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...
monetise your hobbies

Point of Sale transaction value hits ₦144 billion in February

Figures from the Nigeria Inter-Bank Settlement Scheme NIBSS shows the total number of active Point of Sale PoS terminals in the country to be...
Transcorp hotel

Olorogun O’tega Emerhor retires as Transcorp Hotels Chairman

Transcorp Hotel Plc has announced the retirement of its chairman and non-executive Director Olorogun O'tega Emerhor. In a statement by the company, it also...
Nigerian capital market

FBN Holdings announce new appointments for its subsidiaries

The management of First Bank Nigeria FBN Holdings has announced some new appointments. The management announced Olawale Ariyibi as Chairman of the Board, FBNQuest Capital...
Yemi Osinbajo

Osinbajo lament banks’ poor lending culture to SMEs

The Vice President, Prof. Yemi Osinbajo has lamented the low impact of commercial banks on Nigerians nothing that no fewer than 40% are still...

Indonesian Government wants more crude oil supply from Nigeria

The Nigerian National Petroleum Corporation (NNPC) has received a request from the Indonesian government to supply it more volumes of Nigeria's crude oil blends to...

US-based Krispy Kreme Doughnut officially launches in Nigeria

Krispy Kreme Doughnut Corporation, a United States-based food company has formally made its entrance into the Nigerian market. At the pre-launch of their doughnuts at...
company-news

Corporate News Roundup for the week ended March 3, 2018

This Corporate News Compilation for the week ended March 3rd, 2018 is brought to you by Bluechip Technology Ltd Nigeria. 1. Google announced last week that it...

Nigerian brands on alert as Facebook revises news feed algorithm

The recent announcement by social media giant Facebook of a change in its newsfeed algorithm has claimed its first casualty. Recall that Facebook had earlier...

Nigeria’s Manufacturing Index expanded in February

The Central Bank of Nigeria has released the Manufacturer's Purchasing Managers' Index PMI survey report which hit 56.3 index points in February indicating an...

This is what IMF thinks about Nigeria’s economic recovery

The International Monetary Fund IMF has predicted that Nigeria will “muddle through” with its economic policies in the medium term. According to Reuters, the Washington-based international...

Nigerian Labour Congress has proposed ₦72,000 as the new minimum wage

Apparently succumbing to persistent agitation by the Nigeria Labour Union, coupled with the prevailing economic realities public workers across the country face, the Buhari-led...

‘Uber Chap Chap’ maybe on its way to Nigeria soon

Uber, the leading ridesharing app is currently testing the “Uber Chap Chap”, service in Nairobi, Kenya. According to Reuters, the introduction of the new service...
Oriental Energy Resources Limited, Mobil Producing Nigeria Unlimited

How Nigeria losses N24 billion to Imported fuel monthly

The Minister of Power, Housing, and Works Mr. Babatunde Fashola has revealed that Nigerians consume 300 million litres of Diesel monthly, more worrisome is...

Why the future belongs to firms that embrace blockchain

If 2017 was the year of blockchain early adoption by mainstream businesses, 2018 to 2027 will be the decade blockchain solutions will be disrupting...

Matatu, ‘Keke-uber’ signs partnership deal with Bajaj Motorcycle.

Early in the year, there were predictions that certain startups that might struggle in 2018. One of the highlighted startups is Matatu, founded by Samuel Ajiboyede who...

This new Unexplained Wealth Order will boost VAIDS compliance

In its bid to raise the awareness on tax payment and generate more revenue from the non-oil sector of the economy, the Federal Government...
Abi williams - nairametrics

91% of SMEs using Facebook app record revenue growth

Facebook, in its recent Economic Impact Study, revealed the growing importance of digital platforms to Small and Medium Scale Enterprises (SMEs) in Nigeria. The Social media giant...

Shareholders to meet as PCMN delists from NSE, reverts to private status.

Shareholders of Paints and Coatings Manufacturers Nigeria (PCMN) Plc are scheduled to meet and vote on sub-joined resolutions that will see the company revert...

SureRemit raises $7million from ICO for digital voucher system rollout

SureRemit has announced it raised  $7m on the initial coin offering market ( ICO). Using a digital voucher platform and network of local merchants...

TSA: Keystone Bank denies allegation of hidden government funds

Keystone Bank Limited has denied having in its custody any illegally hidden money belonging to the Federal Government of Nigeria or any of its...

These Nigerian songs are about to cost Multichoice N5.9billion damages

A Federal High Court  has delivered judgement in a suit filed by Multichoice Nigeria Limited against Musical Copyright Society of Nigeria Ltd.(MCSN)/GTE. It would be recalled...

Bharti Airtel targets strategic acquisition,market expansion.

The African arm of India's Bharti Airtel, led by Nigeria, appeared to be on the upward swing, as the region reported a profit of...

Access bank grants male staff paternity leave

Tier one lender, Access Bank Plc has announced a change in its human resources policy for its staff. Men whose wives have given birth...

These Nigerian banks have been listed for African awards

Nominees have been announced for the Banks of Africa Advertising Awards billed for February 23 at the Johannesburg Stock Exchange, South Africa. This year’s event...

Delay in Lagos-Ibadan rail project explained.

The Minister of Transportation, Mr. Rotimi Amaechi, has expressed worry about a number of unforeseen challenges affecting the construction of a standard gauge railway...

Contract breach: Court awards $10 million damages against shoprite

Nigerian firm, AIC Limited has been awarded $10 million as damages against South African retail giant, Shoprite Checkers (PTY), Limited and its business partner,...

Dispute Resolution: Access Bank upgrades ombudsman for better performance

In line with its reputation for adopting best practices in all facets of its operation Access Bank has announced the upgrade of its customers...

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...

Polio Debt: Gates Foundation agrees to repay Nigeria’s $76m debt.

Nigeria has given the its green light to Bill and Melinda Gates Foundation to start the repayment of 76 million dollars polio eradication facility...

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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.