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...


Official: Treasury Bills Calendar For 2017 (Q1-Q3)

Nairametrics| The Central Bank of Nigeria has released its 2017 first & second quarter Treasury Bills Issuance Calendar. See...



5 key points Osinbanjo’s 2017 budget signing speech.

Acting President Professor Yemi Osinbanjo yesterday signed the 20117 budget into law. This was after President Muhammadu Buhari had...


This data shows Lagos State is crime capital of Nigeria

The National Bureau of Statistics released its 2016 National Crime Statistics report showing that about 125, 790 crime cases...


All the major economic news from Nigeria in 5 minutes – 13/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Central Bank of Nigeria (CBN)...


Nigerian Stocks 13/6/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 13th June 2017. Nigerian stocks closed trading...


Why EFG Hermes wants to operate in Nigeria        

As part of its expansion plans, EFG Hermes, an Egyptian investment bank is considering acquiring a firm in Nigeria....


2017 Budget Signed: Full Text of Osinbajo budget signing speech 

Acting President, Professor Yemi Osinbajo signed the 2017 Appropriation Bill on Monday June 12, 2017. The long awaited bill...


All the major economic news from Nigeria in 5 minutes – 12/6/2017

Summary of the top business, economic and political news in Nigeria today   Acting president, Yemi Osinbajo has signed...


Nigerian Stocks 12/6/2017: Stocks close lower as Ashaka Cement Pops

Daily performance of the Nigerian Stock Exchange for the trading day ended 12th June 2017. Nigerian stocks closed trading...


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...


The FAAN-Air Peace drama explains why foreign investors are still on the run

Late last week, an Air Peace flight scheduled to take off at from the Akanu Ibiam International Airport, Enugu...



Shareholders want to take Arik back as plans to settle its N160 billion debt is underway

Shareholders of Arik Air seem to be planning a revival of the company’s fortunes as they seek to regain...



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...


FG releases N516.4 billion as second tranche of Paris Club refunds

State governors owing salaries and pensions may have cause to smile as the Federal Government has released N516.38 billion...


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...


30% of Nigeria’s forex was spent on fuel importation in 2016

The Central Bank of Nigeria (CBN) spent 30% of the country’s​ foreign exchange earnings on importing petroleum products in...




All the major economic news from Nigeria in 5 minutes – 08/6/2017

Summary of the top business, economic and political news in Nigeria today.   Nigeria’s manufacturers, airlines, fuel importers and...


N701b Intervention: The 10 GenCos that have received N12 billion from NBET

The Nigerian Bulk Electricity Trader (NBET) has confirmed payment of about N12 billion to 10 power generation companies in...


Nigerian Stocks 8/6/2017: Seplat Pops 10%

Daily performance of the Nigerian Stock Exchange for the trading day ended 8th June 2017. Nigerian stocks closed trading...


Lafarge Africa to run its plants on renewable energy within 5 years

Nigeria’s second largest cement producer, Lafarge Africa is making efforts to run its plants on renewable energy in the...