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BREAKING: President Buhari retains portfolio as Petroleum Minister

President Buhari to review report on N30,000 new minimum wage

Although, it is unsure if President Muhammadu Buhari has signed new minimum wage into law, but he promised to review the submitted report by Rewane's PTAC
CBN, Key lending rate, CBN to boost creative industry with N22 billion , CBN increases LDR to 65%, sets December deadline, External reserves drop by $3.2 billion in Q3’19 , Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion 

Bank chiefs make a serious demand following CBN deduction of N499 billion 

Top executives of the banks affected by the CBN's N499 billion deduction have met with the apex to demand a review of the sanctions. 
LAPO Microfinance Bank’s founder, Godwin Ehigiamusoe exit company, gets replacement 

LAPO Microfinance Bank’s founder, Godwin Ehigiamusoe exit company, gets replacement 

LAPO Microfinance Bank has made changes to its management following the exit of Godwin Ehigiamusoe, its founder and CEO of LAPO NGO. 
CBN, GTBank, CBN disagrees with IMF, says land border closure boosting local production, Border closure: Emefiele says Benin, others must engage Nigeria before borders are reopened , bvn 2.0

Yet again! another directive from the CBN

Banks across the country were given a directive from the CBN to cancel any customer requests for purchase of Treasury Bills
Taxes you should be aware of before starting a business in Nigeria

Taxes you should be aware of before starting a business in Nigeria

A key understanding of the tax regime, which operates in your area of operation, is quite important if you want to establish any business.
MTN

MTN launches the first ever Whatsapp airtime top-up option

MTN hopes to incorporate other instant messaging platforms such as Facebook Messenger down the line.
Cashless Policy, This is when CBN will cut Monetary Policy Rate – Emefiele, Nigeria’s External Reserves depleted by $2.9 billion, hit 10 months low , CBN to fight piracy in Creative Industry , CBN projects macroeconomy confidence to rise by 118.3% in November, Emefiele addresses stable naira

CBN grants approval for banks to debit accounts of loan defaulters 

The CBN has finally granted DMBs the approval to directly debit bank accounts belonging to loan defaulters across all banks in the country.
Pictures from the launch ceremony of the new Access Bank Plc

Pictures from the launch ceremony of the new Access Bank Plc

The unveiling ceremony followed the completion of the merger process between the tier-1 bank and Diamond Bank Plc.
FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos  , Why Nigeria’s Data woes may not end soon , Pantami reacts to CBN’s ATM fee cut, keeps mute on directive to cut data cost , Pantami condemns FIRS move to collect stamp duty, MTN, Airtel, others disregarding Pantami’s voicemail, data directives on all front , FG warns State governments against RoW charge increase, FG reiterates commitment towards implementing broadband strategy ,FG reiterates commitment to 75% broadband penetration in 5 years 

MTN, Airtel, others disregard Pantami’s directives over voicemail, data cost

Network providers have disregarded the directives of Isa Pantami on voicemail charges, illegal data deduction and data cost.
NNPC, Domestic Crude Allocation, Why NNPC’s Duke Oil is quitting London operations for Dubai , NNPC divests stake in four oil wells to NPDC , How NNPC discovered oil, gas deposits in the North , Nigeria to leverage on condensate refineries to be petrol net exporter, How NNPC saved $3 billion from arbitration 

Oil exploration breakthrough in Gongola opens up new frontiers

NNPC drilling crew working at Kolmani River-II in Gongola Basin encountered hydrocarbon outflow to the wellhead while testing
Nairametrics Financial literacy, invest intelligently, portfolio diversification, treasury bills

Gross Profit vs. Net Profit: What every entrepreneur should know

Get the full scoop on gross profit vs. net profit with this guide.
Here’s why Glo users will no longer be able to call Airtel lines again 

Here’s why Glo users will no longer be able to call Airtel lines again 

Over 29 million Glo users in Nigeria will no longer be able to contact Airtel Nigeria lines following a ban from the Nigerian Communications Commission.
Access Bank N15bn green bond set to be the first cross listing ensuing from NSE-LuxSE partnership

Access Bank moves headquarters to Oniru, Lagos

The management of Access Bank Plc has notified the NSE of the relocation of its head office from Danmole Street to Oniru within Lagos State.
debt, judicial intervention, AMCON, seeks partnership with ICPC, Liquidate Asset Management Corporation of Nigeria – CBN, NDIC, Ernst & Young , NASS pledges support to AMCON on debt recovery, AMCON: Peculiar Nigerian problems reasons for failure in aviation , These are the sad reasons Nigerian airlines struggle and fail 

AMCON demands Arik conversion to National Carrier 

AMCON has called on the Federal Government to convert Arik Airline to a national carrier to boost business opportunities in the nation’s aviation sector.  
Solar energy, EU, Adamawa, US-based solar company to invest $300m in Nigeria 

Borno State Government builds Africa’s largest solar panel factory

The Borno State Government has completed and unveiled the largest solar panel factory in the country and Africa at large.

How to Invest in International Stocks (1)

The first step is to find a trading platform that you can trade from. Choosing an online trading platform is not an easy task but it is a very important step in international investing
Sports betting companies

Sport betting companies enrich themselves at the expense poor customers – Tayo Oyedeji

Nigerian entrepreneur and business leader, Tayo Oyedeji, believes that many sport betting companies in Nigeria and elsewhere are enriching themselves at the expense of their mostly impoverished customers. 
Innoson Vehicles, Nigerians are enraged as lawmakers reject Innoson cars for latest Toyota Camry 

Nigerians react as Anambra lawmakers reject Prado SUVs for Innoson SUVs

Innoson Vehicles has been trending on Twitter since morning after Anambra lawmakers rejected Toyota Prado SUVs meant for them.
Successful Circle: Femi Otedola, Aliko Dangote, and others chill together

Successful Circle: Femi Otedola, Aliko Dangote, and others chill together

Femi Otedola shared an evening with his friends and discussed ways to move Nigeria forward. We like what we are seeing. Do you?
Opay, OPay's Country Manager reacts to ORide’s role in Gokada’s temporary shutdown

OPay’s Country Manager reacts to ORide’s role in Gokada’s temporary shutdown

The Country Manager of OPay, Iniabasi Akpan, has finally reacted to the role ORide played in the temporary shutdown of Gokada's operation.
Nigerian National Petroleum Corporation, Ndu Ughamadu

NNPC reshuffles management as NPDC boss and 49 others lose their jobs

The Managing Director of the Nigerian Petroleum Development Company, Yusuf Matashi, has been sacked and replaced with Usman Yusuf, the former Assistant to the GMD.
Uber to ban low rated passengers from its services Kate Parker writes on Uber blog

As Uber plans to ban low-rated passengers, here’s how to avoid that

@Uber now believes that the customers are not always right. In line with this, the car hailing company plans to ban disrespectful riders. Click link for details...
Here’s why you need to know your business’s competition, If you want to be a leader in a competitive market, do these 8 things

If you want to be a leader in a competitive market, do these 8...

While testing an unproven market can be expensive and risky on one hand, on the other hand, there are clear signals about where opportunities lie.
Sierra Leone govt purchases Innoson vehicles

Government of Sierra Leone purchases Innoson Vehicles for military use

Innoson Vehicles recently announced via Twitter that the Government of Sierra Leone has purchased some fleet of cars from its company.
Tony Elumelu and his disposition towards female bosses

Tony Elumelu and his disposition towards female bosses

Tony Elumelu is an accomplished businessman, a notable philanthropist, and an equal opportunity employer who likes to give everyone a chance in life.
The Minister of Finance, Zainab Ahmed

What becomes of President Buhari’s economic policies if he loses 2019 election?

As Nigeria’s highly-contested 2019 presidential election gradually approaches, there are strong indications that the electorates may decide to choose someone else (asides the incumbent), to administer the affairs of the country.
Why is Tolaram spending $1.1 billion to construct West Africa’s biggest port? 

Tolaram to spend $1.1 billion on West Africa’s biggest port 

Tolaram Group, the Indomie maker that has dominated the Nigerian instant noodles market for years, is now delving into the ports and cargo business.
Simple tips to help you choose a side business this year

Simple tips to help you choose a side business in 2020

It is smart to start thinking along the lines of a side business while you have a full-time job.
Thriving businesses around Allen Avenue’s commercial sex hub

Thriving businesses around Allen Avenue’s commercial sex hub

Apart from the notorious sex work that Allen Avenue is known for, Nairametrics understands that there are other activities people engage in at night to chase survival.
May & Baker Nigeria Plc

Rights Issue: May & Baker seriously woos subscribers, promises 2018 dividend

May & Baker has promised that investors who subscribe to the company's new rights issue will stand to receive dividends of 2018 financial year.