Nigeria Air

Nigeria needs $45billion to solve its transportation problem – Rotimi Amaechi

Minister of Transportation, Rotimi Amaechi, stated recently in an interview that the country needs $45 billion to solve its transportation problem once and for all.
Sim Shagaya

There is always room for your ideas, Sim Shagaya advises young entrepreneurs

If you're an entrepreneur, this advise from @SimShagaya might be all you need.
Infrastructure Credit Guarantee Company, InfraCredit, InfraCredit secures $15 million from AfDB, African Development Bank

Why AfDB is confident that Nigeria will sign the ACFTA soon

The African Development Bank (AfDB) is confident that the continent's largest country, Nigeria, will soon sign the Africa Continental Free Trade Agreement (ACFTA).
FIRS goes after tax debtors, Tax defaulters, Value Added Tax, FIRS, Federal Inland Revenue Service, Minimum Wage, Tunde Fowler

Taxpayers to display VAT registration certificates at their premises

FIRS notified the general public that it has commenced issuance of VAT certificates.

Biomass…a preferred alternative source of energy generation in Nigeria

Biomass are resources generated from plant materials like wood that can be degraded. i.e. convertible materials. And principally, it is the result of what...
NCC

NCC launches cyber-crime control centres across Nigeria

In a bid to checkmate cyber security issues in Nigeria whilst keeping in touch with global best practices, the Nigerian Communication Commission (NCC) has finalised plans to launch cyber-crime control centres (known as Emergency Control Centres) across the country.
Aerial Shot of Egbin Power Plant

Sahara Power Group partners with South Sudan for power sector development

In keeping with its vision to 'Light up Africa', Sahara Power Group (SPG) has signed a Memorandum of Understanding (MoU) with the South Sudanese Ministry of Energy & Dams to develop the country’s power sector in the generation, transmission and distribution spaces.
FCMB, NSE, Nigerian stocks, Nigerian stock exchange

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.
Mr Tunde Fowler Chairman, Federal inland Revenue Service (FIRS), Tax

How Nigeria’s tax revenue rose by N1 trillion

Nigeria's IGR increased by N1 trillion up from N2.9 trillion realised last year.
A.G Leventis

Leventis returns to winning way, declares N876 million profit after 3 years

Investors of Nigeria-based British conglomerate, A.G Leventis Nigeria PLC, have their lucky stars to thank as the firm has announced a profit of N876 million for the 2018 financial year-end after recording losses for three consecutive years.
A floating loan box: Another wonder in Lagos?

A floating loan box: Another wonder in Lagos?

Passerbys and commuters of Alfred Rewane Road in Ikoyi Lagos have spotted a huge transparent glass box filled with Nairas that float.
NIPP

Electricity not the only factor limiting Nigeria’s economy – Boason Omofaye

Earlier today, Nairametrics reported that Transcorp Nigeria Plc has plans to invest as much as $2.5 billion in the Nigerian power sector, a development that could...
Seyi Makinde

Oyo State Governor, Seyi Makinde is worth over N48bn

The Oyo State Governor, Seyi Makinde, publicly declared his assets, as a fufilment to his polictical campaign and he is worth over N48 billion.
European Union

EU declares readiness to help Nigeria achieve its renewable energy investment

The European Union recently disclosed its readiness to help Nigeria to actualise its renewable energy investment.
Nigerian Stock Exchange

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. ...
Nigerian Stock Exchange

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 Treasury Bills, bonds, FX rates, inflation, oil price.
Nigerians hit with over 60% delayed and cancelled domestic flights in 2018

Nigerians hit with over 60% delayed and cancelled domestic flights in 2018

No fewer than 36,350 cases of delayed flights were recorded in 2018 from domestic airlines operating in Nigeria, the Nigerian Civil Aviation Authority said.

Nigeria government releases oficial gazette on list of pioneer industries and products

The Nigerian Investment Promotion Commission (NIPC) recently announced the release of an official gazette (the Gazette) of the list of pioneer industries and products.
Conoil Plc, NSE, Conoil Plc's shares, NSE suspends shares from trading shares

Conoil proposes N2 per share dividend for shareholders

All things being equal, the shareholders of Conoil Plc will get a dividend payment of N2 per share for the 2018 full year soon,...

Jumia launches Jumia one app

An All-in-One Mobile App to Facilitate One-Stop Shopping For Online Transactions The new lifestyle App enables customers...
Chocolate City Group

Warner Music Group partners Chocolate City Entertainment

The partnership is aimed at growing the local artists by giving them international exposure, whilst promoting the Afrobeats.
Avengers: Endgame

Marvel’s Avengers: Endgame beats Titanic’s $2.12bn box office record

In just a few weeks following its release, Marvel's highly-acclaimed  film, Avengers: Endgame, is said to have surpassed the 21-year-old record set by Titanic which...
Nigerian National Petroleum Commission, Liquefied Petroleum Gas

Billions lost as Nigerian refineries remain inactive

Between April and November 2018, the Nigerian National Petroleum Corporation lost revenue totalling 228.1 billion due to inactive refineries.

Century Petroleum confirms reverse merger with Ibeto Group

Century Petroleum has confirmed that it has entered into a binding letter of agreement with Ibeto Cement Company Limited. In the agreement which outlines the proposed...
Hadi Sirika

Why four aviation unions commenced indefinite strike earlier today

Four aviation unions went on strike over the failure of the Nigerian Civil Aviation Authority (NCAA) to solve problems associated with perceived faulty organogram in the authority.
Governor Fayemi commissions Gossy Water

Gossy Water returns as Governor Fayemi commissions production plant

One year after the popular Gossy Water went out of business due to the liquidation of its parent company, it has re-emerged in full force.
How technology is disrupting e-commerce, FMCG distribution

How technology is disrupting e-commerce, FMCG distribution

Disruption has transformed from being a business cliché to a fearful reality, especially if businesses intend to be relevant in the coming years.  Disruptions have changed...
Nigeria, others raise over $17bn from bonds, says World Bank

Over $17bn raised from bonds by Nigeria and other African countries – World bank

The World Bank has reported that Nigeria, Kenya, Côte d’Ivoire, and other sub-Saharan African countries raised over $17 billion from bond issuances in 2018.
Nigeria losses billions over importation of iron and steel

FG loses billions over illegal importation of steel and iron

The Galvanised Iron and Steel Manufacturers Association has disclosed that the Federal Government loses about N53 billion per annum to the illegal importation of iron and steel products.

Updated: Kinnevik explains why iROKO Tv was removed from its list of its Investee Companies

Swedish tech investment company Kinnevik may have reduced the relevance of its stake in iROKOTV as it did not disclose the PayTV as one...

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GTBank, acquisition

GTBank in acquisition talks

Chief Executive Officer of GTBank Segun Agbaje has said that the bank is making plans to expand its market base beyond its present locations.
Ministerial list

President Buhari assigns portfolios to all 43 ministers [Full-List]

President Muhammadu Buhari has finally assigned portfolios to all the forty three (43) ministers. 
Top Adverts in Nigeria

See the top ten adverts in Nigeria at the moment

So far in 2019, many companies have done the most in this regard. We have seen some of the most creative advertisements in the forms of radio jingles, TV adverts, web banners, etc. But are all of them having quite the impact?