CATEGORY: ANALYSIS

Naira nose dives to N226 at black market

The naira traded at about N226 to the dollar on the parallel market on Monday, down 2.7 percent since...


Widening Gap Between Interbank, BDC Rates: Forex Dealers Express Concern

Foreign Exchange dealers have expressed concern over the widening gap between the interbank and the Bureau de Change rates which...


Why these Mortgage companies could win when the NMRC finally kicks off

With the NMRC coming to market to kick-start its refinancing scheme, most participating mortgage banks could be potential winners,...



[BEGINNING OF CLEAN UP] President Buhari Sacks NNPC Board

President Muhammadu Buhari has dissolved the board of the Nigerian National Petroleum Corporation (NNPC). In a statement signed by...


Forex Rule: Experts Predict Further Naira Collapse

The Central Bank of Nigeria’s decision to stop foreign exchange sales to importers of 40 items on Tuesday is...


The 10 major business stories Trending in Nigeria Right Now

Here are the top 10 trending stories in Nigeria for the week in case you’ve missed it; Controversy in...


Dollars Scarcity Bites Banks

There is great pressure within the Banks to meet customers’ foreign exchange (forex) demand amid scarcity of the dollar...


First Bank CEO Calls For Devaluation On The Naira

Managing Director and Chief Executive Officer of First Bank of Nigeria Limited, Mr. Bisi Onasanya, has disclosed that Nigeria...


The Emperor has a stern message for those who criticized the ‘import ban’

The CBN on Tuesday issued a new circular listing about 41 items that have now being banned from the FX...


[OPINION] Why Buhari shouldn’t sell Nigeria’s stake in JVs

Key points   Firstly, I do not support the sale of our stakes in the Joint Ventures. I prefer...


CBN Releases 41 List of Imported Items Not Valid For Foreign Exchange In Nigeria

The Central Bank has issued a new circular informing banning a list of 41 imported goods and services from...


[ANALYSIS] The Evolution of C&I Leasing

The Nigerian corporate landscape has clearly not been known for brand repositioning stories with more companies just content to...


[EXPOSE] Anonymous ‘Sauces’ Explain The N7trn Deficit

“Weapon no be groundnut, but deficit fit turn to debt” – Goodluck The Jonathan, First of His Name Preamble...


[ANALYSIS] Nestle’ job cuts signals bigger problems for Nigerian FMCG firms

Nestle’ cutting their workers is signalling bigger problems as lower spending, foreign exchange risk and security challenges continues hold...


[ANALYSIS] Did Okomu Oil sell investors a dummy?

One of the most memorable dribbles in last season’s Champions League was the dummy Lionel Messi sold to Jerome...


Nigeria missing out on African renewable energy boom

There is a new renewable energy boom sweeping across Africa and Nigeria is not actively participating in it despite...


See how many hours you need to work to afford a bottle of beer!

I was out recently with some friends in a night club in down town Ikeja. It was a boys...


[LESSON FROM CHINA] What If Mr. Wang of The CCDI Comes For Your Daddy?

Mr. Wang Qishan is a member of China’s seven man Politburo Standing Committee – sort of their equivalent of...


[ANALYSIS] 21m units in 5 days, Is NASCON about to raise equity?

About 10 million units of Nascon crossed hands Friday in an unusual single day volume trade for the stock. This...


Devaluation? CBN calls emergency meeting with Bank CEOs

Reuters reports the Nigeria’s central bank has called a meeting with chief executives and treasurers of commercial lenders on...


[ANALYSIS] Nigerian Tech & E-Commerce valuations soar higher than ever

Technology and E-Commerce firms operating in Nigeria are seeing valuations soar as investors take positions ahead of them becoming...


[ANALYSIS] Why Dangote Cement should be on your watch list

Market players looking at a trade may well start putting Dangote Cement on their radar. The largest stock in...


This is how the football transfer market really works

Football is a billion pound sport and the transfer market is a key ingredient to that. The transfer market...


[Analysis] Why is Red Star a ‘hot cake’?

The Board of Red Star Express are set to meet June 25 to approve the company’s result and perhaps...


[ANALYSIS] Making sense of Oando’s levered balance sheet

Investors have often pondered why most finance journalist and analysts weren’t able to forewarn the public on the impending...


[Analysis] Is El Niño a threat to Presco and Okomu Oil?

While there has been legitimately founded fears on the impact of this year’s El Niño, the persistence of lingering...


[ANALYSIS] Why Buhari has a limited time to borrow cheap

If you are a cash strapped oil producer like Nigeria and struggling with short term liabilities to the tune...


[ANALYSIS] BP report reveals 3 bearish trends for Nigeria

BP released the 64th edition of the Statistical Review of World Energy on Wednesday June 10th 2015. The 2015...


[Analysis] FBN Holdings: Perpetual underachiever

If you were a pig (bulls make money: bears make money: pigs get slaughtered) and you bought and held...


Why the impending new One Kobo rule could lead to a period of price re-discovery

In what was considered a step towards standardizing the Nigerian equities market and its primary stock exchange, the 50...