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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.
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.
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.
Alleged 500bn Fraud: The CBN and others should be investigated for posterity's sake

Federal Executive Council approves N35.94bn road contracts in six states

The Federal Executive Council has approved road contracts worth N35.944bn in six states of the federation, the Federal Ministry of Power, Works and Housing announced on Sunday.
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.
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. 
Austin Okere

CWG’s Founder teaches the importance of hiring the right staff

Austin Okere, the man who founded leading IT firm, CWG Plc, recently spoke on the importance of putting the right persons to head key positions in any business organisation.
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.
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.
Sugar Surge in Nigeria

Nigeria spends N57.2bn on sugar importation as Dangote Sugar records profit decline

Efforts by the Government to curb importation of sugar has failed as report shows that Nigeria currently spends N57.2 billion on sugar importation.
Minister of Finance Zainab Ahmed, VAT

Increasing debt servicing cost deters investors from investing in Nigeria

Report has it that the cost of servicing government debt in Nigeria is limiting foreign investors from investing their money in the country.
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.
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...
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.
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.
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.
Libra

Facebook sues company for selling ‘fake likes and followers’ to people

Online social media and networking service, Facebook, is suing a company and three individuals in Zealand for allegedly selling fake likes, views, and followers to users of its photo-sharing platform, Instagram.
UBA H1 Year 2019 Tony Elumelu, United Bank for Africa

Government should create favourable tax policies for SMEs – Tony Elumelu

Nigerian businessman, Tony Elumelu, has advocated the need for the Nigerian Government to provide favourable tax policies for Small and Medium Enterprises.
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.
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.
Nigerians vent about not getting international jobs once they mention they are from Nigeria

Despite 3 years unemployment, graduate rejects a driving job because it’s demeaning

A Nigerian lady identified as Anita M.V. Erskine on Twitter, recently recounted her experience with a Nigerian graduate who has been unemployed for three years.
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.
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.
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...
2nd Annual PEBEC Awards Recognises MDAS, PUBLIC & Private Sector Supporters for Improving Nigeria's Business Climate

2nd Annual PEBEC Awards Recognises MDAS, PUBLIC & Private Sector Supporters for Improving Nigeria’s...

The Presidential Enabling Business Environment Council (PEBEC), has held the second Annual PEBEC Awards in Abuja, Nigeria.
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.
Akin Alabi, Value selling,

Akin Alabi gives advice to potential sports business entrepreneurs

According to Akin Alabi, potential entrepreneurs in the sports betting space should be prepared to pay out as much as 90% to 97% of income to winners.
Entrepreneurship isn't all that glamorous - Jason Njoku

Entrepreneurship isn’t all that glamorous – Jason Njoku

Nigerian entrepreneur and CEO of Iroko TV, Jason Njoku, recently took to his Twitter page to make it very clear that entrepreneurship is not a glamorous affair.
Solar energy, EU, Adamawa

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.
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...