Nigeria
9,000 suffer fresh malware attacks in Nigeria
Some 9000 people have suffered fresh malware attacks in Nigeria, and according to Kaspersky Protection Technologies, the cybercriminals, which came...
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FG mulls 125% import tariff on ‘Tokunbo’ vehicles
The Director of Policy and Planning at the National Automotive Design and Development Council, Engr. Farouk Umar, made this disclosure...
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H1: Guinness Nigeria Records N68bn Revenue, N1.31bn Profit
Guinness Nigeria Plc, a leading beverage and alcohol company in Nigeria has announced its unaudited results for its first half...
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NCC slams N2.9b fine on telcos over infractions
REGULATOR of the telecoms sector, the Nigerian Communications Commission (NCC), has slammed a fine of N2.9billion on all the major...
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NNPC swapped N3.04tn crude for refined products
A total of 150.4 million barrels of crude oil valued at N3.04tn was swapped for refined petroleum products by the...
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Julius Berger reports 68.87% growth in profit
Julius Berger Nigeria Plc has released its fourth quarter result for the period ended, December 31, 2019, showing 68.87% growth...
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Coronavirus: Fear Grips Airport Workers
Airport workers at the Murtala Muhammed International Airport (MMIA), Lagos are panicking over the devastating effect of Coronavirus, which has...
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Consumers to pay 7.5% VAT on meters
Eko Electricity Distribution Company (EKEDC) has said from February 1, the prices of meters under the Meter Asset Provider (MAP)...
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FG approves N33,000 allowance for corps members
The Director-General of the National Youth Service Corps, Brigadier-General Shuaibu Ibrahim, has announced N33,000 as monthly allowance for corps members....
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‘N2tn pension fund for infrastructure’ll come via bonds’
The N2tn proposed to be raised from the Contributory Pensions Fund for investment in infrastructure development will be through bonds,...
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ABCON faults calls for Naira devaluation
The Association of Bureau De Change of Nigeria (ABCON) has described the much talked about need for devaluation of the...
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Total Nigeria’s Profit Falls 70% on High Financing Costs
The reliance on bank borrowings to finance its operations continued to have a negative impact on the fortunes of Total...
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Stock Exchange opens new window for SMEs January 30, 2020 in Equities
The Nigerian Stock Exchange (NSE) on Wednesday launched a new platform for the listing of small and medium enterprises (SMEs)....
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TAJBank opens National Assembly branch
TAJBANK, Nigeria’s second non-interest financial institution has opened its third office in less than two months of operations at the...
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MTN to invest fresh $1.6bn in Nigeria
The MTN Group will invest fresh $1.6billion from its operations to strengthen its network and systems across Nigeria. The Chairman,...
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Concerns of Cybercrime, Natural Disaster Worry Insurers
Risks associated with cybercrimes topped the list of peril incidences that may likely hit the corporate world in 2020 and...
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FG recorded N4.62tn fiscal deficit in 2019 — CBN
The Federal Government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal period, figures obtained from...
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NSE Launches New Board for High-Growth Companies
The Nigerian Stock Exchange (NSE) will today launch its Growth Board(GB) to provide issuers with the opportunity to list, raise...
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FG records N1.14tr deficit in three months
The fiscal operations of the Federal Government in the fourth quarter of 2019, showed an estimated deficit of N1.14 trillion,...
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Unilever Nigeria appoints new MD
HE Board of Unilever Nigeria Plc has appointed Mr. Carl Cruz as its new managing Director. The appointment becomes effective...
Read moreDiscos to reflect 7.5% VAT on transactions Feb 1
There are indications that power distribution firms across the country plan to reflect the new Value Added Tax of 7.5...
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Nigerian Stock Exchange Employees Supports WARIF Foundation
The employees of the Nigerian Stock Exchange (NSE) have donated funds to support the initiatives of the Women at Risk...
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Nigeria Shifts Focus to Tunisia for Tokyo 2020 Qualification
When its maiden attempt at qualifying for table tennis team event of the Olympic Games failed to materialise in Portugal,...
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Unilever Nigeria records N8.3 billion loss
UNILEVER Nigeria Plc suffered a major contraction in the immediate past business year as a steep decline in sales left...
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Despite poor services, telcos earn N2.78tr from airtime sales, others
In spite of the drop in quality of telephony services in 2019, telecommunication operators, especially Mobile Network Operators (MNOs) earned...
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