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. 
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?
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...
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.
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.
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.
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. 
Oby Ezekwesili

Ezekwesili finally speaks on economic plans as presidential bid intensifies

The flagbearer of the Allied Congress Party of Nigeria (ACPN) Dr Oby Ezekwesili, has tabled her plans for revamping the struggling economy.
Remita, Verve

You will now bear the cost every time you use Remita to pay the...

Nigerians who use Remita to make payments into the TSA would have to bear the costs associated with using the platform. 
African Securities Exchanges Association

Why Arumah Oteh is clamouring for the listing of African SMEs

African Exchanges have been urged to encourage the listing at least 44,000 SMEs out of the 44 million SMEs currently operating on the African continent.
Tax Waivers for startups - Emotional intelligence

Things you should know before starting a business

The CEO of AfriSwiss Capital Assets Management Limited, Kalu Aja, recently shared some important tips on how to run a successful business. Take a look...
MTN Group Chairman Phuthuma Nhleko, MTN responds to Board change rumours, Bloomberg report, Public Investment Corporation, Funso Aina, MTN, Public Investment Corporation

Update: CBN waves white flag at MTN once more

Central Bank Governor, Godwin Emefiele in a brief today revealed that the $8.1billion dividend MTN Group Limited illegally moved abroad may get reviewed.
Licensed Micro-finance Banks

Ugodre explains all you need to know about the CBN’s rate cut

tHE Founder and Publisher of Nairametrics, Mr Ugo Obi-Chukwu, used his Twitter page to explain the implications of CBN's recent cut of MPR rate.
Stephanie Idolor finally gets N2m for making the viral schoolgirl video

Stephanie Idolor finally gets N2m for making the viral schoolgirl video

Stephanie Idolor, the young Nigerian woman who videotaped the young schoolgirl that was sent out of school for failure to pay her tuition, has finally been compensated.
L-R, Non-Executive Director Dangote Cement Plc, Emmanuel Ikazubor, Chief Executive Officer of The Nigerian Stock Exchange (NSE) Oscar Onyema, Group Managing Director/ Chief Executive Officer Dangote Cement Plc, Engr. Joseph Makoju, Non-Executive Director Dangote Cement Plc, Ernest Ebi, Group Chief Finance Officer Dangote Cement Plc, Brian Egan, at the Dangote Cement Plc Closing Gong Ceremony, Floor of Nigerian Stock Exchange Lagos on 6th June 2018.

Daily update on Treasury Bills, Bonds, Forex, oil price and more

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as T-bills, bonds, FX rates, inflation, oil price.
Access Bank Plc

Don’t let people make you think less of yourself – Herbert Wigwe

Nigerian billionaire and CEO Access Bank Plc, Herbert Wigwe, has advised his followers on the importance of always believing in themselves.
MTN Nigeria Plc

The CBN vs MTN logjam could have ripple effects – Analysts

As the conversation continues about the CBN order requiring MTN to repatriate $8.1 billion to Nigeria as well as the sanctions imposed on 4 banks,...
Avengers: Endgame

Nigerians spent N304m in one week just to watch the ‘Avengers: Endgame’ film

The Marvel blockbuster film 'Avengers: Endgame' apparently has lots of Nigerian fans, because available data has shown that the film grossed N304 million across Nigerian cinemas in its first opening week.
Billionaires

A breakdown of how some billionaires gained and lost money last week

The NSE All Share Index declined by 12.42% to close out the month of August. What this means, therefore, is that people lost money; including some billionaire investors lost money.
World Bank, Mineral

World Bank cites Nigeria and others as causes of slowed growth in Africa

The World Bank, yesterday, disclosed how slowed economic growth in some key African economies - Nigeria, South Africa, and Angola - is affecting the rest of the continent.
MTN Nigeria, NCC

Here’s why ATCON has issues with CBN’s decision on MTN

The Association of Telecoms Companies of Nigeria (ATCON) has voiced support for their member, while criticising the apex bank's decision. 
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.
the largest billboard in the world

FCT Minister halts construction of world’s biggest billboard in Abuja

The original location of the billboard was earlier disapproved by FCT authorities because it was close to an area mapped out for the new city gate.
Cadbury Nigeria Un-audited Interim Financial Information, OK Foods Limited has sued Cadbury UK Limited

OK Foods Limited is suing Cadbury for N260 million over trademark claims

OK Foods Limited has slammed Cadbury UK Limited (the parent company of Cadbury Nigeria Plc) with a N260 million lawsuit following Cadbury's claim of trademark violation by the plaintiff.
Lagos clears tankers for Buhari

Lagos clears tankers off roads as President Buhari prepares to visit

There has been an unexpected removal of all the tankers and other heavy duty trucks that typically constituted hazards on major roads in the city-state.
Cadbury Nigeria Un-audited Interim Financial Information, OK Foods Limited has sued Cadbury UK Limited

OK Foods Limited is suing Cadbury for N260 million over trademark claims

OK Foods Limited has slammed Cadbury UK Limited (the parent company of Cadbury Nigeria Plc) with a N260 million lawsuit following Cadbury‘s constant claims of trademark violation by the plaintiff.
Akin Alabi, Value selling,

NairaBet’s CEO has an interesting business idea for you

The Founder and former CEO of NairaBet, Akin Alabi, recently shared a new business idea via his Twitter page, whilst urging his followers who are capable of it to harness the idea.
Oando Plc, Wale Tinubu

Wale Tinubu pivots into Music with JAT Records as he celebrates birthday

Neither Oando or the SEC is stopping Wale Tinubu from celebrating his birthday and sharing his excitement of his new career.
Cheng-Fa Nigeria Limited

A Chinese company just got shut down in Lagos; here’s why

Aokete Lighting Electronics Ltd has been sealed off by a special task force of the Importers Association of Nigeria over an alleged illegal business operation in the country.
Shell OML 11

Shell plans $2 billion investment in Kano Electricity Distribution Company

Global oil giant, Shell, is set to invest $2 billion in Kano Electricity Distribution Company in the next three years.

Popular

Disney, Apple

Bob Iger resigns as competition stiffens between Apple and Disney

The CEO of Walt Disney Co, Bob Iger has resigned from Apple Inc’s Board of Directors as competition stiffens betwen the companies.
 BPP statements on inflated contracts, misleading - Fashola alleges  , FG to construct, fix 14 roads with N166 billion 

FG to construct, fix 14 roads with N166 billion 

Following the memorandum sent by the Ministry of Works and Housing to the Federal Executive Council, the Federal Government (FG) has approved the sum of N166 billion for the construction and rehabilitation of 14 roads across Nigeria.
Ex Finance Minister Zainab Ahmed, explains why VAT will rise to 7.5% next year

This thread exposed everything that’s wrong with Nigeria’s VAT

There are reasons why it may be wrong to compare VAT in Nigeria with that of other countries. Our VAT is not a proper VAT.