INEC postpones 2019 general elections

INEC postpones 2019 general elections

The Independent National Electoral Commission (INEC) has postponed the 2019 general elections. Chairman of the commission Mahmud Yakubu made this known in a press briefing...
PMB vs ATIKU: The Same or Something Different?

PMB vs ATIKU: The Same or Something Different?

The two camps have since released their manifestos.
Nigeria's 2019 presidential election, Atiku vs Buhari, Nigeria's 2019 election

Whoever wins Saturday’s election has their job cut out for them

The most important presidential election in Africa in 2019 is finally about to happen. And as expected, many people are agitated.
e-Commerce in Nigeria, Nigeria Customs

How reforms by the Nigeria Customs are aiding e-commerce

At the just concluded Ease of Doing Business Forum in Lagos, which was attended by the Senior Special Assistant to the President on Industry, Trade, and...
Naira free float, Central Bank of Nigeria, Emefiele replies Atiku, Financial Derivatives Company Limited, Analysts

CBN’s Emefiele has a reply for Atiku Abubakar

The CBN Governor, Mr Godwin Emefiele, has argued that any move to float the naira will be tantamount to a disaster for the economy. 
minimum wage in Nigeria, How to save money in 2019, ATM, NIP, NBS, CBN, Inflation, Interest Rates

Nigeria ranks least on ‘surviving on minimum wage’ report

There has been a back and forth discussion between the Federal Government and the Nigerian Labour Congress (NLC) on the current minimum wage of N18,000. The unending negotiation has been about wage increment, which will see the workers receive N30,000 month end.
President Muhammadu Buhari | Federal government

President Buhari’s thoughts on a new minimum wage

Some weeks after presenting the 2019 budget to the National Assembly, President Muhammadu Buhari addresses various major issues that pertains to the Nigeria economy...
FSDH Merchant Bank Ltd, Inflation rate, private sector loans, NBS

VAT revenue may have hit 4 year high in 2018

This marks a N91 billion increase from the N717 billion collected in the first three quarters of 2017.
2019, general elections, President Muhammadu Buhari

What President Buhari said in his 2019 new year’s day speech

It is my utmost pleasure to rejoice with all Nigerians as we enter the year 2019, which will be a very significant one for our country.

Details of President Buhari’s N8.83 trillion 2019 budget

President Muhammadu Buhari has presented an N8.8trn budget for 2019. According to the President, who gave the figure during the 2019 budget presentation before a joint session of the National Assembly,
Forbes, PricewaterhouseCoopers, PWC, Unemployment, NBS, Buhari, Election

Nigeria’s unemployment rate hits all time high since 2014

The Nigerian Bureau of Statistics, NBS, has finally released the much anticipated unemployment report in the country, with the number of unemployed Nigerians at 20,927,648.
minimum wage in Nigeria, How to save money in 2019, ATM, NIP, NBS, CBN, Inflation, Interest Rates

This payment channel had the highest value of transaction in Q3 2018

The National Bureau of Statistics (NBS) has released the Selected Banking Sector Data for Q3 2018.
FSDH Merchant Bank Ltd, Inflation rate, private sector loans, NBS

Credit to the private sector hits N15.5 trillion as at Q3 2018 

Nigerian Bank’s total lending to the private sector from Q1 2018 to Q3 2018 stood at N46.4 trillion as at September.
Central Bank of Nigeria, Godwin Emefiele, Largest palm oil producers, CBN, Licensed Microfinance Banks, Recession in Nigeria, Monetary policy, Inflation rates globally

CBN may tighten FX access for these items soon 

CBN may extend its anchor borrowers scheme to agricultural operators in the fish and oil palm sector.
FSDH Merchant Bank Ltd, Inflation rate, private sector loans, NBS

Inflation shows surprise drop in October

NBS figures show inflation increased by 11.26 per cent (year-on-year) in October 2018.
Muhamadu Buhari

Highlights of Buharinomics ‘Next Level’ 2019 agenda

President Muhamadu Buhari who is also the Presidential candidate of the APC has unveiled his manifesto.
Atiku Abubakar, Atiku claims he has big plans for private sector investment in infrastructure

How Atiku plans to create 3 million jobs annually

Nairametrics was able to get a sneak preview of PDP Presidential candidate Atiku Abubakar's policy document.
tech Startup funding, Partech African fund, Business, Corporate News Roundup

Corporate News Roundup: New Pioneer Industries revealed

Corporate News roundup is a weekly roundup of corporate news and action that took place the previous.
Purchasing Managers' Index, Manufacturing sector - biscuit industry

PMI remains positive for 19 consecutive months

CBN said the country's PMI continued to grow for the nineteenth consecutive month in October.
Xi Jinping and Buhari

Nigerian assets that may be taken over by China

In the past three years, Nigeria has gotten over $5 billion loan from the People’s Republic of China.
NBS

Nigeria earned N1.16 billion from rail in six months

FG has generated a total of N1.16 billion through the rail system of transportation in H1 2018.
Zainab Ahmed, Nigeria's Population

FG, States and LGs share N698.71 billion as revenue falls

The Federation Account Allocation Committee (FAAC) has shared the sum of 698.71billion to Federal Government, State Governments and Local Governments as September allocation
Renaissance Capital

Analysts believe Capital Market will fare better after 2019 election

CEO of Renaissance Capital Nigeria, Temi Popoola stated the country's capital market after 2019 polls.
New Minimum Wage

FEC approves N8.73 trillion budget for 2019

The Federal Executive Council has approved a proposed budget of N8.73 trillion for the 2019 fiscal year.
Nigerian American Business Forum, Nigerian Banks and corruption, CMB economic outlook for 2019, Nigerian Pension Fund, Non-Performing Loans, Inflation, Unemployment, CBN, Naira

Nigerians project Inflation and Unemployment Rates to worsen in 2019

Nigerians have expressed their belief that they expect inflation and unemployment rates to rise in the next 12 months.
Nigerian Economic Summit

The 24th Nigerian Economic Summit kicks off in Abuja

Nigerian Economic Summit is a platform dedicated to stirring up conversations that will position Nigeria on the right path to economic development.
International Monetary Fund IMF

IMF says its GDP growth and Inflation rates are more reliable than FG’s

IMF has brought down its 2018 economic growth projection for Nigeria to 1.9%.

Nigeria makes u-turn on borrowing

Nigeria’s total debt stock as at the end of June 2018 (36 States and Federal Government debt) stood at $73.21 billion.
NAICOM, Bancassurance, Microfinance banks, Guinea Insurance

NAICOM suspends insurance firms’ recapitalisation

NAICOM has announced the suspension of the implementation of its Tier-based Minimum Solvency Capital policy.

Oil drops below $80, contradicting initial forecasts

Crude oil prices have declined, currently trading below $80 per barrel.

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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...
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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.