POSTS BY: ONOME OHWOVORIOLE

Zentih Bank announces it is raising $500 million Term Notes

Nairametrics| Barely a few months after Zenith bank shareholders rejected the proposed capital raising exercise, the bank has come up...


Why AG Leventis had a difficult 2016

Nairametrics|One of the oldest conglomerates in the country, AG Leventis recently released its results for the financial year ended...


What SEC says will happen to those who buy shares with false names

Nairametrics| The Securities and Exchange Commission (SEC) has given a six month grace period to individuals who made illegal...



Quick updates on Nigeria’s Sugar Master Plan

Nairametrics|  The federal government is very keen on pursuing the National Sugar Master Plan and encouraging investors to key...


Jitters, as talk between Etisalat and Nigerian banks hit brick wall

Nairametrics|Talks between telecoms operator Etisalat and the consortium of Nigerian banks has ended in a deadlock.  Etisalat held the...


Comment: Why Firstbank has joined the digital train

Nairametrics| One of the biggest banks in the country in terms of share capitalization and size, First bank has...


Analysis: Lafarge Africa’s proposed N140 billion in rights issue

Nairametrics| Cement producer Lafarge Africa plans to raise equity through a rights issue later this year. The company says it...


Comment: Why Stanbic IBTC is simplifying its banking services

Nairametrics|Tier two bank, Stanbic IBTC has decided to reduce the documentation required to open a bank account. Customers can...


Dangote Group moves into road construction; Possible benefits

Nairametrics| The Dangote group seems to be an expansion drive this year. From the kick off a truck assembling plant...


Dangote Cement in play as Cameroun plans to double cement production by 2018

Nairametrics| Central African country, Cameroun’s major cement producers have decided to double their total production volumes to 7 million...


Update: CBN did not reverse ban on 41 items (mix-up explained)

Nairametrics| The Central Bank of Nigeria has issued a press release clarifying interpretations  that it had reversed the ban...


Why The Dangote Group is buying Chinese cars

Nairametrics| The Dangote group has decided to buy 30 GAC saloon cars for its operations.  The cars are locally...


NNPC’s 2019 Deadline For Petroleum Products Importation Is Unrealistic

Nairametrics| Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru has said that the...


Ecobank Is Cutting Costs To Return To Profitability

Nairametrics|As part​ of efforts to stream​line costs, Pan African bank, Ecobank, has decided to merge 74 of its branches....


Reasons Dangote Sugar Is Keen On Backward Integration

Nairametrics| At the Annual General Meeting (AGM) for Dangote Sugar Refinery, chairman of the company, Aliko Dangote, stated his...


Analysis: Will Wema Bank’s Alat Succeed?

Nairametrics| Wema Bank, a tier 2 lender has quietly launched Nigeria’s first digital bank, Alat. Alat is built to run without needing physical presence at a bank....


Why EuroGlobal Foods Is Expanding To 30 Nigerian States

Nairametrics| EuroGlobal Foods has stated that it would expand to 30 states and beyond within the next two years. It also stated...


Analysis: Heirs Holdings Is Rejigging Transcorp

Nairametrics| Heirs holding, owned by billionaire Tony Elumelu has taken moves to reverse the losses in Transcorp. It has decided...


What Aiteo Stands To Gain From Its N2.5 Billion NFF Deal

Nairametrics| The Nigerian Football Federation (NFF) has signed a deal with Aiteo resources whereby the company will foot the...


UAC’s Subsidaries Need More Than Fresh Funds

Nairametrics| UAC, one of Nigeria’s oldest conglomerates has two of its subsidiaries looking to raise a total of N6 billion....