TOP STORIES

NSE opens in the red as Access Bank denies rumours

The Nigerian Stock Exchange began today’s trading on a negative note.

Tracker: Nigeria’s External Reserve now at $41.7billion as at 8th November 2018

Nigeria's External Reserve was $41,756,643,938 as at November 8th, 2018.

Nigerian Stock Market Gainers and Losers (Updated 11/12/2018)

Nigerian stocks closed trading on a negative note as the all share index dropped by 0.18%.

“I am not a politician”, Fiery Emefiele rebukes critics at CFA Summit

Godwin Emefiele fired shots at critics of the apex bank’s policies at the second Nigeria Investment Conference.

Usual suspects top this week’s watch list

Stocks to watch this week comprises the top gainers and losers from the previous week.

RED ALERT: Technically insolvent Unity Bank has a N242 billion hole 

Unity Bank Plc recently released a backlog of financial statements dating to the full year ended December 2017.

NM Partners

Access Bank provides discounted financing to women-in-business

Access Bank Plc through the W Initiative has further deepened its relationship with female entrepreneurs in Nigeria.

Diamond Bank: The Silver Lining for Financial Inclusion in Nigeria

Two key factors which separates the rich from the poor are the decisions they make about finance and access to credit.

Sahara Power Group partners with South Sudan for power sector development

In keeping with its vision to 'Light up Africa', Sahara Power Group (SPG) has signed a Memorandum of Understanding (MoU) with the South Sudanese Ministry of Energy & Dams to develop the country’s power sector in the generation, transmission and distribution spaces.

Special focus on Nigeria’s outstanding professionals: Nonso Okpala, GMD/CEO, VFD Group

create a niche for VFD Group in the corporate world. Nonso Okpala’s experience and intelligence has driven his entrepreneurial passion into national reckoning

FirstBank MD launches FirstBank Chat Banking

Welcome Address by Dr Adesola Adeduntan, Managing Director/CEO, First Bank of Nigeria Limited & Subsidiaries at the Launch of FirstBank Chat Banking.

We have not received any offer from investors to inject cash- Diamond Bank

The Board of Diamond Bank Plc (Diamond Bank or the Company) notes the media speculation relating to comments attributed to its former Chairman, Mr Oluseyi Bickersteth.

NSE opens in the red as Access Bank denies rumours

The Nigerian Stock Exchange began today’s trading on a negative note.

Nigerian Stock Market Gainers and Losers (Updated 11/12/2018)

Nigerian stocks closed trading on a negative note as the all share index dropped by 0.18%.

Market/economic insight: the weekly brief ( November 5th – 9th 2018)

The performance of the Nigerian Equity Market returned bullish last week with the index (NSE ASI) up by 0.23% WTD to close at an index level of 32,200.21 and Market capitalization of N11.76 trillion.

Usual suspects top this week’s watch list

Stocks to watch this week comprises the top gainers and losers from the previous week.

RED ALERT: Technically insolvent Unity Bank has a N242 billion hole 

Unity Bank Plc recently released a backlog of financial statements dating to the full year ended December 2017.

FirstBank Chat Banking, most secured WhatsApp banking channel in Nigeria

With the Chat Banking, customers can check account balance, transfer money, purchase airtime...

Access Bank provides discounted financing to women-in-business

Access Bank Plc through the W Initiative has further deepened its relationship with female entrepreneurs in Nigeria.

Diamond Bank: The Silver Lining for Financial Inclusion in Nigeria

Two key factors which separates the rich from the poor are the decisions they make about finance and access to credit.

NCC approves new owner for 9mobile

The Nigerian Communications Commission (NCC) has approved the transfer of 9 mobile to new investor, Investment Holding Company, Teleology Holdings Limited. According to Reuters the...

FALSE: Diamond Bank denies rumoured acquisition talks

Diamond Bank Plc, in a notice, sent to the Nigerian Stock Exchange (NSE) has refuted rumours, the lender is in discussions with Access Bank...

Sahara Power Group partners with South Sudan for power sector development

In keeping with its vision to 'Light up Africa', Sahara Power Group (SPG) has signed a Memorandum of Understanding (MoU) with the South Sudanese Ministry of Energy & Dams to develop the country’s power sector in the generation, transmission and distribution spaces.

Latest Posts

Access Bank provides discounted financing to women-in-business

Access Bank Plc through the W Initiative has further deepened its relationship with female entrepreneurs in Nigeria.

Diamond Bank: The Silver Lining for Financial Inclusion in Nigeria

Two key factors which separates the rich from the poor are the decisions they make about finance and access to credit.

NCC approves new owner for 9mobile

The Nigerian Communications Commission (NCC) has approved the transfer of 9 mobile to new investor, Investment Holding Company, Teleology Holdings Limited. According to Reuters the...

Unity Bank maintains recapitalization plans are on course

Unity Bank Plc, in a press release in response to a story by Nairametrics, has maintained it was on course with its recapitalization plans. According...

How to Invest

Market/economic insight: the weekly brief ( November 5th – 9th 2018)

The performance of the Nigerian Equity Market returned bullish last week with the index (NSE ASI) up by 0.23% WTD to close at an index level of 32,200.21 and Market capitalization of N11.76 trillion.

Eurobonds in Nigeria: What they are and how to invest in them

eurobonds are bonds that are denominated in a currency other than that of the issuer.

How I Would Invest My Mother’s Retirement Funds

After weighing all the pros and cons, this is how I have decided to invest her money.

How To Cut Your Losses in a Bearish Market

Consult an investment advisor or broker before taking investment decisions.

STOCK IDEAS

Market/economic insight: the weekly brief ( November 5th – 9th 2018)

The performance of the Nigerian Equity Market returned bullish last week with the index (NSE ASI) up by 0.23% WTD to close at an index level of 32,200.21 and Market capitalization of N11.76 trillion.

Buy/Sell/Hold: Why you should HOLD FBN Holdings stocks

Stocks on our Buy/Sell/Hold list are drawn from the top losers and gainers of the prior week.

Fewer nuts to crack this year for Presco

The company’s activities include the cultivation of oil palm as well as the extraction

Have these banks on your watchlist this week

Stocks to watch comprises the top gainers and losers from the previous week.

Mutual Funds

September mutual fund performance ranking

The Nigerian stock market continued its lacklustre performance in September by recording a month to date, MTD, negative performance of 6.05% to bring its Year to date, YTD, performance to minus 14.39%.

Pension fund multi fund structure performance

There is no doubt that the multi fund structure has begun with the right foot forward.

RSA and retiree pension fund ranking for August 2018

Among the RSA funds the highest positive return for the month was recoded by Veritas Glanvills RSA Pension.

‘Best and worst’ performing mutual funds in August

The selection is based on analysis conducted by Quantitative Financial Analytics.

Financial Literacy

PenCom releases guidelines on voluntary contribution under the contributory pension scheme

The National Pension Commission (PenCom) recently released guidelines (the Guidelines) to provide clarity on voluntary contributions (VCs) under the Contributory Pension Scheme (CPS).

Understanding dirty vs clean price in bond investing

Most Nigerian bonds quoted on FMDQ website are priced or quoted clean.

Understanding stock trading orders

Stock investing is so different from going to the market to buy groceries or electronics.

Why do I need an insurance

5 years ago, one Saturday morning, I climbed a 27 feet ladder to clean the gutters on the roof of our house after the...

Corporate Stories

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,...

Corporate Profiles

Special focus on Nigeria’s outstanding professionals: Nonso Okpala, GMD/CEO, VFD Group

create a niche for VFD Group in the corporate world. Nonso Okpala’s experience and intelligence has driven his entrepreneurial passion into national reckoning

Tara Fela Durotoye, selling the dreams of beauty to the world 

Several years ago, the makeup industry in the country was virtually non-existent, or at least not at the level of sophistication witnessed in recent times

Meet Tomi Somefun, the woman in charge of Unity Bank Plc 

As is the case all over the world, there are few women heading top executive positions in Nigeria’s corporate space.

The day Nigeria’s business elites gathered in Abuja for something nice 

It was the first day of the 24th Nigerian Economic Summit and as you can expect, Nairametrics was there keeping an eye out for the CEOs and other corporate personalities.  

Podcast

EMM Podcast: How new minimum wage affects you

Everyday Money Matters is a Financial Literacy and Personal Finance Podcast powered by Nairametrics.

BHH Podcast: How my Graphics design business need turned me to a Professional Photographer by Jide Odukoya

Business Half Hour is a podcast show targeted at Startups and Entrepreneurs.

EMM Podcast: How can one survive with a minimum wage of N22,500

Everyday Money Matters is a Financial Literacy and Personal Finance Podcast powered by Nairametrics.

BHH Podcast: How time in EFCC cell taught me how to do business by Joseph Edgar

Business Half Hour is a podcast show targeted at Startups and Entrepreneurs.