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...


Fitch gives Emfiele’s signature FX Policy pass mark

After so much criticism for its forex policies from international analysts, the Central Bank of Nigeria has finally received...




Dangote Cement factory in Congo to begin operations in July 2017

Nigeria’s richest man, Aliko Dangote has continued with the expansion of Dangote Cement across the continent. The company’s 1.5...




Whistle blowers earn N634 million out of N11.6 billion recoveries

The Federal Government has recovered N11.6 billion through the efforts of 20 whistle blowers. Director of Information, in the Ministry of...


Akwa-Ibom State “Instructs” traders to reduce food prices

Worried by the high cost of food items in the state, the Akwa-Ibom state government has instructed traders to bring down...


Nigerian Stocks 7/6/2017 – Forte Oil Breaks Past N50

Daily performance of the Nigerian Stock Exchange for the trading day ended 7th June 2017. Nigerian stocks closed trading...


The many flaws of the proposed ICT university?

Minister of Communications, Adebayo Shittu on Wednesday inaugurated a 20 man committee on the establishment of an ICT university. As noble...


All the major economic news from Nigeria in 5 minutes – 07/6/2017

Summary of the top business, economic and political news in Nigeria today.   The Chairman, Federal Inland Revenue Service,...



For Ease of doing business, NPA’s new charge is anti business

Barely a few weeks after Acting President Yemi Osinbanjo signed three executive orders to facilitate the ease of doing...


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...


SEC clean-up may result in revocation of hundreds of licenses

In its continued effort to clean up the securities market, the Securities Exchange Commission (SEC) has reminded capital market...



The latest on the Investigative Hearing on the abuse of Pioneer Status

A committee at the National Assembly is currently investigating possible cases of an abuse of Pioneer Status granted to...


All the major economic news from Nigeria in 5 minutes – 06/6/2017

Summary of the top business, economic and political news in Nigeria today.   Nigeria’s President Muhammadu Buhari is expected...


It’s over!! 9 day rally gives way to profit taking in the Nigerian Stock Exchange

On Business Express today, the popular radio show on Smooth 98.1FM in Lagos, Rotus, the show host asked his...


What you are likely to find in a personal loan term sheet from a Nigerian Bank

Getting a loan in Nigeria typically requires a few steps, especially if you are credit worthy. For prior borrowers and...


Only 200,000 people pay taxes in Anambra State

Executive Chairman of the Anambra State Internal Revenue Service (AIRS) Mr Achike Emejulu recently said only 200,000 people pay...


What OAS helicopters stands to gain by partnering Abu Dhabi Aviation

After a two year period of discussions, OAS helicopters has finally signed a partnership agreement with Abu Dhabi Aviation...



On PIGB, Kachukwu says bill is “impressive”

The Minister for State for Petroleum, Dr Ibe Kachikwu has tweeted his support for the recently passed Petroluem Industry...


Are you investing? FGN Savings Bond sale for June is here (see details)

Please find attached June 2017 FGN Savings Bond Offer Circular as published by the Debt Management Office (DMO). Summary of June...


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)...


4 common reasons why startups fail in Nigeria

Startups in Nigeria have to fight against so many harsh economic factors that one would be right to conclude...