Nigeria to supply Walmart with $6 billion worth of cashew nuts
What Nigeria currently does is ship the nuts to Vietnam, who in turn roast and sell to the U.S.
FAAN explains roof leakages at Lagos international airport
“We want to state clearly that this defect did not affect operations in any way.”
Etisalat debt crisis: Banks’ shareholders ask mobile operator to clear debt
Etisalat Nigeria is enmeshed in a debt crisis to a consortium of banks.
France plans 1 billion Euros investment in Nigeria
Some potential investors are in wind and solar energy sectors.
Customs generates N239.4 billion in first quarter, 2017
Customs says the amount exceeded its target of N193.2 billion.
NNPC’s ‘bloated’ workforce major taker of $33.8 billion generated in 2016 — Report
A report says NNPC’s operational expenses between 2015 and 2016 consistently outstripped its revenues.
17 important things to know about Etisalat Nigeria debt crisis
The mobile telecom operator, Nigeria’s fourth largest, is enmeshed in a debt crisis.
Petroleum Industry Governance Bill ‘seriously flawed’, fails local communities – Group
The group criticised the separation of the original PIB into separate bills.
Only 2 NNPC subsidiaries were profitable in 2016 – Report
NNPC remitted money into the FAAC account only six times in 2015 and 2016.
INTERVIEW: NPA ‘playing politics’ with Calabar Channel project – Contractor
The company linked to a Nigerian senator, Hope Uzondinma, denies it was favoured to get the contract.
Recruitment of 7,500 tax officers: Nigerian govt. begins training of pilot set
The government says it is testing its training materials with 27 trainees.
Why we intervened in Etisalat debt crisis — CBN, NCC
The CBN was invited by the NCC to help persuade the banks to accept a negotiated settlement by establishing a debt restructuring plan.
Nigeria 19th most attractive investment destination in Africa – Report
Botswana is identified as Africa’s most attractive economy.
NNPC completes refund of N450 billion to Nigerian govt, states, LGs – Adeosun
During the FAAC meeting, a total of N462.4 billion was shared as revenue among the three tiers of government.
Nigerian govt, states, local govts share N462.4 billion in May
Oil revenue also dropped during the month.
NSE reviews indices; Fidelity, Diamond, others may join
The indices are reviewed bi-annually.
Etisalat crisis worsens Zenith Bank, GTB, others’ debt exposure – Report
A sensitivity analysis shows Zenith Bank contributed the largest to the loan.
Banks seek EFCC investigation of Etisalat Nigeria over $1.2 billion loan
“All we want is to recover the loans; we cannot write off the loans as being demanded by Etisalat,” a source said.
Pay us N720 billion subsidy claims, petrol marketers tell Nigerian govt
The marketers said the non-payment was also affecting Nigerian banks.
Internet outage looms in Nigeria as MainOne cable develops fault
The 14-day service outage Is the first of its kind in seven years since the cable system came into operation.
Etisalat Nigeria Crisis: NCC assures subscribers of network integrity; restates conditions for license
Etisalat is being taken over by a consortium of banks.