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    Businessday NG

  • As in NPA, ministerial power-play holds up new board for TCN
    Nigeria’s electricity grid is collapsing with the result that the people are thrown into darkness more frequently today, but the minister of power is refusing to use the help that is available to steady the Transmission Company of Nigerian (TCN), the grid operator. TCN’s grid failures and the resultant national... Read more »
  • High production cost dampens Unilever PAT in 2021 first quarter
    Despite an increase in revenue, Unilever Nigeria, one of the players in fast moving consumer goods space and a subsidiary of Unilever Overseas Holding B.V, posted a significant loss in the first quarter of 2021, the company’s profit between January and March fell by 144 percent, moving from 1.1 billion... Read more »
  • No room for margin of error (2)
    Separately, the alarm raised by the newly appointed Dr. Orji Ogbonnaya, Executive-Secretary of Nigeria Extractive Industries Transparency Initiative [NEITI] has gone viral: Front page headline: “Sunday Independent” newspaper April 18, 2021. “We Don’t Know Exact Quantity Of Crude Oil Nigeria Produces – NEITI Boss”. Various versions of the story ran... Read more »
  • Economic prosperity will elude Nigeria without political stability
    Recently, a smart and articulate Nigerian, Rolake Akinkugbe-Filani, chief commercial officer at Mixta Africa, was interviewed by CNN’s Zain Asher on her new One World show. The topic was the escalating insurgency in Mozambique, which has taken over 2,000 lives and displaced more than 700,000 people. In addition, the oil... Read more »
  • Agric lending at 5-year high fails to reflect in food prices
    Even as 2020 being the pandemic year saw a general slowdown in economic activity, conversely, bank lending to the agric sector in Nigeria was N3.73 trillion, increasing by over N1 trillion from N2.72 trillion in 2019. The value of credit provided to the sector was also the highest in five... Read more »
  • Bisi Sotunde receives CICMCN certification
    Bisi Sotunde, founder, Bisi Sotunde Consulting, has received the Chartered Institute of Corporate Mentoring and Coaching Nigeria (CICMCN) certification. Sotunde, who is also chief executive officer of BusyBee Group, while receiving the certification during the CICMCN induction ceremony in Lagos recently said the certification process, did not come cheap as... Read more »
  • Meet Abideen Opeyemi, entrepreneur providing cleaner energy for Nigerians
    The devastating effects of climate change have prompted the need to find innovative solutions in reducing green gas emission from the ecosystem. This has spurred a lot of conversation about the need to support a generation of global ecopreneurs who are successfully linking sustainable businesses to environmental consciousness for societal... Read more »
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    Financial Watch

  • NYSC 2021 Batch ‘A’ Stream 2 Orientation Course to Commence May 18
    NYSC 2021 Batch ‘A’ Stream 2 Orientation Course to Commence May 18: This is to inform all prospective Corps members that the Management of the National Youth Service Corps (NYSC) has announced the date for the commencement of the 2021 Batch ‘A’ Stream II Orientation Course. Management of the Scheme... Read more »
  • How much is JAMB Registration Form for 2021? – Full breakdwon here
    How much is JAMB Registration Form for 2021? – Full breakdwon here: This is one buzzing question most jambites are still asking and I decided to write this concrete guide to help all aspirants know the cost/price of the jamb registration form for the 2021 academic session. How much is... Read more »
  • How much do NSCDC Officers earn: Nigeria Civil Defence Salary Structure Scale
    How much do NSCDC Officers earn: Nigeria Civil Defence Salary Structure Scale – The Nigeria Security and Civil Defense Corps (NSCDC) is a paramilitary agency and it is empowered by lay Act No 2 of 2003 and the Act was amended on the 4ht of June, 2007 – if you want... Read more »
  • JAMB announces new date for 2021 UTME
    JAMB announces new date for 2021 UTME – The 2021 Unified Tertiary Matriculation Examination (UTME) has been moved from June 19 to July 3, Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof Is-haq Oloyede has announced. He made the announcement at an ongoing press conference on Saturday in Abuja.... Read more »
  • Requirements for Npower Batch C Physical Verification Updated
    Requirements for Npower Batch C Physical Verification Updated – Npower Batch C Physical Verification is set to commence after the Npower Registration and Test Taking has been successfully completed. Applicants are expected to visit the NASIMS official portal via http://nasims.gov.ng/ to know their screening date. The Npower Batch C Physical Verification is the process where... Read more »
  • CBN begins gradual harmonisation of exchange rates
    CBN begins gradual harmonisation of exchange rates – The Central Bank of Nigeria (CBN) yesterday began gradual harmonisation of exchange rates with the removal of N379/$1 official rate from its website. The move by the apex bank is one of the first indications of exchange rate harmonisation and tactical devaluation of... Read more »
  • Onyeagwu Acquires Extra N14.5m Zenith Bank Shares
    Onyeagwu Acquires Extra N14.5m Zenith Bank Shares – The Managing Director of Zenith Bank Plc, Mr Ebenezer Onyeagwu, has acquired additional shares of the company worth about N14.5 million. The financial institution made this disclosure in a notice filed to the Nigerian Exchange (NGX) Limited on Friday as required by the... Read more »
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    Nigeria Business News |Nigeria Financial News | Nigeria Economy News | Business News in Nigeria | Nigeria Stock Market News

  • Companies paid N392.77bn as tx in Q1 2021
    National Bureau of Statistics has said that companies operating in Nigeria and affiliates abroad paid a total tax of N392.77 billion to… The post Companies paid N392.77bn as tx in Q1 2021 appeared first on Nigeria Business News |Nigeria Financial News | Nigeria Economy News | Business News in Nigeria... Read more »
  • UK sets up African cyber desk at INTERPOL, commits £22m to fighting cyber crimes
    The United Kingdom government led by Prime Minister, Boris Johnson has opened an African cyber security desk at the International Criminal Police… The post UK sets up African cyber desk at INTERPOL, commits £22m to fighting cyber crimes appeared first on Nigeria Business News |Nigeria Financial News | Nigeria Economy... Read more »
  • Fuel shortage hits Washington, even as Colonial Pipeline recovers
    The U.S. capital was running out of gasoline on Friday even as the top U.S. fuel pipeline ramped up deliveries following a… The post Fuel shortage hits Washington, even as Colonial Pipeline recovers appeared first on Nigeria Business News |Nigeria Financial News | Nigeria Economy News | Business News in... Read more »
  • Oil prices jump but India coronavirus cases weigh
    Oil prices rose on Friday, reversing some of the previous day’s sharp losses as stock markets strengthened and the U.S. dollar slipped,… The post Oil prices jump but India coronavirus cases weigh appeared first on Nigeria Business News |Nigeria Financial News | Nigeria Economy News | Business News in Nigeria... Read more »
  • Update: Remittance inflows to Nigeria declined by 28% in 2020 – WB
    The World Bank says remittance inflows to Nigeria declined by 28 per cent in 2020 because of COVID-19 pandemic. The Bank also… The post Update: Remittance inflows to Nigeria declined by 28% in 2020 – WB appeared first on Nigeria Business News |Nigeria Financial News | Nigeria Economy News |... Read more »
  • The policy maker’s trilemma
    By Abebe Aemro Selassie and Andrew Tiffin Imagine you’re a policymaker in sub-Saharan Africa. You’ve been charged with lifting your country out… The post The policy maker’s trilemma appeared first on Nigeria Business News |Nigeria Financial News | Nigeria Economy News | Business News in Nigeria | Nigeria Stock Market... Read more »
  • National grid: TCN confirms total system collapse
    The Transmission Company of Nigeria (TCN)  said the national grid experienced a total system collapse resulting in blackout in some parts of… The post National grid: TCN confirms total system collapse appeared first on Nigeria Business News |Nigeria Financial News | Nigeria Economy News | Business News in Nigeria |... Read more »