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...
Dangote Foundation, African Business Coalition for Health, GBC Health, Health sector, Tax, Profit

Dangote gets African leaders’ support on health sector plan

Business owners in Nigeria have been urged to give the health sector priority to help contribute to the development of the sector, with various African heads of government supporting the coalition for health.
Indian Commissioner and NNPC GMD, Refineries, Turn Around Maintenance, Indian companies

Nigeria to handover TAM of refineries to Indian companies

The revitalisation of Nigeria's ailing refineries will be handled by Indian companies, the Nigerian National Petroleum Corporation (NNPC) made this known during a courtesy visit by a high profile member of the South Asian government.
Richard Rivett-Carnac, International Breweries

International Breweries Plc appoints new Director

International Breweries Plc has appointed Richard Rivett-Carnac as a Non-Executive Director. Rivett-Carnac replaces Phillip Redman who recently resigned his appointment as a Non-Executive Director of the company. Rivett-Carnac's...
Eterna Oil, Petrol Station, Investment

Eterna Plc discloses acquisition plans, set to increase petrol station outlets

There are plans by a Nigerian oil company, Eterna Plc to increase the number of its petrol stations in Nigeria, with intention to make some assets acquisition before 2025, which will boost the company's operation within the country.
Debt Management Office

FG to deploy new debt management strategy

Debt Management Office (DMO) has released a Federal Government's new National Debt Management Framework (NDMF) 2018-2022. The framework is a debt management strategy that will...
9mobile crisis, Teleology, 9mobile IoT service, 9mobile crisis, Etisalat, 9mobile, CBN, NCC

How regulators’ intervention averted 9mobile’s possible collapse -NCC

Prof. Umar Garba Danbatta, Executive Vice Chairman of the Nigerian Communications Commission (NCC), has made known that regulatory intervention from NCC and the Central Bank of...
FirstBank and Azuri

FirstBank partners Azuri Technology to promote sustainable development in Nigeria

FirstBank is the premier Bank in West Africa and the leading banking services solutions provider in Nigeria for 125 years.

Stakeholders express commitment to protecting Nigeria’s financial sector

Members of the NDIC board were recently inaugurated.
Diamond Bank's merger with Acess Bank

Diamond Bank customers can now use AccessAfrica  

Diamond Bank's impending merger with Access Bank means the bank's customers in addition to retaining their use of Diamond Bank's products such as Diamond Xtra,...
Porsche Africa, Manfred Bräunl, CEO, Ferdinard Porsche

Porsche Africa gets new CEO

German automobile manufacturer, Porsche has made changes to the company's leadership in the Middle East and Africa, providing professionals who support the carmaker's operations across 20 countries. The change will take effect before the end of the first quarter of this year.
Sterling Bank new logo, BADEA

FIRS appoints Sterling Bank as recovery agent

Federal Inland Revenue Service (FIRS) has appointed Sterling Bank Plc as a collecting agent to recover taxes from 2,933 defaulting companies. Chairman, FIRS, Tunde...
DN Tyre and Rubber Plc, Dunlop Tyre

Dunlop gives update on restructuring efforts

DN Tyre and Rubber Plc has given an update on its restructuring.
PricewaterhouseCoopers, Nigerians in diaspora remittance, Nigerians in Diaspora investment

FG to back $3 billion proposed diaspora investment

About $3 billion will be invested by Nigerians in the diaspora.
Nigeria's 2019 presiential election

Do Foreign Investors want President Buhari to lose the election?

Nigeria's 2019 presidential election will finally be happening on Saturday February 16th. And from all indications, many prefer the incumbent to lose.
Jumia, Hospitality sector, Tax Breaks, Flight, Food, Travels and Tourism

Jumia request tax break for hospitality business

The Federal Government have been urged to add the hospitality sector among the list of companies granted tax breaks, with the assumption that the industry will contribute more to Nigeria's economy if the numerous taxes were cut.
CBN Building, National Collateral Registry,Micro Small and Medium Businesses, Loan, Entrepreneur, Central Bank of Nigeria

CBN goes tough on money laundering with new rules

Central Bank of Nigeria (CBN) has introduced new rules to prevent money laundering in the country. The apex bank released its Anti-Money Laundering/ Combating...
NCR to leverage MSMEs lending by over N1.23 trillion

NCR to leverage MSMEs lending by over N1.23 trillion

National Collateral Registry (NCR) will boost lending by financial institutions to Micro, Small and Medium Enterprises (MSMEs) by over N1.23 trillion. This was disclosed...
First Bank MD's thoughts on the Access/Diamond Merger, Oil and Gas, Petroleum

First Bank pledge financial support for oil and gas operators

First Bank of Nigeria Limited has promised operators in the oil and gas sector will continue to receive financial support that their company is in need of to grow efficiently in the industry.
FSDH Merchant Bank Ltd, Inflation rate, private sector loans, NBS

FSDH expects lower inflation figures in January 2019

Research conducted by FSDH Merchant Bank Ltd forecasted that inflation rate is expected to drop to 11.40 per cent from the 11.44 per cent...
Stanbic IBTC addresses China's role in bank's ecosystem

Stanbic IBTC addresses China’s role in bank’s ecosystem

Nigerian lender, Stanbic IBTC have joined fellow Chinese nationals in Nigeria to celebrate the Asian country's new year, while underlying the important role the Chinese community in Nigeria have played in the bank's business ecosystem.
Central Bank of Nigeria, CBN, Bank of Industry, BOI, Civil Service of the Federation, Retirement Scheme

FG develops three retirement schemes for Civil Servants

For a smooth transition into retirement, the Federal Government has partnered with the Central Bank of Nigeria (CBN) and Bank of Industry (BoI) to develop three retirement schemes for the employees of the Federal Civil Service.
FIRS set to sell properties of tax defaulters

FIRS set to sell properties of tax defaulters

All is set for Federal Inland Revenue Service (FIRS) to dispose properties of 52 companies over tax defaults valued at about N3.4 billion. Though,...
How Nigeria's economy could be affected by global events - Analysts

How Nigeria’s economy could be affected by global events – Analysts

A number of events that occurred on the global scene this past January, could encourage short-term stability for the Nigerian economy.

NASD OTC witnessed 106% increase in transaction in 2018

NASD (National Association of Securities Dealers) OTC Plc has evaluated the total amount of transactions performed within the company in 2018 to be about...
9mobile crisis, Teleology, 9mobile IoT service, 9mobile crisis, Etisalat, 9mobile, CBN, NCC

Court warns against conclusion of 9mobile acquisition

The Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC) and other corporate bodies involved in the sales of Etisalat (now 9mobile) have been warned against taking further action relating to the acquisition of the telecommunications company.

Tech Startups should emulate Konga – EX Unilag VC

Prof. Oye Ibidapo-Obe, a former Vice-Chancellor of the University of Lagos has advised tech startups to emulate the new Konga. He gave this charge in...
Jumia listing, MTN

MTN may rake in $600 million from Jumia’s planned listing

Jumia plans to list on the floor of the New York Stock Exchange.
Guinea Insurance reacts to NAICOM's claim

Guinea Insurance reacts to NAICOM’s claim

Two weeks after the National Insurance Commission (NAICOM) suspended Guinea Insurance Plc from writing new insurance business, the company has denied the claim, stating the report was false.
CBN governor - nairametrics

CBN’s decision to establish NMB is counter-productive -NAMB

National Association of Microfinance Banks (NAMB), has called for full implementation of the National Microfinance Policy (NMP) in the application of intervention funds. NAMB...