LDR: Growing the real sector by fiat? Part 1

The CBN recently mandated Commercial Banks in the country to maintain a minimum Loan to Deposit Ratio (LDR) of 60% by 30th September 2019.

PwC proposes possible solutions to the biggest problem facing Nigeria’s electricity sector

Anyone living in Nigeria can testify that insufficient electricity production/distribution is the biggest infrastructural challenge facing the country.

Things to consider when investing in shares (Part 2)

Things to consider when investing in shares (Part 2)

Budget 2020: Oil workers to earn N75 billion

The salaries and allowances workers of the Ministry of Petroleum Resources and four other parastatals will earn in 2020 is N74.65 billion.

AIICO increases authorised share capital to N18 billion 

AIICO Insurance Plc has received shareholders’ approval to increase its authorized share capital from N10 billion to N18 billion.

NSE refunds capital market fraud victims 

The Nigerian Stock Exchange (NSE) disclosed that it recovered the sum of 70 million from capital market fraud in 2018.

Nigeria’s Inflation rose to 11.24% in September 2019

Nigeria’s consumer price index, which measures inflation increased to 11.24% in September 2019. This was revealed in the latest inflation report released by [@nigerianstat]


Press Releases

Access Bank hits over N1 billion in digital lending daily

Access Bank’s expanded digital lending portfolio has hit a record N1billion daily in loan value.

Transcorp Hotels fulfills post-privatisation obligations

The National Council on Privatisation (NCP) at its meeting today, presented Transcorp Hotels Plc with a Certificate of Discharge.

FirstBank Georgian Cup hits the centenary mark, a possible world record In sports sponsorship 

First Bank of Nigeria Limited has announced its sponsorship of the Georgian Cup of the Kaduna Polo Tournament for the 100th consecutive year.

DMO Lists Series II FGN ₦15bn 7-Year Green Bond on NSE

The NSE (“NSE or The Exchange”) is pleased to announce the listing of the Federal Government of Nigerian (FGN) N15 billion Green Bond.

Jobberman launches ‘Best Match’ product to get employers the right candidates, faster

Jobberman has introduced a new product called ‘Best Match’.

Banjo Adegbohungbe appointed Deputy Managing Director, Coronation Merchant Bank

The Board of Directors of Coronation Merchant Bank limited has announced the appointment of Banjo Adegbohungbe as the Deputy MD of the bank.

Latest Posts

The Economics of the Girl Child

The economic situation we find ourselves today is dire. Unemployment is ramping up as about 3 million people have lost their jobs.

Border Closure: Ghana begs Nigeria to open its borders

The Republic Ghana has moved to beg Nigeria to re-open its borders through its Foreign Minister and Regional Integration, Shirley Ayorkor Botchwey.

Inflation quickens to four-month high of 11.24% on food, utilities

Official data released by the National Bureau of Statistics (NBS), consumer inflation quickened to a four-month high of 11.24% y/y

Nigeria borrows N754 billion in 3-month, total debt now N25.7 trillion  

Nigeria’s total debt stock rose to N27.7 trillion (US$83.8 billion) as of the end of June 2019.

LDR: Growing the real sector by fiat? Part 1

The CBN recently mandated Commercial Banks in the country to maintain a minimum Loan to Deposit Ratio (LDR) of 60% by 30th September 2019.

PwC proposes possible solutions to the biggest problem facing Nigeria’s electricity sector

Anyone living in Nigeria can testify that insufficient electricity production/distribution is the biggest infrastructural challenge facing the country.

FG moves to clamp down on tax evaders in mining sector 

Federal Government has reiterated its commitment to clamp down on tax evaders and revenue leakages in the mining sector

NAICOM boss cautions boards against interference in management activities 

The acting commissioner of NAICOM, Sunday Thomas has advised Boards of Directors of insurance firms to ensure sound management of the companies without interfering in management decisions. 

NIGERIA: Daily Parallel Market Exchange Rate (October 16th 2019)

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

Things to consider when investing in shares (Part 2)

Things to consider when investing in shares (Part 2)

Budget 2020: Oil workers to earn N75 billion

The salaries and allowances workers of the Ministry of Petroleum Resources and four other parastatals will earn in 2020 is N74.65 billion.

AIICO increases authorised share capital to N18 billion 

AIICO Insurance Plc has received shareholders’ approval to increase its authorized share capital from N10 billion to N18 billion.

Things to consider when investing in shares (Part 2)

Things to consider when investing in shares (Part 2)

Trade is not for white-collar folks 

Ugochukwu Obi-Chukwu (@Ugodre) shared a rather hilarious but sad experience he once had some time ago when he decided to dabble into trade.

CBN channels financial inclusion drive on women, MSMEs, others

CBN has announced that more attention will be given to women, MSMEs, and the northern part of the country to achieve 20% financial exclusion target by 2020.

Millennial shares financial management strategies you should adopt 

In Nigeria, a growing number of young adults are beginning to take the issue of financial planning very seriously.

Top 10 Stockbroking firms on the NSE in Q3 2019 

The top ten (10) stockbroking firms on NSE recorded the largest values and volumes of stocks traded in the last three month.

One of Nigeria’s oldest publishing houses is worth less than a million dollars 

It may surprise you to know that Academy Press Plc, which is one of the oldest and “biggest” publishing houses in the country, is currently valued at less than a million dollars. 

Stock Market: 52.5% of firms failed to pay dividend in 2019 

Eighty-seven, out of the 170 quoted companies on the Nigerian Stock Exchange failed to pay dividends to their shareholders in 2019.

With $1 million, a delivery startup could acquire Trans-Nationwide Express Plc 

It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.


Understanding Optional Dividends

An optional dividend is a dividend where shareholders have the ability to choose between two or more forms of payment.

Here’s How To Determine Your Net Worth

Here's How To Determine Your Net Worth

Relationship talks: Money questions you must ask

Money questions you must ask in relationship talks

A guide to how Mutual Funds work in Nigeria

A guide to how Mutual Funds work in Nigeria
Deal book 728 x 90

Nigerian fintech firm, Lidya to invest $1.1billion in Czech, Poland

In a bid to continue expanding its services into the international market, Nigerian Fintech firm, Lidya has launched in Poland and Czech Republic.

Border closure affecting revenue and Nigeria is not food sufficient  –  So Fresh co-founder, Olagoke Balogun 

The border closure by President Muhammadu Buhari is gradually affecting small and medium businesses in Nigeria.

BoI’s MD complains that SMEs don’t repay loans, Nigerians react 

The MD of Nigeria’s BoI, Kayode Pitan, was recently quoted as saying that it is very challenging to get repayment on loans issued to SMEs.

Financing for Small Business

A small business is “small” with limited capitalization and fewer options to raise cash to finance operations.

A bitter family feud has continued to hamper this company’s growth

Sometime in early 2012, a wealthy, sophisticated, and beautiful middle-aged Nigerian businesswoman walked into a Lagos courtroom to testify before a judge.

Cement Wars: The battle for Cement dominance between Ibeto vs Dangote

A story of the battle for Cement dominance in Africa's largest economy, Nigeria.

Corporate Story: The rise and fall of HiTV

In this latest installment of Corporate Stories, we are going to tell the story of a young man, who dared to take on a...

Corporate Stories: The back story behind the UBA & STB Merger

In this month's episode, we tell the story of how one of the biggest deals in Nigeria's corporate history was executed with the heart...

Corporate Profiles

APC is “locked inside Buhari’s intellectual prison” – Feyi Faweyinmi

On Friday, October 11, Nairametrics had an interesting tweet chat with Feyi Faweyinmi, a young Nigerian accountant and finance professional.

Austin Okere talks about fire incident at CWG Plc and other issues

On Wednesday, the day right after Nigeria’s 59tth Independence Day anniversary, Nairametrics interviewed Austin Okere.

Expatriates are leading some of Nigeria’s biggest companies 

In Nigeria, foreign workers, who like to be called expatriates, live in the choicest areas and often times, lead some of the biggest firms.

Meet the woman winning in a male-dominated paint market 

Omolara Elemide was recently appointed as the Acting Chief Executive Officer of CAP Plc, the paint manufacturing subsidiary of Nigerian conglomerate, UAC of Nigeria Plc.

BHH Podcast: Is An MBA Really Important to Business or Career Growth?

On this episode of the BHH Podcast, Bukola and Taiwo had Onyekachi Eke Director for international development IE University(Spain) discuss the relevance of MBA to startups.

Podcast: Buy, sell or hold? Guinness, International Breweries, Nigeria Breweries

Podcast: Buy, sell or hold? Guinness, International Breweries, Nigeria Breweries

EMM Podcast: Why are Nigerian tailors so expensive?

On this episode of the EMM Podcast, Ugodre delved into a number of conflicting personal finance questions and issues making round in the economy.

BHH Podcast: Pharmacist speaks on the tools you need to track your health status

On this episode of the BHH Podcast, Bukola and Taiwo had the CEO of @FitnessFairNG discuss how paying attention to your health can save you a lot of money.