Posted in NAIJA BIZ

FG develops three retirement schemes for Civil Servants

For a smooth transition into retirement, the Federal Government has partnered with the Central Bank of Nigeria (CBN) and Bank of Industry (BoI) to develop…

Continue Reading...
Posted in NAIJA BIZ

FIRS set to sell properties of tax defaults

All is set for Federal Inland Revenue Service (FIRS) to dispose properties of 52 companies over tax defaults valued at about N3.4 billion. Though, FIRS’ Legal…

Continue Reading...
Posted in NAIJA BIZ

Court warns against conclusion of 9mobile acquisition

The Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC) and other corporate bodies involved in the sales of Etisalat (now 9mobile) have been warned against…

Continue Reading...
Posted in NAIJA BIZ

How Nigeria’s economy could be affected by global events – Analysts

A number of events that occurred on the global scene this past January, could encourage short-term stability for the Nigerian economy. This is according to…

Continue Reading...
Posted in NAIJA BIZ

Pochettino heaps praise on Hugo Lloris after match-winning display

Tottenham boss Mauricio Pochettino insists he never doubted Hugo Lloris following his spectacular performance in the 3-1 victory over Leicester. The Spurs shot-stopper saved Jamie Vardy’s…

Continue Reading...
Posted in NAIJA BIZ

Cinema takings dip by 41% in January

Cinema takings in the country may have dipped last month, as the top 20 films across the country’s cinemas for the four weeks of the…

Continue Reading...
Posted in NAIJA BIZ

NSE: Capitalisation gains N334bn in five days despite political risks

The Nigerian Stock Exchange (NSE) profited from a beehive of activities on its trading floor last week with market capitalisation appreciating by N334 billion following…

Continue Reading...
Posted in NAIJA BIZ

We’re in a race with time to unlock Africa’s full potential – Adesina

Sunhak Peace Prize Laureate, Akinwumi Adesina has pledged to do more to advance Africa’s fight against hunger, poverty and youth underemployment. The President of the…

Continue Reading...
Posted in NAIJA BIZ

AFDB says Africa’s GDP will grow in 2020

The African Development Bank Group President, Akinwumi Adesina, has said the bank expects Africa’s Gross Domestic Product (GDP) to grow by 4 per cent this…

Continue Reading...
Posted in NAIJA BIZ

NDDC begins payment of N20 million to contractors

The Niger Delta Development Commission (NDDC) Acting Executive Director, Finance and Administration (EDFA), Chris Amadi has informed contractors of prompt payment without bureaucratic blocks. Amadi…

Continue Reading...
Posted in NAIJA BIZ

Airtel, Telkom consolidate to battle Kenya’s largest telecoms company

To compete better against the dominance of telecommunications company, Safaricom, in Kenya, the local unit of Bharti Airtel Limited has entered into a consolidation agreement with Telkom…

Continue Reading...
Posted in NAIJA BIZ

How owning a TV could increase household income

Azuri Technologies in partnership with First Bank launched the sale of a solar-powered satellite television in Nigeria. Unlike regular TV sets, the TV has satellite reception embedded in it. The firm’s…

Continue Reading...
Posted in NAIJA BIZ

#Togetherforyou: Let’s Make You Smile This Valentine

Love is definitely in the air for customers of Diamond and Access bank, as the new merger has set aside delightful offers to reward its loyal customers…

Continue Reading...
Posted in NAIJA BIZ

Update on NBC’s plan for eco-friendly bottles

Due to the influence of communities within the country, the Nigerian Bottling Company (NBC) Limited has reiterated its commitment to environmental stewardship by ensuring completion of the production of…

Continue Reading...
Posted in NAIJA BIZ

Lagos clears tankers off roads as President Buhari prepares to visit

Barely twenty four hours to the planned visit of President Muhammadu Buhari to Nigeria’s commercial capital — Lagos, there has been an almost automatic and…

Continue Reading...
Posted in NAIJA BIZ

Globacom to expand 4G capacity in Nigeria

Nigeria’s second national carrier, Globacom will devote several billions into the expansion of its network in the country. Nairametrics had reported that the Mike Adenuga-led company…

Continue Reading...
Posted in NAIJA BIZ

Acting Pencom DG responds to allegations by House of Reps

The acting Director-General, National Pension Commission, Aisha Dahir-Umar has dispelled claims that the non-composition of a board for the commission was affecting the management of…

Continue Reading...
Posted in NAIJA BIZ

Konga unveils revolutionary payment option, Konga Me

Konga, Nigeria’s leading e-commerce giants, has unveiled Konga Me, a revolutionary payment option which essentially allows customers to shop desired items online @ www.konga.com and send the bill…

Continue Reading...
Posted in NAIJA BIZ

Blackstone pulls out of $5 billion pact with Dangote

Five years after pledging a $5 billion commitment with Africa’s richest man, Aliko Dangote, Investment firm Blackstone Group LP is withdrawing its pact and exiting from its…

Continue Reading...
Posted in NAIJA BIZ

FIRS set to go after millionaire tax defaulters

Federal Inland Revenue Service (FIRS) has revealed it plans to collaborate with Nigeria Police Force (NPF) and other stakeholders to ensure payment of tax by…

Continue Reading...