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...
Godwin Emefiele, CBN, Textile, CBN

CBN reveals how much Nigeria spends on fuel importation

The Central Bank of Nigeria CBN has revealed that a total of $36.371billion was spent on the importation of petroleum products into the country...
TUNDE FOWLER, EXECUTIVE CHAIRMAN, FEDRAL INLAND REVENUE SERVICE

Again, Government extends VAIDS

President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS or the Scheme) by three months. The Scheme...

Lassaco Assurance Plc records ₦6.73 billion gross premium in 2017

Lassaco Assurance PLC has released its end of the year Financial Statements for the year ended December 2017. The report shows a 10% increase in...
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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...

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...

Dangote and Black Rhino sign agreement with Kano State Government to build solar plant

Residents in Kano and environs may soon have cause to smile soon as the Dangote Group and Black Rhino have signed an agreement with...

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...

Average cooking gas price drops to ₦2090 in March

The National Bureau of Statistics NBS has released the Liquefied Petroleum Gas price watch for the month of March. Average price for the refilling...

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...

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...
Mary Uduk, SEC

SEC reveals plans to ease trans border listing

Securities and Exchange Commission SEC has revealed plans by the West African Securities Regulatory Authorities (WASRA) to harmonize existing rules used by the 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...

Buhari explains what he wants from Commonwealth States

President Muhammadu  Buhari has used the opportunity of the ongoing Commonwealth Business Forum to call on member states to come up with more beneficial...

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...

NNPC, States meet over underpayment into Federation Account

The Federation Account Allocation Committee meeting, which was scheduled to hold yesterday to consider as well as approve statutory allocation for the month of...

Despite gaining over 60%, these 5 blue chip stocks are still undervalued  

The Nigerian Stock Market has maintained its bullish run which began after the CBN introduced the Investors’ and Exporters’ Window. The window allows forex...
2017 Ford Fusion Sport 3/4 Rear View

Nigerians put on alert as Ford Motors recall 1.4 million vehicles

American Automaker, Ford has issued a safety recall on some of its newest brands across the globe. The Fusion and Lincoln MKZ brands were recalled...
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...
MTN Nigeria Limited

SEC DG confirms it is in discussions with MTN about its listing

Director- General of the Securities and Exchange Commission (SEC)  Munir Gwarzo has confirmed that the regulator is in discussion with MTN about its listing...

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...

Nigeria’s ₦4.314 trillion crude oil target now looks gloomy

Nigeria’s plan to increase its crude oil revenue to N4.314 trillion from 300 million barrels of crude oil now looks “unlikely” due to the...

Guinea Insurance releases Q1 2018 result posts 4% revenue increase

Guinea Insurance Plc has released its Q1 2018 financial results. Here are the highlights Revenue: Q1 2017: ₦270.9 million Q1 2018: ₦281.6 million %Change: 4% Profit before tax: Q1 2017: -₦31.6...

Afromedia Plc posts ₦1.7 billion loss in 2016

Afromedia Plc has released its audited financial statements results for the year ended 30th September 2016.  Turnover 2015: ₦407.25 million 2016: ₦494.4 million. %Change: 21.4% Loss before tax 2015: ₦2.7...

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...

Zenith Bank has taken a cover on 30% of its 9mobile loan – CEO

The Chief Executive of Nigeria’s Zenith Bank, Peter Amangbo said on Monday that the bank has made a provision on 30% of its loan...

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...
Facebook. Photo by Tim Bennett on Unsplash

Mark Zuckerberg responds to the data breach scandal

Facebook Billionaire Mark Zuckerberg has apologized in the wake of the recent data breach of over 50million users. The tech giant said that the world’s...

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...

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...

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

President Muhammadu Buhari has finally assigned portfolios to all the forty three (43) ministers. 
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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?