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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As the “Buy Made-in-Nigeria products” campaign is gradually gathering momentum due to the support of the Federal Government, some engineers and technicians are getting closer to manufacturing made-in-Nigeria transformers.
This, the Nigerian government believes, will solve the electricity...
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Despite the rising debt profile especially from China, the International Monetary Fund (IMF) has predicted better times for Nigeria, stressing that financial conditions in Nigeria favoured more foreign investments.
This was disclosed by Evan Papageorgiou, Deputy Division Chief, Monetary and...
60 employees engaged with Industrial and General Insurance (IGI) Plc have allegedly lost their jobs due to prolonged liquidity issues encountered by the company.
Nairametrics gathered that sack letters were distributed to the affected workers through WhatsApp. ..
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President Muhammadu Buhari has been urged to include the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the Minister of Finance, Zainab Ahmed as well as some other ministers in the Economic Advisory Council (EAC).
This was said by the Managing Director/Chief Executive Officer...
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The Association of Bureaux De Change Operators (ABCON) has warned the Federal Government against the proposed increment in Value Added Tax (VAT).
While condemning the Federal Government’s move to expand the VAT net and increase it, the Bureaux De Change operators unanimously said it was a...
The Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the country was $2.6 billion and not $26 billion as quoted in some quarters.....
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Giving an explanation on how the proposed Value Added Tax (VAT) will be shared, Minister of Works and Housing, Babatunde Fashola, noted that the bulk of the money would be enjoyed by the States and....
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On Friday, October 11th, 2019, Nairametrics had an interesting tweet chat with Feyi Faweyinmi, a UK-based accountant and finance professional whose experiences cut across banking, insurance, and asset management.....
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The Presidency intends to upgrade some of the aircraft in the Presidential Air Fleet (PAF) next year with a proposed sum of N1.492 billion. This information was contained in the....
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Barr. Adeleke Adewolu has had his nomination as an Executive Commissioner of the Nigerian Communications Commission (NCC) confirmed by the Senate yesterday.
This occurred after the consideration and adoption of the report of the Senate Committee on Communications led by Senator Oluremi Tinubu...
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