The Federal Government is set to auction fresh N100 billion bonds

The Federal Government has offered for subscriptions another N100 billion bonds. According to a circular made available to the public, the Debt Management Office (DMO) disclosed that it has been authorised to receive applications for the bonds subscription.

Nigeria’s crude oil output exceeds benchmark as daily production hit 2.323 million barrels

The Nigerian National Petroleum Corporation (NNPC) has disclosed that Nigeria's crude oil has exceeded the 2.3 million barrels per day benchmark as the average daily production hit 2.323 million barrels per day.

IFC says it is offloading its 14.1% equity stake in Ecobank Transnational

The International Finance Corporation (IFC) and its wholly-owned subsidiary, IFC Asset Management Company (AMC) have reached an agreement to divest their 14.1% stake in Ecobank Transnational Incorporated (ETI).

Again, Champion Breweries top gainers chart

This is a summary of how bullish sentiment on the @nsenigeria, caused the ASI to close negative on the second day of trading this week.

Financial Expert explains why CBN should be worried over Facebook’s Libra

Earlier today, Nairametrics reported that Facebook is working towards unveiling its digital currency come 2020. The cryptocurrency is called Libra.

FSDH explains why the Government should issue zero-coupon bonds

One of Nigeria’s leading Asset Management and financial advisory firms, FSDH Merchant Bank, has advised the Federal Government to issue zero-coupon bonds.

Facebook unveils Libra, a new global digital currency

The world's most dominant social networking company, Facebook, has announced that come 2020, it will be unveiling its own cryptocurrency known as Libra.

Press Releases

We Must Join Hands to Lift Our Young Ones from Poverty to Prosperity – Tony Elumelu 

Tony O. Elumelu, Founder Tony Elumelu Foundation and Chairman UBA Group and Heirs Holdings charged everyone to join hands to lift Nigeria’s youth from poverty to prosperity.

Rubies Bank – The Future is here

Rubies is a fully digital banking platform, offering zero fee banking targeted at millennials, young professionals, SMEs, quasi-financial institutions and FINTECH companies.

UBA’s Tony Elumelu receives Honorary Doctor of Business from Bayero University

Come June 15, 2019, successful Nigerian businessman and Chairman of United Bank for Africa, Tony Elumelu, would be conferred with an Honorary Doctor of Business by the Bayero University, Kano.

TD shines in far-away Mauritius, claims Philips Partner of the Year award

Technology Distributions (TD) was the cynosure of all eyes at the Philips Partners Conference where the company claimed the 2018 Partner of the Year Award.

Diamond Business Advantage: A financial product to help MSMEs attain full potential

Lack of credit facility has, for long, been a limiting factor for entrepreneurs in Nigeria. But that can be fixed with the Diamond Business Advantage proposition powered by Access Bank.

Outsource Global Extends Services to Silicon Valley, to Work with Business Reactors

Coming on the heels of its recent expansion to the UK and Japan, Outsource Global has announced its strategic working relationship with US-based information as a service firm, Business Reactor.

Latest Posts

The Federal Government is set to auction fresh N100 billion bonds

The Federal Government has offered for subscriptions another N100 billion bonds. According to a circular made available to the public, the Debt Management Office (DMO) disclosed that it has been authorised to receive applications for the bonds subscription.

Tribunal rules your voluntary pension contribution is tax deductible but…

Reports from KPMG indicates the Tax Appeal Tribunal has ruled that the Voluntary Pension Contribution “VPC” is tax deductible. This means those who contribute...

How to effectively respond to negative reviews about your business

Before we dive right into how to respond to negative reviews about your business, it is important to note that what you say and how you say it matters a lot.

Oil Prices jump after Trump provides updates on trade-war

Oil prices spiked on Tuesday, erasing earlier losses after the U.S President Donald Trump disclosed that he would meet with the Chinese President Xi Jinping at the G20 summit later this month.

Price Watch: Report suggests Nigerians paid less for kerosene, diesel, and gas in May

The Lastest report released by the National Bureau of Statistics (NBS) has shown that the average price per litre of Kerosene in Nigeria decreased to N315.91 in May 2019, down from N316.26 recorded in the month of April.

Nigeria’s crude oil output exceeds benchmark as daily production hit 2.323 million barrels

The Nigerian National Petroleum Corporation (NNPC) has disclosed that Nigeria's crude oil has exceeded the 2.3 million barrels per day benchmark as the average daily production hit 2.323 million barrels per day.

IFC says it is offloading its 14.1% equity stake in Ecobank Transnational

The International Finance Corporation (IFC) and its wholly-owned subsidiary, IFC Asset Management Company (AMC) have reached an agreement to divest their 14.1% stake in Ecobank Transnational Incorporated (ETI).

Apostle Suleman to start up an owned airline business in Nigeria

Apostle Suleman of Omega Fire Ministries has disclosed that he is about to start an airline business in Nigeria that will employ 3000 Nigerian youths.

Again, Champion Breweries top gainers chart

This is a summary of how bullish sentiment on the @nsenigeria, caused the ASI to close negative on the second day of trading this week.

NSE’s sanction weighs on Royal Exchange as company summons emergency board meeting

Royal Exchange PLC has summoned an emergency board meeting apparently in a bid to urgently resolve the issues leading to it being placed under caveat by the Nigerian Stock Exchange (NSE) during the weekend.

Airbus unveils world’s longest single-aisle airliner; the Airbus321XLR

Aircraft manufacturer, Airbus, has unveiled the design for the Airbus321XLR, the world’s longest-range single-aisle airliner. 

Price Watch: Consumers paid less for Petrol as prices drop in May

The average pump price of premium motor spirit (popularly known as Petrol) decreased by 0.4% in May 2019. This is revealed in the latest Petrol price watch data released by the @nigerianstat

NSE opens the week negatively as Royal Exchange leads worst performers

The Nigerian Stock Exchange ended Monday's trading session in negative territory. The All Share Index closed at 29,938.33 basis points, down 0.37%. Year to date,...

See some insurance covers you should have as a business owner

Unforeseen circumstances that occur anytime when it comes to running a business. However, with the right insurance covers, you can scale through such times without tears.

Does one’s fat salary automatically guarantee wealth?

We often determine how wealthy a person is by taking a look at what he earns and how he lives. However, as the saying goes, looks can sometimes be deceptive. So what does wealth accumulation entail? And what does it require? Let us find out.

What NSIA’s FY 2018 results has taught us about investment strategy

Not too long ago, the Nigeria Sovereign Investment Authority (NSIA), announced its results for the 2018 financial year.

Businessman makes a strong case against equity investment

Nigerian entrepreneur and business leader, Dr. Tayo Oyedeji, recently made a strong case against equity investment. According to him, not only are stocks riskier to invest in, good returns on investment cannot always be guaranteed compared to other diversified forms of investments.

How regulatory changes and tempered yield environment impacted Stanbic IBTC’s earnings

Stanbic IBTC grew its revenue by 2.27% to NGN58.69bn, supported by the 5.47% growth in interest income while non-interest income remained relatively flat at N27.00 billion.

MTN Nigeria gets a wildcard entry in this week’s watchlist

@MTNNG leads this week's watchlist due to record demand for the stock by investors, following its listing.

MTN’s listing by introduction: Should you buy, sell or wait and see?

MTN Nigeria has listed its shares on the Nigerian Stock market (NSE) as the telco-giant received regulatory approval from SEC and NSE to list 20.3bn units of shares at a price of N90 per share.

INSIGHT: Why you really should consider investing in mutual fund today

A Mutual Fund is a Trust or Company that pools money from many investors and invests in a specified class of securities such as stocks, bonds, real estate or a balanced mix of asset classes.

A Quiet Trading Session as Primary Market T-Bills Auction Takes Centre Stage

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.

Daily updates on bonds, treasury bills, forex, and oil price

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.

Market/Economic Insight (Monday June 3rd to Friday June 7th 2019)

The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) trending downward by 2.05% WTD to close at an index level of 30,432.13 and Market capitalization of N13.40 trillion.
GTBank mobile app

How to effectively respond to negative reviews about your business

Before we dive right into how to respond to negative reviews about your business, it is important to note that what you say and how you say it matters a lot.

Should Gokada and Max.ng be afraid of ORide?

ORide is fast penetrating the market by leveraging on the N100 bonus offer to any destination of any distance within Lagos. This move has attracted the competitors’ customers, at least if not for anything, till the promo offer ends. 

SMEs are suffering due to Nigeria’s epileptic power supply – MAN

The Manufacturers Association of Nigeria (MAN) has spoken out against the hardship Nigerian businesses (especially Small and Medium Scale Enterprises) are going through in recent times as a result of epileptic power supply.

Nigeria to benefit from AfDB’s 3.2 million Swiss francs

Nigeria is among the countries that will benefit from the 3.2 million Swiss francs that was recently donated to the African Development Bank (AfDB) by the State Secretariat for Economic Affairs of the Government of the Swiss Confederation (SECO).

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...

#CorporateStories: Tiger Brands’ misadventure into Dangote Flourmills

This is a short account of the activities that underpinned Dangote Flour Mills’ remarkable 288% share price rally in 2016. The precursor to this,...
bua cement

Corporate Profiles

M.K.O Abiola: From bank clerk to multi-millionaire CEO and national icon

The Abiola story is a tale of conviction, determination and demonstration of sagacity— how a young man who entered into business at the tender age of nine (selling firewood to neighbours) went on to study accounting, graduated with a first class degree and built a fortune worth millions of dollars doing business. #DemocracyDay

A Look back at Jay Z’s Road to Billionaire Status

Rappers have always been "singers" of truth. Little wonder when Jay-Z rapped in one of his songs that "I'm not a businessman, I'm a business, man", one could not but believe it.

Profiles of Nigeria’s 12 first-time Governors and their states’ recent IGRs

we are focusing on all the first time state governors and their states' Internally Generated revenue (IGR) figures. Will these men be able to manage the affairs of these states? Well, we will find out in the course of the next four years.

Segun Agbaje: The award-winning CEO building a great African institution through digital transformation

When is a bank not a bank? That is a question Segun Agbaje, the multiple award-winning CEO and Managing Director of Nigeria’s Guaranty Trust Bank (GTBank) has been getting to grips with as he forges a new path for banking in Africa.

BHH: How do you spend $5.3 million? Gokada’s Co-CEO spills the beans

Business Half Hour (BHH Podcast) is a weekly podcast targeted at Startups and Entrepreneurs who are redefining the Nigerian business scene through innovation.

BHH: Utieyin of Redhanded has built a database of employment history of domestic workers

On this episode, Bukola and Taiwo had Co-founder of Redhanded discuss the solution to catalog the employment history of domestic workers.

BHH Podcast: Peace Obule has advice for entrepreneurs with dreams of venturing into Fintech

On this episode of the #BHHPodcast, Bukola and @Taioyewole had StrateCore Dynamics' @peaceobule gives tips on venturing into the world of fintech.

EMM Podcast: Ugodre analyses the “Uber-for-portable-toilets” business idea

On this episode of the #EMMPodcast, @Ugodre explains the "Uber-for-portable-toilets" business idea, where can one invest N1 million, and borrowing from Microfinance banks.