CATEGORY: FEATURED

NIGERIA: Daily Parallel Market Exchange Rate (June 23, 2017)

Parallel market exchange rate between the Naira and three of the world's major...


5 post retirement ideas you should share with your parents

It’s about that time when your folks have to readjust to a new phase in life- retirement. After several...


How Diaspora Bonds Work

Nigeria’s Finance Minister, Kemi Adeosun recently revealed the Federal Governments (FG) plans to launch a $300 million diaspora bond...



Difference between FGN Savings and Treasury Bills

Before now the retail investors in Nigeria who wanted to invest in risk free short-term dated interested yielding securities...


Cryptocurrency: 6 risks you need to know about

If you have investing about N1 million in bitcoins in January this year, chances are that the investing will...


This proves Mike Adenuga is now the largest shareholder in Julius Berger

Nairametrics investigations suggest billionaire investor and owner of Globacom, Mike Adenuga is now the single largest majority shareholder in...



These states have the highest inflation rate in Nigeria

The National Bureau of Statistics reported earlier in the week that the inflation rate for May was 16.25%. This...


Household Food Survey: Oval shaped Tomato prices sky rocket (10/6/2017)

Data from Nairametrics bi-weekly household food tracker shows food prices within Lagos rose by 1.1% at the end of...


How Safricom’s MPesa plans to enter Nigerian market

Kenyan telecoms giant, Safricom is considering the various options to bring its popular mobile money product to other countries...


YUGE: PwC report forecast Nigeria will be fastest growing Entertainment & Media Market in the World

The most rapid growth rates in E&M revenues over the coming five years will be in less-developed markets and...


Nigerian banks rake in N132.4 billion from E-business Income in 2016

Data from annual report of some top commercial banks in Nigeria reveal they made a combined sum of N132.4 billion...


Why Forte Oil wants to raise N20 billion from the equity market

One of the top 5 major petroleum marketers, Forte oil has unveiled plans to raise N20 billion in equity...


Investors express disdain over NIPCO/Mobil MTO cut-off date

New owners of Mobil Oil Nigeria Ltd, NIPCO Ltd, launched a Mandatory Take Over Bid for the shares of...


Reports suggest Ethiopia Air may soon run Arik

Reports from Nigeria’s local newspaper, Thisday suggest Ethiopian Airlines is in advanced negotiations with the Asset Management Company of...


All the major economic news from Nigeria in 5 minutes – 09/6/2017

Summary of the top business, economic and political news in Nigeria today. Despite the economic recession, which led to...


Nigerian Stocks 9/6/2017: Forte Oil gains 36% in three days

Daily performance of the Nigerian Stock Exchange for the trading day ended 9th June 2017. Nigerian stocks closed trading...


Labour Productivity shows Nigerians work more earn less

The National Bureau of Statistics has released its 2016 FY Labour Force and Productivity data showing Nigerians labour productivity...



Rumoured Globacom acquisition of Etisalat could be the new norm for telcos

Unconfirmed reports suggest Globacom Chairman Mike Adenuga may be interested in acquiring Etisalat Nigeria. Etisalat is currently in negotiations...


MCSI Index re-balancing could inject steroids into an already charged Nigerian stock market

Rebalancing  of the Morgan Stanley emerging market index could have a positive effect on the Nigerian Stock Exchange (NSE)...


#PMBMid-term: 3.5 million join unemployed Nigerians during Buhari administration

The effects of the recession were once again brought to the fore as the National Bureau of Statistics (NBS)...




Household food survey: Ijebu Garri prices spike by 45% in two weeks

Bi-weekly prices of household food items in Lagos State....


MTN’s proposed acquisition of Multichoice Africa is deal and a half

Even though both parties are yet to issue a formal statement, sources close to South Africa based MTN communications...


An independent assessment of Nigeria’s Ease of Doing Business activities by @yomitheprof

On campus students have several strategies for academic success. For subjects that are easy to read, understand and pass,...



#PMBMidterm: How we scored Buhari administration on handling of the economy

May 29, 2017 marks two years since President Buhari assumed power as the leader of the world’s most populous...


Lagos State Government uses technology to be more efficient at tax collection

Lagos state consistently ranks the highest amongst the states in terms of the IGR it generates, so it is...