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Mark Essien Startups

Mark Essien explains why tech firms should always give newbies a chance

Popular Nigerian entrepreneur and the CEO of Hotels.ng, Mark Essien, recently explained why it is of uttermost importance for Nigerian technology firms to always avail young and inexperienced tech talents a chance.
Seyi Makinde

Seyi Makinde’s assets to be verified by Code of Conduct Bureau

Oyo State Director of Code of Conduct Bureau disclosed that he was waiting for a directive from the agency’s head office to verify the N48 billion assets declared by Governor Seyi Makinde.
Saleh Mamman, Minister of Power

Power Sector: 11 DisCos recorded N1.67 trillion revenue shortfalls in 5 years 

Electricity Distribution Companies (DisCos) in Nigeria suffered huge revenue shortfalls in the tune of N1.67 trillion in the past five years.  

How to make side money from the World Cup

Here is a quick list of things you can engage in during this period of the World cup that will sure get you some cash.
Nigeria and Vietnam approve visa waiver amidst rice talk that threatens business ties 

Nigeria and Vietnam approve visa waiver amidst trade talk uncertainty

Nigeria and Vietnam have signed a Memorandum of Understanding (MOU) on waiver of visa requirements to encourage business trade
stock, market, stock market, Nigerian Stock Exchange

The Stock Market closes in positive territory

The Nigerian Stock Exchange (NSE) ended Monday’s trading session in positive territory. The All-Share Index closed at 27,565.09 basis points, up 0.14%.
Nigerian Equity Market

Market/economic insight: the weekly brief (December 3rd– 7th 2018)

The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) down by 0.02% WTD to close at an...
revenue, FSDH, Buhari to release N600 billion for capital expenditure in 3 months, Nigeria @ 59: President Muhammadu Buhari’s speech, Buhari’s Budget of Sustaining Growth & Job Creation (Full text) , See what FSDH is saying about the 2020 budget and FG’s revenue drive , Nigeria recoups N594.09 billion from whistleblowing policy in less than 3 years , Buhari seeks speedy approval of the 2016/2018 external borrowing plan , Finance Bill to use banks as agents to tax Nigerians , FG battles 6 oil firms for failure to remit N20 trillion  

In Nigeria’s downstream, the gloom persists

With earnings season now over, we have yet another opportunity to take more than a cursory glance at the H1:2019 financial scorecards for Nigeria's downstream segment
How Federal Government plans to increase VAT to 7.2% affects you

Customs have no right to seal our marts – Automobile dealers to Buhari 

NAAM has called on President Muhammadu Buhari to intervene in the matter between auto dealers in the country and the Nigerian Customs Service. 
Stock, stock, trading, Nigerian-stocks

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. Seplat Eurobond...
Sunday Thomas, Naicom

NAICOM wants to integrate all insurance transactions into an online portal, here’s why 

The acting Commissioner of the National Insurance Commission (NAICOM), Sunday Thomas has announced the launch of a portal that will integrate all insurance transactions
thomas cook

Thomas Cook’s bankruptcy threatens tourism 

British Travel Company and airline, Thomas Cook has shut down and declared bankrupt leaving 600,000 people stranded across the world.   

Banks explain why they have no confidence in a ‘Teleology owned’ 9 Mobile

Nigerians Banks have expressed reservations at 9 Mobile's ability to remain viable post-acquisition by Teleology. Banks are concerned of the sustainability of 9 Mobile...
Forte Oil

Shareholders approve Forte oil restructuring plans

Shareholders of Forte Oil Plc have approved the company's plan to restructure its business operations. At the 39th Annual General Meeting (AGM) in Lagos, shareholders...
stock, market, stock market, Nigerian Stock Exchange

FCMB Group, Access Bank, Transcorp earn most traded stocks

Friday’s trading session ended in negative territory as the All-Share Index closed at 26,533.78 basis points, down by 0.19%.
IMF, tax, rate, Buhari’s Budget of Sustaining Growth & Job Creation (Full text), Nigeria generates N1.36 trillion from corporate tax, others as oil revenue drops , Nigeria-Algeria highway gets Buhari's approval , Earnings from rich petroleum resources not enough to cater for Nigeria – Buhari , Tax: Buhari appoints Muhammad Nami as FIRS boss

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.

Julius Berger targets 25% surge in 2018 revenue

Managing Director, Julius Berger Nigeria Plc, Wolfgang Goetsch says the company forecasts a 45 percent jump in 2018 revenue as the country recovers from a...
mining

Expert says Federal Government can make $280 billion from iron ore every year 

Experts have opined that the Federal Government can make a lot of money from mining if well exploited. 
Ponzi, SEC, SEC, FCCPC sign MoU to simplify merger process for quoted companies, Rights issue dominates quoted companies capital raise in 3 years 

SEC advises Afribank shareholders to claim dividends 

As part of its move to protect investors, the Securities and Exchange Commission (SEC) has advised shareholders of Afribank Plc to claim their dividends.
Isa Patanmi

Over 2.2 million unregistered telephone lines blocked 

Not less than 2.2 million improperly registered sim cards have been disabled from functioning across the country.
Halima Alao

Halima Alao steps down from UPDC Board  

UACN Property Development Company Plc (UPDC) has announced the resignation of its board member, Halima Alao.
Netflix inks another Nollywood deal 

Netflix addresses streaming war between Apple and Disney 

Netflix has addressed the brewing competition in the streaming market space, as the launch of Apple+ and Disney+ are fast approaching. 
Online reviews

How to get online reviews in 4 easy steps

Online reviews help your business rank higher in Google, so if your business doesn’t have any golden stars there are ways you can change that.

Taxing Nigeria’s fledgling economy: between tax penetration and economic recovery (1)

Nigeria has rolled out another tax amnesty scheme. Backed by Presidential Executive Order No 8 signed on 8 October 2018, Voluntary Offshore Assets Regularization Scheme (VOARS) became the latest effort at combating money laundering and tax evasion.
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.
Nigerian Stock Exchange, Nigerian Stocks

Omoluabi, UAC Prop, Zenith Bank lead most traded chart on Wednesday

The trading session ended Wednesday in positive territory as the All-Share Index closed at 26,397.94 basis points, up by 0.12%.
Customer, business, Polarization: How, attract, right, customers, ‘’wrong’,’ ones, out, A guide to identifying your profitable customers and improving your sales (1)

How to use before and after photos to get more customers

It is no secret that before and after pictures show transformation and can grab users’ attention.
AIRBNB

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

UAC Plc turnover surges to ₦ 89 billion in 2017

UAC of Nigeria PLC has released its financial statements for the year ended December 2017. The report shows an 8% increase in revenue from  ₦82.6...
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)