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Nigerian stock market dips 0.57% as investors part with N117 billion

Stock Market

The NGX closes flat as market cap declines slightly by N811 million

by Chidinma Anyalewechi

The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 0.3...

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LATEST NEWS

How Fidelity Bank is driving digital financial inclusion in Nigeria with impressive half year 2021 result

Fitch upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’

Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness.

Ayo Fayose

Fayose insists on a Southern president in 2023, unlikely to support Atiku

by Chike Olisah

Former governor of Ekiti State, Ayodele Fayose, has insisted that the next president of Nigeria must come from the Southern part of the country.

Women History Month; Tech-related scholarships for Women

Top 5 reasons why you should consider France for your studies

by Michelle Ezenduka

France is a great place for both graduate and undergraduate study for a lot of reasons. Asides from the fact that it is a beautiful country and that it is the home to Paris, its...

PAPPS to collaborates with Buna to build payment gateway

Why more African businesses are transiting to digital payments – Report

by Samson Akintaro

The report also revealed that bank transfers are the most common medium for making and receiving payments between businesses today...

These billionaire tech founders have lost $123.5 billion YTD

These billionaire tech founders have lost $123.5 billion YTD

by Zainab Iwayemi

The heavy storm which shook the tech market continues to have a spiralling effect into the middle of the year, resulting in a significant decline in the net worth of tech founders. Over the past...

Adeleke confirmed as NCC Executive Commissioner by the senate, Nigeria is on the path of growth despite challenges - Senate President tells IMF

Senate delegation to visit Ekweremadu as FG hires lawyers to defend Senator and wife

by Chike Olisah

The FG through the Nigerian High Commission in the UK has engaged the services of lawyers to defend Ike Ekweremadu, and his wife, Beatrice.

House of Reps orders Customs to reduce 18 clearing stages to 4 in 2 weeks

House of Reps to probe Petroleum subsidy of 2017 to 2021

by Justina Mboho

The House of Representatives has resolved that it will investigate the petroleum products subsidy regime of the Federal Government from 2017 to 2021.

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POPULAR

Top 10 highest salary paying companies in Nigeria – 2021

States in Nigeria with largest internet subscribers as of March 2022

Nigerians react as MTN drags 18 banks to court over N22.3 billion ‘erroneous’ transfer

Sujimoto is giving away a 3 bedroom fully furnished apartment in Lekki-Lagos on July 1st 2022 for free.

Crypto adoption in Africa gets a boost with Mara wallet

You can apply to these Universities in the US and in the UK without IELTS

Investors in MTN Public Offer gain N35 billion in 6 months

Nigeria’s unclaimed dividends rises to N180 billion

EFCC says landlords letting houses to internet fraudsters risk 15 years in jail

Lagos seals over 137 properties in the state for physical planning contravention

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FOLLOW THE NEWS

Governor Ortom withholds support for Atiku, says Wike, others deserve explanation

Politics

Governor Ortom withholds support for Atiku, says Wike, others deserve explanation

Snap to pay video creators $1 million daily

Tech News

Like Telegram, Snapchat introduces paid subscription at $3.99 per month

Cadana Boosts Security and Trust with New SOC 2 Type 2 and ISO/IEC 27001:2013 Certifications

Content Partners

Cadana Boosts Security and Trust with New SOC 2 Type 2 and ISO/IEC 27001:2013 Certifications

Wema Bank records 54.54% profit increase as at Q3 2019

Company News

Wema Bank to begin N40 billion rights issue in August

Court stops Oyo House of Assembly from impeaching deputy governor

Legal & Judiciary

Court stops Oyo House of Assembly from impeaching deputy governor

How NNPC made N287 billion profits in 2020

Energy

NNPC says over 200 illegal refineries operating in Nigeria, proffers solutions to energy crisis

Foxygreen

Street Wise

Over N3 billion at stake as frustration, uncertainty clouds investors at Foxygreen

Lagos to enrol 3 million residents in health insurance scheme

Health

Health Preparedness Index: Ogun, Bayelsa, Delta states top as Lagos drops to 5th place in 2022

CONTENT PARTNERS

Before the Robots take your jobs, take theirs

Content Partners

Before the Robots take your jobs, take theirs

SignalADoc introduces new solution on its App called ‘Vital Sign Monitor’

Content Partners

SignalADoc introduces new solution on its App called ‘Vital Sign Monitor’

Covid-19: Mastercard says fuel spending higher in Nigeria compared to 2018 peak, as economy reopens

Content Partners

With a smile or a wave, paying in store just got personal

Crypto adoption in Africa gets a boost with Mara wallet

Content Partners

Crypto adoption in Africa gets a boost with Mara wallet

Celebrating the bold and audacious Nigerian youths with Lord’s Achievers Awards

Content Partners

Celebrating the bold and audacious Nigerian youths with Lord’s Achievers Awards

Sujimoto is giving away a 3 bedroom fully furnished apartment in Lekki-Lagos on July 1st 2022 for free.

Content Partners

Sujimoto is giving away a 3 bedroom fully furnished apartment in Lekki-Lagos on July 1st 2022 for free.

Oando Plc, Eni, Fraud, SEC

Content Partners

Oando puts shareholder dispute behind it, announces 2019 & 2020 FYE results

Learn Crypto with WhaleFin Africa set to launch for 10-Weeks

Content Partners

Learn Crypto with WhaleFin Africa set to launch for 10-Weeks

NAIRAMETRICS EXCLUSIVES

Abbey Mortgage Bank Plc appoints Mr. Mobolaji Adewumi as acting Managing Director

Interviews

Shortcomings of Land Use Act of 1978, a major challenge for players in the industry – Mobolaji Adewumi, MD, Abbey Mortgage Bank Plc

NPF Microfinance Bank Sets To Raise N3b From Capital Market

Op-Eds

CAMA 2020: Shareholders rights and the treatment of the unissued share capital

By the numbers: Comparing NNPC with Saudi Aramco

Blurb

By the numbers: Comparing NNPC with Saudi Aramco

Buhari requests Senate approval on ICPC and RMAFC commissioners’ appointment

Op-Eds

Two decisions Buhari needs to make to rescue his failing economic legacy

“Ó Wà óóó!” — What I learnt being a bus conductor for one day

Investigations

A day in the life of a Lagos bus conductor

Weekly Stock Update: Nigerian local bourse’s ASI depreciates by 0.22% w-o-w

Market Views

THIS WEEK: Bears grip Nigeria’s equities market as inflationary pressure bites harder

Cost of diesel surge past N400/litre in Lagos

Energy

Five sectors in Nigeria that could be impacted by higher energy prices

Millennials and Gen Zs are dictating Nigeria’s job market

Op-Eds

Hybrid, remote and the dilemma in between

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FOLLOW THE MONEY

Nigerian stock market dips 0.57% as investors part with N117 billion

Stock Market

The NGX closes flat as market cap declines slightly by N811 million

Nigerian stocks record worst quarterly drop since 2009

Stock Market

A bullish Stock market is good for house-hold consumption – Report

DeFi exploit: Hackers steal $611 million from Poly Network

Cryptos

Sky Mavis opens Ronin bridge after $625 million hack

Harmony Network Hacker Moves $21 Million of Stolen Funds to Tornado Cash

Cryptos

Crypto Focus: All you need to know about Harmony Network’s $100 million hack

Bears market

Stock Market

Nigerian Stocks lose over N85 billion in a day

Crypto adoption in Africa gets a boost with Mara wallet

Content Partners

Crypto adoption in Africa gets a boost with Mara wallet

Nigerian economy is on a slippery slope of recovery, KPMG discloses

Cryptos

KPMG makes Metaverse entry as it invests $30 Million in Web3 employee training

Tether’s CTO addresses concerns surrounding short positions on USDT

Cryptos

Tether’s CTO addresses concerns surrounding short positions on USDT

FOLLOW CORPORATE DEALs

Wema Bank records 54.54% profit increase as at Q3 2019

Company News

Wema Bank to begin N40 billion rights issue in August

Leo Stan Ekeh

Corporate deals

Leo Stan Ekeh Foundation targets 10,000 jobs in Imo State

DEAL: Neveah Limited registers commercial paper worth N10 billion with FMDQ Exchange

Company News

Neveah Limited issues N5.7 billion Series 3, Series 4 Commercial Paper Programme

Richard Nyong, CEO of Lekki Gardens Estate Limited

Corporate deals

FMDQ Exchange admits Lekki Gardens Estate N25 billion Commercial Paper

MFS Africa to leverage Baxi’s $1.6 billion transaction for global expansion

Corporate deals

DEAL: MFS Africa raises additional $100 million Series C funding

Corporate deals

Deals roundup: UBA redeems $500 million Eurobond, as UAC issues N18.7 billion CP

Access Bank’s oversubscribed $500 million bond may help strengthen exchange rate

Corporate deals

Access Bank set to acquire Centum Investment’s 83.4% stake in Kenya’s Sidian Bank for $37 million

Applications open for ARM Labs Lagos Techstars Accelerator Program

Corporate deals

Applications open for ARM Labs Lagos Techstars Accelerator Program

FOLLOW TECH UPDATES

PAPPS to collaborates with Buna to build payment gateway

Tech News

Why more African businesses are transiting to digital payments – Report

These billionaire tech founders have lost $123.5 billion YTD

Tech News

These billionaire tech founders have lost $123.5 billion YTD

Snap to pay video creators $1 million daily

Tech News

Like Telegram, Snapchat introduces paid subscription at $3.99 per month

Before the Robots take your jobs, take theirs

Content Partners

Before the Robots take your jobs, take theirs

TikTok reaches one billion monthly active users worldwide

Tech News

U.S wants TikTok removed from Apple, Google app stores over data concerns

Nigeria’s internet service providers swell to 190 in 2022

Tech News

States in Nigeria with largest internet subscribers as of March 2022

DIGITAL REPORTS FOR 2021

Tech News

NCC reveals 83.3 million Nigerians connected to broadband as of May 2022

Why every organisation should develop cybersecurity culture – Experts

Tech News

Why every organisation should develop cybersecurity culture – Experts

Nairametrics TV

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How to invest wisely in the worlds high Inflation environment

How to invest wisely in the worlds high Inflation environment

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Interview with Tomer Warschauer Nuni, Head of Marketing at Kryptomon

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Nairametrics Economic Outlook 2022: Your Money, The Economy and Government Policies

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Bob Reid, Co-Founder and CEO of Everest | End-to-end financial inclusion platform

#MoneyBrief with @Ugodre - eNaira Explained.

Gov. Kayode Fayemi: How Ekiti State is harnessing resources, partnerships to drive long-term growth.

The next unicorn: What investors want in a start up

AgriTech companies that have insurance companies backing them | Everyday Money Matters

Will the enaira be a major competition to the available payment platforms?

EKITI STATE FOUNTAIN SUMMIT 2021

How I built a business to help individuals write a book for N700,000 | Alex Adekunle James

Providing synergy between transportation demands and service providers within Nigeria.

How we monetized storytelling | Chinonso Ogbogu | Sabi Writers

We focus on helping individuals and groups create and preserve wealth | Abolore Salami |

My love for food inspired my niche for food photography | Fasanmi Afolabi | BHH

Where can I invest N1 million right now? | EMM

Why brands should not wait for a crisis before engaging PR Consultants | Abiola Bonuola

Vhalid Escrow Services protects buyers and sellers online | Dayo Gbede

How Nigeria is importing dollar inflation | EMM

How accurate are Tech company valuations? | EMM

Customer service at Branch International is our edge in the market | Dayo Ademola

What you should consider before investing in an ICO (Initial Coin Offering)

We built Jara Beach Resort from a small beach hut at Eleko | Mark Slade

How can I save for my rent with N70,000 per month | EMM

How Gen-Z's can save money and invest

Finance options to enjoy as a priority client in Nigeria | Standard Chartered Bank

We provide on-demand access to legal documents | Adeoluwa Oni, Head of Products, Lani digital.

Tips to get Startup Funding with Uwem Uwemakpan, VP Fund Operations, Ingressive Capital

Upcoming IPOs that investors can look forward to in 2021 | EMM

NTISA provides business owners with software solutions to help them become more profitable. #BHH

How Central Bank Digital Currency will work for Nigeria | #EMM

Why we are bringing doctors to your homes | Ifeanyi Ossai | CEO Cribmd

How Central Bank Digital Currency will work for Nigeria | #EMM

Shecluded was founded to expose women to funding opportunities | Ifeoma Udoh | CEO - Shecluded

Fixed income investments available for retail investors to invest in | #EMM

These 3 apps get you started on US dollar investments #EMM Podcast

We want to improve digital data penetration in developing countries | CEO at Towntalk Solutions #BHH

Risk free assets you can invest in. #EverydayMoneyMatters

Our product is designed to reduce fraud in the insurance sector | Henry Mascot | CEO, Curacel

Which coin will get $1 to before the end of 2021 #EMM

A bad experience inspired us going into the logistics sector | KAZEEM IBUKUN | Cargoatlantic

Aggregated tourism activities will boost sector in Nigeria | Adun Okupe, Phd

Chat with Obong Idiong CEO Africa Prudential | AGM 2021

What a young Nigerian can invest in to yield at least 18% ROI in Nigeria?

I turned down a job as an accountant to become a photographer | Shola Animashaun

Why it is not a good time to buy #dogecoin #EMM

MARKETS

Nigeria’s unclaimed dividends rises to N180 billion

Nigeria’s unclaimed dividends rises to N180 billion

Crypto Focus: All you need to know about Harmony Network’s $100 million hack

Nigerian Stocks lose over N85 billion in a day

KPMG makes Metaverse entry as it invests $30 Million in Web3 employee training

BUSINESS

Business News

Lagos orders removal of all unapproved street gates in the state to ease traffic, Sanwo-Olu to stop pension for former governors, deputies, #EndSARS: Judicial Panel of Inquiry and Restitution to include Lekki toll gate incident – Sanwo-Olu, Lagos approves resumption of all classes in public, private schools, Lagos takes major step towards delivery of Fourth Mainland Bridge, Lagos to construct rail line to airport terminal for international passengers, COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis, Lagos state government discharges 7 more coronavirus patients, Lagos state will reverse to full lockdown, Sanwo-Olu to virtually inaugurate projects as he presents scorecard of first year in office, Lekki regional road: Sanwo-Olu revokes land titles of Elegushi Royal family, Lagos pays N1.3 billion into the RSA of 246 retirees, Lagos State to empower 2.5 million youths in Arts and Crafts

Governor Sanwo-Olu highlights benefits of the implementation of the AfCFTA

Workers Strike: Gov Abiodun says workers to receive alerts in 24 hours

Former President Jonathan explains why he did not embark on constitutional reforms

Senate insists on probe of former CJN, Tanko Muhammad, despite resignation

FINANCIAL LITERACY

Asking the right questions at the end of an interview

Recruitment: How to develop an excellent job description to attract the best talents

Don’t buy shares without learning about these ratios

These tips would help you stand out at a job interview

These Nigerian scholarships would help support your internship and education goals

FEATURED STORIES

Featured

Abbey Mortgage Bank Plc appoints Mr. Mobolaji Adewumi as acting Managing Director

Shortcomings of Land Use Act of 1978, a major challenge for players in the industry – Mobolaji Adewumi, MD, Abbey Mortgage Bank Plc

EFCC says landlords letting houses to internet fraudsters risk 15 years in jail

Top 10 highest salary paying companies in Nigeria – 2021

Share price of company that filed for Bankruptcy rallies over 300% in a week

PROFILES

Mokutima Ajileye: Making waves and smashing goals

Mokutima Ajileye: Making waves and smashing goals

Funmi Iyanda: Award-winning broadcaster who changed the face of talk shows in Nigeria

Audrey Joe-Ezigbo: The wonder woman who decided to fix Nigeria’s gas flaring crisis.

Betty Irabor: From accidentally stumbling into journalism to becoming Nigeria’s media queen

LIFESTYLE

Lunch with billionaire businessman, Warren Buffet goes for $19 million

Lunch with billionaire businessman, Warren Buffet goes for $19 million

Despite losing $64.5 billion in 2022, Elon Musk is 10 times richer than Dangote

Egyptian billionaire, Naguib Sawiris set to debut as a DJ in Cairo nightclub

Sergey Brin: Google co-founder with $94 billion net worth seeks divorce from wife

OPINIONS

NPF Microfinance Bank Sets To Raise N3b From Capital Market

CAMA 2020: Shareholders rights and the treatment of the unissued share capital

By the numbers: Comparing NNPC with Saudi Aramco

Two decisions Buhari needs to make to rescue his failing economic legacy

A day in the life of a Lagos bus conductor

PODCAST

How 3D printing can be useful in the medical field, others – Dr. Ndubuisi Ekwueme

How 3D printing can be useful in the medical field, others – Dr. Ndubuisi Ekwueme

Nupat Technolgies is helping businesses with custom software development – CEO, Nnamdi Ugwu

Autogirl is looking at becoming the Airbnb of car rentals in Africa – Founder, Chinazom Arinze

How Legal X is using technology to offer legal services – CEO, Inemesit Dike

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