naijabizcom news

  1. Kenneth Chimaobi

    Metro Man Dies after Booking into Lodging with Girlfriend – Naijabizcom News
  2. Kenneth Chimaobi

    Business Nigeria Banks at risk of rising bad loans – CIBN president – Naijabizcom News
  3. Kenneth Chimaobi

    World Intelligent Sex Robots With Mood Swings On Sale For £12,000 – Naijabizcom News
  4. Chinedu Iroka

    Business Nigeria Power sector loses N356.49bn as 4,000MW stalled daily – Naijabizcom
  5. Chinedu Iroka

    Business Poor electricity costs Nigeria N10tn yearly, says World Bank – Naijabizcom
  6. Nigeria Business News

    Business How FIRS Failed To Collect N41 Billion Taxes From Firms – Audit Report – Naijabizcom

    The Federal Inland Revenue Service failed to collect taxes worth about N41 billion in Lagos Nigeria, , a government audit report has said. This is even as it has not been able to meet up with its target over the past four consecutive years, the report added.The taxes, which … Read more via...
  7. Nigeria Business News

    Business FirstBank Plc appoints non-Executive Director – Naijabizcom

    FIRST Bank of Nigeria Limited has announced the appointment of Ado Yakubu Wanka as Non-Executive Director. Speaking on his appointment, Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan, said: “We are delighted to welcome Alhaji Ado Yakubu Wanka, to the FirstBank...
  8. Nigeria Business News

    Business LAPO Microfinance Bank gets new CEO – Naijabizcom

    The Board of Directors of LAPO Microfinance Bank says it has nominated Mrs Cynthia Ikponmwosa as the managing director designate of the bank. A statement said she succeeded the founder/Chief Executive Officer, Lift Above Poverty Organisation and.... Read more via Naijabizcom –...
  9. Nigeria Business News

    Business Nigeria Foreign reserves fall by $1.26bn in four weeks – Naijabizcom

    Nigeria’s foreign reserves fell by $1.26bn from $41.76bn in October 2 to $40.5bn as of the end of October 30, according to figures from the Central Bank of Nigeria on Thursday. The reserves which had continued to shed in recent months dropped by $482.18m from N45.14bn as of July … Read more...
  10. Nigeria Business News

    Business Access Bank Gives Customers one week free Instant Transfer – Naijabizcom

    It’s not every day that an organization runs a cost-intensive promo across-the-board as a compensatory move of gratitude. Access Bank, Nigeria’s leading retail bank, is doing that in an amazing way. The bank is offering its customers, who are in tens of millions, free instant transfers for a...
  11. Nigeria Business News

    Business Banks responsible for N1.79tn non-performing loans – AMCON boss – Naijabizcom

    Deposit money banks (DMBs) in the country are largely responsible for the huge portfolio of over N1.79trillion non-performing loans, the Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has said..... Read more via Naijabizcom – Get...
  12. Nigeria Business News

    Business Shell JV, SNEPCo have paid $2b to NDDC’ – Naijabizcom

    The Shell Petroleum Development Company (SPDC) Joint Venture, Shell Nigeria Exploration and Production Company (SNEPCo) and its co-venture partners have contributed $2 billion to the Niger Delta Development Commission (NDDC)..... Read more via Naijabizcom – Get more...
  13. Nigeria Business News

    Business Nigerians To Pay More For Electricity Consumption by 2020 – NERC – Naijabizcom

    The Federal Government of Nigeria through the Nigerian Electricity Regulatory Commission has increased the tariff payable by power consumers across the country.... Read more via Naijabizcom – Get more: Nigeria Business News
  14. Nigeria Business News

    Business GTBank declares N8.83b interim dividend on H1 Results – Naijabizcom

    GUARANTY Trust Bank (GTB) Plc will be distributing N8.83 billion as interim cash dividends to shareholders after pre-tax profit rose to N115.79 billion in the first half of this year.... Read more via Naijabizcom – Get more: Nigeria Business News
  15. Nigeria Business News

    Business CBN’s report: AMCON N3.8tr Bonds mature 2023 – Naijabizcom

    The Asset Management Corporation of Nigeria (AMCON) N3.8 trillion six-year Notes will mature in 2023, a report by the Central Bank of Nigeria (CBN) has shown. According to the CBN’s Annual Activity Report, the AMCON Bond was issued in December 2014 at six per cent interest rate and have …...
  16. Nigeria Business News

    Business Access Bank Nigeria Introduces Loan For Smartphone Purchase – Naijabizcom

    Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion..... Read more via Naijabizcom – Get more: Nigeria Business News
  17. Nigeria Business News

    Business Stakeholders seek clarification of forex ban for food import – Naijabizcom

    Industry stakeholders have called for further clarification on the recent pronouncement by President Muhammadu Buhari that Nigeria has attained food security, and as such, the Central Bank of Nigeria (CBN), should not.... Read more via Naijabizcom – Get more: Nigeria...
  18. Nigeria Business News

    Business CBN Plans Single-digit Interest Loan For Oil Palm Producers In SE/SS – Naijabizcom

    The Central Bank of Nigeria on Monday unveiled fresh plans to revive the palm oil value chain to enable the sector to generate foreign exchange and reduce the level of unemployment in the country. The CBN Governor, Mr Godwin Emefiele, unveiled the strategies while speaking during a meeting...
  19. Nigeria Business News

    Business Palm oil imports gulp N504bn in five years – Naijabizcom

    Importation of palm oil into the country gulped $1.4bn (about N504bn) in the past five years, investigation has shown. Global import data from the United States Department of Agriculture indicate that Nigeria imported a total of 2.04 million tonnes of palm oil between 2014 and the first few...
  20. Nigeria Business News

    Business Olam offers N120 billion to buy Dangote Flour Mill – Naijabizcom

    Olam International, a leading food and agri-business company, that previously showed interest in the acquisition of Dangote Flour Mill (DFM) has made a final offer of N120 billion. The transaction if successful will make DFM a completely owned subsidiary of Olam International. Dangote Flour...