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Deepdive

Expert reviews and opinions from financial analysts, economist, professionals, business leaders and leading experts in Nigeria.

THE CASE FOR A SINGLE CURRENCY IN AN EVOLVING GLOBAL FINANCIAL SYSTEM (I)

Preamble Appreciating the risk of sounding like a lunatic, lone dissenting voice given the apparent turmoil engulfing the world’s financial markets especially the Euro currency,...

WHY I BELIEVE THE PROPOSED CBN ACT AMENDMENT IS GOOD FOR YOU AND I

  I have read with great interest the calls by various stakeholders for the National Assembly to STOP its plan to amend the Central Bank...

GUESS WHICH NIGERIAN BEER HAS THE HIGHEST VOLUME OF ALCOHOL?

  Alcoholic drinks in Nigeria are very popular and have for decades served as a profitable business for the likes of Guiness and Nigerian Breweries....

IS FIRST BANK’S “SAVE & EXCEL PROMO” WORKING ALREADY?

  On my way to work today, I heard a promo on the radio from First Bank giving bank depositors the chance to win prizes...

PRESIDENT GEJ’S DEMOCRACY DAY SPEECH ANALYZED BY THE NUMBERS

  President Goodluck Jonathan gave a speech on Democracy day which even though was self exalting I thought was impressive for once. However in his...

How Unilag can loose billions of Naira due to name change

      "If this business were split up, I would give you the land and bricks and mortar, and I would take the brands and trade...

IT’S OFFICIAL – GTB WAS THE MOST PROFITABLE BANK FOR 2011

  I know its 5 months into the financial year which some may consider late for figuring out which bank was the most profitable. However,...

Making Sense Of Economic Jargons – Common Man’s perspective

  As an Accountant and one who thinks he understands some of the financial nomenclatures/numbers that we are bombarded with on a daily basis I...

How At $104B, Facebook Is Worth 2.26 Times The Value Of All Quoted Stocks...

  At the close of trade today, the Nigerian Stock Exchange All Share Index had a market capitalization of N7,137,597,021,094.14 or $46,049,013,039.32 ($46b). That basically is the...

Just how much for a VIP?

Ok! I'm at this club in downtown Rhode Island for with my buddies. We were looking for where to sit and the guys here...

BANK CREDIT TO PRIVATE SECTOR UP N4TR???? PLS WHO IS BORROWING?

According to the Central Bank bank credit to the private sector was N14.206trillion in March 2012, over N4tr more than it was just a...

INFLATION RATE RISES TO 12.9% IN APRIL 2012

According to the Bureau of Statistics, the consumer price index which measures inflation rose 12.9% year on year for April 2012. This was 0.8%...

7 Wonders Of Doing Business In Nigeria

According to a recent report FDI's into Nigeria is expected to top $23b per year over the next five years. The Federal Government has...

Review of Ndi Okereke Onyuike’s apperance at the House of Rep Hearing on Capital...

It was fun today at the House of Rep hearing on Capital Market. The erstwhile DG of the Nigerian Stock Exchange Ndi Okereke Onyiike...

Why we consume so little Cooking Gas in Nigeria

  If you reside in Lagos and Ogun State and use cooking gas then you probably pay between N3,000 to N3500 for a 12.5Kg cylinder...

My take on Tiger Brand acquiring Dangote Flour Mills

Just learnt Tiger Brand, a South African Based company is in discussion with Dangote Group to acquire its much maligned food business, Dangote Flour....

Should the NHF be scrapped?

The National Housing Fund (NHF) was set up in 1992 via a decree to provide a source of funding for Nigerian employees to own...

Is Dangote Cement the Apple of Nigeria?

Just over 20 years ago the Nigerian corporate landscape was dominated by companies with strong foreign affiliations. Corporate Giants like Nestle, Guinness, Nigerian Breweries, Leventis,...

Is ABC Transport Company on a slippery slide to Financial Oblivion?

Five years ago, just after my wedding, my wife and I decided to spend our honeymoon in the Gold Coast popularly called Ghana. At...

YouWin, We Loose! Another waste of tax payers money?

Last week thursday the Federal Government announced winners of its flagship entrepreneur project, Youth Enterprise With Innovation in Nigeria (YouWin).  By most counts the project has been lauded...

Is it time to dump my investment in fast food companies?

In almost every street corner in Lagos and major cities in Nigeria, there is  fast food restaurant. From Mr Biggs to Sweet Sensation to...

Kanye West, Akon what do they all want?

Just yesterday news filtered in that Konvict Music, the label of RnB mogul Akon had partnered with EME to represent Wizkid internationally. EME as...

Can Alexa tell me which Nigerian Bank is the best in online banking?

With the introduction of the "Cashless" era in banking there is strong indication that more people will depend on online banking for their banking...

Why dumping the food business makes economic sense for Dangote

News filtered in a couple of days ago indicating that Dangote was planning to divest away from its food business and move into the...

Why do we pay so much for Chinese Food?

In the wake of the foreign airlines vs Firs Class Travellers ruse I found myself also wondering how many more foreign businesses are supposedly...

Why Nigerians May Never Have Self Made Millionaires Under The Age Of 18

You must have heard of?billionaires?like Mark Zuckerberg (28), Sean Parker (31yrs), Chase Coleman (36). They have changed the world we live in and have...

Mo’Hits Break up, why Don Jazzy Stands to loose…..for now!

Like anyone else who cared and loved Nigerian music the  Don Jazzy Tweet more or less confirming the end of his almost decade long...

Is this why Banky W gets a lot of juicy endorsements?

Back in February Coca Cola announced an endorsement deal with RnB crooner Banky W, selecting him as the face of soft drink Giants "Open...

Does anyone know how much NLNG Makes??

This year I have decided to begin a series of web logs that will give an insight into the corporate performance of some of...

How to monetize road traffic reports

Sometime in 2010, I decided I had had enough of Lagos traffic and decided I had to tackle it in my own way. After...