CATEGORY: COMPANIES

Air Peace Needs To Grow Slowly

Nairametrics|Air Peace, one of the few surviving airlines in the country, which currently flies to Accra, Ghana, has disclosed...


Government Admits ‘We Made A Mistake’

Supportive policies are needed to curb this...


What Nigerian Companies Were Up to Last Week By @Ugodre

Nairametrics| Roundup of Company News from Nigeria for the week ended March 18, 2017. Etisalat was easily the most...



The AMCON Pill Is Bitter: Aerocontractors Sacks 900 Staff

Nairametrics| One year after the Asset Management Company of Nigeria (AMCON) intervened in the affairs of Aero Contractors Company...


Deadlock: Banks Have Refused Etisalat’s “Trojan Horse” Offer

Nairametrics| The 13 Nigerian banks that loaned Etisalat Nigeria, $1.2 billion in 2013, insist the bank must, repay the...


Etisalat Debt: IHS Has Explained Its Own Side Of The Story

Nairametrics| Ever since the Etisalat $1.2 billion debt unraveled a couple of weeks ago, we have now had about...


Lending To Private vs Public Sector: GTB’s Has Revealed Its Focus For 2017

Nairametrics| Commercial Banks face a rather delicate choice to make when it comes to lending in Nigeria. They can decide to...


Fidelity Bank Comes Clean: ‘Etisalat Nigeria Owes Us N17.5 Billion’

Nairametrics| Fidelity bank, is now the latest Nigerian bank to come clean on Etisalat Nigeria’s indebtedness to it. The...


MTN Nigeria Solar Deal: Great CSR, More Mobile Money 

Nairametrics| MTN Nigeria, is apparently looking beyond its current core areas of voice and data, to move into mobile payments....


Why Shell May Not Renew Oil Blocks In 2019

Nairametrics|Seventeen of SPDC’s (Shell Petroleum Development Company) oil blocs will fall due for renewal in 2019, giving the oil...


After GTB Comes Clean On Etisalat, Who Is Next?

Nairametrics| At this rate, Etisalat Nigeria may turn out to be the proverbial bull in the china shop for...


Total Nigeria Reports N14.8 billion Profit After Tax (2016 FY)

Total Nigeria Plc today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY...


Flash: Etisalat Owes GTB N42 billion

Nairametrics| The Managing Director/CEO of Guaranty Trust Bank (GTB) has confirmed that Etisalat owes them about N42 billion. Here...


A Quick Run Down of The Legislative Dispute Between NLNG vs National Assembly

Nairametrics| The Nigerian Liquefied Natural Gas project is arguably one of the best examples of how government and the...


Tanzanian President Just Caught The Dangote Bug

Nairametrics| Critics of Africa’s richest man, Aliko Dangote have accused him severally of practicing crony capitalism or taking advantage...


How They Are All Connected To The Etisalat Web Of Debt

Nairametrics| With Etisalat, the duo of the Central Bank Of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have a big...


Why GTB Did Better Than Zenith In 2016

Nairametrics| Zenith Bank and GT Bank are two of the most profitable banks in Nigerian history. They were both...


Abu Dhabi Etisalat May Divest From Nigeria Once It Signs Deal With Banks

Abu Dhabi telecoms group Etisalat may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2 billion...


Bailout? Etisalat Owes IHS Too And Has Defaulted In Payments

Nairametrics| Despite the temporary reprieve from what was an imminent commencement of receivership activities by a consortium of Nigerian Banks,...