business day news

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    Business Macobarb Int’l accuses NLNG of demolishing its base in Bonny despite N969m case pending at NCDMB – Businessday NG

    https://businessday.ng/news/article/macobarb-intl-accuses-nlng-of-demolishing-its-base-in-bonny-despite-n969m-case-pending-at-ncdmb/
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    Metro Lagos building collapse: Death toll hits 6 – Businessday NG

    https://businessday.ng/news/article/lagos-building-collapse-death-toll-hits-6/
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    Business Again NCC, DSS Warn Against Use of Pre registered Sim – Businessday NG

    https://businessday.ng/news/article/again-ncc-dss-warn-against-use-of-pre-registered-sim/
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    Business Businesses, lives suffocate as corruption perpetuates Apapa gridlock – Businessday NG

    https://businessday.ng/exclusives/article/businesses-lives-suffocate-as-corruption-perpetuates-apapa-gridlock/
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    Business Strike action no solution to minimum wage debate, group tells Kwara labour unions – Businessday NG

    https://businessday.ng/news/article/strike-action-no-solution-to-minimum-wage-debate-group-tells-kwara-labour-unions/
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    Metro Ghana spent $7.5m to build Covid-19 hospital, Nigeria used N32bn for tent - Business Day

    https://businessday.ng/lead-story/article/ghana-spent-7-5m-to-build-covid-19-hospital-nigeria-used-n32bn-for-tent/amp/
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    Business From local oil firms to banks, here’s what a $40 oil price means for Nigeria – Businessday NG

    https://businessday.ng/short-take/article/from-local-oil-firms-to-banks-heres-what-a-40-oil-price-means-for-nigeria/
  8. Nigeria World News

    World White men most likely to feel better off under Trump — poll – Businessday NG

    Americans who say they are financially better off under Donald Trump’s presidency are overwhelmingly white men, despite the president’s claims that “almost everyone” has felt the benefits of US economic growth since he took office. The sharp ethnic and gender differences over Mr Trump’s...
  9. Nigeria Metro News

    Metro Customs, police, army using fake document to extort farmers – Federal agency implies – Businessday NG

    Some officers of the Nigeria Customs Service (NCS), Nigeria Police, and the Nigerian Army have been at the centre of extortion suffered by some local farmers to an estimated N1.33 billion, facilitated through what has now been established to be a fake document by the agency whose identity …...
  10. Nigeria Business News

    Business Why 64m of Nigeria’s working class cannot buy affordable housing if available – Businessday

    Out of the 69.54 million Nigerians reported by the National Bureau of Statistics (NBS) to have been gainfully employed as at third quarter of 2018, only 5 million of the total number earn a salary of N3 million and above per year, as compiled from data by Graeme Blaque Group, a Lagos-based...
  11. Nigeria Business News

    Business Nigeria Unveils $732 Million Broadband Project to Boost Economy – Businessday NG – Businessday NG

    Nigeria plans to invest 265 billion naira ($732 million) in broadband infrastructure over the next four years as the government sets its sights on nationwide coverage and to boost an economy recovering from a 2016 contraction. The government will provide 65 billion naira for the project and...
  12. Nigeria Business News

    Business Why WEMPCO Group seeks to offload Oriental Hotel – Businessday NG

    A major debt burden is weighing heavily on Western Metal Products Company Limited (WEMPCO) Group as it plans to sell its flagship five-star Oriental Hotel, BusinessDay has learnt. According to a document seen by BusinessDay on Tuesday, owners of the Luxury Oriental Hotel, situated in-between...
  13. Nigeria Business News

    Business Is NNPC correct that 25m litres of Nigerian petrol are smuggled out daily? – BusinessDay

    Unlike 2017, the Christmas holidays have proceeded without long fuel queues that usually mar the period. But this has come at a huge cost. Since March this year, the Nigerian National Petroleum Corporation has maintained that daily consumption of petrol has risen to more than … Read more...
  14. Nigeria Business News

    Business FG’s 2019 revenue projections shaky as oil prices drop to US$53.01 per barrel – BusinessDay

    Revenue projections in Nigeria’s 2018 budget proposal is already falling apart as Brent Crude oil price continuous to drop. Brent crude was trading at US$53.01 on Wednesday evening after initially dropping below the US$50 mark earlier in the day, sending panic through the oil market. … Read...
  15. Nigeria Business News

    Business Access to raise $200m, write off all Diamond bad loans – BusinessDay

    Access Bank which announced the acquisition of Diamond Bank to create Nigeria’s largest banking institution will embark on a fund raising exercise of about $200m to keep its capital well above regulatory requirements, bankers working on the deal told the Financial Times. Access Bank reached …...
  16. Nigeria Business News

    Business Access – Diamond merger signals stronger banking industry – BusinessDay

    On Monday, Diamond Bank Plc and Access Bank Plc, officially announced a merger deal that would result to a Nigeria and Africa’s largest retail bank by customers. The Board of Diamond Bank believes that the merger is in the best interest of all stakeholders including, … Read more via...
  17. Nigeria Business News

    Business Access Bank now Nigeria’s largest lender after N27bn Diamond merger – BusinessDay

    Access Bank Plc is growing fast; swallowing one bank at a time to achieve an old ambition that came closer with the acquisition of Diamond bank. Access Bank’s rise started with its acquisition of a bigger bank in the shape of Intercontinental Bank in 2012, … Read more via BusinessDay...
  18. Nigeria Metro News

    Metro Employment Scam: Okonjo Iweala’s signature forger jailed- EFCC – BusinessDay

    Raymond Azuka, who was prosecuted by the Economic and Financial Crimes Commission, EFCC for forging a reference letter purportedly signed by Okonjo-Iweala, in order to gain employment at the Nigerian Security Printing and Minting, NSPM as Security Assistant 1A has been sentenced to four years …...
  19. Nigeria Business News

    Business Why Buhari, Atiku’s job promises are unrealistic – BusinessDay

    Despite the massive shedding of jobs in the economy over the last three years, where a record nine million people lost their jobs – and despite the doubling of the unemployment figure from 8.9 percent in the second quarter of 2015 to 18.8 percent Q3 … Read more via BusinessDay Online, TV, and...
  20. Nigeria Business News

    Business Buhari’s approval rating hits 4-year low – BusinessDay

    A monthly job approval rating survey, which gauges public support for the president, conducted by NOI polls shows that President Muhammadu Buhari’s approval ratings has hit a four year low, dropping to 36 percent in October 2018 from a high of 80 percent in October … Read more via BusinessDay...
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