Nigeria’s oil production faces a new threat – Report
Article summary The blending of WTI and Brazilian grades to make a more affordable Nigerian substitute grade has been occurring for some weeks, leading to a material decline in demand…
Fuel subsidy removal will increase unofficial payments collection by ‘agberos’ in Lagos – Funso Doherty
Article summary Fuel subsidy removal has compounded the harvest of unofficial payments by road transport workers to the ‘agbero’ network in Lagos state. Lagos state also has other vulnerabilities to…
DAPPMAN advocates for alternative energy sources, seeks reduction in charges and taxes
Article summary DAPPMAN met with President Tinubu on June 7 and made some demands that could enable ease of business in Nigeria’s oil market. The association is in full support…
Airtel Nigeria hypes young dreamers with new campaign theme: “A reason to imagine”
Article summary Airtel Nigeria launches the “A Reason to Imagine” campaign, empowering young dreamers to envision a brighter future and turn their dreams into reality. The campaign aims to inspire…
Why technology is key to addressing manufacturing challenges in Nigeria – Marilyn Rapu
Article summary The Director-General of the Nigerian German Chamber of Commerce emphasizes the need for Nigerian manufacturers to embrace the latest technology to address sector challenges. The Chamber is connecting…
Lafarge Africa appoints Alade-Akinyemi as GMD/CEO as Khaled El-Dokani resigns
Article Summary The Board of Directors of Lafarge Africa Plc has notified Nigerian Exchange Limited and the investing public of the changes to the Management of the Company. The resignation…
Market dips slightly as Union Bank leads decliners on NGX
Article Summary Key Market Indices closed slightly negative as NGX experiences marginal loss. The All-Share Index (ASI) traded 0.02% lower to close at 56,024.52 points as market capitalization lost N8…
GSK shareholders approve N657.73 million dividend
Article Summary GlaxoSmithKline Consumer Nigeria Plc shareholders N657.73 million as dividends at the rate of 55 kobos per share. In July 2022, GSK Global concluded its demerger of the consumer…
Where to invest your money in Nigeria today despite high inflation
Article Summary Amid Nigeria’s high inflation rate which rose to 22.22% in April 2023, Nairametrics presents some investments you may consider. The investment options to consider in this article fall…
86 million Nigerians lack access to electricity – Report
Article summary As of 2021, the countries with the largest number of people without access were Nigeria (86 million), the Democratic Republic of the Congo (76 million), and Ethiopia (55…