VFD Group cedes control as it divests from GAC two years after takeover

@VFDGroup has announced it will be exiting from automobile dealership company, Germaine Auto Center (GAC). The development is contained in a press statement sent to Nairametrics.

NSE continues the week in negative, as AG Leventis, Chams among best stocks

@nsenigeria ended Wednesday’s trading session in negative territory. The All Share Index closed at 28,042.80 basis points, down 0.56%. Year to date, the index is down 10.78%.

Does Buhari’s new minimum wage approval mean “Nigeria is broke”?

After months of eager anticipation, hopes were not entirely dashed after President Muhammadu Buhari has finally approved the immediate implementation of N30,000 new minimum wage to lowest cadre workers. 

Outflux of skilled workers is a dent on the local labour market

The rate at which skilled workers are emigrating from Nigeria to more developed regions has increased significantly over the past four years, as more...

FG’s new minimum wage implementation does not apply to everyone

President Muhammadu Buhari has ordered the immediate implementation of the N30,000 new minimum wage, but it is not for everyone.

Banks are relying on credit bureau to comply with CBN’s new directive

Banks are relying on credit bureau operators to comply with CBN's 60 per cent Loan to Deposit Ratio (LDR) policy. This is according to CRC Credit Bureau.

AfDB has blacklisted this company from bidding for contracts

AfDB has barred Lutoyilex Construct Limited and its Managing Director, Bamidele Obiniyi for a period of 36 months over alleged fraudulent practices.

Press Releases

Access Bank wins Karlsruhe Sustainable Finance Award

Africa’s leading financial institution, Access Bank Plc, has emerged winner of the 2019 Karlsruhe Sustainable Finance Awards.

NSE partners Sebeccly Cancer Care to provide free cancer screening at 2019 NSE Corporate Challenge

@nsenigeria, in partnership with Sebeccly Cancer Care, provided free cancer screening at the 2019 NSE Corporate Challenge.

NSE Inducts 46 Newly Authorized Dealing Clerks

The Nigerian Stock Exchange (NSE) on Monday, July 15, 2019, inducted 46 recently qualified Dealing Clerks charging them to uphold the highest level of ethics and sense of responsibility.

Jim Ovia urges Emefiele to create the enabling environment that will empower the Nigerian youths

Jim Ovia has called on the @centbank Governor, Godwin Emefiele to create the enabling environment to help empower and blossom the Nigerian youths.

CANAL+ Group Acquires ROK

Leading African film studio and TV network, ROK has been acquired by CANAL+ Group, comprising production, content distribution and publishing channels.

Access Bank Treats Customers this Summer with XclusivePlus

Luxury is often associated with the very rich and wealthy; after all, the finest things in life must be paid for. While the specifics of what makes up an affluent living vary on a personal level, most people would describe it as enjoying premium goods and services, all of which do come at a cost.

Latest Posts

VFD Group cedes control as it divests from GAC two years after takeover

@VFDGroup has announced it will be exiting from automobile dealership company, Germaine Auto Center (GAC). The development is contained in a press statement sent to Nairametrics.

NSE continues the week in negative, as AG Leventis, Chams among best stocks

@nsenigeria ended Wednesday’s trading session in negative territory. The All Share Index closed at 28,042.80 basis points, down 0.56%. Year to date, the index is down 10.78%.

Here’s how much Nigerians paid for gas, kerosene and diesel in June

Report has shown that the prices of Gas and Diesel dropped in Jun 2019, while consumers paid more for Kerosene across the country

Louts, “Agbero” confront Opay, Gokada, and MAXng riders

A viral video online has suggested that some 'Agberos' are stopping popular motorbikes hailing services, Oride, Gokada, MAXng riders in Lagos demanding for N500 tax.

Access Bank wins Karlsruhe Sustainable Finance Award

Africa’s leading financial institution, Access Bank Plc, has emerged winner of the 2019 Karlsruhe Sustainable Finance Awards.

How to apply for a micro-finance loan in Nigeria

This articles explains common steps to follow when applying for a #microfinance #loan in #Nigeria. It explains factors you should consider before applying. #Banking

Here are the top Nigerian women in finance

This a list of 2019 exceptional women in the finance sector of Nigeria.

Does Buhari’s new minimum wage approval mean “Nigeria is broke”?

After months of eager anticipation, hopes were not entirely dashed after President Muhammadu Buhari has finally approved the immediate implementation of N30,000 new minimum wage to lowest cadre workers. 

Outflux of skilled workers is a dent on the local labour market

The rate at which skilled workers are emigrating from Nigeria to more developed regions has increased significantly over the past four years, as more...

Is it a smart business move for parents to employ their children?

Is it a smart business move for parents to employ their children?

FG’s new minimum wage implementation does not apply to everyone

President Muhammadu Buhari has ordered the immediate implementation of the N30,000 new minimum wage, but it is not for everyone.

CAP Plc’s share price is beginning to tank

CAP Plc's share price hit a 5 year low of N24.75 in yesterday's trading session on the @nsecontact

How to apply for a micro-finance loan in Nigeria

This articles explains common steps to follow when applying for a #microfinance #loan in #Nigeria. It explains factors you should consider before applying. #Banking

Is it a smart business move for parents to employ their children?

Is it a smart business move for parents to employ their children?

How to know when your debts have gone overboard

How to know when your debts have gone overboard

Why A Drop In Inflation Does Not Necessarily Mean A Drop In Prices Of Commodities

Why A Drop In Inflation Does Not Necessarily Mean A Drop In Prices Of Commodities #Inflation #prices of #commodities.

Why Warren Buffet prefers not to pay Dividends

@WarrenBuffett explains a more reliable method to earn big as a #shareholder of a #company. The sell-off approach

Airtel and MTN Nigeria are sending bad signals from NSE to Glo, 9mobile

In May 2019, @MTNNG listed on the Nigerian Stock Exchange (@nsenigeria). The move was perceived by many as both an invitation and a challenge to other telecoms companies such as @GloWorld and @9mobileng to do the same.

Learn how to Validate and Claim your expired Dividend Warrants

Here is all you need to know on how you can verify, validate and claim your expired or unclaimed dividends from your registrar. #dividends

Quick Take: A disappointing start to 2019 for International Breweries

On July 2nd, International Breweries Plc (IntBrew) released its Q1 2019 results which presented the opportunity to compare the company’s post-merger performance. Revenue grew 35.2% y/y to N35.1bn in Q1 2019 from N26.0bn in Q1 2018.

Relationship talks: Money questions you must ask

Money questions you must ask in relationship talks

How to avoid borrowing to pay school fees

How to avoid borrowing to pay school fees

How To Choose Whether To Buy A Car or Rent An Apartment

How To Choose Whether To Buy A Car or Rent An Apartment

Financial Expert explains why you should really consider mutual funds now

Popular financial expert, Kalu Aja, recently took to his Twitter page to explain why investing in mutual funds are beneficial.

GTBank ads

O’Concept, the QSR reengineering snack-on-the-go to flip the market

O’Concept, the QSR reengineering snack-on-the-go to flip the market

Businesses boom as South-West States rank top on SMEs in Nigeria

The latest report released by the National Bureau of Statistics (NBS) has revealed that three South-Western States in Nigeria have the highest number of Small and Medium Enterprises (SMEs) in the country.

Report reveals Small Businesses in Nigeria have created over 59 million jobs

There appears to be a ray of hope for the citizens of Africa's most populated country, Nigeria, as the latest report released by the...

How SME’s can digitally export their products  

As part of efforts to enable SMEs access the global market, the Nigerian Export Promotion Council (NEPC), has given some pointers.


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 group

Corporate Profiles

Meet Moses Babatope, the “frontliner” of Filmhouse Cinemas and FilmOne

Both FilmOne and Filmhouse Cinema were co-founded by Babatope in December 2012. Ever since then, the companies have been major players in the Nigerian film industry.

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.

BHH Podcast: 54gene’s Dr Abasi Ene-Obong explains how to build Africa’s first DNA database

On this episode of the BHH Podcast, @bukola23 and @taioyewole had @weare54gene's @AbasiEneobong explains how to build Africa's first DNA database.

EMM Podcast: Ugodre explains what to do if your mutual fund returns are not paid

On this episode of the #EMMPodcast, @Ugodre explains what you can do if your brokerage firm can't pay your mutual fund returns.

BHH Podcast: Arnergy’s Femi Adeyemo shares his plan to scale solar power

On this episode of the #BHHPodcast, @bukola23 and @Taioyewole had @arnergy CEO, Femi Adeyemo @femiadeyemo share his plan to scale solar power across Nigeria.

EMM Podcast: Ugodre tells us where to get an N8 million loan for real estate

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