Planned Sale Of Polaris Bank Speculative – Management
The management of Polaris Bank has described reports that the financial institution is set to be sold to a commercial farmer and the Sarkin Sudan of…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
More Troubles For Flutterwave As Ghanaian, Kenyan Government Probes Operations
Nigerian payment company, Flutterwave, is being probed by Ghanaian government, days after Kenyan authority filed a lawsuit against the tech unicorn over card fraud and other…
Niger Republic Honours 2 Northern Governors, Dangote, Others
To mark its Independence Day commemorated on August 3, the Republic of Niger Wednesday honoured two Presidential aides, two businessmen and two state governors with their…
Crude Oil Rises Above $110 Per Barrel
The price of crude oil skyrocketed at the weekend as the market generally ignored the crude oil demand implications from worries about the technical recession. WTI…
Telecommunications Subscribers To Pay 5% Tax On All Services
President Muhammadu Buhari regime has finalized plans to levy a 5% percent Excise Duty on all telecommunications services, including calls, SMS, and data services, a move…
African Development Bank Calls Nigeria ‘Most Difficult Client’
The African Development Bank (AFDB) has declared that the Federal Government of Nigeria is the bank’s most difficult client. This statement was made by the Senior…
Oil Rich, Electricity Poor. What will it Take To Solve Nigeria’s Energy Crisis?
Nigeria is Africa’s biggest oil producer but the west African nation struggles to meet its energy needs, a struggle that has persisted for many decades. On…
Naira In Free Fall Against The Dollar
The devaluation of the naira has continued this week after the Central Bank Governor, Godwin Emefiele issued a statement saying that people who buy dollars from…
Mr. President Nice Job On NNPC Limited Now NNPC PLC
By Ndubuisi Ekekwe, PhD, Chairman of FASMICRO Group, is the Lead Faculty in Tekedia Mini-MBA. He writes regularly in the Harvard Business Review. Email: tekedia@fasmicro.com. Let…
NNPC Increase Fuel Price Between 179 and 190 Naira per Litre
Hours after the unveiling of NNPC Limited, the Nigerian National Petroleum Corporation (NNPC) Limited has approved an increase in the pump price of Premium Motor Spirit…