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Nigeria News -Business News updates and Summaries in Nigeria today
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    Business NCC Expects Release of New Price for Data – NaijaBizCom

    The Nigeria Communication Commission (NCC) is looking to release a new price for data, Prof. Umar Danbatta, the Executive Vice Chairman of NCC, has said. Danbatta made the disclosure on Thursday during his.... Read more via NaijaBizCom – https:/...
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    Business Airbus warns it will leave Britain if there’s no EU deal on Brexit – Nbc News

    The United Kingdom’s Brexit plans hit another major bump Friday when global aviation giant Airbus threatened to pull out of the country … Read more via More Top Stories – https://ift.tt/2tqOhiM Get more: Nigeria Business News...
  3. Samguine

    Business Nigeria - 22/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (22/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros ...
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    Business MTN set to take over Visafone licence – The Guardian Nigeria Newspaper

    Nigerian Communications Commission (NCC) has begun the process for the transfer of the licence of Visafone Communications Limited to digital mobile operator, MTN Nigeria Communications Limited. It was gathered that the transfer of Visafone’s license ...
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    Business Fuel importation: Nigeria’ll lose $561.2m from NNPC’s 50% rebate –NPA boss – The Sun News

    The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman, has said the country would lose the sum of 1.2 million and N334.2 million revenue from the 50 per cent rebate approved by the Federal Government for the Nigerian National ...
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    Business Nigerian Banks Lose N12.30bn To Fraud In 4 Years – NIBSS – Leadership Newspaper

    The Nigerian Inter-Bank Settlement System (NIBSS), yesterday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017. Managing director, NIBBS, Mr Adebisi Shonubi, disclosed this at the third annual Banking Se...
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    Business Dangote refinery to address Nigeria’s crude oil refining challenges – IPMAN – Nigeria News

    The Independent Petroleum Marketers Association of Nigeria on Monday said that the Dangote Refinery, Petrochemical and Fertilizer projects would solve the country’s crude oil refining and exporting challenges, when completed. Alhaji Debo Ahmed, the...
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    Business Dangote Sugar Refinery rewards shareholders with N21billion dividend – Premium Times Nigeria

    Dangote Sugar Refinery Plc has increased dividend payable to shareholders for the financial year ended December 31, 2017 to N21 billion. The company’s Chairman, Aliko Dangote, made this known at the 2018 Annual General Meeting (AGM) in Lagos that t...
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    Business NNPC extends crude-for-refined oil contracts, settles $5b cash-call arrears – The Guardian News

    Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said the corporation would continue to swap crude oil for refined petroleum products for the next six months in the face of obsolete refineries in the c...
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    Business Nigeria’s unbanked population stands at 37% – CBN – Premium Times Nigeria

    Barely two years to the 2020 target to reduce unbanked Nigerians to 20 per cent, the Central Bank of Nigeria (CBN) says the country’s unbanked population currently stands at 37 per cent. Mr Dipo Fatokun, Director, Banking & Payment Systems, CBN, st...
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    Business Instagram just launched a weird new app. Here’s everything you need to know – The Independent

    Instagram has finally launched the feature you never knew you wanted: a TV network. GTV – which is an app but also a feature, and both a TV system and not one at all – has been described by Instagram as its "most exciting feature to date". But … ...
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    Business Bayelsa govt., Microsoft, IGNITE partner to train teachers, students on ICT – The Sun Newspaper

    As parts of efforts aimed at equipping teachers and students to explore opportunities in Nigeria’s evolving technology eco-system, the Bayelsa State.... Read more via The Sun Newspaper – https://ift.tt/2tgMz4m Get more: Nigeria Business News...
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    Business Oil remains essential for Nigeria’s economic growth, says Baru – Vanguard Newspaper

    Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), said oil revenue remained vital for building the nation’s economy..... Read more via Vanguard Newspaper – https://ift.tt/2MdaLM6 Get more: Nigeria Busine...
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    Business Nigerian fashion industry to deepen with N1bn BoI fund – BusinessDay News

    Photo Credit- Home Improvement Interested Nigerian fashion designers at the micro, small and medium scale level in search of funds for growth and expansion can now access them as the Bank of Industry (BoI) announces a N1 billion fashion fund. Last w...
  15. Samguine

    Business Nigeria - 21/06/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (21/06/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros ...
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    Business FG to tackle SME challenges with industrial clusters – Vanguard News

    The Federal Government is planning to tackle challenges faced by Small and Medium Enterprises (SMEs) through development of industrial clusters, with particular regard to accessing work space and common amenities like internet access, water, power, r...
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    Business FG unveils new loan scheme for micro businesses – Vanguard News

    The Federal Government will soon roll out a new soft loan scheme aimed at funding micro businesses in the country. Vice President, Prof. Yemi Osinbajo, who disclosed this at the launching of the Micro, Small and Medium-Scale Enterprise (MSME) … R...
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    Business Drop In US Commercial Crude Inventories Pushes Up Oil Prices – Leadership Newspaper

    Oil prices pushed up yesterday supported by a drop in U.S. commercial crude inventories, according to report by the American Petroleum Institute (API). U.S. crude inventories fell by 3 million barrels in the week to June 15 to 430.6 million barrels...
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    Business Inside Impediments To N15bn Vehicle Assembling Plant’s Take-off In Nasarawa – Leadership News

    In this report, MARK ITSIBOR uncovers how efforts of multi-purpose company with potentials of turning a community into an industrial hub are being ‘frustrated’ in Gunduma Community of Nasarawa state. A people’s hospitality tells a compelling story ...
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    Business CBN boosts forex market with $210 million – Premium Times Nigeria

    The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with 0 million to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications, said. Mr Okoroafor said this in a statement on Wed...
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    Business Seplat, 19 others push market cap below N14tn – Punch Newspapers

    The stock market extended its decline on Wednesday as 20 companies led by Seplat Petroleum Development Company Plc recorded losses at the close of trading on the Nigerian Stock Exchange. The market capitalisation of equities listed on the NSE dropp...
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    Business Dangote Cement shareholders approve N10.5 dividend payment – Punch Newspapers

    Shareholders of Dangote Cement on Wednesday approved the dividend payout of N10.50 per 50 kobo share, representing 90 per cent of net profit and an increase of 23.5 per cent over the N8.5 per share paid last year. The President, Progressives Shareh...
  23. Samguine

    Business Abraaj Bankruptcy Hits Stake In 8 Nigerian Companies - Business Day

    Africa focused Private Equity (P.E) firm Abraaj’s imminent liquidation means its shareholding in eight Nigerian companies are hanging in the balance. These companies include Indorama Eleme Fertilizers and Mouka Foam Ltd, where it invested an undisclo...
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    Business Instagram now allows 60-minute videos – BBC News

    Instagram has released a long-form video feature which allows users to post hour-long clips. IGTV lets users create content exceeding the current maximum 60-second clip limit for the first time. It’s not clear if the longer videos would include adv...
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    Business Nigeria spends N643.6bn servicing domestic debt – DMO – PM NEWS Nigeria

    The Federal Government spent N643.6 billion on servicing the nation’s domestic debt for January to March, says the Debt Management Office (DMO). In its Quarterly Debt Data for .... Read more via PM NEWS Nigeria – https://ift.tt/2M7DHEV Get more...

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