy firm, Oxford...


All the major economic news from Nigeria in 5 minutes-9/8/2017

All the major economic news from Nigeria in 5 minutes-9/8/2017

Summary of the top business, economic and political news in Nigeria today. The Nigerian...


Details of FGN Savings Bond for August 2017

Details of FGN Savings Bond for August 2017

In a circular published by the Debt Management Office (DMO), the DMO on behalf...


36 states invest $250 million in NSIA

36 states invest $250 million in NSIA

The 36 state governments have invested $250 million in the Nigerian Sovereign Investment Authority...


New discoveries by the EFCC show less than 6% of funds linked to Diezani Madueke have been forfeited

New discoveries by the EFCC show less than 6% of funds linked to Diezani Madueke have been forfeited

For many following the investigation of the former Minister of Petroleum, Mrs. Diezani Alison...


All the major economic news from Nigeria in 5 minutes-8/8/2017

All the major economic news from Nigeria in 5 minutes-8/8/2017

Summary of the top business, economic and political news in Nigeria today. In a...



iflix secures additional $133 million funding

iflix secures additional $133 million funding

iflix , the world’s leading Subscription Video on Demand (SVoD) service for emerging markets,...


All the major economic news from Nigeria in 5 minutes-7/8/2017

All the major economic news from Nigeria in 5 minutes-7/8/2017

Summary of the top business, economic and political news in Nigeria today. The management...


E-commerce, creative industry included in list of 27 new Pioneer Industries

E-commerce, creative industry included in list of 27 new Pioneer Industries

The Federal Ministry of Trade has just released the list of 27 new industries...


NCC says you now need ‘bank approval’ to complete sim swap

NCC says you now need ‘bank approval’ to complete sim swap

In a new move to end SIM-swap related e-fraud, the Central Bank of Nigeria...


Nigerian Manufacturers say they spent N130 billion (up 122%) on self generated electricity in 2016

Nigerian Manufacturers say they spent N130 billion (up 122%) on self generated electricity in 2016

A survey recently released by the Manufacturing Association of Nigeria (MAN) revealed that expenditure...


71 Industries are now eligible for Pioneer Status up from 44

71 Industries are now eligible for Pioneer Status up from 44

The Federal Executive Council (FEC) of Nigeria has approved a new list of industries...


Deal: Lafarge board approves merger with UNICEM and ATLAS Cement

Deal: Lafarge board approves merger with UNICEM and ATLAS Cement

The board of directors of Lafarge Africa has approved the commencement of a merger...


Lekki Free Trade Zone attracts Singaporean investors

Lekki Free Trade Zone attracts Singaporean investors

The Singaporean Minister of State for Trade and Industry, Dr Koh Poh Koon, on...


All the major economic news from Nigeria in 5 minutes-4/8/2017

All the major economic news from Nigeria in 5 minutes-4/8/2017

Summary of the top business, economic and political news in Nigeria today. Nigeria and...


This research supports a case for lowering internet cost in Nigeria

This research supports a case for lowering internet cost in Nigeria

Internet browsing website company, Mozilla has provided an insight into why internet access is...


The 5 states with the highest net statutory allocation in H1 2017

The 5 states with the highest net statutory allocation in H1 2017

The first half of the year is gone and states, most of whom depend...


All the major economic news from Nigeria in 5 minutes-3/8/2017

All the major economic news from Nigeria in 5 minutes-3/8/2017

Summary of the top business, economic and political news in Nigeria today. The Federal...


Deal: Flutterwave raises $10 million in venture capital

Deal: Flutterwave raises $10 million in venture capital

Flutterwave Inc. recently announced to its community that it has secured a new capital of...


These five states account for 87 % of Nigeria’s VAT revenue

These five states account for 87 % of Nigeria’s VAT revenue

The Minister of Finance, Mrs Kemi Adeosun remarked that 87% of Nigeria’s VAT comes...


This data confirms businesses are ‘smiling’ again

This data confirms businesses are ‘smiling’ again

The Purchasing Managers’ Index rose to 56.8 points in July 2017 for the fourth...


All the major economic news from Nigeria in 5 minutes-2/8/2017

All the major economic news from Nigeria in 5 minutes-2/8/2017

Summary of the top business, economic and political news in Nigeria today. Minister of...


The financial cost of Public Holidays explained

The financial cost of Public Holidays explained

Nigeria is estimated to have lost N9.74 billion to multiple holidays over the course...


All the major economic news from Nigeria in 5 minutes-1/8/2017

All the major economic news from Nigeria in 5 minutes-1/8/2017

Summary of the top business, economic and political news in Nigeria today. Pay TV...


All the major economic news from Nigeria in 5 minutes-31/7/2017

All the major economic news from Nigeria in 5 minutes-31/7/2017

Summary of the top business, economic and political news in Nigeria today. The Lagos...


All the major economic news from Nigeria in 5 minutes-28/7/2017

All the major economic news from Nigeria in 5 minutes-28/7/2017

Summary of the top business, economic and political news in Nigeria today. Nigeria’s Minister...


National Petroleum Policy: Nigeria seeks to save more for the future, Caps FG’s Oil Revenue Spending

National Petroleum Policy: Nigeria seeks to save more for the future, Caps FG’s Oil Revenue Spending

The Federal Executive Council (FEC) has placed a limit on the amount that would...


MTEF: FG to set 2018 budget at N7.9 trillion, 6% higher than 2017-07-28

MTEF: FG to set 2018 budget at N7.9 trillion, 6% higher than 2017-07-28

The Minister of Budget and National Planning, Senator Udoma Udo Udoma has revealed that...


Verod Capital acquires ‘minority stake’ in Greensprings Private School

Verod Capital acquires ‘minority stake’ in Greensprings Private School

Nigerian based Private Equity firm, Verod Capital Management has acquired a “minority” stake in...


The key numbers behind FBNH 2017 Half year results

The key numbers behind FBNH 2017 Half year results

FBN Holdings Plc on Thursday announced its unaudited results for the six months ended...