POSTS BY: ONOME OHWOVORIOLE

What OAS helicopters stands to gain by partnering Abu Dhabi Aviation

After a two year period of discussions, OAS helicopters has finally signed a partnership agreement with Abu Dhabi Aviation...


MCSI Index re-balancing could inject steroids into an already charged Nigerian stock market

Rebalancing  of the Morgan Stanley emerging market index could have a positive effect on the Nigerian Stock Exchange (NSE)...


#PMBMid-term: 3.5 million join unemployed Nigerians during Buhari administration

The effects of the recession were once again brought to the fore as the National Bureau of Statistics (NBS)...



It’s bulls galore as NIPCO launches MTO for Mobil Nigeria

Independent petroleum marketer, NIPCO Plc has opened its Mandatory Takeover (MTO) for minority shares in Mobil Nigeria Plc. NIPCO,...


Etisalat vs Nigerian banks: Why not try this option?

The intervention by the National Communications Commission (NCC) and the Central Bank of Nigeria (CBN) in negotiations between Etisalat...


MTN may lose millions in bulk sms revenue because of a court judgement

MTN Nigeria, the largest GSM operator in the country, may see a drop in revenues due to a recent...


The Taxify-AIICO-AutoGenius partnership is a win win for all parties     

One of Nigeria’s leading Insurance companies, AIICO has announced a partnership with ride sharing app, Taxify to offer insurance...


Senate’s move to fix interest rate won’t work.

Senate President Bukola Saraki said the Senate may restrict the quantity of government securities banks can buy. Saraki was...


Funke Opeke talks profits, expansion plans and what she looks our for when hiring at MainOne

In an exclusive interview with Nairametrics, MD of MainOne cable systems, Ms Funke Opeke discussed the past present and...


Kwara State is offering 5 year tax holiday for Startups and SME’s

In a move designed to wean the state from its dependence on crude oil allocations and increase employment opportunities,...


Government’s new tobacco laws could be ‘bad’ for business

Health minister Isaac Adewole said that the government would begin enforcement of parts of the National Tobacco Control Act...



MTN’s proposed acquisition of Multichoice Africa is deal and a half

Even though both parties are yet to issue a formal statement, sources close to South Africa based MTN communications...


Is Dangote Cement right in making donations to NASS and FRCN ?

Dangote cement is one of the biggest companies on the Nigerian Stock Exchange (NSE) with a market capitalization of...


Dangote cement contributes over N1 billion to the Benue State economy annually

While launching a set of tricycles donated to various communities in Benue state, Aliko Dangote gave a break -down...



Wapic Insurance to raise N10 billion in fresh capital

Share holders of Wapic insurance at its Annual General Meeting (AGM) gave management approval to raise up to N10...


AMCON made a N254 billion loss in 2016

MD of the bad bank Mohammed Kuru said the possibilities of an AMCON II were unlikely. Kuru was of...


What Nigerian airlines can learn from British Airways

British airways has confirmed that flights to Nigeria have resumed after a worldwide systems collapse led to cancellations of...


CI Leasing to convert $12.9 million loan from Abraaj to equity – Key lessons

CI leasing Plc has gotten approval from its shareholders to convert part of a $12.9 million Abraaj loan to...


Arik debts may be more than N375 billion

Auditors to Arik air, have discovered that the company’s debt may be more than the previously stated figure of...


Acting President Osinbanjo swaps Pencom and BOI appointments

Perhaps in response to the controversy that arose from the nomination of Abdulrahman Dikko as the Director General of...


Some grey areas in CSCS 2016 annual report.

CSCS plc, the clearing house of the Nigerian capital market recently released its annual report for the financial year...


Etisalat’s loss of 2.9 million customers could cost it almost N7 billion

Nairametrics| Two successive quarterly reports by the Nigerian Communications Commission (NCC) revealed that Etisalat Nigeria lost 2.9 million subscribers in...


Why Dangote wants the Peugeot Assembly plant.

Aliko Dangote, may be expanding his empire into car assembly, if the Central Bank of Nigeria (CBN) gives the...


Airtel’s is upgrading its 4G network and here is why

Airtel, one of Nigeria’s top 3 GSM providers, has concluded arrangements to upgrade its network. Here‘s what we know...


Rand Merchant Bank initiates N80 billion CP programme

South African bank, Rand Merchant bank has listed an N80 billion commercial paper programme on the FMDQ platform. Commercial...


FG may issue green bonds next month

The federal government may issue the first tranche of green bonds next month. UN Deputy Secretary-General and former Minister...


Turkish firm opens $100 million diaper and tissue paper factory in Ogun state

Turkey based fast-moving consumer goods producer, Hayat Kimya has opened a $100 million factory in Ogun state. The factory...


Why Valentine farms may not get a N2bn CBN loan

Valentine farms, one of the 13 Shongai farms may not be accessing a N2 billion loan from the Central...