nigeria business news
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Nigeria Aliko Dangote: Our Operations Are Clean Despite EFCC Scrutiny
Aliko Dangote, Africa’s richest man, criticized the EFCC's recent raid on his company, claiming it aimed to embarrass the Dangote Group. Despite ongoing investigations into forex allocations, Dangote maintains his company's operations are transparent and compliant with regulations, asserting it...- Nigeria News
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Nigeria PZ Cussons Faces Negative Net Asset Crisis: Board Summons Key Meeting for Solutions
PZ Cussons Nigeria Plc has announced an extraordinary general meeting scheduled for March 30th in Abuja, addressing concerns over its negative net asset position as of the end of Q2, 2023/2024. The company's unaudited financial results reveal a staggering after-tax loss of N74.14 billion...- Nigeria News
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Nigeria Femi Otedola Boosts Portfolio: Invests ₦6 Billion in Dangote Cement Shares
Billionaire tycoon Femi Otedola has acquired shares worth ₦6 billion in Dangote Cement Plc, as revealed by a reliable source. The acquisition adds to Otedola's diverse portfolio, showcasing strategic investments in key sectors. Dangote Cement, currently the largest company in Nigeria by market...- Nigeria News
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Business 9 Nigerian banks spend N23 billion on travel expenses in 2021 - Nairametrics
https://nairametrics.com/2022/06/06/9-nigerian-banks-spend-n23-billion-on-travel-expenses-in-2021/- siteadmin
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Business Shareholders express concern over TTB’s majority stake acquisition in Union Bank - Nairametrics
https://nairametrics.com/2022/06/04/shareholders-express-concern-over-ttbs-majority-stake-acquisition-in-union-bank/- siteadmin
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Metro WAEC Withholds SSCE Results Of 215,149 Candidates – The Nation News
https://punchng.com/breaking-waec-withholds-ssce-results-of-215149-candidates/- Kayode Israel
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Business Coronavirus: Nigerian Traders In China Town Lament Decline In Sales – Sahara Reporters
http://saharareporters.com/2020/02/28/coronavirus-nigerian-traders-china-town-lament-decline-sales Read more via Sahara Reporters – https://ift.tt/32M9PI5 Get more: Nigeria Business News- Nigeria Business News
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Business Coronavirus: Nigerian Stock Exchange loses N308bn – Newtelegraph
https://www.newtelegraphng.com/coronavirus-nigerian-stock-exchange-loses-n308bn/ Read more via Newtelegraph – https://ift.tt/32zd2um Get more: Nigeria Business News- Nigeria Business News
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Business Nigeria increases Sovereign Wealth Fund capital by $250m – Newtelegraph
https://www.newtelegraphng.com/nigeria-increases-sovereign-wealth-fund-capital-by-250m/ Read more via Newtelegraph – https://ift.tt/2TvVifo Get more: Nigeria Business News- Nigeria Business News
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Business What Air Peace is doing for Nigeria — Obiano – Vanguard News
https://www.vanguardngr.com/2020/02/what-air-peace-is-doing-for-nigeria-obiano/ Read more via Vanguard News – https://ift.tt/389EaRV Get more: Nigeria Business News- Nigeria Business News
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Business Ibadan electricity consumers reject tariff increase – Vanguard News
https://www.vanguardngr.com/2020/02/ibadan-electricity-consumers-reject-tariff-increase/ Read more via Vanguard News – https://ift.tt/384ht1i Get more: Nigeria Business News- Nigeria Business News
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Business Nigerian stocks down by 2.21% as fear of coronavirus in Lagos grips investors – Pulse Nigeria News
https://www.pulse.ng/bi/finance/nigerian-stocks-down-by-221-as-fear-of-coronavirus-in-lagos-grips-investors/rnp1f5z Read more via Pulse Nigeria News – https://ift.tt/2TqIg2u Get more: Nigeria Business News- Nigeria Business News
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Business Nigeria sliding into bankruptcy – PDP – Newtelegraph
The Peoples Democratic Party (PDP) said Nigeria is sliding into bankruptcy, blaming it on multiple taxation imposed on the people by the All Progressives Congress (APC)-led Federal Government. PDP National Chairman, Prince Uche Secondus, who addressed the..... Read more via Newtelegraph –...- Nigeria Business News
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Business Insecurity: Telco loses 282 base stations to bombings – Newtelegraph
One of the leading telecommunications services providers in the country, Airtel Nigeria, has recounted its losses to the insurgency in the North-East region. According to the telco, 282 of its base stations in the region have been bombed, resulting in huge revenue loss and poor quality of...- Nigeria Business News
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Business Subscribers spent N2.9trn on airtime in 2019 – Newtelegraph
Telecommunications subscribers across the four mobile networks in Nigeria spent an estimated N2.9 trillion on airtime throughout last year, New Telegraph has learnt. This amount covered what was spent on voice, text message and data services from the mobile network operators (MNOs).... Read...- Nigeria Business News
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Business Senate considers stiffer penalties as Nigeria loses N271 billion to gas flaring – The Guardian Nigeria News
The Senate is considering stiffer penalties for individuals and corporate entities engaged gas flaring in with effect from January 1, 2021.The Gas Flaring (Prohibition and Punishment) Bill, 2020, which was sponsored by Senator Albert Bassey Akpan (Akwa-Ibom North East), scaled second reading...- Nigeria Business News
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Business Everything To Know About Trading Stocks In Nigeria – Nigerian Entertainment Today
Organized financial markets have existed for over a century. To date, the market for financial instruments with varying maturities is represented by trading stocks, debt instruments, commodity contracts and currency. The process of reforming capital markets, including money markets, continues...- Nigeria Business News
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Business Border closure hits Dangote, export moved to Congo – P.M. News
Dangote Cement exports from Nigeria to neighbouring countries fell 41% in 2019 when Nigeria’s government closed the land borders. The development has made the dominant cement company in Africa move its exports to Congo Republic, producing from plants … Read more via P.M. News –...- Nigeria Business News
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Business Nigeria’s communications regulator sued over warrantless access to ‘call data’ – CPJ
Laws and Rights Awareness Initiative, a Nigerian nongovernmental organization, filed a lawsuit on February 25 against the Nigerian Communications Commission (NCC) over regulations granting warrantless access to telecom subscribers’ information, including “call data.” The suit claims that...- Nigeria Business News
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Business Nigeria’s economy can’t survive without diaspora inputs, says PwC Chief Economist – Nairametrics
Nigerians in Diaspora have been described as the chief enablers financing the Nigerian economy. The remittance inflows into the country showed that the nation depends largely on them to survive. This disclosure was made by the Leader and Chief Economist of PwC, Dr Andrew Nevin. … Read more...- Nigeria Business News
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