Official: Nigerians spend N11.3 trillion as household expenditure in the 3rd quarter of 2016

Data from the National Bureau of Statistics show Nigerians spent a N11.3 trillion in the third quarter of 2016...


All the major economic news from Nigeria in 5 minutes – 26/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Minister of Finance, Mrs. Kemi...


Another 3 Risks to note when investing in cryptocurrencies

The whole world seems to be a buzz with crypto talk, and Nigeria is not left out. Ponzi schemes...



‘Mareva’, How ‘Etisalat 13’ plans to checkmate Mubadala

The consortium of 13 banks that lent Etisalat Nigeria $1.2 billion have decided to seek legal action against Mubadala...


Perennial broke friends have these 6 habits

These are dire times in Nigeria’s economy, needless to repeat. However, dire or not, as individuals, we continue to...


Explained: What is a HMO?

An HMOis an acronym for a “Health Maintenance Organisation” in Nigeria. They are companies mandated solely to manage the...


Explained: Why banks won’t give your business a Loan

Most governments around the world have identified small businesses as a major catalyst for economic growth. However, small businesses...


Regulatory and compliance requirements every business owner in Nigeria must know

Businesses operating in Nigeria are increasingly being regulated as the Government strives to promote good corporate governance and best...


NIGERIA: Daily Parallel Market Exchange Rate (June 24, 2017)

Parallel market exchange rate between the Naira and three of the world's major...


All the major economic news from Nigeria in 5 minutes – 23/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Lagos State Government has promised...


Something is not right with the latest review of Nigerian stock market indices

The Nigerian Stock Exchange during the week announced the expected review of the NSE 30, and the six sectoral...


CBN to the Etisalat 13: Stand down

Unconfirmed reports from Vanguard newspapers have stated Central Bank of Nigeria (CBN) has intervened in the Etisalat Nigeria loan...


4 reasons why Nigerian stocks are suddenly falling again

The Nigerian All Share Index fell for the second straight day on Thursday to 1.6%. The stock market snapped...


All the major economic news in Nigeria in 5 minutes 22/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Acting Chairman, Fiscal Responsibility Commission...


Etisalat claims it owes banks $575million not $1.2 billion

Etisalat Nigeria has revealed that the $1.2 billion widely reported as its indebtedness to about 13 Nigerian banks is...



Likely effect of an Etisalat solvency on the profits of these banks

Summary: An equivalent of 49% of the profits made by Fidelity Bank in 2016 could be lost Access Bank...


How to start up a Snail Farming business

Snail farming is one of the numerous goldmine that people are yet to grasp, all thanks to a bit...


More questions arise as World Bank loans Nigeria another $961 million

The World Bank has approved another $961 million loan for the implementation of 2 program for results operations in...


SBM Jollof Index shows Nigerians are spending more

The SBM Jollof index is a composite index that tracks the prices of the main ingredients used to prepare...


Travis Kalanick Fall, experts share lessons for Nigerian start-ups

Travis Kalanick founder of ride sharing app Uber, yesterday resigned from his post as Chief Executive Officer (CEO) of...


All the major economic news from Nigeria in 5 minutes – 21/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Central Bank of Nigeria, CBN,...


List of results released on the Nigerian Stock Exchange (Updated June 20 2017)

Nairametrics| The table below contains a listing of all the results released in 2017 for companies quoted on the...


Akwa Ibom has taken Total Upstream to court over unpaid taxes

In yet another example of why Nigeria is a difficult place to do business, the Akwa Ibom state government...


Alert: Conoil declares N2.8 billion profit (2016 FY)

Conoil today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N85,024...


5 post retirement ideas you should share with your parents

It’s about that time when your folks have to readjust to a new phase in life- retirement. After several...


Christmas comes early for Nigerian ETF investors

The Nigerian stock market has been showing great improvement since the beginning of May 2017 with most of the...


How to create your own personal balance sheet

“100% of Nigerians, who are alive, are liable to die” – Author Unknown   More than five out of...


Nigeria’s pension fund assets surge to a record N6.5 trillion

The total assets of Nigerian Pension funds grew by 3 per cent between March and April 2017 to a...


Sequence of events that led to the exit of Etisalat UAE

Nigeria’s fourth largest GSM service provider Etisalat Nigeria announced on Tuesday that its parent company, Etisalat UAE has decided...