FSDH Merchant Bank Limited, CBN, Godwin Emefiele, Balance of Payment

FSDH worried over Nigeria’s balance of payment despite CBN’s optimism

As the economic mainstay remains oil and gas, FSDH is worried about Nigeria's Balance of Payment.
Zainab Ahmed, Nigeria's Population

8 Key Facts about the Treasury Single Account (TSA) policy

With the general elections now over, it seems a good time to reflect on one of the major success stories of the current government...

Julius Berger declares final dividend for FY 2018

Julius Berger Plc has declared to pay a final dividend of N2.00 per 50 kobo share for the financial period ended Monday, December 31,...
NNPC, Nigerian National Petroleum Corporation, Port Harcourt Refinery complex, Tecnimont

NNPC commences rehabilitation of Port Harcourt’s refinery to boost local supply

The rehabilitation exercise comes 19 years after the last Turn Around Maintenance (TAM) exercise.
Cadbury Nigeria Plc

Cadbury Nigeria Plc to pay final dividend for 2018 financial year

After reporting a profit after tax of N823 million in FY 2018, Cadbury Nigeria Plc declared a final dividend of N0.25 kobo per N0.50 kobo ordinary share.
Nigeria mining

Nigeria’s Mining Sector shows growth prospects, despite low credit provision

The Federal Government of Nigeria needs to build and implement a robust regulatory framework for the mining sector.
Ahmed kuru AMCON

AMCON boss wants courts to have debt recovery powers

AMCON Managing Director, Ahmed Kuru has advocated for a renactment of the Failed Banks Act. The then act gave tribunals the power to recover debts owed failed banks.
Herbert Wigwe, GMD of Access Bank Plc

Networking is beyond handshakes and exchange of cards – Herbert Wigwe

Herbert Wigwe, the GMD Access Bank Plc, recently took to Twitter to highlight what a good business networking entails.
Central Bank of Nigeria, Godwin Emefiele, Largest palm oil producers, CBN, Licensed Microfinance Banks, Recession in Nigeria, Monetary policy, Inflation rates globally

Brace for impact as CBN expects inflation to rise to 12%

If or when the inflation rate rises, it may trigger an increase in the cost of living. This is because hike in prices influences inflation rate.
Julius berger

Julius Berger Nigeria Plc revenue hits N194 billion in FY 2018

Julius Berger Nigeria Plc made a total of N194 billion as revenue for the financial year ended December 2018.
Early Metrics rates Konga, Zinox acquires Konga, Konga joins Intel's Retail Accelerator Programme

Early Metrics rates Konga high among league of global Startups

Early Metrics' ratings support decision makers such as investors and corporates in identifying innovative startups worthy of their time and money.
BUA and Wartsila Oy of Finland sign 48MW Power project for Sokoto Line 3

BUA and Wartsila Oy of Finland sign 48MW Power project for Sokoto Line 3

This is coming two months after BUA announced that it has signed a contract with world’s renowned cement manufacturing company, CBMI.
Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
OneFi acquires Amplify, Paylater, Fintech companies

OneFi acquires Amplify as part of its one-stop-shop drive

The acquisition will see OneFi take over Amplify’s assets, tradements, and flagship products.
Chartered Institute of Stockbrokers, Nigerian Stock Exchange, NSE

Access Bank tops volume chart once more

The Nigerian Stock Exchange closed in the red today. The All Share Index ended today’s trading session at  30,885.31 basis points, down 0.50%. Year to date, the index is down 1.73%
Farmcrowdy, Poultry Farm

Farmcrowdy secures additional $1m, prepares to scale enterprise

The money comes as the agri-tech company readies itself for an upcoming Series A fundraising later in the year.
Diamond Bank shareholders approve merger at EGM

Court Sanction of Access Bank Plc and Diamond Bank Plc’s Scheme of Merger

Diamond Bank Plc. (“Diamond Bank”) announces that the Federal High Court of Nigeria has on March 19, 2019 sanctioned the Scheme of Merger pursuant to which Access Bank Plc will acquire the entire issued share...
Telecommunication companies, Telecoms, Call tariffs, Taxes and levies

Telecoms operators consider charging tariffs based on States

MTN and other service providers may start charging you more based on the state you are resident in. The reason why will interest you...
Jaiz Bank Plc expands footprint in Nigeria with new branches

Jaiz Bank Plc expands footprint in Nigeria with new branches

The new branches have increased the total network of the branch to 39.
Like MTN, is Airtel Nigeria considering listing?

Like MTN, is Airtel Nigeria considering listing?

Airtel Nigeria is holding talks with the Nigerian Communications Commission and other regulators, over a possible listing on the NSE.
Google fined N613.1bn for AdSense clauses

Google fined N613.1bn for AdSense clauses

The company has been accused of using its market dominance to dictate the activities of rival online search advertisers such as Yahoo.
US tech billionaires

Meet top 10 richest US tech entrepreneurs

Entrepreneurship is a very laborious job and keeping up to its trend can be quite hard. But as they said, hard work pays.
Air Peace

Air Peace acquires B777 Aircraft, defends order of banned B737-Max8

In preparation for its international operation, Nigerian carrier, Air Peace, has taken delivery of its third Boeing 777-300 aircraft.
Cadbury

Cadbury Nigeria Plc records N35.9 billion revenue in FY 2018

Cadbury Nigeria Plc has released its results for the 2018 financial year. Here are highlights of the results.  Revenue  Revenue increased from N33 billion in 2017...
FIRS set to go after millionaire tax defaulters

FIRS boss Tunde Fowler denies pushing for increase in VAT charge

In a series of tweets from its twitter handle, the Federal Inland Revenue Service (FIRS) has clarified media reports its Executive Chairman, Tunde Fowler...
Electricity Distribution

How to get rid of ‘outrageous’ electricity bills

Ideally, the amount of money paid by an electricity consumer should depend on the number of appliances used.
LCC e-Tag glitch gives Lekki commuters a temporary tax rebate

LCC e-Tag glitch gives Lekki commuters a temporary tax rebate

Commuters can be forgiven for thinking that fortune has smiled on them and blessed them with free rides.
Nigeria generated N4.59 trillion from VAT in just 5 years

Nigeria generated N4.59tn from VAT in just 5 years

Over the past two years, VAT improved most in 2017, but slightly dropped in 2018.
Shoprite, SPAR International, Supermarkets chains, Growth outlook

Superstores in Nigeria: Can SPAR and Shoprite’s business models keep them afloat?

The two superstores worthy of note in Nigeria are Shoprite and SPAR.
CBN to stop culprits from opening account

Does the CBN’s N10,000 fine for delayed wrongful debit refunds still apply?

Recently, an angry Nigerian man called out the CBN on Twitter, complaining about how his mother's account was wrongfully debited after a failed transaction.

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shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
Businesses in Nigeria | Make money from a single product

How to make $1bn from a single product in Nigeria

Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.