Why FG is planning to audit Customs', FIRS' revenues

Why FG is planning to audit Customs’, FIRS’ revenues

The Office of the Auditor-General of the Federation is set to for the auditing of the FIRS and NCS in order to boost government's revenue.
NNPC announces 15 companies as winners of Direct Sale and Purchase contract

NNPC announces 15 companies as winners of Direct Sale and Purchase contract 

NNPC has announced 15 companies as winners of its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement. 
Bet9ja's Kunle Soname's profile

Meet Bet9ja’s Kunle Soname, whose firm officially sponsors BBNaija

@Bet9jaOfficial founder, Kunle Soname is a sports enthusiast, who is an erudite investor in sporting activities in the country.
Goodlife Magic, Tolaram

Is GoodLife Magik a threat to Tolaram’s impressive record?

Tolaram's recently launched fruit drink 'GoodLife Magik', isn't worth the fuss, considering the history of the company and fruit drink market in Nigeria.
Nigeria's recession period, Buhari Ministerial list, Buhari ask for more time, Nigeria's economy - growth, Buhari food forex

Buhari’s food importation ban could drag the Nigerian economy into misery 

President Muhammadu Buhari gave a new directive to the Central Bank of Nigeria (CBN) to stop providing FOREX for food importation.
Nigeria received $961 million loan

President Buhari orders CBN to stop FOREX for food importation

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to stop Foreign Exchange (FOREX) for the importation of food into the country. 
ShowMax vs Netflix battle is one where David will lose to Goliath

ShowMax vs Netflix is a battle David will lose to Goliath

ShowMax vs Netflix is a battle David will lose to Goliath
Nigeria's top 10 exports, Top trading partners

Top trading partners for Nigeria’s exports and imports in 2019

Top trading partners for Nigeria's exports and imports in 2019
Shoprite prices and goods, MTN Nigeria data prices, South African attack on Nigeria, Xenophobic attack in South Africa

Xenophobic attacks: Buhari and Ramaphosa to meet

South African President, @CyrilRamaphosa, has reached out to @MBuhari regarding the rising tension between the two countries days after the National Association of Nigerian Students (@NANSNIG) threatened to shutdown MultiChoice (DStvNg), @Shoprite_NG, @MTNNG businesses and replicate xenophobic attack on South African citizens in Nigeria. #Xenophobic
Access Bank Plc, Herbert Wigwe, CBN, interest payment on bank deposits

Three reasons why the naira is depreciating

The exchange rate between the naira and dollar depreciated to N364/$1 on Friday from N363.50/$1 as the price of oil continue to tank globally.
Akotex Nigeria’s Henrich Akomolafe’s Journey to Forbes Africa

Akotex Nigeria’s Henrich Akomolafe’s Journey to Forbes Africa

Akotex Nigeria's co-founder, Henrich Akomolafe is among the business leaders Forbes Africa listed on its #30Under30 business category 2019.
BREAKING: President Buhari retains portfolio as Petroleum Minister

N5 trillion debt: Buhari approves law empowering AMCON to access debtors’ account

@MBuhari has assented to a new Act that gives the @amcon_ng more powers to enforce debt recovery from debtors' accounts.
Stakeholders seek Berger Paints' market dominance

Can Berger Paints increase market dominance by reducing prices?

Despite its deliverables of top-notch products, Berger Paints' stakeholders are seeking reduction of the company's products prices.
Table water in Nigeria.... Source; Research Gate

Despite high cost of living, premium table water brands hold market ace

Despite high cost of living, premium table water brands hold market ace
Food Items, Prices of imported rice

Prices of imported rice and other items fall as Irish potatoes fluctuate 

As Eid-el Kabir celebrations draw close, Nairametrics Research visited major markets in Lagos State to obtain the prices of major food items and insights for our readers. Survey shows that prices of imported rice declined
Pascal Dozie's profile

Pascal Dozie, the boardroom guru

Pascal Gabriel Dozie, whose career has spanned over 48 years is no doubt one of the most accomplished businessmen in Nigeria.
Standing Deposit Facility, 12 states

12 states received $15 billion investment in H1 2019 – NIPC

The latest report released by the Nigerian Investment Promotion Commission revealed that twelve (12) states in Nigeria received investment worth US$15 billion in the first half of 2019.
FIRS demands tax payment from MTN Nigeria

N330 billion Fine: MTN in fresh mess after FIRS queries tax deduction

MTN Nigeria appears to be enmeshed in a new storm, as the Federal Inland Revenue Service (FIRS) is querying the telco for deducting tax.
FG set up task force to recover AMCON's N5 trillion, Economic and Financial Crimes Commission, Nigerian Financial Intelligence Unit, Independent Corrupt Practices Commission, Asset Management Corporation of Nigeria

FG goes after AMCON’s N5trillion debtors, sets up task force on funds recovery

A task force, comprising of @officialEFCC, Nigerian Financial Intelligence Unit (NFIU), @ICPC_PE, and the Ministries of Justice, has been set-up over AMCON's (Asset Management Corporation of Nigeria) N5 trillion debts.
Ibeju Lekki, lands in Ibeju-Lekki

Dangote Refinery, Lekki Deep Sea Port turn Ibeju- Lekki to preferred destination for investors

Nairametrics highlights why real estate companies, investors, and prospective home owners have made Ibeju-Lekki their preferred destination.
Shrinkflation in the market, Companies engaging in shrinkflation, Cola war in Nigeria, Pepsi Coca-cola Bigi and Big Cola

As economy bites, companies use ‘shrinkflation’ to rip off Nigerians

Several companies have been using shrinkflation to rip off customers for years. In 2015, @Pepsi_Naija and @CocaCola employed it until @getbigi and @BigCola9ja disrupted the market—a move that reversed both household brands into default setting. However, Pepsi and Coca-cola aren't the only FMCG involved in shrinkflation, as this deceptive but legal activity dates back to over a decade in the Nigerian market.
EFCC mounts up investigations on FIRS staff accounts over N1.2bn fraud

Six bank MDs in EFCC net over alleged N2billion fraud

Operatives of the EFCC from its Ilorin Zonal office have apprehended about 6 bank MDs over an alleged fraud of N2 billion.
CBN, orders banks to give key fact statement

CBN says milk importation “NOT BANNED”, blows hot on powerful Nigerians

@cenbank has revealed that milk importation is not banned as against widespread reports.
NSE records 18.18% decline in banks' market capitalisation

NSE to enforce VAT on Stock Market transactions

The Nigerian Stock Exchange (NSE) to start enforcing Value-Added Tax (VAT) on transaction commissions, as 2014 exemption order expires.
Finance Minister, President Muhammadu Buhari, AFCTA

$1 billion military spending shrinks Excess Crude Account to $480 million

$1billion military spending shrinks Excess Crude Account to $480 million
Lagos-Ibadan Rail, Ministerial list

Saraki, Keyamo, Amaechi, others make Buhari’s ministerial list

President Muhammadu Buhari's ministerial list is finally out. The Senate President, Ahmed Lawan, read the full list on the Floor of the Senate on...
Godwin Emefiele, CBN Governor,

CBN finally confirms licensing three new banks in Nigeria

The Central Bank of Nigeria (CBN) has finally confirmed the licensing of three new banks. This is revealed in the information obtained from the...
House hold survey

Household Survey: Palm Oil prices jack up as tomatoes and melon ease off

The latest household survey carried out by Nairametrics Research has shown a sudden spike in the prices of locally made palm oil, while the prices of Melon and Tomatoes are easing off.

Interswitch reignites plans to launch IPO in 2019

Interswitch is reviving its plans for an initial public offering, IPO, via a dual listing on the Nigerian Stock Exchange and London Stock Exchange...
HOT MONEY: Foreign Investors ship-out N257 billion from Nigerian stock market

HOT MONEY: Foreign Investors ship-out N257 billion from Nigerian stock market

HOT MONEY: Foreign Investors ship-out N257 billion from Nigerian stock market


Ray Dalio

A Billionaire recommends 3 Strategies to Create Wealth

Ray Dalio, founder of Bridgewater Associates, has pointed out to young investors three strategies they should adopt inorder to create wealth.
World Bank

Why World Bank blacklisted CCECC, 5 other Chinese firms

The Chinese energy company, CRCC Petroleum and Gas Company Limited and 5 other companies have been blacklisted by the World Bank. 
Ministerial list

President Buhari assigns portfolios to all 43 ministers [Full-List]

President Muhammadu Buhari has finally assigned portfolios to all the forty three (43) ministers.