How Federal Government plans to increase VAT to 7.2% affects you

P&ID: President Buhari issues strong warning to international firms 

President Muhammadu Buhari has issued a strong warning to international firms aiming to defraud the country (Nigeria)
sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms

The Nigerian Stock Exchange ends the week bullish

The Nigerian Stock Exchange (NSE) ended Friday’s trading session in positive territory. The All-Share Index closed at 27,698.69 basis points, up 1.19%.
John Asein, creative industry ,

Nigeria collaborates with the United States to push creative industry 

It seems to be the creative industry’s season as Nigeria is set to collaborate with the United States to boost the creative sector.
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...
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.
Mutual Funds

Common Mistakes Mutual Fund Investors Make

Buying mutual funds of similar characteristics, is a major reasons that people invest in mutual funds is diversification.
800 Chinese firms to participate in Lagos International Trade Fair 

800 Chinese firms to participate in Lagos International Trade Fair 

About 800 Chinese firms are expected to participate in the 2019 edition of the Lagos International Trade Fair.  
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.
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.
First Bank of Nigeria Limited

First Bank reiterates commitment to continue lead on digital banking

Adesola Adeduntan, the CEO of First Bank of Nigeria Limited, has disclosed the bank's commitment to keep up with its objective of driving digital banking.
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.
Tayo Oviosu

Tayo Oviosu shares his entrepreneurial experience as Paga clocks 10

Tayo Oviosu, the Founder and Chief Executive Officer of the mobile payments company Paga, took to Twitter, yesterday, to share his entrepreneurial experience. In a question...

These are some of the best “Lazy Nigerian Youth” response to Buhari

Nigerians have reacted to the comments made by President Muhammadu Buhari at Commonwealth Business Forum in London accusing much Nigerian youth of laziness. Speaking at the...
Small Businesses in Nigeria

Nigerian SMLEs believe businesses will thrive in 2019

Stakeholders in the mall, medium and large enterprises (SMLEs) in Nigeria have expressed optimism for economic growth in the country.
Ambassador Ayoola Olukanni

Nigerian Businesses spend N5 trillion yearly on power generation

The inadequate power supply situation in Nigeria has been identified as a major challenge facing many businesses in the country.
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.
Juice. Courtesy- Roberta Sorge via Unsplash

Coca-Cola Nigeria will start Juice production to boost revenue

The parent company of Coca-Cola Nigeria, Coca-Cola HBC, has revealed that it will prioritize the production of plant-based beverages, juice smoothies, and PET juice packaging...
Caramelo Bar

Caramelo Bar’s owner laments over N500m loss following demolition

Mr Maxwell Eze, the owner of exquisite Abuja-based nightclub, Caramelo Bar, has expressed his dismay after government officials destroyed his N500 million bar.

Gas shortage cut cement manufacturers output capacity by 36%

The Cement Manufacturer Association of Nigeria (CMAN) said the shortage in gas supply has compelled cement manufacturers in Nigeria to produce 36% lesser than...
IMF, tax, rate, Buhari’s Budget of Sustaining Growth & Job Creation (Full text) 

IMF: Increase tax rate to manage fiscal crisis?

Nigeria’s tax revenue to GDP ratio remains one of the smallest in the world which implies there exists a strong revenue potential from taxes.

Game Over: MMM takes a bow

Controversial online Ponzi scheme MMM has finally announced its close of operations. This is a sequel to the death of its founder Sergei Mavrodi last...
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.

Sun Trust Bank announces new Board Chairman

The Board of SunTrust Bank Nigeria Limited (SunTrust Bank) has announced the appointment of Mr. Jibril J. Aku as Chairman of the bank succeeding...
NIPP, GenCos to halt supply if NBET insists on new service charge, Gencos want Discos’ job as it seeks to sell electricity directly to customers 

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...
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.
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.

Airbnb announces plan to go public  

Airbnb has announced its plans to go public in 2020. This is according to a statement released by the company
Nigerian Communications Commission, NCC set to probe telcos over N165 debt , NCC moves to track cybercriminals , Will there ever be a day the NCC withdraws a Nigerian telco’s license? 

Improve service quality or risk sanction – NCC warns Telcos 

Telecommunications service providers have been warned by the NCC to improve their services or face sanctions. 

Nigerian-owned shops reopen in Ghana after weeks of forced shut-down

Nigerian small business owners in Ghana have finally reopened their shops after months of alleged Government-backed shut-downs.  

Police in US arrest white “Nigerian Prince” for sending 419 mails

Slidell Police Department in the United States have arrested a white man, who poses as a "Nigerian Prince" to defraud unsuspecting victims of their...