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nigeria business news

  1. Nigeria Business News

    Business Kidnapping, piracy threaten operations at Calabar, Warri, PH, Onitsha ports –FG – Newtelegraph

    The Federal Government has identified criminal activities including kidnapping, sea piracy, and armed robbery as some of the factors militating against the smooth and optimal operations of eastern ports in the country. Permanent Secretary, Federal Ministry of Transportation, Alhaji Sabiu...
  2. Nigeria Business News

    Business China’s oil investment in Nigeria hits $16bn mark – Newtelegraph

    The investments are majorly made through China National Offshore Oil Corporation (CNOOC), which began its operations in the country in 2005. Vice President, CNOOC, Mr. Lu Yan Ji, … Read more via Newtelegraph – https://ift.tt/2Ml4Rwd Get more: Nigeria Business News
  3. Nigeria Business News

    Business Why Gokada should be worried about shutdown – Nairametrics

    Gokada’s temporary closure has raised concerns among Nigerians and stakeholders alike. Many of those who lamented the closure said the timing was wrong. Nairametrics had earlier reported the announcement of the closure made by the Chief Executive Officer of Gokada, Fahim Saleh. Saleh said he...
  4. Nigeria Business News

    Business Is ORide behind Gokada’s shutdown of operations? – Nairametrics

    Barely a day after Gokada suspended its operations in Nigeria, research carried out by Nairametrics has revealed that the company’s temporary shutdown could be as a result of the targeted poaching of some of its riders and senior executives by the newcomer, ORide. It was discovered that …...
  5. Nigeria Business News

    Business Okowa Calls for Speedy Resuscitation of Warri Port – Thisdaylive

    Delta State Governor, Senator Ifeanyi Okowa, has called for the quick resuscitation of Warri Port, saying it is a key factor to the economic development of the state and the nation. Speaking when the Olu of Warri, Ogiame Ikenwoli I, visited him in Asaba yesterday, … Read more via...
  6. Nigeria Business News

    Business Okomu Oil to Boost Performance with 5,000 Hectares of Oil Palms Plantation – Thisdaylive

    Okomu Oil Palm Plc wednesday said it was making efforts towards the cultivation of 5,000 hectares of oil palms in Edo State, a move market operators said would boost its turnover and generally enhance its performance going forward. In a notification to the Nigerian Stock Exchange (NSE) …...
  7. Nigeria Business News

    Business NITDA insists internet regulation is in public interest – The Guardian Nigeria News

    The National Information Technology Development Agency (NITDA), has warned interest groups in the information and communications technology (ICT) sector not to set government agencies regulating them on a collision course. The post NITDA insists internet regulation is in public interest...
  8. Nigeria Business News

    Business Minimum Wage Talks: Labour Seeks Buhari’s Intervention to End Deadlock – Thisdaylive

    The federal government’s committee on the negotiating of consequential adjustments for the new minimum wage and the Joint National Public Sector Services Negotiating Council (JNPSNC), have agreed to approach President Muhammadu Buhari to help broker a deal on the issues … Read more via...
  9. Nigeria Business News

    Business NNPC: Nigeria will Stick to OPEC’s Oil Output Quota – Thisdaylive

    Nigeria will not break its commitment to the oil production adjustments agreed upon under the Declaration of Cooperation (DoC) between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC countries at their last ministerial meeting on July 2, 2019, the...
  10. Nigeria Business News

    Business Nigeria Will Comply With OPEC, Non-OPEC Output Cut Deal, Says NNPC Boss – Channels Television

    The Nigerian government says it is committed to the production adjustments agreed on under the Declaration of Cooperation (DoC) between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and Non-OPEC Countries. Read more via Channels Television –...
  11. 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...
  12. Nigeria Business News

    Business How Helium Health is innovating healthcare in Nigeria and West Africa – Techpoint.Africa

    Health providers are often overwhelmed with manual handling of paperwork and administrative duties that they give less attention to their primary responsibility of improving the quality of public health. Although these responsibilities are mutually inclusive, patients still deserve the best...
  13. Nigeria Business News

    Business Crazy billing: 8 banks vie for N17.5bn meter loan deals – Newtelegraph

    Eight commercial banks in Nigeria have put their hats in the ring for N17.5 billion pre-paid meter supply loan deals. The loans, investigation by New Telegraph last weekend showed, cover meter supply for just one business unit in one of the 11 distribution companies in the country, Ikeja...
  14. Nigeria Business News

    Business Kwese TV finally shuts down – Nairametrics

    Kwese TV has finally shut down operations putting an end to a Pay-TV dream that promised world-class content for the African Continent. The Parent Company, Econent Media had announced last December of its decision to shut down operations of the company. According to reports, the shortage of …...
  15. Nigeria Business News

    Business Many DisCos not performing, investing in new capacities, says TCN – The Guardian Nigeria News

    The Transmission Company of Nigeria (TCN) has justified the suspension of some Distribution Companies (DisCos) from the Electricity Market, stating that there was need to enforce rules and ensure efficiency among operators. … Read more via The Guardian Nigeria News – Nigeria and World News –...
  16. Nigeria Business News

    Business Indian Owned Company Plans 5, 000 Jobs In Agriculture In Osun State – P.M.EXPRESS

    Effort of Governor Oyetola Gboyega of Osun State to use agriculture to create jobs and wealth for the youth in the state has started to yield positive results as an Indian company, Whitfield Venture Limited has decided to establish in the state. P.M. … Read more via P.M.EXPRESS –...
  17. Nigeria Business News

    Business OPay continues to expand as ‘OTrike’ launches in Aba – Techpoint.Africa

    Opera-founded startup, Opay, has just introduced OTrike, a tricycle hailing service, in the commercial city of Aba, southeast of Nigeria..... Read more via Techpoint.Africa – https://ift.tt/2KEoBb3 Get more: Nigeria Business News
  18. Nigeria Business News

    Business MTN Earnings Gain as Nigeria Leads Mobile Growth Across Africa – Bloomberg

    MTN Group Ltd. first-half earnings rose as Africa’s largest wireless carrier pushed ahead with an asset disposal plan and saw strong profit growth in its biggest … Read more via “nigeria” – Google News – https://ift.tt/2ySgr9D Get more: Nigeria Business News
  19. Nigeria Business News

    Business Africa’s Most Influential: Barrister Ismaeel Ahmed Makes List Of Top 10 – Leadership Newspaper

    Immediate past Senior Special Assistant on National Social Investment Program, Barrister Ismaeel Ahmed, has been named as one of the Most Influential People of African Descent, Global 100 Under.... Read more via Leadership Newspaper – https://ift.tt/2yQjSh1 Get more: Nigeria Business News
  20. Nigeria Business News

    Business CBN warns banks against enforcing insurance cover on borrowers – Nairametrics

    In a bid to ensure that financial institutions comply with its specific requirements for loan disbursement, the Central Bank of Nigeria (CBN) has warned banks not to enforce insurance on borrowers.... Read more via Nairametrics – https://ift.tt/2ySYs2H Get more: Nigeria Business News