Nathanael Disu, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Wed, 11 Oct 2023 20:32:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Nathanael Disu, Author at Nairametrics 32 32 201037849 Nigeria Breweries announces resignation of Mrs. Yeliz Yedikardesler as Director https://nairametrics.com/2023/10/10/nigeria-breweries-announces-resignation-of-mrs-yeliz-yedikardesler-as-director/ https://nairametrics.com/2023/10/10/nigeria-breweries-announces-resignation-of-mrs-yeliz-yedikardesler-as-director/#respond Tue, 10 Oct 2023 11:08:28 +0000 https://nairametrics.com/?p=468170 Nigeria Breweries Plc has announced the resignation of Mrs. Yeliz Yedikardesler.

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]]> https://nairametrics.com/2023/10/10/nigeria-breweries-announces-resignation-of-mrs-yeliz-yedikardesler-as-director/feed/ 0 468170 ETI group chairman, Alain Nkontchou buys N1.5bn shares via proxy https://nairametrics.com/2023/10/10/eti-group-chairman-alain-nkontchou-buys-n1-5bn-shares-via-proxy/ https://nairametrics.com/2023/10/10/eti-group-chairman-alain-nkontchou-buys-n1-5bn-shares-via-proxy/#respond Tue, 10 Oct 2023 10:45:25 +0000 https://nairametrics.com/?p=468176 Alian Nkontchou, Group Chairman of ETI has acquired an additional 96,515,229 shares in the company.

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]]> https://nairametrics.com/2023/10/10/eti-group-chairman-alain-nkontchou-buys-n1-5bn-shares-via-proxy/feed/ 0 468176 African countries can generate $70billion in trade activities – AfCFTA  https://nairametrics.com/2023/10/06/african-countries-can-generate-70billion-in-trade-activities-afcfta/ https://nairametrics.com/2023/10/06/african-countries-can-generate-70billion-in-trade-activities-afcfta/#respond Fri, 06 Oct 2023 12:21:04 +0000 https://nairametrics.com/?p=467749 The AfCFTA has suggested that African countries have the potential to generate over $70 billion in trade activities. 

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]]> https://nairametrics.com/2023/10/06/african-countries-can-generate-70billion-in-trade-activities-afcfta/feed/ 0 467749 Nigeria PMI rises to 51.1 as businesses continue to experience periodic high costs https://nairametrics.com/2023/10/03/nigeria-pmi-rises-to-51-1-as-businesses-continue-to-experience-periodic-high-costs/ https://nairametrics.com/2023/10/03/nigeria-pmi-rises-to-51-1-as-businesses-continue-to-experience-periodic-high-costs/#respond Tue, 03 Oct 2023 12:46:26 +0000 https://nairametrics.com/?p=467436 The latest Stanbic IBTC Purchasing Managers' Index™ (PMI®) for Nigeria has shown a modest yet positive improvement in business conditions.  

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]]> https://nairametrics.com/2023/10/03/nigeria-pmi-rises-to-51-1-as-businesses-continue-to-experience-periodic-high-costs/feed/ 0 467436 FG removes VAT on Diesel for 6 months  https://nairametrics.com/2023/10/01/fg-removes-vat-on-diesel-for-6-months/ https://nairametrics.com/2023/10/01/fg-removes-vat-on-diesel-for-6-months/#comments Sun, 01 Oct 2023 19:52:59 +0000 https://nairametrics.com/?p=467260 The Federal Government has announced the removal of the value-added tax (VAT) on diesel for the next 6 months. 

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]]> https://nairametrics.com/2023/10/01/fg-removes-vat-on-diesel-for-6-months/feed/ 3 467260 BUA Cement begins cement price slash to N3,500 from Oct 2nd  https://nairametrics.com/2023/10/01/bua-cement-begins-cement-price-slash-to-n3500-from-oct-2nd/ https://nairametrics.com/2023/10/01/bua-cement-begins-cement-price-slash-to-n3500-from-oct-2nd/#comments Sun, 01 Oct 2023 18:17:10 +0000 https://nairametrics.com/?p=467253 BUA Cement Plc has announced that it will commence its reduction of cement prices to N3,500/bag effective tomorrow, October 2nd, 2023. 

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]]> https://nairametrics.com/2023/10/01/bua-cement-begins-cement-price-slash-to-n3500-from-oct-2nd/feed/ 4 467253 New CNG conversion kits will start coming in very soon – Tinubu  https://nairametrics.com/2023/10/01/new-cng-conversion-kits-will-start-coming-in-very-soon-tinubu/ https://nairametrics.com/2023/10/01/new-cng-conversion-kits-will-start-coming-in-very-soon-tinubu/#comments Sun, 01 Oct 2023 09:21:03 +0000 https://nairametrics.com/?p=467227 President Bola Tinubu has stated that new CNG conversion kits will start coming in very soon to enhance affordability in the public transportation sector. 

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]]> https://nairametrics.com/2023/10/01/new-cng-conversion-kits-will-start-coming-in-very-soon-tinubu/feed/ 3 467227 FULL TEXT: President Bola Tinubu’s Independence Day Speech  https://nairametrics.com/2023/10/01/full-text-president-bola-tinubus-independence-day-speech/ https://nairametrics.com/2023/10/01/full-text-president-bola-tinubus-independence-day-speech/#comments Sun, 01 Oct 2023 07:17:51 +0000 https://nairametrics.com/?p=467212 Making the economy more robust by lowering transport costs will be key. In this regard, we have opened a new chapter in public transportation through the deployment of cheaper, safer Compressed Natural Gas (CNG) buses across the nation.

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]]> https://nairametrics.com/2023/10/01/full-text-president-bola-tinubus-independence-day-speech/feed/ 1 467212 VFD Group announces intention to voluntarily delist from NASD OTC Exchange https://nairametrics.com/2023/09/30/vfd-group-shares-delisted-from-nasd-otc-exchange/ https://nairametrics.com/2023/09/30/vfd-group-shares-delisted-from-nasd-otc-exchange/#comments Sat, 30 Sep 2023 11:40:28 +0000 https://nairametrics.com/?p=467169 VFD Group Plc has revealed via a statement sent to NASD Exchange that it has seen its shares delisted from the NASD OTC Exchange.

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]]> https://nairametrics.com/2023/09/30/vfd-group-shares-delisted-from-nasd-otc-exchange/feed/ 1 467169 Egypt and UAE signs currency swap deal worth $1.4 Billion https://nairametrics.com/2023/09/29/egypt-and-uae-signs-currency-swap-deal-worth-1-4-billion/ https://nairametrics.com/2023/09/29/egypt-and-uae-signs-currency-swap-deal-worth-1-4-billion/#respond Fri, 29 Sep 2023 14:18:08 +0000 https://nairametrics.com/?p=467096 Egypt and UAE signed a currency swap deal worth around $1.4 billion in a move to help the North African country ease its economic crisis.

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]]> https://nairametrics.com/2023/09/29/egypt-and-uae-signs-currency-swap-deal-worth-1-4-billion/feed/ 0 467096 NGX data reveals drastic drop in stock market transaction for August https://nairametrics.com/2023/09/29/ngx-data-reveals-drastic-drop-in-stock-market-transaction-for-august/ https://nairametrics.com/2023/09/29/ngx-data-reveals-drastic-drop-in-stock-market-transaction-for-august/#respond Fri, 29 Sep 2023 05:12:35 +0000 https://nairametrics.com/?p=467014 The Nigerian Exchange Limited (NGX) has released its monthly trading report, detailing the performance of both Domestic and Foreign Portfolio Investments (FPI) for August 2023.

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]]> https://nairametrics.com/2023/09/29/ngx-data-reveals-drastic-drop-in-stock-market-transaction-for-august/feed/ 0 467014 Erisco founder alleges banks demand N70/$1 bribe before forex allocation  https://nairametrics.com/2023/09/28/erisco-founder-alleges-banks-demand-n70-1-bribe-before-forex-allocation/ https://nairametrics.com/2023/09/28/erisco-founder-alleges-banks-demand-n70-1-bribe-before-forex-allocation/#comments Thu, 28 Sep 2023 17:30:51 +0000 https://nairametrics.com/?p=467001 Eric Umeofia has alleged that bank officials demand a compromise payment of N50 or N70 to a dollar from importers or manufacturers.

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]]> https://nairametrics.com/2023/09/28/erisco-founder-alleges-banks-demand-n70-1-bribe-before-forex-allocation/feed/ 4 467001 FG to tax wealthy Nigerians to achieve revenue target https://nairametrics.com/2023/09/28/fg-to-tax-wealthy-nigerians-to-achieve-revenue-target/ https://nairametrics.com/2023/09/28/fg-to-tax-wealthy-nigerians-to-achieve-revenue-target/#comments Thu, 28 Sep 2023 17:12:07 +0000 https://nairametrics.com/?p=466995 The Federal Government has stated its plan to begin taxing wealthy Nigerians to achieve its 18% Tax-GDP ratio revenue target.

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]]> https://nairametrics.com/2023/09/28/fg-to-tax-wealthy-nigerians-to-achieve-revenue-target/feed/ 1 466995 Africa Prudential appoints Festus Izevbizua as new CFO https://nairametrics.com/2023/09/27/africa-prudential-appoints-festus-izevbizua-as-new-cfo/ https://nairametrics.com/2023/09/27/africa-prudential-appoints-festus-izevbizua-as-new-cfo/#respond Wed, 27 Sep 2023 14:22:34 +0000 https://nairametrics.com/?p=466835 Africa Prudential Plc has announced the appointment of Festus Izevbizua.

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]]> https://nairametrics.com/2023/09/27/africa-prudential-appoints-festus-izevbizua-as-new-cfo/feed/ 0 466835 Reduce the number of BDCs from 5,000 to 200 – FG urges CBN https://nairametrics.com/2023/09/27/reduce-the-number-of-bdcs-from-5000-to-200-fg-urges-cbn/ https://nairametrics.com/2023/09/27/reduce-the-number-of-bdcs-from-5000-to-200-fg-urges-cbn/#comments Wed, 27 Sep 2023 14:18:10 +0000 https://nairametrics.com/?p=466839 The Federal Government has urged the CBN to reduce the number of BDC operating in the country from over 5,000 to about 200.

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]]> https://nairametrics.com/2023/09/27/reduce-the-number-of-bdcs-from-5000-to-200-fg-urges-cbn/feed/ 4 466839 Expenditure cuts is not enough to reduce rising debt in Africa – IMF Report https://nairametrics.com/2023/09/27/expenditure-cuts-is-not-enough-to-reduce-rising-debt-in-africa-imf-report/ https://nairametrics.com/2023/09/27/expenditure-cuts-is-not-enough-to-reduce-rising-debt-in-africa-imf-report/#respond Wed, 27 Sep 2023 11:17:39 +0000 https://nairametrics.com/?p=466817 IMF has explained how cutting down on expenditure is not enough to reduce rising debt in Africa.

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]]> https://nairametrics.com/2023/09/27/expenditure-cuts-is-not-enough-to-reduce-rising-debt-in-africa-imf-report/feed/ 0 466817 Senate confirms Dr. Cardoso as CBN Governor  https://nairametrics.com/2023/09/26/senate-confirms-dr-cardoso-as-cbn-governor/ https://nairametrics.com/2023/09/26/senate-confirms-dr-cardoso-as-cbn-governor/#respond Tue, 26 Sep 2023 17:02:58 +0000 https://nairametrics.com/?p=466741 The Senate has confirmed the nomination of Dr. Olayemi Cardoso as the next Governor of Central Bank of Nigeria (CBN). 

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]]> https://nairametrics.com/2023/09/26/senate-confirms-dr-cardoso-as-cbn-governor/feed/ 0 466741 Senate commences screening of Cardoso and Dep. Gov nominees https://nairametrics.com/2023/09/26/breaking-senate-commences-screening-of-cardoso-and-dep-gov-nominees/ https://nairametrics.com/2023/09/26/breaking-senate-commences-screening-of-cardoso-and-dep-gov-nominees/#respond Tue, 26 Sep 2023 15:10:25 +0000 https://nairametrics.com/?p=466714 The Senate has commenced screening of Dr. Olayemi Cardoso for possible confirmation as Governor of the CBN.

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]]> https://nairametrics.com/2023/09/26/breaking-senate-commences-screening-of-cardoso-and-dep-gov-nominees/feed/ 0 466714 CBN audit report would be available soon – FG https://nairametrics.com/2023/09/26/cbn-audit-report-would-be-available-soon-fg/ https://nairametrics.com/2023/09/26/cbn-audit-report-would-be-available-soon-fg/#respond Tue, 26 Sep 2023 11:07:29 +0000 https://nairametrics.com/?p=466659 The Federal Government has revealed that the report of the audit of the Central Bank of Nigeria (CBN) by a special investigator would be out soon.

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]]> https://nairametrics.com/2023/09/26/cbn-audit-report-would-be-available-soon-fg/feed/ 0 466659 NGX approves delisting of Capital Hotels Plc shares https://nairametrics.com/2023/09/26/ngx-approves-delisting-of-capital-hotels-plc-shares/ https://nairametrics.com/2023/09/26/ngx-approves-delisting-of-capital-hotels-plc-shares/#respond Tue, 26 Sep 2023 07:21:31 +0000 https://nairametrics.com/?p=466632 The NGX has approved the delisting of shares of Capital Hotels Plc to enable the company to explore strategic opportunities.

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]]> https://nairametrics.com/2023/09/26/ngx-approves-delisting-of-capital-hotels-plc-shares/feed/ 0 466632