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Electric Buses: Funsho Doherty raises concern over LASG's collaboration with Oando
Business

Electric Buses: Ex-gov candidate knocks Lagos, Oando partnership

The ADC’s candidate for governor of Lagos State in the March 18 election, Funsho Doherty, has voiced opposition to the recently announced cooperation between the Lagos State Government and Oando to provide electronic vehicles for the state. According to Nairametrics, Doherty claimed that the contract lacked openness since details about the partnership’s specifics were withheld from the public in an […]

Why Nigeria needs 33,000MW for stable power supply – DisCos
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Why Nigeria needs 33,000MW for stable power supply – DisCos

The Association of Nigerian Electricity Distributors, has explained why the country needs to generate about 33,000 Megawatts to have stable electricity. According to The PUNCH, the Executive Director, Research and Advocacy, Mr Sunday Oduntan, during a stakeholders meeting in Yola, stated that the nation needs about 33,000 Megawatts to cover its ever increasing population. Oduntan […]

Gombe State Geographic Information Systems
Business

Gombe agency hits N1.8bn revenue in two years

The Director-General of Gombe State Geographic Information Systems, Dr Kabiru Hassan, has announced that the GOGIS service centre has generated more than N1.8 billion in revenue over the last two years. The News Agency of Nigeria reported that the Director General made this statement during the inauguration of the GOGIS service centre on Saturday in […]

Cornerstone Insurance appoints Christabel Onyejekwe Non-Executive Director
Appointments

Cornerstone Insurance appoints Christabel Onyejekwe Non-Executive Director

Cornerstone Insurance Plc’s Board of Directors has announced the appointment of Mrs. Christabel Onyejekwe as a Non-Executive Director of the company. According to Nairametrics, this information was found in the company’s announcement to the Nigerian Exchange Limited. The appointment was subject to confirmation by the National Insurance Commission and ratification by members at a general […]

NIHOTOUR, Atelier Concierge sign MoU to promote Nigerian dishes
Foods

NIHOTOUR, Atelier Concierge sign MoU to promote Nigerian dishes

The National Institute for Hospitality and Tourism and Atelier Concierge Services Ltd. have signed a Memorandum of Understanding in order to promote Nigerian native foods and organize the 2023 edition of the institute’s Gastronomy Festival. The News Agency of Nigeria reported that this was revealed in a statement released on Friday in Lagos by the […]

Experts warn FG against further violation of debt limit
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Experts warn FG against further violation of debt limit

The Nigerian government has been cautioned by a professor of capital markets, Uche Uwaleke, against continuing to exceed the permissible cap on how much money it can borrow from the Central Bank of Nigeria, as specified in the CBN Act. According to The Whistler, Nigeria’s overall debt has increased by 32.5%, from N46.25 trillion ($103.1 billion) to N68.9 […]

FG to create 5million jobs in four years
Business

FG to create 5million jobs in four years

The Federal Government has promised to create at least 5 million jobs through outsourcing between now and the year 2027. Nairametrics reported that this target is contained in the National Outsourcing Strategy (NOS 2023-2027) released by the National Information Technology Development Agency. It noted that through diversification, NOS plans to make outsourcing a major contributor […]

Director-General of the World Trade Organization, Ngozi Okonjo-Iweala
Business

Intra-African trade tariff too high at 435% – Ngozi Okonjo-Iweala

The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has expressed concern over the high tariffs on intra-African trade, which she says currently stands at 435 per cent. Okonjo-Iweala made these comments during the “Trade Integration in Africa” event held in Nairobi. She noted that this is hindering the implementation of the African Continental Free […]

Business

How to buy shares in Nigeria 

What is a share?  A share is used to describe a part ownership of a company. This means you become a shareholder or a part owner of that company – you are buying a portion of the company’s assets and profits. The value of your shares can either go up or down as it is […]

Easy guide for BVN registration
Banking

Easy guide for BVN registration

If you’re looking to open a bank account in Nigeria, or you already have one, chances are that you have heard about BVN registration. BVN stands for Bank Verification Number, and it’s a unique identifier that is assigned to every customer in the Nigerian banking system. The Central Bank of Nigeria implemented BVN registration in […]

Ports and Airports

Ondo $1bn seaport set to get approval – NPA

The Nigerian Ports Authority has disclosed that the development of a $1 billion Multipurpose Deep Seaport in Ondo state has received approval from the Nigerian government. According to Nairametrics, in order to present the Full Business Case for the port, The Ondo State Coordinator for Special Projects, Mr. Boye Oyewumi, and Managing Director of the Nigerian Ports Authority, […]

Air France-KLM
Business featured

Air France-KLM revenue bounces back, pays debt

Air France-KLM announced on Friday that its revenue for the first quarter of 2023 had increased, bouncing back and regaining balance since the Covid-19 pandemic. AFP reported that the company has also repaid all state aid that it received during the Covid-19 crisis, and as a result, it claimed to be “standing on its own […]

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