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Business News

Nigeria News -Business News updates and Summaries in Nigeria today
  1. Samguine

    Business Nigeria - 23/04/2018: Today's Naira Rate Against The Dollar, Pounds And Euro

    Today's (23/04/2018) exchange rate of the Nigerian Naira against the Dollar, Pound and Euros ...
  2. curator

    Business BusinessDay to unveil top 25 Nigerian CEOs 2017 power rankings – BusinessDay

    Leading a company and creating value depends on many skills that are hard to measure—strategic vision, authenticity, long-term planning. Investors aren’t the only stakeholders that need tending to; the best-run companies connect effectively with cust...
  3. curator

    Time is running out for Courteville’s business model – Nairametrics

    On Monday, April 16th, 2018, the share price of Courteville Business Solutions Plc reached its lowest level in five years, closing at ₦0.20 against outstanding shares of 3.55 billion. With this, the company’s market capitalisation stood at ₦710,000...
  4. curator

    IMF acknowledges CBN’s monetary policy success – The Guardian Nigeria Newspaper – Nigeria...

    The Central Bank of Nigeria (CBN) is relishing the success of its monetary policy, especially regarding the foreign exchange, as the efforts have been finally acknowledged by the international financial community. The International Monetary … R...
  5. curator

    UBA holds CEO awards, rewards outstanding staff – The Guardian Nigeria Newspaper – Nigeria...

    The pan African financial institution, United Bank for Africa (UBA) Plc on Saturday, held the 2018 edition of its Annual CEO awards, honouring staff who performed exceptionally in the past year, at a night of glitz and glamour and away from the usual...
  6. curator

    Nigeria’s return to JP Morgan’s Index imminent as NAFEX attracts $45bn in 1yr – Vanguard...

    The readmission of Nigeria into the J.P Morgan Government Bond Index-Emerging Market (GBI-EM) is imminent following the successful operation of the Investors and Exporters (I&E) window for one year with turnover of billion. Citing lack of liqui...
  7. curator

    IMF worried about Nigeria’s ability to service external loans – The Guardian Nigeria...

    The International Monetary Fund (IMF) has expressed concern over Nigeria’s ability to service its external loans estimated at over .9billion, given its mono-product economy status and low revenue base. IMF Director................ Read more...
  8. curator

    118m Nigerian Adults Have No Bank Account – World Bank – Leadership Newspaper

    Recent data provided by the World Bank says 118 million Nigerians do not have bank accounts. The information was made available in the latest Global Findex Database report released on Thursday at the ongoing Spring meetings of the International Monet...
  9. curator

    Nigeria’s economy in reverse gear – Henry Boyo, renowned economist – The Sun News

    Renowned economist and Managing Director of Cocosheen Nigeria Limited, Lagos, Mr Henry Olujimi Boyo, in this interview, declares that positive indices that can drive the Nigerian economy are lacking and pointedly accuses those who has the responsibil...
  10. curator

    Kwese TV Hit by Cash Flow Problems, Misses Payments for World Cup Rights – Thisdaylive

    Pan-African pay-television service provider, Kwese TV, has been hit by a cash crunch, forcing it to default on payments to rights holders to some of the content it seeks to broadcast. A recent report published by TV Sports Market listed rights holder...
  11. curator

    Foreign donors boost power projects with $1.5bn – Punch Newspapers

    International donors are providing about
    .5bn loan to Nigeria for the expansion of power transmission projects across the country. Officials of the Transmission Company of Nigeria confirmed this in Abuja on Saturday and stated that the funds were b...
  12. curator

    Vodacom seals deal with Intelsat to improve Nigeria’s internet connectivity – Vanguard News

    Vodacom Business Nigeria and Intelsat S.A. has announced an agreement to expand its enterprise broadband connectivity in Nigeria. This is in order to further provide improved satellite services to its local enterprise customers. The strategic agreeme...
  13. Iroka Chinedu

    Business 18yrs After, Supreme Court Voids Mobil’s Sack of 860 Nigerians – Thisday Newspaper

    The Supreme Court on Friday voided the sack of about 860 Nigerian employees of Mobil Producing Nigeria Unlimited, employed in the year 2000 as security officers, but named by the company as Supernumerary Police officers (SPY). The five man panel of ...
  14. curator

    Business 9 Nigerian entrepreneurs made this Forbes list – Nairametrics

    Earlier this week, while speaking at the 2018 Commonwealth Business Forum, President Muhammadu Buhari implied that most Nigerian youths are lazy and want everything on a platter of gold. Coincidentally, on the same day he made this controversial comm...
  15. Iroka Chinedu

    Business Air conditioned taxis in FCT - Daily trust newspaper

    The Federal Capital Territory Administration’s (FCTA) Transport Secretariat recently released guidelines for Passenger Service Vehicles (PSVs) operating within the Federal Capital Territory, FCT. FCTA’s Transport Secretary Kayode Opeifa said after ...
  16. siteadmin

    Business Nigeria's Debt Level Under Control - Kemi Adeosun - Nairametrics

    Minister of Finance, Kemi Adeosun has assured that Nigeria’s debt level was still sustainable and under control. Read more via Nairametrics – https://ift.tt/2qPRiHV -- Get More Nigeria Political News...
  17. Kayode Falayi

    Business THLD Group, Doowe Gas sign deal to promote sales of autogas - The Guardian Newspaper

    Doowegas and THLD GROUP have signed a collaboration agreement to promote the conversion, usage and sales of autogas (liquefied petroleum gas) vehicles in Nigeria. The agreement was signed by James Atiti; Doowegas chief executive officer and Olajuwan ...
  18. curator

    Business NSE moves 760.52 million shares valued N8.91 billion in positive trading – Premium Times

    The volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday rose by 230.42 per cent, with FCMB Group and Oando emerging the most active. A total of 760.52 million shares valued at N8. 91 billion were transacted by investors in 5,554...
  19. curator

    Business Preferred bidder offers $25.5m for Warri terminal – Punch Newspapers

    Ocean and Cargo Terminal Services Limited has emerged the preferred bidder for the concession of Terminal B Warri Old Port in Delta State, the Bureau of Public Enterprises has said. A statement by the Head, Public Communications, BPE, Amina Othman, ...
  20. Iroka Chinedu

    Business Crude Oil Price Rises to $74, Highest in Four Years - This Day newspaper

    With the declining United States crude oil inventories, the price of oil thursday hit per barrel, its highest in nearly four years as Saudi Arabia moved to push for a price rise of -0 per barrel. Thisday reported that Brent crude futures...
  21. Iroka Chinedu

    Business Ecobank, MTN collaborate to boost financial inclusion in Africa - Punch newspaper

    MTN Group and Ecobank Transnational Incorporated have come together to provide mobile financial services across the various African countries where they currently operate. The partnership, which was announced on Tuesday in Lagos, would see MTN and E...
  22. Iroka Chinedu

    Business Naira to remain stable on CBN interventions - Punch newspaper

    The naira is expected to remain stable against the United States dollar in coming weeks as the Central Bank of Nigeria continues to intervene in the foreign exchange market. The CBN on Wednesday injected 0m into the foreign market, about a week a...
  23. Iroka Chinedu

    Business Sterling Bank launches new mobile app - Punch newspaper

    Sterling Bank Plc has launched a new mobile banking application known as I-invest in a bid to encourage people to build a savings and investment culture. The new application is supported on Android and IOS devices. Click here to read more...
  24. Iroka Chinedu

    Business NNPC ends lease agreement with mega station owners - Punch newspaper

    The Nigerian National Petroleum Corporation on Thursday announced that it had ended its lease agreement with owners of the super mega petrol station along the Abuja Airport Road in the Federal Capital Territory. It also stated that its downstream re...
  25. curator

    Nigeria To Lose 30,000 Barrels Of Oil Daily As Addax Workers Begin Strike | Sahara...

    Workers of Addax Petroleum Development Nigeria Limited under the umbrella of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, commenced indefinite strike on Monday over alleged impunity by the management of the company. Accor...

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