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.


‘Pastor Osinbajo’ Says Buhari Is “Hale and Hearty” 

The acting president moved to calm nerves on Monday announcing that Nigeria’s President Buhari was according to Reuters “Hale and Hearty”....


Nigerite Says It’s New Cement Product Means “You No Longer Need To Plaster Before Painting” 

Nigerite Says it has launched a new Cement product that may mean builders no longer need to apply plastering...



Nigeria’s President Extends Leave Indefinitely, So He Can Get “Test Result” 

Nigerian President,  Muhammadu. Buhari has extended his stay abroad indefinitely. According to a press release issued by the State...


NNPC Says It Has Enough Stock To “Wet The Country” For 36 Days

Nigeria’s state owned oil firm, The Nigerian National Petroleum Corporation (NNPC) has announced that it has enough petrol in...


Operation Rivers Sweep: Nigerian Navy Says It Destroyed “N3b Worth of Illegal Refineries” 

The Nigerian Navy says it has destroyed 40 illegal refineries, equipment and petroleum products worth N3 billion. This was...


Guinness Post Back To Back Losses For Only The Second Time In 30 Years. 

Guinness, Nigeria’s second-largest brewer, posted its second loss in at least 30 years as a recession ravaged Nigeria burns...


Why Union Bank Investor, Atlas Mara,  Wants To Go Private. 

Strategic Investors in Union Bank of Nigeria,  Atlas Mara has said that it is weighing options to go private....


South African CEOs Ditch Nigeria, Sees China, UK, US as Most Important – PWC Report 

South African CEOs have named China (36%), the UK (31%), the US (25%) and India (22%) as the most...


Here Is What Osinbajo Told The People Of Gbaramatu Kingdom 

Vice President of the Federal Republic of Nigeria, His Excellency, Prof Yemi Osinbajo, SAN, GCON, started a series of...


Activist Group Explains Why They Want Govt To Raise Taxes On Local Tobacco Manufacturers

An Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has requested for an increase in import duty to 120%....


On Record: Kemi Adeosun Says “Black Market Will Collapse Soon” 

The Minister of Finance,  Kemi Adeosun has said that the black market, where most Nigerians buy and sell forex,...


Nnewi Based Ibeto Group, Says They Sacked 2000 Staff Due To “Cheap Chinese Batteries”. 

Nigerian onwed and Nnewi based battery manufacturing company, the Ibeto Group, is claiming that dumping of cheap Chinese batteries...


PZ Wilmar Stakes $80m In Crude Palm Oil Refinery In Nigeria. 

The News Agency of Nigeria is reporting that PZ Wilmar Limited, has staked about $80 million on its crude...


NPF Microfinance Bank Considers Using Policemen To Arrest Loan Defaulters. 

NPF Microfinance Bank,  formerly Nigerian Police Force Microfinance Bank is considering using police men to arrest loan defaulters.  According...


Niger Delta Crisis: Osinbajo To Visit Oil Communities From Monday

The Nigerian Government has stepped up efforts to address the unrest in the Niger Delta. In a press release...


SEC Nigeria Issues Press Release Against Bitcoins And Other Cryptocurrencies

The Security and Exchange Commission of Nigeria has issued a press release warning against investments in Crypto Currencies. In...


Two Classic Examples of How FRCN Corporate Governance Codes Conflicts With CAMA

The Executive Secretary of the FRCN, Jimi Obazee was sacked yesterday following the controversy surrounding the corporate governance codes....


Wigwe Boasts Access Bank Is “Extremely Liquid” As Stock Hit One Year High

Access Bank shares closed the first week in January 2017 as the third best gainer. Its share price rose...


Why Two Chinese and a Nigerian Are About To Be Jailed for Exporting from Nigeria

Nairametrics|Mr. Shu Xiang Quan and Mr. Wu Sheng, two Chinese men and a Nigerian,  Mr. Ugochukwu Frank, were arraigned...