CATEGORY: COMPANIES

BREAKING: FirstNation reacts to Suspension by Nigerian aviation authorities

BREAKING: FirstNation reacts to Suspension by Nigerian aviation authorities

First Nation Airways has released a statement in response to the Nigerian Civil Aviation...


Key reasons why FirstNation was suspended from the airline business

Key reasons why FirstNation was suspended from the airline business

FirstNation has officially been suspended from scheduled flight operations, existing only as a charter...


All the major economic news from Nigeria in 5 minutes-21/8/2017

All the major economic news from Nigeria in 5 minutes-21/8/2017

Summary of the top business, economic and political news in Nigeria today. The Federal...


Company news thread for the week ended August 19th 2017 by @Ugodre

Company news thread for the week ended August 19th 2017 by @Ugodre

This is Nairametrics roundup of all the major company news from Nigeria as reported...


CRC Credit Bureau Limited announce Jobome as Chairman and other new board appointments

CRC Credit Bureau Limited announce Jobome as Chairman and other new board appointments

The Board of Directors of CRC Credit Bureau Limited has announced the appointment of...


Acquisition: Total to buy Maersk Oil for $7.45 billion

Acquisition: Total to buy Maersk Oil for $7.45 billion

Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk...



Delta to start plying JFK-Lagos route by 2018

Delta to start plying JFK-Lagos route by 2018

Delta Airlines has recently extended its service by offering its customers a new way...


Google launches Lite version of its search app

Google launches Lite version of its search app

Google has launched a Lite version of its popular search app. Users of the...


Nigerian stocks that can benefit from the new Pioneer Status Industries

Nigerian stocks that can benefit from the new Pioneer Status Industries

The Federal Government recently announced that a list of 27 new industries have been...


All the major economic news from Nigeria in 5 minutes-18/8/2017

All the major economic news from Nigeria in 5 minutes-18/8/2017

Summary of the top business, economic and political news in Nigeria today. Alternatio Navitas,...


11 DISCOs owe NBET N120 billion

11 DISCOs owe NBET N120 billion

All electricity distribution companies in the country are currently indebted to the National Bulk...


PWC and EY to audit TSA accounts

PWC and EY to audit TSA accounts

The Office of the Auditor-General of the Federation has asked Price Waterhouse Coopers and...


All the major economic news from Nigeria in 5 minutes-17/8/2017

All the major economic news from Nigeria in 5 minutes-17/8/2017

Summary of the top business economic and political news in Nigeria today. Dangote Group...


Banks involved in the Etisalat saga may have written down part of their debts

Banks involved in the Etisalat saga may have written down part of their debts

The consortium of banks that lent Etisalat $1.2 billion may have decided to make...


Dangote plans to invest Up to $50 Billion in U.S., Europe

Dangote plans to invest Up to $50 Billion in U.S., Europe

In an interview with Bloomberg Market Magazine this month, Aliko Dangote revealed his intention...


All the major economic news from Nigeria in 5 minutes-16/8/2017

All the major economic news from Nigeria in 5 minutes-16/8/2017

Summary of the top business economic and political news in Nigeria today. Director- General...


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

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...


Dangote Industries Limited to sell 800 million shares in Dangote Cement  

Dangote Industries Limited to sell 800 million shares in Dangote Cement  

Dangote Industries limited (DIL) has signalled interest in selling another stake in Dangote Cement...


Staco Insurance profit after tax falls to N202 million in H1 2017

Staco Insurance profit after tax falls to N202 million in H1 2017

Staco Insurance Plc Profit After Tax fell from N240 million in Q1 2017 to...


All the major economic news from Nigeria in 5 minutes-15/8/2017

All the major economic news from Nigeria in 5 minutes-15/8/2017

Summary of the top business, economic and political news in Nigeria today. Shell Petroleum...


First Bank appoints Executive Director for FBN Bank UK Limited

First Bank appoints Executive Director for FBN Bank UK Limited

First Bank of Nigeria Limited has appointed Mr. Tosin Adewuyi as a Group Executive of...


Pan ocean says 160,000 bpd  Amukpe-Escravos pipeline will be ready by September

Pan ocean says 160,000 bpd  Amukpe-Escravos pipeline will be ready by September

Indigenous oil operator, Pan Ocean oil says its Amukpe-Escravos pipeline will be ready by...


These banks are set to write-off over $445m Seven Energy debt

These banks are set to write-off over $445m Seven Energy debt

Creditor banks to Seven energy may have to take provisions on a $445 million...


Nigeria now has capacity to fabricate FPSO Modules -Izomor

Nigeria now has capacity to fabricate FPSO Modules -Izomor

The Group Managing Director and Chief Executive Officer of MG Vowgas Limited, Mr Godwin...


All the major economic news from Nigeria in 5 minutes-14/8/2017

All the major economic news from Nigeria in 5 minutes-14/8/2017

Summary of the top business, economic and political news in Nigeria today. Custodian and...


CAC is currently delisting Nigerian companies from its database

CAC is currently delisting Nigerian companies from its database

The Registrar General of Corporate Affairs Commission (CAC), Bello Mahmud, has disclosed that the...


All the major economic news from Nigeria in 5 minutes-11/8/2017

All the major economic news from Nigeria in 5 minutes-11/8/2017

Summary of the top business, economic and political news in Nigeria today. Zenith International...


Facebook Wants To Go Into TV Production

Facebook Wants To Go Into TV Production

Facebook has reportedly commissioned two original programmes for its video channel, signalling a move...


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

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...


NCC asks Globacom to halt free data Friday

NCC asks Globacom to halt free data Friday

Globacom subscribers who were promised free data, may have to wait a while as...