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NB Weekly 13 -
Lifestyle Porn: Nigerians Faking It To Make It
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Nigeria News -Business News updates and Summaries in Nigeria today
Why CBN New Investors Rate Will Fail - Analysts
Apr 26, 2017 at 10:00 AM
[VIDEO] The Tangible Successes Achieved About Petrol Supply in Nigeria- Kachikwu
Nigeria's Minister of State for Petroleum Resources, Ibe Kachikwu has announced that the country has seen a drop in importation of petroleum products. He said this in a podcast on Saturday. According to Kachikwu, the reduction has paved the way f...
Apr 30, 2017 at 9:28 AM
Emefiele: CBN Will Defend Naira Fiercely, It Will Keep Appreciating
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele recently stated that the apex bank would continue to intervene in the foreign exchange market to ensure the naira remains strong. “Our reserves stand at above bn and that provides ...
Apr 29, 2017 at 3:01 PM
Nigeria: 5 States to Build Solar Power Grids [See List]
Five Nigerian states are to build solar-powered mini-grids in a bid to help the Federal Government’s resolve to improve electricity generation and supply. The states are: Kaduna Imo Rivers Delta Ogun, They will be partnering with GreenElec, a Fran...
Apr 29, 2017 at 2:25 PM
Glo Nigeria Increases Data Charges By 100%
Glo Nigeria has reviewed its data plan bundle by cutting it down by 100 per cent for all customers on its network. Glo, which offered a competitive cheap internet packages tailored to suit usage on mobile devices and computers, cut its mouth waterin...
Apr 28, 2017 at 4:18 PM
Nigeria - 28/04/2017: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (28/04/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro ...
Apr 28, 2017 at 10:11 AM
Nigeria: Domestic Debt Hits 2.95tn - See How Much Each State Is Owing
The Debt Management Office (DMO) has said that the total domestic debt stock of the 36 states of the federation and the Federal Capital Territory (FCT) as at December 31, 2016, stood at N2.958 trillion. A breakdown of the indebtedness shows that Lag...
Apr 28, 2017 at 9:45 AM
CBN Fulfils Promise, Sells Dollar At N360 To BDCs
The Central Bank of Nigeria on Thursday sold ,000 to each registered Bureau de Change operators who bided for forex yesterday at a rate of 360 naira per dollar in order to boost liquidity. A Trader, Shehu Usman who confirmed the development told...
Apr 28, 2017 at 8:58 AM
Naira Falls to N390 Per Dollar at Parallel Market
The Nigerian Naira on Thursday fell against the dollar at the parallel market, losing two points to exchange at N390 per dollar. The Pound Sterling and the Euro traded at N495 and N415, respectively. At the Bureau De Change (BDC) window, the naira...
Apr 27, 2017 at 6:05 PM
Osinbajo Inaugurates National MSME Council [See NAMES]
Nigeria’s Vice President, Professor Yemi Osinbajo, inaugurated the National Council on Micro, Small and Medium Enterprises, MSMEs, on Wednesday with a charge to provide strategies that will grow small businesses in Nigeria. The National Council on M...
Apr 27, 2017 at 3:31 PM
CNN's Richard Quest: My Generation Won't See The End Of Nigeria's Whistle Blowing Policy
English journalist and anchor of CNN's Quest Means Business, Richard Quest is in Nigeria, and has been moving around one of the bustling cities, Lagos holding interviews, and plan to shoot his program 'Quest Means Business' live today. During one of...
Apr 27, 2017 at 10:27 AM
Nigeria - 27/04/2017: Today's Naira Rate Against The Dollar, Pounds And Euro
Today's (27/04/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro ...
Apr 27, 2017 at 9:44 AM
AfriOne: First Smartphone Assembling Plant Launched in Nigeria [PHOTOS]
The first smartphone assembling plant in Nigeria has been launched by AfriOne Limited in Lagos state. The plant is to providing the first indigenously produced smartphones in Nigeria as well as other consumer devices. The opening of AfriOne assem...
Apr 26, 2017 at 6:19 PM
Lagos IGR 2016 Extends By 8.46% To N436.3bn
The Lagos State Government extended internally generated revenue by 8.457 per cent to N436.3 billion 2016 from the N399.4 billion realised in 2015. The state realised N7 billion from Land Use Charge (LUC) in 2016 against N6 billion in 2015. Mr Akin...
Apr 26, 2017 at 10:31 AM
Nigeria - 26/04/2017: Today's Naira Rate Against The Dollar, Pounds And Euro
Nigerian naira opened trading on Wednesday on a positive note as Central Bank of Nigeria extends intervention to converge the official and black market rates. Table below shows today's (26/04/2017) exchange rate of the Nigerian Naira against the Dol...
Apr 26, 2017 at 10:00 AM
Nigeria's Excess Crude Account Stands At $2.45bn
Minister of Finance, Mrs Kemi Adeosun, on Tuesday revealed that Nigeria's excess crude account balance stood at 2.45 billion dollars. The Accountant-General, Mr Ahmed Idris, who represented Mrs. Adeosun, at the monthly FAAC meeting, held in Abuja, g...
Apr 26, 2017 at 9:33 AM
Nigeria: BREAKDOWN Of How FG, States, LGs Shared N467.8Bn In March
The Federation Account Allocation Committee (FAAC) on Tuesday said it shared N467.8 billion as revenue for March to the federal, states and local governments. The amount was N38.7 billion more than the amount shared by the three tiers of government ...
Apr 26, 2017 at 8:43 AM
Dangote Releases First Batch of Locally Assembled Trucks
Dangote Sinotruck West Africa Limited on Tuesday rolled out its first set of locally assembled Chinese trucks, The Group General Manager, Projects, Mr. Hikmat Thapa, announced. According to him, the firm works in eight-hour shifts, assembling betwee...
Apr 26, 2017 at 8:08 AM
CBN Governor - Nigeria Will Be Out Of Recession By Third Quarter
Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN has said Nigeria will be out of recession by the third quarter of 2017. The CBN Governor made the remark after meeting with Senate Leadership; PUNCH reports. “We are very much optim...
Apr 26, 2017 at 7:16 AM
How Nigeria's Digital Economy Can Create Over 3m Jobs
Nigeria’s digital economy could add US billion and create over 3 million new jobs over the next 10 years. This is coming as Ministers from developing countries namely Nigeria, Mexico, Kenya, Argentina, Colombia, Sri Lanka, Uruguay, Chile, Costa R...
Apr 25, 2017 at 3:45 PM
[VIDEO] CNN's Richard Quest Calls For Proper Deregulation, Open Transparency In Nigeria
Richard Quest is CNN's foremost international business correspondent and host of Quest Means Business, has described Nigeria as a sleeping giant economically. Quest stated this on Wazobia TV in Lagos. He said: “for 30 years, I have been asked about...
Apr 25, 2017 at 11:51 AM
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