N3 trillion required to provide short-term relief and replace damaged infrastructure - NEMA 

N3 trillion required to provide short-term relief and replace damaged infrastructure – NEMA 

NEMA has disclosed that to tackle and address the various disasters across the county, it would need nearly N3 trillion.
Seven Energy Group sells assets, as British petroleum firm completes acquisition   

Seven Energy Group sells assets, as British oil firm completes acquisition   

The Seven Energy Group has just completed the sale of its assets in an acquisition, by a British firm, Savannah Petroleum Plc.
Nigeria Customs Service shuts 272 car marts over smuggled car sales , Automobile dealers, Customs at loggerheads over vehicle smuggling, import duty , January 2020 is no terminal date; Borders will remain shut after then - Customs , FG bans fuel supply to border petrol stations, order threatens businesses, jobs, Ban on fuel distribution to border filling station begins to affect network providers , Nigeria Customs Service wants FG to impose this tax on petrol importers , Experts lament rising inflation over border closure  

Experts lament rising inflation over border closure  

Some experts have raised alarm over rising inflation as a result of the closure of Nigeria's land borders.
Mutual Funds, Mutual Fund gone bad: Nigerian investor discloses his 10 years investment that nosedived 

Mutual Fund: Nigerian investor discloses his 10 years investment that nosedived 

Before you invest in a Mutual Fund, you need to read the experience of a Nigerian Researcher, Solomon Udoh, so you won’t get your fingers burnt.
debt, judicial intervention, AMCON, seeks partnership with ICPC, Liquidate Asset Management Corporation of Nigeria – CBN, NDIC, Ernst & Young , NASS pledges support to AMCON on debt recovery 

Liquidate Asset Management Corporation of Nigeria – CBN, NDIC, Ernst & Young 

AMCON might cease to be operational has CBN, NDIC and Ernst & Young called for the institution to be scrapped.  
Worry for Nigeria as forecast shows OPEC countries will face a challenging 2020 

Worry for Nigeria as forecast shows OPEC countries will face a challenging 2020 

The International Energy Agency has projected that members of OPEC and all the other OPEC+ countries, will face very stiff competition in 2020.
ABCON shakes the table, Nigeria imported, Petrol import drops as importation of cooking gas increases by 21% 

Petrol importation drops by 512 million litres in 3 months

The NBS, in its latest Petroleum Product Import and consumption report, disclosed that the importation of PMS reduced by 11%.
Medview Airlines to increase aircraft fleets, Medview Airlines get bank loan, Air Peace Boeing 737 Max

Confusion rocks Medview as NCAA’s plan to withdraw license threaten job

Plans by the Nigerian Civil Aviation Authority (NCAA) to withdraw the operating license of Medview Airlines has caused confusion in the company.
FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos  

Telcos kick against Pantami’s directive on Automatic Voicemails

Telcos said that the allegation contained in the statement released by Minister Pantami was untrue as the telcos were not forcing voicemail (VM) services on subscribers. 
Outrage as RwandAir dumps luggage belonging to Nigerians in Dubai 

Outrage as RwandAir dumps luggage belonging to Nigerians in Dubai 

Some Nigerians have been left frustrated after they discovered that RwandAir (flag carrier airline of Rwanda) dumped their luggage in Dubai.
NNPC inks $1.16 million deal to deliver power project

NNPC inks $1.16 million deal to deliver power project

NNPC has signed a $1.16 million deal with USTDA for the funding of the NNPC-Abuja Independent Power Project.
Open Banking Nigeria gets backing from eTranzact and Accounteer 

Open Banking Nigeria gets backing from eTranzact and Accounteer 

eTranzact International Plc and Accounteer disclosed they were partnering with Open Banking Nigeria.
FG sets up committee to boost revenue in mining sector , FG reiterates commitment to rejig steel sector, moves to ban steel importation

FG reiterates commitment to rejig steel sector, moves to ban steel importation

In a bid to revive the steel sector and encourage the local steel manufacturing industry, FG is considering the total ban on steel importation.
Seplat commences $700 million gas plant construction, Vitol Energy transfers 4.63 million shares to Seplat , Seplat, Three more companies announce their closed period ahead of Q3 financial result , Seplat’s 9 months revenue dips by 11.5% according to latest earnings report, Earnings quality undermined by missed output, oil shocks, Firm issues warning over Seplat Petroleum’s acquisition of Eland Oil & Gas 

Firm issues warning over Seplat Petroleum’s acquisition of Eland Oil & Gas 

Starcrest Nigeria Energy Limited has issued a stern warning on the acquisition of Eland Oil & Gas by Seplat Petroleum Development Plc. 
Network operators accept government’s ‘shared facility arrangement’ that limits financial risk

Network operators accept government’s ‘shared facility arrangement’ that limits financial risk 

Telecommunications companies have expressed their willingness to operate a shared facility proposed by the Federal Government. 
Border Closure: Afreximbank boss demands use of Blockchain technology

Afreximbank urges Nigeria, other African countries to take advantage of opportunities in AfCFTA

The President of Afreximbank, Prof. Benedict Oramah has urged Nigerians and other African countries to take advantage of AfCFTA.
FG orders NIPOST to stop cash transactions , Pantami moves to ban automatic voicemail service by telcos  

Pantami moves to ban automatic voicemail service by telcos  

Dr Isa Pantami has ordered the deactivation of automatic voicemails on existing phone lines in the country, according to Nigerian Tribune.
Twitter warns political figures to abstain from fake, misleading statements, Has Twitter's Jack Dorsey changed the popular narrative attached to Nigerians? 

Has Twitter’s Jack Dorsey changed the popular narrative attached to Nigerians

It came as a surprise when Twitter's Co-founder, Jack Dorsey offered Nigerian tech developer, Dara Oladosu a job during his visit to Nigeria.
PalmPay launches new payment app 

PalmPay launches new payment app 

PalmPay has launched a new mobile wallet application in Nigeria to aid CBN’s cashless policy and reward users with bonuses.
Ropeways, AfDB reap gains at Africa Investment Summit 

Ropeways, AfDB reap gains at Africa Investment Summit 

Dr Akinwumi Adesina has said that transactions worth $40.1 billion have been secured at the second edition of the African Investment Forum.
Jack Ma visits Nigeria, highlights investment prospects 

Jack Ma visits Nigeria, highlights investment prospects 

Alibaba Group’s Co-founder and former Executive Chairman, Jack Ma, made a surprise visit to Nigeria today.
Google set to extend footprints with acquisition of smartwatch company, Fitbit  , Google wants to start banking with you 

Google wants to start banking with you 

Google (@Google) has expressed intentions to start providing financial solutions to its customers.
Nigeria Customs Service shuts 272 car marts over smuggled car sales , Automobile dealers, Customs at loggerheads over vehicle smuggling, import duty , January 2020 is no terminal date; Borders will remain shut after then - Customs , FG bans fuel supply to border petrol stations, order threatens businesses, jobs, Ban on fuel distribution to border filling station begins to affect network providers , Nigeria Customs Service wants FG to impose this tax on petrol importers , Experts lament rising inflation over border closure  

Nigeria Customs Service wants FG to reintroduce import tax

The Comptroller-General of the Nigeria Customs Service, Col Hameed Ali, has called on FG to return import tax on petroleum products.
Q3 ’19: Jumia grows revenue by 52%

Q3 ’19: Jumia grows revenue by 52%

Jumia's global business has continued to show an improvement quarter on as it recorded significant increase across its major financial indices.
Nigerian pencil industry in dire need of investment, govt support - stakeholder

Nigerian pencil industry in dire need of investment, govt support – stakeholder

BAMIB Resources and Investments Company Limited has asked the FGN to support the manufacturing of Made-in-Nigeria pencils.
Finance, Minister, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019  , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says

State governments own most bad roads – Finance Minister says

Minister of Finance, Budget and National Planning, Zainab Ahmed has said that most of the bad roads in Nigeria belong to the states.
FG sets up committee to boost revenue in mining sector , FG reiterates commitment to rejig steel sector, moves to ban steel importation

FG sets up committee to boost revenue in mining sector 

In a bid to generate more revenue in the mining sector in the country, the Federal Government has set up a 14-member committee.
CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele  

Interest rate on T-bills heads for single digit, as investors seek higher returns 

The Treasury Bills Auction of the Central Bank of Nigeria (CBN) held on Wednesday was fully subscribed.
Zainab Ahmed, N24.9 trillion debt, FG to borrow N1.7 trillion to finance 2020 budget – Finance Minister , VAT Increment: Afrinvest exposes sharing formula of N479.7b expected revenue , Nigeria’s VAT Increase: Penny-Wise, Pound Foolish, Nigeria spends N1.11 trillion to service debt in half year 2019 , Nigeria needs $100 billion annually to fix infrastructural deficit – Finance Minister , Oil: Nigeria makes N5.4 trillion in 1 year , FG secures World Bank’s approval to borrow $3 billion , debt, FG to develop new economic development plan Vision 2040 , Nigeria’s infrastructure gap: Too little too late?        

Nigeria’s infrastructure gap: Too little too late?        

Nigeria’s huge infrastructural deficit remains a topical discourse and poses a major hindrance to the growth of businesses and economic prosperity.
Mele Kyari, NNPC, NNPC spends estimated N33.60/litre on petrol subsidy, NNPC vows to be transparent, set to publish details of petroleum product supplies , OML 119: NNPC record 14 bids for development of oil well, This NNPC initiative aims to solve the problem of tanker explosions  

This NNPC initiative aims to solve the problem of tanker explosions  

The management of NNPC said there is a new initiative in place which is aimed at preventing future incidents of petrol tanker accidents.