POSTS BY: UGO OBI-CHUKWU

Ugo Obi-chukwu http://nairametrics.com

Ugo Obi-chukwu "Ugodre" is a chartered accountant with over 16 years experience in financial management, corporate finance and financial analysis. He is also a retail investor and a personal finance advocate with over a decade experience investing in the Nigerian stock market. Ugo is the founder of Nairametrics and blogs regularly on the website.

CBN Admits Banks Need Help

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


Why Black Market Is Not Going Away Even If We Float

Nairametrics| As at Friday, the 17th of March 2017, the exchange rate at the black market was about N455/$1 compared to...


Weekly Roundup of Business & Economic News From Nigeria (March 18, 2017)

Welcome to Nairametrics Economic and Business Review, our weekly summary of some of the most important Nigerian economic and...



Official: Here Is How Much You Can Make For Whistle-blowing 

Nairametrics| The Federal Government’s Whistle-blowing policy has been mired in some controversy lately, after news emerged that some whistle-blowers...


The Latest Drop In Inflation Rate Could Be A Blip?

Nairametrics| The National Bureau of Statistics released its 2016 February consumer price index confirming inflation rate for the month of...


Why GDP Growth Rate Drops Every Election Year In Nigeria

Nairametrics| The Federal Government released its 2017 National Economic Recovery Growth Plan (a Medium-Term Plan for 2017 – 2020),...


Big Plans: Key Highlights Of The FG’s Ambitious ERGP

Nairametrics| The Federal Government will grow the contribution of tax to GDP from 6% to 15% under the new...


Here is The Press Statement Giving Vehicle Owners One Month to Pay Customs Duties 

Nairametrics| The Nigerian Government is at it again, this time it’s the Customs Service. The Comptroller-General of the Nigeria...


Zenith Bank Shares Tank After Earnings Call “Blunder” 

Nairametrics| Shares of Zenith Bank Plc took a major pounding after releasing impressive 2016 FY results. The bank had...


Is United Capital Experiencing A Bear Trap?

  Nairametrics| United Capital’s share price dropped for the 4th straight day as investors continued taking profits ahead of...


Nigerian Students Have A Message For Xenophobic South Africans 

Nairametrics| Comrade Chinonso Obasi, National President of Nigerian Association of Nigerian Students, NANS, issued a statement Wednesday night condemning...



The Govt. Has Approved 60 day National Action Plan for Ease of Doing Business In Nigeria 

The Nigerian Government has approved a 60-day national action plan to help ease doing business Nigeria. The Council approved...


Why we don’t need IMF Loans –  Adeosun

Minister of Finance Kemi Adeosun confirmed on CNBC on Tuesday that Nigeria does not need a loan from the...


CBN sells $6m to banks @N304.75

The Central Bank of Nigeria sold about $6 million to commercial banks on Tuesday, according to information from Reuters. ...


FBN Capital Loses Its Position As Second Largest Mutual Fund By AUM

Nairametrics| FBN Capital Asset Management Losses Its Position as the Second Largest Mutual Fund Manager by AUM. In one...


Buy Sell or Hold? These 4 Heavy Weight Bank Stocks!

Nairametrics| The Nigerian Banking Index is currently up 0.42% year to date compared to the wider All Share Index which is...



Nigeria’s Forex Reserves Hit $29 billion; Highest Since Dec 2015

Data from the CBN’s website shows Nigeria’s foreign exchange reserves is now $29 billion,  the highest it has been...


Nigeria’s $1bn Eurobond begins trading on the London Stock Exchange

Nigeria’s $1 billion 15-year Eurobond started trading on the London Stock Exchange yesterday. The Offer which was nearly eight...