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....
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Online streaming service, YouTube seems to have instilled fear in content creators with its newly updated Terms of Service scheduled to take effect from.....
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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...
The automotive industry in Nigeria may be the beneficiary of a new joint development agreement between Volkswagen and German-based Siemens company....
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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.....
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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....
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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...
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 …
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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: …
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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...
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...
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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.....
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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 …
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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...
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....
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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 …
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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....
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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...
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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....
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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...
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