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nigeria business news

  1. Nigeria Business News

    Business Coronavirus: Nigerian Traders In China Town Lament Decline In Sales – Sahara Reporters

    http://saharareporters.com/2020/02/28/coronavirus-nigerian-traders-china-town-lament-decline-sales Read more via Sahara Reporters – https://ift.tt/32M9PI5 Get more: Nigeria Business News
  2. Nigeria Business News

    Business Coronavirus: Nigerian Stock Exchange loses N308bn – Newtelegraph

    https://www.newtelegraphng.com/coronavirus-nigerian-stock-exchange-loses-n308bn/ Read more via Newtelegraph – https://ift.tt/32zd2um Get more: Nigeria Business News
  3. Nigeria Business News

    Business Nigeria increases Sovereign Wealth Fund capital by $250m – Newtelegraph

    https://www.newtelegraphng.com/nigeria-increases-sovereign-wealth-fund-capital-by-250m/ Read more via Newtelegraph – https://ift.tt/2TvVifo Get more: Nigeria Business News
  4. Nigeria Business News

    Business What Air Peace is doing for Nigeria — Obiano – Vanguard News

    https://www.vanguardngr.com/2020/02/what-air-peace-is-doing-for-nigeria-obiano/ Read more via Vanguard News – https://ift.tt/389EaRV Get more: Nigeria Business News
  5. Nigeria Business News

    Business Ibadan electricity consumers reject tariff increase – Vanguard News

    https://www.vanguardngr.com/2020/02/ibadan-electricity-consumers-reject-tariff-increase/ Read more via Vanguard News – https://ift.tt/384ht1i Get more: Nigeria Business News
  6. Nigeria Business News

    Business Nigerian stocks down by 2.21% as fear of coronavirus in Lagos grips investors – Pulse Nigeria News

    https://www.pulse.ng/bi/finance/nigerian-stocks-down-by-221-as-fear-of-coronavirus-in-lagos-grips-investors/rnp1f5z Read more via Pulse Nigeria News – https://ift.tt/2TqIg2u Get more: Nigeria Business News
  7. Nigeria Business News

    Business Nigeria sliding into bankruptcy – PDP – Newtelegraph

    The Peoples Democratic Party (PDP) said Nigeria is sliding into bankruptcy, blaming it on multiple taxation imposed on the people by the All Progressives Congress (APC)-led Federal Government. PDP National Chairman, Prince Uche Secondus, who addressed the..... Read more via Newtelegraph –...
  8. Nigeria Business News

    Business Insecurity: Telco loses 282 base stations to bombings – Newtelegraph

    One of the leading telecommunications services providers in the country, Airtel Nigeria, has recounted its losses to the insurgency in the North-East region. According to the telco, 282 of its base stations in the region have been bombed, resulting in huge revenue loss and poor quality of...
  9. Nigeria Business News

    Business Subscribers spent N2.9trn on airtime in 2019 – Newtelegraph

    Telecommunications subscribers across the four mobile networks in Nigeria spent an estimated N2.9 trillion on airtime throughout last year, New Telegraph has learnt. This amount covered what was spent on voice, text message and data services from the mobile network operators (MNOs).... Read...
  10. Nigeria Business News

    Business Senate considers stiffer penalties as Nigeria loses N271 billion to gas flaring – The Guardian Nigeria News

    The Senate is considering stiffer penalties for individuals and corporate entities engaged gas flaring in with effect from January 1, 2021.The Gas Flaring (Prohibition and Punishment) Bill, 2020, which was sponsored by Senator Albert Bassey Akpan (Akwa-Ibom North East), scaled second reading...
  11. Nigeria Business News

    Business Everything To Know About Trading Stocks In Nigeria – Nigerian Entertainment Today

    Organized financial markets have existed for over a century. To date, the market for financial instruments with varying maturities is represented by trading stocks, debt instruments, commodity contracts and currency. The process of reforming capital markets, including money markets, continues...
  12. Nigeria Business News

    Business Border closure hits Dangote, export moved to Congo – P.M. News

    Dangote Cement exports from Nigeria to neighbouring countries fell 41% in 2019 when Nigeria’s government closed the land borders. The development has made the dominant cement company in Africa move its exports to Congo Republic, producing from plants … Read more via P.M. News –...
  13. Nigeria Business News

    Business Nigeria’s communications regulator sued over warrantless access to ‘call data’ – CPJ

    Laws and Rights Awareness Initiative, a Nigerian nongovernmental organization, filed a lawsuit on February 25 against the Nigerian Communications Commission (NCC) over regulations granting warrantless access to telecom subscribers’ information, including “call data.” The suit claims that...
  14. Nigeria Business News

    Business Nigeria’s economy can’t survive without diaspora inputs, says PwC Chief Economist – Nairametrics

    Nigerians in Diaspora have been described as the chief enablers financing the Nigerian economy. The remittance inflows into the country showed that the nation depends largely on them to survive. This disclosure was made by the Leader and Chief Economist of PwC, Dr Andrew Nevin. … Read more...
  15. Nigeria Business News

    Business Coronavirus delaying reconstruction of Ibom Science Park — Akwa Ibom govt – Vanguard News

    Akwa Ibom State Government has said that the actual commencement of reconstruction work on Ibom Blue Sea Science and Technology Park project had been delayed following the outbreak of the Coronavirus disease. The state Commissioner for Science and Technology, in charge of supervising the...
  16. Nigeria Business News

    Business Nigeria’s recession buffer weak as Coronavirus drives oil near $47/bbl – The Guardian Nigeria News

    With the impact of the coronavirus taking a toll on oil demand and the economy in general, the fear of another recession appears to be imminent as oil price dropped to $53.71 per barrel, amidst falling external reserves and excess crude account (ECA)... Read more via The Guardian Nigeria News...
  17. Nigeria Business News

    Business Indian, others accused of forging SON receipts – Vanguard News

    A Federal High Court in Lagos, on Wednesday, ordered the remand of an Indian and two others for allegedly forging Standards Organisation of Nigeria, SON, receipts. Chucks Okeke, Omkar Shinde, Shittu Adedeji and a company, Everchem Paints Nigeria Limited, were arraigned before Justice Saliu...
  18. Nigeria Business News

    Business Tax Evasion: Tribunal orders Ecobank to pay N1.6 billion to FIRS – Official – Premium Times Nigeria

    The Tax Appeal Tribunal, Lagos Zone, has ordered Ecobank to pay at least N1.6 billion to the Federal Inland Revenue Service (FIRS) as its company income tax for 2016. The tribunal declared as illegal, the decision of Ecobank Nigeria Limited to pay N5.5 billion as dividends to … Read more...
  19. Nigeria Business News

    Business Court bars FG, agencies from deducting Rivers funds over disputed oil wells – The Guardian Nigeria News

    A Federal High Court sitting in Abuja has restrained the Federal Government and its agencies from deducting revenues accruable to Rivers State from the disputed Mbede and Akiri oil wells. Justice Tawo Tawo gave the order yesterday in response to an … Read more via The Guardian Nigeria News...
  20. Nigeria Business News

    Business $4.8bn Nigerian dam to go ahead after lengthy arbitration – Global Construction Review News

    Nigeria is clear to start building Africa’s second-largest hydroelectric plant after the government settled an arbitration case that was holding it up. The Mambilla dam complex, now priced at $4.8bn, is to be built by a consortium led by China Energy Engineering and Sinohydro.... Read more...
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