The Federal Government has lost not less than N6 trillion across all sectors of the economy as a result of the gridlock in the Apapa area of Lagos State.
From the late 1970s to early 2000s, @mrbiggsng was the most sought-after fast food restaurant, but 46 years later, the company is gradually winding up, becoming a fading memory in an era of competition; the fall of this giant will, however, cost Nigerians a lot.
In order to capture digital transactions in the country, the Securities and Exchange Commission (SEC) is making amendments to its rules which it also believes would combat crime in the capital market.
@vfdgroup may take a key stake in Abbey Mortgage Bank Plc, through a private placement. Shareholders of the bank gave approval at its AGM held this week.
The National Bureau of Statistics released its June 2019 Consumer Price Index showing inflation rate rose 11.22% year on year, the slowest rise in...
@GSMA has revealed that Sub-Saharan Africa is the world’s fastest-growing mobile region. With an economy valued at more than $150 Billion in 2018, the region is expected to maintain this position in the coming years.
@VFDGroup has announced it will be exiting from automobile dealership company, Germaine Auto Center (GAC). The development is contained in a press statement sent to Nairametrics.
Report has shown that the prices of Gas and Diesel dropped in Jun 2019, while consumers paid more for Kerosene across the country
A viral video online has suggested that some 'Agberos' are stopping popular motorbikes hailing services, Oride, Gokada, MAXng riders in Lagos demanding for N500 tax.
Africa’s leading financial institution, Access Bank Plc, has emerged winner of the 2019 Karlsruhe Sustainable Finance Awards.
After months of eager anticipation, hopes were not entirely dashed after President Muhammadu Buhari has finally approved the immediate implementation of N30,000 new minimum wage to lowest cadre workers.
The rate at which skilled workers are emigrating from Nigeria to more developed regions has increased significantly over the past four years, as more...
President Muhammadu Buhari has ordered the immediate implementation of the N30,000 new minimum wage, but it is not for everyone.
Banks are relying on credit bureau operators to comply with CBN's 60 per cent Loan to Deposit Ratio (LDR) policy. This is according to CRC Credit Bureau.
The International Monetary Fund (IMF) is hunting for a new chief following the resignation of its Managing Director (MD), Christine Lagarde.
The average pump price of premium motor spirit (popularly known as Petrol) increased by 0.2% in June 2019. This is revealed in the latest Petrol price watch data released by the [@nigerianstat]
AfDB has barred Lutoyilex Construct Limited and its Managing Director, Bamidele Obiniyi for a period of 36 months over alleged fraudulent practices.
Staff of @MTNNG have reportedly been told to stay back at home after the company received a warning of a planned protest by Nigerian students.
See the best Nigerian mobile banking apps in H1 2019 #Banking #Apps
Experts in the Nigerian fledgling insurance industry have bemoaned the current spate of improper discounts on premium rate being granted by some underwriters to their clients. The insurance practitioners described the practise as unfavourable to business.
@nsenigeria ended Tuesday’s trading session in negative territory. The All Share Index closed at 28,200.88 basis points, down 0.4%. Year to date, the index is down 10.28%.
The [@SECNigeria] has issued a notice to begin the commencement of the verification exercise for 4,160 Nigerians who participated in an illegal investment (known as Ponzi Scheme) organized by Dantata Success and Profitable company (DSPC).
Jim Ovia has called on the @centbank Governor, Godwin Emefiele to create the enabling environment to help empower and blossom the Nigerian youths.
@NgComCommission has announced that it remitted the sum of N51.3 billion to the Federal Government as part of the revenue generated in the first quarter of 2019.
Fidelity Bank Plc has advanced the Development Bank of Nigeria's (DBN) N28 billion funding to promote SMEs in the country.
The management rights of Abraaj Private Equity Fund IV (APEF IV) and Abraaj Africa Fund III (AAF III) has been taken over by @ActisLLP, in a bid to steady the ships after months of investor confrontation and criminal charges against the firms senior executives.
Nigeria's evolving internet market has just hit another milestone, as the latest statistics released by the Internet World Stats revealed that the country now ranks 7th in terms of countries with the highest number of internet users in the world.