According to Debt Management Office (DMO), Nigeria’s total public debt stock jumped year on year (y-o-y) by 15.64% to N33.11 trillion as at March 2021 (from N28.63 trillion as at March 2020).The... Read more »
Every car owner knows that even if they have a newer car model, it’s going to break down from time to time. However, it can become very frustrating when you’ve paid for... Read more »
When you are running a retail business, you need to make sure that you are always considering the customers’ needs first and foremost. As long as you think about the customer in... Read more »
By Abdulaziz Abdulaziz, Chris Agabi & John C. Azu At least 180 Bureau De Change (BDC) operators nabbed by security operatives for alleged link to terrorism financing paid N900 million in penalties... Read more »
The federal government has said the concession of four international airports would not affect the repayment of the $500 million loan taken from the China Exim Bank for the airports’ terminals. Akelicious... Read more »
BY: Emmanuel Addeh The Nigerian National Petroleum Corporation (NNPC) has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments in basic infrastructure to achieve... Read more »
From time to time, we all struggle with our finances, whether that means you are paying off some kind of debt or finding it hard to cover all of your monthly expenses.... Read more »
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China’s latest attempt to clamp down on what... Read more »
The National Union of Petroleum and Natural Gas workers has threatened to go on nationwide strike if the Federal Government fails to caution Kaduna State Governor, Nasir El-Rufai, who has declared the... Read more »
Senator Rochas Okorocha (APC-Imo West) has stated that Nigeria can make a lot of money and create one million jobs from cattle rearing. Speaking on Channels TV Sunday Politics, the former Imo... Read more »
Oil prices dropped by almost three per cent yesterday morning and were set for the biggest percentage drop since early April, after the restart of Colonial Pipeline eased some of the concerns... Read more »
Akelicious reports that some commercial banks, following the Central Bank of Nigeria’s (CBN) order have started sending new transfer limits to their customers. Emails sent to some customers seen by Akelicious show banks are informing... Read more »
Almost every small business is invested in the marketing strategies that they have in front of them for their products and services. It makes sense: without marketing, a business cannot get its... Read more »
Being efficient means achieving maximum productivity with minimum wasted effort. In business, being efficient is extremely important. Efficiency is the key to optimizing your business and getting the most out of it.... Read more »
Right now the e-commerce industry is a roaring success. The pandemic combined with extra consumer disposable income is leading to a boom in sales which is bringing the future of shopping closer... Read more »
Your business is your baby, and that’s why when things start to go wrong, it can feel like an absolute nightmare. But, you might not be able to see the problem because... Read more »
Prices of food items have gone up in major markets in Ilorin, the Kwara State capital as Muslims began to shop for the forthcoming Eid-el- Fitr celebration. A market survey conducted by Akelicious revealed... Read more »
It would be amazing to think that every day of our business lives will be joyous and drive us forward. However, as you probably know by now as a business owner, that... Read more »
The federal government’s Value Added Tax (VAT) collections rose to N496.39 billion in the first quarter of 2021 from the N454.69bn realised in the fourth quarter of 2020, according to the National... Read more »
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said the bank has disbursed N83.9 billion to pharmaceutical companies and healthcare practitioners nationwide to cushion the effects of the COVID-19... Read more »
The Nigerian Civil Aviation Authority (NCAA) has announced the immediate resumption of international flights at the Port Harcourt International Airport, River State. The agency, however, said the resumption of international flights at... Read more »
When it comes to business, it’s easy to think that you have to be able to do everything yourself. In some cases, you will want to. As you first get started, you’ll... Read more »
Days after, sending out an earlier letter to the Minister of Finance, Zainab Ahmed prohibiting the importation of sugar from free trade zones, in Nigeria, the Minister of Trade Industries and Investment,... Read more »
Vice President Yemi Osibanjo has said the startup ecosystem is one of the vital tools in finding solutions to Nigeria’s economic challenges. Osinbajo said tech startups will determine if Nigeria’s future as... Read more »
At some point in our lives, it’s pretty common to consider the idea of starting up your own business. It’s an appealing idea, betting everything on yourself and being your own boss;... Read more »
A new mobile app that allows instant exchange of crypto currency with the naira and other currencies in the globe has debuted in Lagos, courtesy of Tradefada Nigeria Limited. This, according to... Read more »
In the just concluded week, the Nigerian Electricity Regulatory Commission (NERC) indicated its readiness to conclude the Extraordinary Tariff Review process for the 11 Distribution companies (DisCos) and commence the processes for... Read more »
Power consumers and power sector experts have tasked the 11 power Distribution Companies (DisCos) on accelerating meter installations for the over eight million customers while improving power supply by enhancing their networks.... Read more »
The Bureau of Public Enterprises (BPE) on Sunday announced its decision to sell the five power generation companies constructed under National Integrated Power Project (NIPP). Akelicious reports that this was made known by... Read more »
The Central Bank of Nigeria (CBN) has removed Ibukun Awosika, Oba Otudeko and other directors of First Bank of Nigeria Limited over what it termed the directors refusal to submit to regulatory... Read more »
As a business, you should always be looking at ways in which you can grow your business and part of that means making more money. The more money you can make, the... Read more »
Your customer service plays a key role in your success as an E-commerce store, especially when it comes to building trust, engaging with them, and building lasting relationships. This is why building... Read more »
The House of Representatives has called on the Central Bank of Nigeria (CBN) to suspend the April 2021 deadline for the proposed recapitalisation by MicroFinance Banks (MFBs) until the economy stabilises from... Read more »
Fidelity Bank Plc has recorded N10 billion profit in the first quarter (Q1) of 2021, indicating a 53.9 percent growth in Profit Before Tax (PBT). Details of the unaudited results, released to... Read more »
In a bid to provide affordable homes for Nigerians, a major player in the real estate industry in the country, CDV Properties and Development Limited has flagged off its new projects, Apple... Read more »
Plans are underway for the Nigerian Electricity Regulatory Commission (NERC) to review tariffs that customers pay to the 11 Distribution Companies (Discos) and to also approve a new capital expenditure (capex) for... Read more »
The management of BUA Cement Plc has said there is no increase in the price of its cement. A statement yesterday by Sunday Ogieva of the company’s Corporate Communication Department said the... Read more »
A N720 billion swap deal for at least 15 billion Renminbi (Yuan) currency between Nigeria and China has recorded a slow pace three years after the initiative was launched. This has left... Read more »
The federal, states and local governments have shared a total of N681.33 billion as March 2021 federation revenue. The communiqué released after the April Federation Accounts Allocation Committee (FAAC) meeting also showed... Read more »
Get creative, get noticed. Represent your company and your brand with high-quality and reusable beverage containers. They make great promotional items for business swag bags and giveaways. These reusable drink tumblers and... Read more »
The Minister of State for Industry, Trade and Investment, Mariam Yalwaji Katagum, has said that the federal government has commenced engagement with stakeholders with a view to enriching the draft National Policy... Read more »
The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to combat the build-up of fuel queues... Read more »
The landing cost of Premium Motor Spirit (petrol) imported into Nigeria has jumped to N216.31 per litre on the back of the recent increase in global oil prices and the depreciation of... Read more »
The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of petrol across the country from 550 trucks to 1,661 trucks to combat the build-up of fuel queues in some parts... Read more »
The Department of Petroleum Resources (DPR) on Friday debunked claims that the exact volume of crude oil produced in the country was not known. Mr Paul Osu, Head, Public Affairs, DPR, in... Read more »
China’s economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year. It’s the biggest jump in the gross domestic product (GDP) since China started... Read more »
The FG has disclosed that the Middle-East nation of Qatar is set to invest in the Nigerian economy the sum of $5 billion. The Federal Government has said that the oil-rich state... Read more »
The Debt Management Office (DMO) announced the auctioning of three federal government bonds of N150 billion at N1,000 per unit. This was announced on Wednesday. Details obtained from DMO’s website showed that... Read more »
The Central Bank of Nigeria (CBN) has said that Nigeria cannot stop burrowing, especially when it is necessary as it is part of fiscal responsibility. The CBN Governor, Mr. Godwin Emefiele, said... Read more »
The Dangote Cement Group sells its product in Southern African country, Zambia, for at most 110 Kwacha which equals to about N1, 800 in Nigeria, while the same product sells for not... Read more »
MTN customers in Nigeria now have alternative electronic payment platforms to recharge their phones as the mobile network operator on Saturday announced that customers can recharge airtime through payment solutions platforms such... Read more »
The Nigerian National Petroleum Corporation (NNPC) has declared that the pump price per litre of petrol won’t be increased until the federal government concludes negotiations with labour.The group general manager, group public... Read more »
One week after introducing the Naira4Dollar scheme, the Central Bank of Nigeria introduced its Naira4Dollar scheme, $40 million in foreign remittances might have been raked in, Voice of Nigeria reports. The CBN... Read more »
Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financial year ended Dec. 31, 2020, even as... Read more »
The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent. Godwin Emefiele, the CBN governor, announced the committee’s decision on... Read more »
By Emmanuel Addeh The Nigerian National Petroleum Corporation (NNPC) yesterday vigorously defended the approval of a whopping $1.5 billion for the rehabilitation of the Port Harcourt refinery, maintaining that apart from following... Read more »
The pricing template released by PPPRA effectively shows the government has been paying fuel subsidy despite its denials. As it has become clear the Nigerian government has continued to subsidise the price... Read more »
The Coalition of Northern Groups (CNG) has accused MultiChoice Nigeria Limited, owners and operators of DSTV, of perpetrating bias towards northern media-owned channels on its per-pay-view network services. In a petition sent... Read more »
The Federal Airports Authority of Nigeria (FAAN) has temporarily shut down the E-Finger departure screening point at the Murtala Muhammed International Airport (MMIA), Lagos. The suspension, according to the FAAN, was part... Read more »
The Central Bank of Nigeria and the Nigerian Communication Commission has announced that effective from today, March 16th 2021, USSD services for financial transactions conducted at deposit money banks and all CBN... Read more »