nairametrics news
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Business Nigeria Customs service records N1.002trn revenue in 9 months – Nairametrics
About N1.002 trillion was generated between January and September 2019 by the Nigeria Customs Service (NCS). This is according to data from the Department of Research and Statistics.... Read more via Nairametrics – https://ift.tt/2Ka0Vvz Get more: Nigeria Business News- Nigeria Business News
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Business YouTube’s new policy creates uncertainty among content creators – Nairametrics
Online streaming service, YouTube seems to have instilled fear in content creators with its newly updated Terms of Service scheduled to take effect from..... Read more via Nairametrics – https://ift.tt/32Cjf6U Get more: Nigeria Business News- Nigeria Business News
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Business Nigeria loses $41.9 billion to crude oil theft in 10 years – Nairametrics
Nigeria lost $41.9 billion to crude oil and refined products theft between 2009 and 2019, a report obtained by Nairametrics from Nigeria Extractive Industries Initiative disclosed. According to the policy brief of the agency, which was released on Wednesday, the nation lost $38.5 billion on...- Nigeria Business News
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Business Nigeria may benefit from this Volkswagen, Siemens Africa deal – Nairametrics
The automotive industry in Nigeria may be the beneficiary of a new joint development agreement between Volkswagen and German-based Siemens company.... Read more via Nairametrics – https://ift.tt/2qw6HRd Get more: Nigeria Business News- Nigeria Business News
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Business Ernest Ndukwe steps down from Access Bank’s board – Nairametrics
The Board of Directors of Access Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the resignation of Ernest Ndukwe as an Independent Non-Executive Director from the bank’s board..... Read more via Nairametrics – https://ift.tt/2PRryJF Get more: Nigeria...- Nigeria Business News
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Business ‘Bata’ is back, opens a N350 million factory – Nairametrics
A famous shoe manufacturer, Bata has staged a comeback in Nigeria as it launched a new factory worth N350 million in the Federal Capital Territory, Abuja, to aid local production of footwear in Nigeria.... Read more via Nairametrics – https://ift.tt/2JPZAu0 Get more: Nigeria Business News- Nigeria Business News
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Business January 2020 is no terminal date; Borders will remain shut after then – Customs – Nairametrics
Contrary to reports that were making the rounds on Sunday that President Muhammadu Buhari had approved the extension of the closure of Nigeria’s borders to January 31, 2020, the Nigeria Customs Service (NCS) has made clarifications. According to the NCS Public Relations Officer, Joseph Attah...- Nigeria Business News
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Business Massive shakeup in Dangote Flour as key Board members resign, appoints new ones – Nairametrics
Key members on the board of Dangote Flour Mills Plc have announced their resignation from the positions they held at the flour milling company. The Details: In a notice sent to the Nigerian Stock Exchange (NSE) and the general investing public, Asue Ighodalo, Thabo … Read more via...- Nigeria Business News
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Business Fashola divulges FG’s plans to build affordable homes – Nairametrics
The Minister of Works and Housing, Babatunde Fashola, has disclosed the plan of the Federal Government (FG) to build more low-cost houses in 34 states of the country. This is in addition to road construction projects currently ongoing across all the 36 states of Nigeria. The Details: … Read...- Nigeria Business News
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Business Akwa-Ibom, Ondo, Taraba, 3 others spend over N100 billion on unviable airports – Nairametrics
It is no longer news that Governor Kayode Fayemi of Ekiti State has laid the foundation for the Ekiti Cargo Airport in Ado-Ekiti but what is not clear is the need for the facility, which is estimated to cost the state and its partners about N20 billion. There are two major concerns on the...- Nigeria Business News
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Business SystemSpecs appoints new executive directors – Nairametrics
Fintech company, SystemSpecs has appointed Demola Igbalajobi and Ezinne Obikile as its new Executive Directors. SystemSpecs made this known in a statement as it said that their appointment would... Read more via Nairametrics – https://ift.tt/2NoUDsP Get more: Nigeria Business News- Nigeria Business News
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Metro See what FG said Nigerians should tell on the mountain, and how the people reacted – Nairametrics
The Nigerian presidency released a rather interesting video on Twitter, yesterday, encouraging Nigerians to rejoice over the little progress Nigeria is making despite the many challenges facing the country..... Read more via Nairametrics – https://ift.tt/32SLnUB Get More Nigeria Metro News- Nigeria Metro News
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Business Nigerian Ports Authority seeks N50 billion for patrol boats, fenders purchase – Nairametrics
The Nigerian Ports Authority (NPA) is seeking about N50 billion in total for the refixing of dilapidated fenders and purchase of new patrol boats for the ports across the country. Nairametrics understands that the change of the fenders at the ports is needed to help in enhancing the … Read...- Nigeria Business News
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Business Poultry owners jack up prices of chickens, others, as Nigerians abandon imported frozen foods – Nairametrics
Poultry owners are reportedly jacking up prices of chickens, turkeys and other farm produce, as Nigerians are abandoning imported frozen foods due to the continuous rise in their prices and scarcity. This was disclosed in the latest household survey carried out across major markets in Lagos...- Nigeria Business News
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Business 387 pharmacies shut down by PCN, here is why – Nairametrics
No fewer than 387 pharmacies has been shut down over unethical practices and lack of compliance by the Pharmacists Council of Nigeria (PCN). The pharmacies which.... Read more via Nairametrics – https://ift.tt/2pjVx1L Get more: Nigeria Business News- Nigeria Business News
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Business Oil exploration breakthrough in Gongola opens up new frontiers – Nairametrics
On October 10, the NNPC drilling crew working at Kolmani River-II in Gongola Basin encountered hydrocarbon outflow to the wellhead while testing. Preliminary evidence from the exploration area revealed that the hydrocarbon deposits consist of gas, condensate, and light, sweet crude … Read...- Nigeria Business News
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Business Finance Minister vows to recover AMCON debt through issuance of promissory notes – Nairametrics
Nigeria’s Finance Minister, Zainab Ahmed has pledged to assist Asset Management Company of Nigeria (AMCON) in recovering some of the debts owed to it by debtors via the use of promissory notes.... Read more via Nairametrics – https://ift.tt/2pRqXwr Get more: Nigeria Business News- Nigeria Business News
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Business Banks refund N3.09 billion to customers over fraud, excess charges, others – Nairametrics
Deposit Money Banks (DMBs) in Nigeria refunded a cumulative sum of N3.093 billion to customers in 2018, due to various claims ranging from Excess/Unauthorised charges, Frauds, Guarantees, Dispense errors and Funds Transfers... Read more via Nairametrics – https://ift.tt/31C0T5O Get more...- Nigeria Business News
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Business Innoson reacts to FG order to relocate manufacturing plant to Lagos, Kaduna in order not to lose license – Nairametrics
The founder of Innoson Vehicles, Innocent Chukwuma, has reacted to the purported presidential order which directed him to relocate his Vehicle manufacturing plant to the Southwest or Northern part of Nigeria if he doesn’t want to lose his operating license.... Read more via Nairametrics –...- Nigeria Business News
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World Coca-Cola hits $2.6 billion profit – Nairametrics
Coca-Cola announced on Friday that its third-quarter profits increased by 38% as the company’s gain rose to $2.6 billion. Chief Executive Officer of the company, James Quincey, explained that it was the solid... Read more via Nairametrics – https://ift.tt/2P1TcTQ Get more World News- Nigeria World News
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