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The House of Representatives has called upon the National Universities Commission (NUC) to suspend the implementation of the tuition fee increase in universities. This request was made during a motion put forward by Aliyu Sani Madaki. Madaki highlighted that several universities, including Bayero University, Kano; the University of Nigeria, Nsukka; the University of Uyo; University […]
Ecobank Nigeria Limited has urged First Bank Nigeria (FBN) Holdings to reject the acquisition of shares by Oba Otudeko, the former chairman of Ecobank, due to an alleged debt of N13.5 billion. This development arises just a few days after Otudeko’s affiliated company, Barbican Capital Limited, acquired a 13 percent stake in FBN Holdings, consequently […]
Nigeria, a country with a vibrant entrepreneurial spirit and vast economic potential, has seen both successful and unsuccessful business ventures. However, the challenges faced by businesses in Nigeria are multifaceted and require a comprehensive understanding to foster a more conducive environment for sustainable business growth. In this article, we will delve into some of the […]
The Nigerian Exchange Limited (NGX) has officially announced the suspension of trading in the shares of seven companies. This notification was made through a press release provided to Nairametrics. According to the NGX, effective from today, Friday, July 11, 2023, the seven companies have been suspended from trading on the facilities of the Nigerian Exchange […]
Selecting the right business name is a crucial step in establishing your brand identity and setting the foundation for success. A well-chosen business name not only captures the essence of your company but also resonates with your target audience. In post, we will guide you through the process of choosing a good business name that […]
The House of Representatives has made a request to the Central Bank of Nigeria (CBN) to temporarily suspend the implementation of the directive instructing banks to collect and verify customers’ social media handles. This decision was reached during the plenary session on Tuesday following the approval of a motion sponsored by nine lawmakers. The motion […]
The Federal Competition and Consumer Protection Commission (FCCPC) is taking strong measures to safeguard consumers against the unethical practices of specific loan apps. During an interview on the AriseTv morning show, Mr. Babatunde Irukera, the CEO of FCCPC, announced that the commission intends to request Google to permanently remove loan apps from its play store […]
Investing in Nigeria offers exciting opportunities due to its vast resources, growing consumer market, and economic potential. However, like any investment, it requires careful consideration and evaluation to mitigate risks and maximize returns. In this post, we will explore essential tips to consider before investing in Nigeria. These tips will help you make informed decisions […]
The Minister of Works and Housing, Babatunde Fashola, told a media briefing after the council meeting on Wednesday that five road projects totaling 274.9 kilometers of federal road under the Federal Government Road Infrastructure Tax Credit Policy will be advanced by the Dangote industries as a tax credit. He explained that the move is also […]
The board and management of BOC Gases Nigeria Plc, have notified the Nigerian Exchange Group Limited (NGX) of the appointment of Mrs. Aderonke Omowunmi Segun-Alabi as the new company secretary. This is contained in a notice dated 8th July 2021 and signed by the Finance Director, Adeshinai Alayaki. The company announced that the appointment of […]
