nigeria business news
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Business Rush for pants, bra, others driving used clothes business – Dealers – Newtelegraph
Dealers and buyers of used clothes, popularly known as “Okirika” on Tuesday attributed durability of the clothes, especially ladies’ underwear, for the increasing boom in the business..... Read more via Newtelegraph – https://ift.tt/2VkR9NV Get more: Nigeria Business News- Nigeria Business News
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Business Nigeria’s Oil Reserves Will Run Dry In 49 Years – Nairaland
The nation’s crude oil reserves of 37 billion barrels, two per cent of which is being produced annually, will be depleted in 49 years, according to the Department of Petroleum Resources..... Read more via Nairaland – https://ift.tt/39QfoaA Get more: Nigeria Business News- Nigeria Business News
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Business FG yet to explore full potentials of gas – NSE chairman – Vanguard News
Worried over the huge cost of power generation incurred by the manufacturing industry, the Nigerian Society of Engineers, Apapa branch hosted a public lecture tagged,” High cost of energy in industrial sector- exploring the gas solution,” to seek ways to diversify the..... Read more via...- Nigeria Business News
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Business Factors Beyond Our Control Responsible For Flight Delays, Diversions –British Airways – Sahara Reporters
British Airways has apologised to its Nigerian passengers abandoned in Accra, Ghana, following last week’s flight diversion and delays that characterised the country’s airspace. The airline stated that the inclement weather condition and “a number of factors outside of our..... Read more via...- Nigeria Business News
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Business Nigerian will not devalue its local currency, Naira, in 2020 – Report – Pulse Nigeria News
The Nigerian government would not devalue its naira this year as being speculated, analysts at Coronation Merchant Bank said in a new report. According to the report, titled; “Year Ahead 2020... Read more via Pulse Nigeria News – https://ift.tt/2V88OrH Get more: Nigeria Business News- Nigeria Business News
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Business We recovered, returned over N60bn excess bank charges to customers – CBN – Newtelegraph
The Central Bank of Nigeria (CBN) Thursday said it has recovered and returned to customers illegal bank charges in excess of N60 billion imposed on customers by some commercial banks.... Read more via Newtelegraph – https://ift.tt/2SHJsPY Get more: Nigeria Business News- Nigeria Business News
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Business NCC approves 1,492 phone brands and models for use in Nigeria, users advised to confirm before any purchase – Techpoint.Africa
The Nigerian mobile phone market has been thriving in recent years, buoyed by the competition between mobile phone brands offering decent and affordable mobile phones for users in the country..... Read more via Techpoint.Africa – https://ift.tt/2V6pAYf Get more: Nigeria Business News- Nigeria Business News
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Business How Folorunsho Alakija Became The Richest Nigerian Female On Forbes List For The 7th Time – Nigerian Entertainment Today
Coming in at number 20 on the newly released Forbes 2020 African Billionaires list, Folorunsho Alakija is the only other woman on the list after Angola’s Isabel Do Santos who claimed the thirteenth spot..... Read more via Nigerian Entertainment Today – https://ift.tt/2SFtOo9 Get more...- Nigeria Business News
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Business Abdulsamad Rabiu: How Dangote’s Competitor Became One Of The Richest Africans for the Fifth Time – Nigerian Entertainment Today
According to the Forbes list, Abdulsamad Rabiu is the eighth richest person in Africa and the 3rd richest person in Nigeria. He is one of four Nigerians who made it to the highly coveted list this year. He is the founder and CEO of BUA Group... Read more via Nigerian Entertainment Today –...- Nigeria Business News
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Business NCC, NIPOST to sign MoU on e-services – Vanguard News
The Nigerian Communications Commission (NCC) and the Nigerian Postal Service (NIPOST) have agreed to sign a Memorandum of Understanding (MoU) on an e-fulfilment centre for e-services, e-commerce, e-governance and e-agriculture. The two organisations agreed on this during a courtesy visit by the...- Nigeria Business News
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Business DISCOs have failed in electricity supply ― FG – Vanguard News
THE Federal Government yesterday said that Distribution Companies, DISCOs have failed in supplying adequate electricity to Nigerian consumers. The government said it will no longer provide intervention funds as a subsidy to the DISCOs and may take drastic actions against … Read more via...- Nigeria Business News
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Business $500m bribe: Nigerian oil mogul Aliyu Abubakar faces trial in Italy – P.M. News
An Italian judge has ordered a Nigerian businessman, Alhaji Aliyu Abubakar to stand trial for alleged international corruption relating to a Nigeria oil graft case involving Eni and Shell, a judicial source and his lawyer said on Wednesday.... Read more via P.M. News – https://ift.tt/2ui9b8i...- Nigeria Business News
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Business Senate probes GSM operators over drop calls – Vanguard News
THE Senate has begun investigation into networks provided by the Global Systems for Mobile Communications, GSM operators in the Country over increasing rate of drop calls.... Read more via Vanguard News – https://ift.tt/2ue8FIr Get more: Nigeria Business News- Nigeria Business News
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Business “PAY YOUR TAX!” WHY? –– WhyteworldNG
“Pay your tax!” “Pay your tax!!” This is a usual mantra from government officials. This is good but there is a “but”. Just yesterday, the FIRS Chair visited the Lagos state Governor and among the other things that filtered out to … Read more via WhyteworldNG – https://ift.tt/2wwSyGD Get...- Nigeria Business News
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Business Congestion heightens in Lagos Ports as vessel waiting time hits 25 days – Businessday NG
Shipping liners calling Nigerian ports in Lagos are presently experiencing operational delays due to the lingering congestion within the port terminals resulting in long waiting time of vessels before accessing the port to discharge laden containers. Currently, shipping liners are spending...- Nigeria Business News
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Business FG threatens to dump DISCOs over inefficiency – Businessday NG
Federal government on Wednesday threatened to dump the power distribution companies over epileptic power supply, blaming current epileptic power supply on the inability of distribution companies DISCOs to distribute stranded power The Minister, while lamenting that federal government has...- Nigeria Business News
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Business The future of Nigeria’s finance is edging towards decentralisation – Techpoint.Africa
Many of this generation were born at a time when banking meant waking up early enough to walk into a bank branch to access finance-related services. Those were the analogue days when one needed to be a salary earner in order to have access to.... Read more via Techpoint.Africa –...- Nigeria Business News
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Business Customs to shut down supermarkets found selling foreign rice, other prohibited goods – Premium Times Nigeria
The Nigeria Customs Service, in Kano and Jigawa states, is set to shutdown supermarkets and shops found patronising foreign rice and other prohibited items. The agency, in a letter with reference number NCS/KAN/053/S.28 dated 17th February 2020 wrote to all supermarkets and shops in Kano and...- Nigeria Business News
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Business The world’s wealthiest 22 men have more money than all the women in Africa – New report – Pulse Nigeria
The world’s wealthiest 22 men have more money than all the women in Africa, according to Oxfam. Across the world, the U.K based group says men own 50% more wealth than women. In it's new report, the group blames this worldwide economic inequality on a... Read more via Pulse Nigeria – Nigeria...- Nigeria Business News
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Business SchoolGate is providing affordable online Education in Nigeria – Techpoint.Africa
SchoolGate is an EdTech startup providing affordable audio-visual learning contents from the Primary to the Tertiary level. Schoolgate also provides contents on Basic Programming and STEM (Science Technology Engineering and Mathematics).... Read more via Techpoint.Africa –...- Nigeria Business News
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