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

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


Alert: MRS Oil Reports N1.5 billion Profit (2016 FY)

MRS Oil Nigeria today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY...


What Next After Exchange Rate Drops Below N400 For First Time Since August 2016?

Nairametrics| The exchange rate between the naira and the dollar on the parallel market has dropped below N400 for...




CBN Admits Banks Need Help

I do not like to sound alarmist but some Nigerian banks are particularly not in a state of good...


Prodded by China Cash, CCECC Takes Over Rail Construction In Nigeria

Nairametrics| Chinese state-owned firm China Civil Engineering Construction Corp (CCECC) was recently awarded a three-year management contract worth $1.79...



BDC’s State Their Concern For Stronger Naira

One man's meat is another man's ...


A Familiar Pattern Is Rearing Its Head On The Black Market

Nairametrics| The exchange rate closed on Thursday at a price of N400 on the black market. If you wanted to...


Alert: Unilever Nigeria More Than Doubles Profit (2016 FY)

Unilever Nigeria today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016|...


Quick Run Down Of Fitch Diagnosis Of Nigerian Banks

Fitch Ratings issued its latest comments on the Nigerian Banking sector on Wednesday spooking investors about the relative health...


Africa Center: Aliko Dangote Is Going ‘Global’, Just Like The Others

Nairametrics| Aliko Dangote, the richest African, according to Forbes, has always had global ambitions. He has taken his cement...


List of Dividends Announced So Far In 2017 (Updated March 23rd, 2017)

Nairametrics| As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by...



Nigeria’s ERGP Is Under Threat From A Familiar Foe

Nairametrics| Nigeria’s plan for economic resurgence, which was contained in the Economic Recovery and Growth Plan (ERGP), has one...




Lafarge Wapco Pays Dividends “On Tax Credits” 

Nairametrics| Shareholders of Lafarge Wapco Plc. have cause to smile as the company declared a dividend of N1.05 per share...


Why Sterling Bank Is Flirting With Exporters

Nairametrics|Tier two lender, Sterling Bank has entered into a partnership with the Nigerian Export Promotion Council (NEPC). The partnership...


CBN Stays Pumping: Naira Now At 6 Months High

“You know what capitalism is? Getting f%&@!&” Scarface Nairametrics| A lot of words have been used to describe the recent...