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Completion of Lekki Port postponed again, politics linked to postponement 

Lekki Port to commence operations by 2022

The commencement of operation at Lekki Port has been postponed for the third time by the Lagos State Government.

Pipeline Vandalism: Stakeholder collaboration, critical to tame menace – Kyari

The NNPC has disclosed that collaboration of all stakeholders is critical to prevent pipeline vandalism and oil theft which result in explosions.
Africa’s richest woman is in troubled waters, Africa’s richest woman has been dragged to court for corruption 

Africa’s richest woman has been dragged to court for corruption 

Isabel dos Santos of Angola has finally been dragged to court, charged with money laundering and mismanagement of public assets.
NLNG, Total sign 10-year deal 

NLNG, Total Gas & Power sign 10-year sales deal 

A sale and purchase agreement has been sealed by NLNG and Total for some of the remarketed volumes of Liquefied Natural Gas.
energy, corp, recapitalization, New FIRS boss, Nigerians react following the end of Fowler’s reign as FIRS boss, Buhari seeks recapitalisation of African energy corporation to $1 billion tune, Outrage as President Buhari approves N37 billion for National Assembly renovation, Buhari to create new economic opportunities in agric, other neglected sectors , Economy: President Buhari signs Finance Bill into law, Agric: Buhari advances commitment to improve textile, food security, others, FG concludes plan to borrow N2 trillion from Pension Fund  

FG to establish agro-allied industries across Nigeria

President Buhari has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in all 36 states of the federation. 
US Travel Ban on Nigerians: Buhari says it’s mere speculation

US Travel Ban: Buhari says it’s mere speculation

The Nigerian government has described the news that the US government is planning to place a travel ban on Nigeria and others, as mere speculations.
President Muhammadu Buhari, loans, Oil price, FG, Solar vehicles, P&ID firm, Nigeria's GDP, Debt Servicing: Nigeria pays $1.12 billion to World Bank, others in 10-month , How the latest Fitch report affects you in 2020 

Nigeria ranks 146 on Global Corruption Index in 2019

According to the latest report released by Transparency International, Nigeria is now ranked 146 out of the 180 countries considered. This is two steps lower from 144th ranked in 2018. 
NSE Nigerian stocks, UBA, Zenith, First Bank lead actively traded stocks on Tuesday 

Law Union, AIICO, Honeywell top gainers’ chart on Wednesday 

Law Union, AIICO Insurance, and others have reasons to be happy, as their stocks made the ranks of gainers on Wednesday. 
South African Airways to cancel some African routes, as revenue loss bites 

South African Airways to cancel more foreign routes, as revenue loss bites 

South African Airways is cancelling some routes, including flights to neighbouring countries where it has grossed poor revenue in the past years.
PoS transactions hit N3.20 trillion in 2019, as stamp duty rip-off remain 

PoS transactions hit N3.20 trillion in 2019, as stamp duty rip-off remains

The value of transactions carried out using Point of Sale (PoS) channel in Nigeria hit N3.20 trillion in 2019.

AfDB partners DFID to unveil $80m infrastructure financing for Africa 

The AfDB disclosed that it had partnered with DFID to unveil its $80 million infrastructure financing initiative for Africa. 
Convicted former UBS Group stock trader now plans to redefine Ghana’s mortage industry 

Convicted former UBS Group stock trader now plans to redefine Ghana’s mortgage industry 

Kweku Adoboli said he has a plan to start what he described as Ghana’s “mortgage-backed bond market”.  

Facebook to employ 1,000 London-based staff to improve safety 

In a bid to improve safety on its social media site, Facebook has announced that it would employ 1,000 more London-based staff.

Netflix stands tall against competition, adds 8.8million subscribers to its base

Netflix seems to be doing really well as the company’s 2019 fourth-quarter results show it has added 8.8 million subscribers.
Airtel partners Western Union to expand its own mobile money service 

Airtel partners Western Union to expand its own mobile money service 

Airtel Africa Plc announced that it had gone into partnership with Western Union to provide a reliable mobile money service for its customers.
Internet World Stats, Nigerian Communications Commission remittance, Network operators in Nigeria, Telecoms companies in Nigeria, MTN Nigeria, Airtel Africa, Globacom data, 9mobile court case, Top 10 states in Nigeria with the highest Internet subscribers , Telecommunications: The bright spot in a fragile economy, Telcos add 5.64 million voice and data subscribers in Q3 2019 - NBS , Alleged N200bn Debt: EFCC, DSS to probe telcos, Network glitch, as poor internet speed continues to impede banking services   

Network glitch: Poor internet speed impedes banking services   

Several internet customers have continued to experience slow internet, as poor internet speed continues to impede banking transactions.
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, Closure of border petrol stations lowers fuel consumption by 30% - Customs Boss , Customs redeploys officers in charge of anti-smuggling at border , Nigerian customs records N1.3tr revenue in 2019, exceeds target by N404bn , Customs denies spending N1.6 billion on recruitment exercise alone, Customs officers must declare their assets annually – Customs boss, Nigerian Customs move to go digital in 2022 

Customs officers must declare their assets annually – Customs boss 

The Comptroller-General, NCS, retired Col. Hameed Ali, has said customs officers would henceforth be asked to declare their assets every year.
Paga acquires Ethiopian-based startup, Apposit, announces Paga subsidiaries

Paga acquires Ethiopian-based startup, Apposit, announces other subsidiaries

Nigerian tech startup, Paga, has acquired Ethiopian-based software development firm, Apposit.
Nigeria’s Pension Asset increased by N228 billion in October, PFAs increase investment in infrastructure to N40.52 billion   

PFAs boost investment in infrastructure to N40.52 billion   

The Pension Fund Administrators have increased investments in infrastructure to N40.52 billion, according to the latest PenCom's monthly report. 
Chief Olusegun Obasanjo

Obasanjo opens garment factory, competes with Nike Art Gallery, Sam & Sara 

Former President Olusegun Obasanjo has established a garment factory, Heritage Apparel, in Abeokuta, Ogun State.#Obasanjo #NIKEARTGALLERY
Lekan Akinyanmi, Lekoil, Lekoil secures $184m funding to finance OPL 310 drilling , Loan scam forces Lekoil’s shares to plunge over 70% as more denial emerges, Seawave Invest Ltd said it is open to investigation over Lekoil’s loan scam , Loan scam: Lekoil Limited seals payment extension deal to prevent losing oilfield

Loan scam: Lekoil Limited seals payment extension deal to prevent losing oilfield

Weeks after Lekoil Limited was submerged in a loan scam, the company has secured a postponement agreement to keep its shares
Access Bank CEO, Herbert Wigwe

Herbert Wigwe sells 28.8 million Access Bank shares

Access Bank's Chief Executive Officer, Herbert Wigwe, has sold 28.86 million shares worth N297.82 million, which represents 2.33% of his stakes in the bank. The transaction, which was done through Trust Capital Limited, was disclosed in a notice filed at the Nigerian Stock Exchange.
FCMB, NSE, Nigerian stocks, Nigerian stock exchange, Presco, Cadbury, UACN led top gainers' chart as ASI gains 0.51%, Guinness, UBA, Access, two others led top gainers on Monday , Access, Zenith and GT Bank traded N3.42 billion shares on Tuesday , Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday , Nigeria Breweries, Unilever, Unilever lead gainers chart on Friday , Stock Market dipped N197.35 billion Equity value on Monday , Bulls return to the NSE as market cap hits N13 trillion mark, FCMB, Cornerstone Insurance lead gainers as bourse gain N94.2 billion , Law Union, Lafarge, Unity Bank lead gainers on Tuesday, GTBank, Transcorp, Zenith lead active trades on Friday, NAHCO, Vitafoam lead gainers on Monday as Unilever dipped 9.9% 

Law Union, Lafarge, Unity Bank lead gainers’ chart on Tuesday 

The stock exchange market traded negatively on Tuesday as the all-share index dipped 0.83% to close at 29,462.76 index points.
Entrepreneur, Multiple businesses, Nigeria partners UAE to boost SMEs , US technology company deploys software to ease business process in Nigeria, Experts outline what SMEs must do to attract funding, investors in 2020 

Experts outline what SMEs must do to attract fund, investors in 2020 

In order to bridge the gap between funding and SMEs, business experts at the Nairametrics 2020 Economic Outlook discussed factors discouraging investors and proffer solutions

Economy: IMF & World Bank differ on Nigeria’s growth outlook

The IMF released its Global Economic Outlook where the fund announced it expects global growth to slow in 2020 to 2.9% (World Bank – 2.5%).
Donald Trump. Oil price

Trump may extend travel ban to Nigeria, Tanzania, Belarus, others

President Donald Trump may consider his travel ban to Nigeria, Burma, Belarus, Eritrea,  Kyrgyzstan, Sudan and Tanzania. A source in the White House disclosed.
Flutterwave raises $35 million in series B funding 

Flutterwave raises $35 million to expand operations

Flutterwave has disclosed expansion plans to Francophone and northern Africa as it raises a $35 million Series B round.
NNPC inks $1.16 million deal to deliver power project, NNPC inks deal to boost Nigeria's oil reserve base, Abule-Egba pipeline explosion: NNPC reacts, as over 45,000 incidents recorded in 18 years 

Pipeline explosion: Over 45,000 incidents recorded in 18 years – NNPC 

The Nigerian National Petroleum Corporation (NNPC) has disclosed that 45,347 incidents of pipeline explosion had occurred in the last 18 years.

Afreximbank pledges $500 million to support African creative products 

Afreximbank has pledged $500 million for the production and trade of African cultural and creative products over the next two years.
Blueprint Consulting denies involvement in N574 million fraud

Blueprint Consulting denies involvement in N574 million fraud

Blueprint Consulting has denied its involvement in a scheme organised by one of its partners through which 354 forex trade investors were defrauded of N574.2 million.