Business News
Business and economic news from Nigeria and around the world.
Senate Orders Minister To Stop “Indiscriminate Sack of Competent Nigerians” By Telcos
Hopefully, necessary action will be taken
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Why We Nationalised Arik Air – Government Explains
Nairametrics| The Federal Government has provided an explanation for its nationalisation of Arik Air. The Government provided the following rationale...
Read moreDetailsAn Apparently Frustrated Audu Ogbeh Says Bank High Lending Rates “May be” Good For Cocaine Production
That interest rates are high in Nigeria is no news. Even before the current economic recession, prime lending rates were...
Read moreDetailsAMCON Takes Over Arik Air
Arik Air has been taken over by Asset Management Company Of Nigeria (AMCON). AMCON was set up the Federal Government...
Read moreDetailsA Former Chibok Girls’ Guardian Is Demanding $5 Million From The FG
Who's actually right?
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Nigeria Will Raise Import Duty On Tomato To Boost Local Production
Nairametrics| The Minister for Trade Okey Enelamah has revealed that Nigeria will increase custom duties for tomato imports and waive...
Read moreDetailsDeal: SA Insurance Merges With Standard Life
Nairametrics| Standard Alliance Insurance Plc, has formally merged with its sister company, Standard Life Assurance, to become one big insurance...
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British Airways Joins List Of Airlines That Won’t Fly To Kaduna
British Airways has joined South African Airways and Lufthansa in refusing to fly to Kaduna during the six weeks that...
Read moreDetailsNo Mercy: FT Says Buhari’s Policy Making Is So Clumsy “Dead or Alive Its Not Easy To Tell Difference”
The Financial Times weighed in on the controversial absence of President Buhari on Wednesday taking a swipe at his governance...
Read moreDetailsHow Pirates Kidnapped 7 Russians Off The Coast Of Nigeria
A total of seven Russians and one Ukrainian have been kidnapped by Pirates after attacking the cargo ship the BBC...
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