nairametrics news

  1. 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
  2. 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
  3. 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...
  4. 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...
  5. 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
  6. Nigeria Business News

    Business Oil exploration breakthrough in Gongola opens up new frontiers – Nairametrics

    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 … Read...
  7. Nigeria Business News

    Business Finance Minister vows to recover AMCON debt through issuance of promissory notes – Nairametrics

    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.... Read more via Nairametrics – https://ift.tt/2pRqXwr Get more: Nigeria Business News
  8. Nigeria Business News

    Business Banks refund N3.09 billion to customers over fraud, excess charges, others – Nairametrics

    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... Read more via Nairametrics – https://ift.tt/31C0T5O Get more...
  9. Nigeria Business News

    Business Innoson reacts to FG order to relocate manufacturing plant to Lagos, Kaduna in order not to lose license – Nairametrics

    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.... Read more via Nairametrics –...
  10. Nigeria World News

    World Coca-Cola hits $2.6 billion profit – Nairametrics

    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... Read more via Nairametrics – https://ift.tt/2P1TcTQ Get more World News
  11. Nigeria Business News

    Business China to pay $261.4 million for production of Made-in-Nigeria transformers – Nairametrics

    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...
  12. Nigeria Business News

    Business Nigeria will enjoy foreign investments before December, IMF predicts – Nairametrics

    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...
  13. Nigeria Business News

    Business IGI cuts 60 jobs, as MD seeks turnaround measures – Nairametrics

    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. .. Read more via Nairametrics...
  14. Nigeria Business News

    Business Buhari enjoined to appoint Emefiele, others in Economic Advisory Council – Nairametrics

    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...
  15. Nigeria Business News

    Business Bureaux De Change operators warn against proposed VAT increment – Nairametrics

    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...
  16. Nigeria Business News

    Business CBN clears air on Diaspora Remittances, official inflows $2.6bn not $26bn – Nairametrics

    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..... Read more via Nairametrics – https://ift.tt/2IO16w9 Get more: Nigeria Business News
  17. Nigeria Political News

    Politics Fashola makes case for VAT, drums support for 2020 budget – Nairametrics

    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.... Read more via Nairametrics – https://ift.tt/2orTDvQ Get More Nigeria Political News
  18. Nigeria Political News

    Politics APC is “locked inside Buhari’s intellectual prison” – Feyi Faweyinmi – Nairametrics

    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..... Read more via Nairametrics – https://ift.tt/2MyeAgE Get More Nigeria...
  19. Nigeria Political News

    Politics 2020 Budget : Presidency to upgrade presidential fleet with N1.5 billion – Nairametrics

    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.... Read more via Nairametrics – https://ift.tt/2q8bDM7 Get More Nigeria Political News
  20. Nigeria Business News

    Business Adeleke confirmed as NCC Executive Commissioner by the senate – Nairametrics

    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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