nigeria business news

  1. Nigeria Business News

    Business CBN retains monetary policy parameters – Premium Times Nigeria

    The Central Bank of Nigeria has resolved to leave all monetary policy parameters unchanged. It took the decision on Tuesday at its first Monetary Policy Meeting since it reduced the lending rate last March.... Read more via Premium Times Nigeria – Get more: Nigeria...
  2. Nigeria Business News

    Business Seplat takes FID on 160,000bopd alternate export pipeline – Vanguard News

    Seplat Petroleum Development Company Plc, has taken a Final Investment Decision, FID, for Amukpe to Escravos 160,000 barrels of oil per day, (bopd), alternate export pipeline. This will provide a third.... Read more via Vanguard News – Get more: Nigeria Business News
  3. Nigeria Business News

    Business Oando, Access bank, others raise fund to tackle crisis in N-East – Vanguard News

    The humanitarian crisis in the North-east part of the country has received the attention of the United Nations (UN) Nigerian Humanitarian Fund- Private Sector Initiative (NHF-PSI) made up of some key private sector.... Read more via Vanguard News – Get more: Nigeria...
  4. Nigeria Business News

    Business Telecoms Sector Contributed N2trn To GDP – Leadership Newspaper

    The Minister of Communications, Barr. Adebayo Shittu, has said the Nigerian telecom sector has contributed N2 trillion which is about 9.5 per cent of the nation’s Gross Domestic Product (GDP).... Read more via Leadership Newspaper – Get more: Nigeria Business News
  5. Nigeria Business News

    Business Flutterwave Bags ISO Certifications – Thisdaylive

    Flutterwave has been awarded ISO 27001 and 22301 certifications by the International Standards for Organisation in Switzerland. Following the successful completion of the certification process in 2018, Flutterwave was officially awarded the certificates recently.... Read more via...
  6. Nigeria Business News

    Business ‘US, China Trade War Good For Naira Stability’ – Leadership Newspaper

    The trade war between the United States of America (US) and China have led to higher crude oil (Brent) prices, which is good for the naira and Nigerian economy, President, Association of Bureaux De Change Operators of Nigeria (ABCON) , Alhaji (Dr.) Aminu Gwadabe has said. … Read more via...
  7. Nigeria Business News

    Business Why We Deboarded Passenger On Lagos-Owerri Flight – Air Peace – Leadership Newspaper

    Air Peace has said it deboarded a passenger identified as Mr. Christopher Aniagboso, from its Lagos-Owerri flight to guarantee the safety of its crew and customers. In a statement issued yesterday by Air Peace corporate communications manager, Mr. Chris Iwarah, the carrier insisted that...
  8. Nigeria Business News

    Business Bank Of America Foresees Oil Price Hitting $90pb – Leadership Newspaper

    The de-escalation of a trade war could result in a weaker dollar and stronger global growth, which along with International Maritime Organization (IMO) changes to shipping fuel rules could raise Brent oil to $90 a barrel, Bank of America, Merrill Lynch said. “The new shipping fuel … Read...
  9. Nigeria Business News

    Business Bellwethers push stock market index by 1.74 per cent – The Guardian Nigeria News

    Trading on the floor of the Nigerian Stock Exchange (NSE), reopened in an upbeat yesterday, following price gains in many bellwether stocks, as the All -share index rose by 1.74 per cent. Specifically, at the close … Read more via The Guardian Nigeria News – Nigeria and World News –...
  10. Nigeria Business News

    Business FEC Approves 0.2 Percent Import Levies – Channels Television

    The Federal Executive Council, FEC, on Monday approved a new import levy on Cost, Insurance, and Freight (CIF) that will be charged on imports coming into Nigeria. The Minister of Finance, Zainab Ahmed, disclosed this while briefing State House Correspondents at the … Read more via Channels...
  11. Nigeria Business News

    Business BIG TROUBLE: CBN’s N650 billion ‘crisis’ explained – Nairametrics

    Last week, the Central Bank of Nigeria scrambled to respond to a leaked tape that alleged a huge fraud had occurred at the apex bank. In the tape, the Governor of the Central Bank of Nigeria, Godwin Emefiele can be heard discussing the problem with his line reports … Read more via...
  12. Nigeria Business News

    Business Huawei Nigeria has something to say about the ban – TechCity

    News about Google cutting off business with Huawei is one of the most striking events in the Android world as it affects all Huawei users globally. Google decided to stop licensing its Android operating system to the Chinese telecommunications firm, in order to comply with a U.S. trade...
  13. Nigeria Business News

    Business FG threatens Unity Bank over N7bn alleged debt – Daily Post Nigeria

    The Special Presidential Investigation Panel for the Recovery of Public Property says it will slam a charge of economic sabotage on Unity Bank if it refuses to return the over N7 billion it was owing the Federal Government. The Head, Media and Communication of the Panel, Ms … Read more via...
  14. Nigeria Business News

    Business NNPC retires 11 senior management staff, to be replaced by in-house officers – P.M. News

    The Nigerian National Petroleum Corporation (NNPC) has explained that the retirement of 11 of its senior management staff and others from its subsidiaries as well as the redeployment of 19 others were part of its normal replacement and back-fill process. … Read more via P.M. News –...
  15. Nigeria Business News

    Business MTN Nigeria Sells At N125 Per Share In Off-Market Deals – Nairaland

    Investors appeared to be willing to pay more than the 10 per cent daily premium on the share price of MTN Nigeria Communications Plc. While the share price of the telecommunications company.... Read more via Nairaland – Get more: Nigeria Business News
  16. Nigeria Business News

    Business The Emefiele Tape, Annotated – Faye & Fraser

    The online paper, Sahara Reporters, managed to get its hand on a recording of the Central Bank governor, Godwin Emefiele, discussing how to fill a seemingly large hole in its balance sheet. Also remarkable is that, from the statement the CBN released immediately after the … Read more via...
  17. Nigeria Business News

    Business Farmcrowdy wins UNIDO disruptive innovation in agribusiness award – The Guardian Nigeria News

    The Farmcrowdy Group has won the United Nations Industrial Development Organisation (UNIDO) Disruptive Innovation Award in Agribusiness. The achievement, under the framework of the International Award 2019 “Innovative Ideas and Technologies in Agribusiness,” was received in Rome, … Read more...
  18. Nigeria Business News

    Business Banks earn big in e-payment charges, customers raise ethical questions – The Guardian Nigeria News

    Section 2 (2) of the Consumer Protection Framework of the Central Bank of Nigeria (CBN) states that financial institutions shall act in the best interest of consumers in the provision of advice and … Read more via The Guardian Nigeria News – Nigeria and World News – Get...
  19. Nigeria Business News

    Business Rising Cases of USSD Fraud: How to Protect Yourself – Leadership Newspaper

    The rate of fraud perpetrated in the financial system through mobile phones have been on the rise in recent years and unsuspecting bank customers as well as banks have been bearing the brunt of stolen funds. BUKOLA IDOWU looks at how the fraudsters operate and how … Read more via Leadership...
  20. Nigeria Business News

    Business LPG: Gas Association Commends FG On VAT Removal – Leadership Newspaper

    The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), yesterday eulogised the Federal Government for the removal of Value Added Tax (VAT) on Liquified Petroleum Gas (LPG). NALPGAM President, Mr Nosa Ogieva-Okunbor in a statement said that the Federal Government had signed...