Naija News

‘Ease of Doing Business’: ACCI seeks attitudinal change by regulators

The Abuja Chamber of Commerce and Industry (ACCI) has called for urgent attitudinal change within the country’s regulatory bodies to enhance Ease of Doing Business (EoDB) framework. Prince Adetokunbo Kayode, ACCI President, made the call on Tuesday in Abuja at the Ease of Doing Business conference organised by Delegation of German Industry and Commerce in […]

Naija News

FRSC to begin vision test for drivers

The Federal Road Safety Corps (FRSC) says it will begin the conduct of compulsory eye test for drivers to ascertain quality of vision to reduce Road Traffic Crashes (RTC) in 2020. The FRSC Corps Marshal, Dr Boboye Oyeyemi, said this at the corps operators’ meeting with Zonal Commanding officers (ZCO) on Tuesday in Abuja. Oyeyemi […]

Naija News

Plateau Attacks: Detain community leaders, Ardos – Gov. Lalong tells CP

Incensed by the murder of villagers and destruction of properties in Kwatas Village of Bokkos Local Government Council, Governor Simon Bako Lalong has directed the Commissioner of Police in the State, Isaac Akinmoyede to detain community leaders and the Ardos (Fulani leaders) from the affected community. The Governor also said when they are arrested, they […]

Naija News

INEC rejects Akwa-Ibom rerun election results

The Independent National Electoral Commission (INEC) has rejected results of Saturday’s rerun election in Essien Udim Local Government Area (LGA) of Akwa-Ibom, where its officials were abducted and forced to compromise the processes. The commission disclosed this in a statement issued by Mr Festus Okoye, INEC National Commissioner and Chairman, Information and Voter Education Committee […]

Naija News

Rivers: Why Nigeria can’t afford to become one-party state – Wike

Governor Nyesom Wike of Rivers State, on Tuesday, said no circumstance should make Nigeria drift towards a one-party state. Wike explained that all political parties needed to exist for Nigerians to explore all alternatives. Speaking when he hosted the new leadership of KAGOTE, an elite socio-cultural organization for the Ogoni Ethnic Nationality at the Government […]

NAIJA BIZ

Noble Igwe tweets about how government policies forced him out of business

Popular Nigerian entrepreneur and owner of 360 Group, Noble Igwe, has lamented over how unfavourable government policies forced him to shut down his delivery startup after two years of frustrating trials. In a series of hot-worded tweets, the businessman accused the government of pretending to support small businesses but then killing them off before they can grow. This is […]

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Disruptive Opportunities: Can developing AI and robotics stabilise the Naira?

The massive global investments that are fueling rapidly developing technologies like Artificial Intelligence (AI) and robotics present huge opportunities for Nigeria to pull our currency out from the deep water. Currently, big tech players like the United Kingdom (UK) are outsourcing AI, robotics, and other related jobs to China, where the labour is much cheaper. One AI and robotics […]

NAIJA BIZ

VAT: Implementation won’t affect Nigerians’ purchasing power- Senate

The Nigerian Senate has guaranteed Nigerians that the implementation of the 7.5% increase in Value Added Tax (VAT) would not affect their purchasing power. Ahmad Lawan, President of the Nigerian Senate, disclosed this yesterday while speaking on the measures being taken by the Federal Government to reduce the pressure of recent government policies on the purchasing power of […]

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Femi Otedola gives situation report on Dangote Refinery and the other projects

Femi Otedola just recently got back to Nigeria, after being away from the country for five months. Following his return, one of the first places he visited was Aliko Dangote’s multi-billion-dollar refinery and fertiliser projects in the Lekki Free Trade Zone. As you can expect, he shared the situation report with us.  Writing on Instagram, the billionaire revealed that construction works on Dangote Fertiliser Plant are complete and that the facility is ready for commissioning.   For the […]

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FG crafts ten-year economic plan to replace ERGP

The Federal Government (FG) has disclosed that a national development plan is in the works to replace the Economic Recovery and Growth Plan (ERGP). The disclosure was made by the Minister of State, Budget and National Planning, Prince Clem Agba during a meeting with the Japanese Ambassador Extraordinary and Plenipotentiary to Nigeria, Yutaka Kikuta, in Abuja. Agba explained that the […]

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NLNG signs 10 year sales deal with Eni

Nigeria Liquified Natural Gas Limited (NLNG) has signed a sale and purchase agreement with an Italian oil major, Eni for some of the remarketed volumes of Liquefied Natural Gas from NLNG’s Trains 1, 2 and 3. The agreement, which will reportedly be effective for 10 years, would help the company take up position among the top LNG […]

NAIJA BIZ

Nigerian Customs to go digital in 2022

The Nigerian Customs Service has announced that it would go digital once it concludes its automation system by 2022. The announcement came from the Comptroller General of the NCS, Col. Hammed Ali during the International Customs Day at the NCS headquarters, Abuja. Ali explained that President Muhammadu Buhari had earlier approved the e-Customs Project for the service. He […]

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CBN Governor, Godwin Emefiele, reacts to devaluation of naira call

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira. According to Emefiele’s recent stance, naira devaluation will not be happening anytime soon. Emefiele reportedly stated that Nigeria’s reserves level remained high and strong enough to be able to meet obligations in the economy despite the recent fluctuations in crude oil […]

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Onajide gets appointed as Brooks and Blake’s Board Chairman

Olufunmilayo Onajide has been appointed as the Chairman, Board of Directors of marketing communications firm, Brooks and Blake Nigeria Limited. The appointment, which was announced in a statement obtained by Nairametrics, is reportedly coming at a time when the company is consolidating its growth and achievements. Prior to the appointment, Onajide worked at Brooks and Blake […]