nairametrics news

  1. Nigeria Business News

    Business Mavin Records expands, opens new offices – Nairametrics

    In a bid to expand its operations, Mavin Records, Africa’s leading record label, has commissioned its new creative and corporate office spaces in Lagos. In a statement signed by the Chief Executive Officer of the record label, Michael Collins Ajereh a.k.a Don Jazzy, the brand stated that it...
  2. Nigeria Business News

    Business Prices of tomatoes, frozen foods, onions, others jump, as low demand hits imported rice – Nairametrics

    As the Christmas festive season approaches, Nairametrics Research Team found out that the prices of major household commodities have increased significantly in the past two weeks. Also, as a result of varieties of local rice in major markets, prices of foreign rice slightly reduced.... Read...
  3. Nigeria Business News

    Business Seyi Tinubu acquires Sim Shagaya’s advertising company, E-Motion – Nairametrics

    Seyi Tinubu has acquired advertising company, E-Motion Advertising, founded by Sim Shagaya. Tinubu, an industry player in outdoor advertising, acquired E-Motion through his company, Loatsad Promomedia Limited. The acquisition is the latest in the advertising world. Both E-Motion Advertising...
  4. Nigeria Business News

    Business Nigerian startups dominate winners’ list at the maiden Africa Netpreneur Prize Initiative – Nairametrics

    It was an interesting time, over the weekend, for the ten African startups that won a total of $1 million at the grand finale of the maiden edition of the Africa Netpreneur Prize Initiative (ANPI). The event took place in Accra and was attended by Jack Ma, the Chinese … Read more via...
  5. Nigeria Business News

    Business Multiple taxes scare investors, stifle economic growth, ALTON warns – Nairametrics

    The Association of Licensed Telecoms Companies of Nigeria (ALTON) has called on the Federal Government to address the issue of multiple taxes which it described as irrelevant, as it stifles economic growth. Chairman, ALTON, Gbenga Adebayo, in an interview, said the development had been a...
  6. Nigeria Business News

    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
  7. Nigeria Business News

    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
  8. Nigeria Business News

    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...
  9. Nigeria Business News

    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
  10. Nigeria Business News

    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...
  11. Nigeria Business News

    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
  12. Nigeria Business News

    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...
  13. Nigeria Business News

    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...
  14. Nigeria Business News

    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...
  15. Nigeria Business News

    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...
  16. Nigeria Business News

    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
  17. Nigeria Metro News

    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
  18. Nigeria Business News

    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...
  19. Nigeria Business News

    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...
  20. Nigeria Business News

    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
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