POSTS BY: ONOME OHWOVORIOLE

Corporate Action: Julius Berger Plc Announces Closed Period

Julius Berger Nigeria Plc in a notice to the Nigerian Stock Exchange (NSE) announced that its Board Audit Committee...


Eight Months After, FG Reintroduces Fuel Subsidy

Eight months after the removal of subsidy on petroleum products, and introduction of a “price modulation” of fuel prices,...


NBS Kerosene Watch: Kerosene Prices Drop 11% Year on Year

In the December Household Kerosene price watch released yesterday by the NBS, Abia State had the highest average price...



A Review Of Nigerian Bitcoin Exchanges, Nairaex And Naira4dollar

While the Securities and Exchange Commission (SEC) as well as the Central Bank of Nigeria (CBN) have sounded notes...


MMM Nigeria Resumes Ahead of Schedule

Ponzi scheme Mavrodi Mondial Moneybox (MMM) has resumed operations in Nigeria. Even though no official statement has been released,...


CBN To Resume Dollar Sales to BDCs Next Week

The Central Bank of Nigeria CBN is to resume dollar sales to Bureau De Change operators next week. CBN...


Key Takeaways From The Nigeria Stock Exchange 2016 Review/2017 Outlook

The Nigerian Stock Exchange (NSE) yesterday held its 2016 review/2017 Outlook.  The event was a forum for the management...


Corporate Action: Meyer Plc Appoints MD and Company Secretary

Paint manufacturerer Meyer Plc in a statement released by the Nigerian Stock Exchange (NSE) yesterday announced the appointment of...


Jaiz Bank Insurance Introduces Takaful Insurance

Jaiz Bank Insurance Plc, a subsidiary of Jaiz Bank Plc has introduced Takaful insurance services in the country. In...


Corporate Action: Med-View Airlines To List Shares January 31st on the NSE

Med-View airlines is to its shares on the Nigerian Stock Exchange on the 31st of January. The aviation firm...


Corporate Action: UBA Plc Notification of Closed Period

UBA Plc, in a statement to the Nigerian Stock Exchange NSE has declared the commencement of the bank’s closed...


Corporate Action: Meyer Plc Commences Rights Issue

Paint manufacturer, Meyer Plc has opened its rights issue of 291 million shares at 75 kobo per share. The...


2017 Outlook: Why Axa Mansard Stock Is A Good Buy

Nairametrics|AXA Mansard is the largest company by capitalization on the NSE Insurance index, with a market capitalization of N17...


NNPC Can’t Explain Why Its CHQ Expenses Topped N121 billion In One Year

Nairametrics| NNPC released its financial report for the month of November detailing the operations of the state owned oil...


Federal Government Suspends Corporate Governance Code, Sacks Jim Obazee

The Federal government, has announced the reconstitution of the board of the Financial Reporting Council of Nigeria (FRC).  In...


Court Orders MTN Nigeria To Forfeit N8 billion to FG

In yet another battle for MTN Nigeria, a federal high court has granted a court order temporarily forfeiting the...


RAK Unity Petrolem Changes Financial Year End

In a notice to the Nigerian Stock Exchange, RAK Unity petroleum has changed its financial year end from 31st...


Edo State To Employ 10,000 people To Collect Revenue

Newly elected Governor of Edo State, Godwin Obaseki has instituted processes to employ 10,000 people in the state. They...


MMM now accepts bitcoins for Payment

Ponzi scheme MMM which was suspended abruptly last year, has now approved the use of bitcoins for payment. Bitcoins...


Jaiz Bank to list on the NSE

Nigeria’s premier non-interest commercial bank, Jaiz bank has gotten the approval of the Nigerian Stock Exchange to list its...