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Union Bank issues series 3 & 4 Commercial Paper, raises N20 billion 

One year after Union Bank Plc is set to raise additional N20 billion by issuing series 3 and 4 into the domestic capital market. 

Afreximbank, MIA sign $190million deal 

The African Export-Import Bank (Afreximbank) has announced that it has sealed a $190 million facility deal with MIA company. 

Access Bank finally acquires Kenyan bank, Transnational Bank Plc 

Access Bank has finally acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches after receiving final approval from CBK.

Nigerian Professor spends $185K US grant in strip clubs, iTunes, others

The Philadelphia District Attorney’s office has alleged that a former professor of Drexel University spent research money on adult entertainment venues.

FG uses VAIDS to raise N70 billion from Nigerians 

The Minister of Finance, Zainab Ahmed, has disclosed that FG made use of VAIDS programme to raise over N70 billion from Nigerians. 

Ethiopia to build largest airport in Africa 

Ethiopian government wants to build an airport which will further establish the dominance of its aviation sector in the continent. 

NEF, FACAN sign MoU, to access $5 billion fund for entrepreneurship  

MoU to access $5 billion provided by the Chinese government for entrepreneurship in Nigeria has been signed by NEF and FACAN. 


Press Releases

FirstBank enhances educational sector, supports schools with over N10 billion loan

First Bank has announced that within the last year, it has supported educational institutions in the country with loans in the sum of over 10 billion naira.

Access Bank rewards businessman with education allowance for 5 years

A businessman and 1,044 Nigerians across the country, emerged winners at the quarterly, senior citizens and women’s draws of the DiamondXtra.

Tony Elumelu donates Technology Centre to AAU

Tony O. Elumelu has made the donation of a multipurpose information technology centre to his alma mater, Ambrose Ali University.

How to keep your identity safe online

Nowadays with so many of us basically living our lives via the internet, the issue of privacy is something we should be taking very seriously.

KPMG SME Report: FirstBank named biggest mover in 2019

First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives

UBA announces appointments to Group Board, Africa Operations – underlining importance of African and global business lines

UBA has announced that Oliver Alawuba has been appointed as CEO of UBA Africa, overseeing the bank’s  20 African country operations, ex-Nigeria.

Latest Posts

Networking, way to success in Nigeria

Growing a business or a career in an emerging economy like Nigeria can be quite tedious, a pilot, Arinze Odira, who is also an investor, said.

Union Bank issues series 3 & 4 Commercial Paper, raises N20 billion 

One year after Union Bank Plc is set to raise additional N20 billion by issuing series 3 and 4 into the domestic capital market. 

Samsung discloses why it chose Nigeria as investment spot 

The Nigerian subsidiary of Samsung Heavy Industries has explained the reason the Asian company chose Nigeria as its first construction facility site.

Afreximbank, MIA sign $190million deal 

The African Export-Import Bank (Afreximbank) has announced that it has sealed a $190 million facility deal with MIA company. 

Access Bank finally acquires Kenyan bank, Transnational Bank Plc 

Access Bank has finally acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches after receiving final approval from CBK.

President Buhari not to blame for increase in debt – DMO DG

The DG/CEO of DMO, Patience Oniha, has cautioned Nigerians against blaming President Muhammadu Buhari for the increase in Nigeria’s debt.

FirstBank enhances educational sector, supports schools with over N10 billion loan

First Bank has announced that within the last year, it has supported educational institutions in the country with loans in the sum of over 10 billion naira.

Avoid stocks, experts list business ideas for 2020 

Nigerian entrepreneurs have been advised to consider viable businesses that will require little to zero capital to start.

Commodity market: How it works

Commodities are mostly generic, largely unprocessed, goods that can be processed and resold.

Update: Panic as vandalised pipeline explodes in Lagos

Pipeline belonging to the Nigerian National Petroleum Corporation exploded in the area. The fire erupted after some vandals allegedly ruptured the pipeline in a bid to scoop fuel. #NNPC

Strategies to Reduce Expenses and Save Money

In everyday language, consumption is nothing other than expenses. So, by reducing your expenses, you will be in a better position to save more.

Customer Service: 9 ways to go from zero to hero in no time

While you may want to continue bringing in new customers, your success is greatly determined by your ability to increase your repeat customers.
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Avoid stocks, experts list business ideas for 2020 

Nigerian entrepreneurs have been advised to consider viable businesses that will require little to zero capital to start.

Commodity market: How it works

Commodities are mostly generic, largely unprocessed, goods that can be processed and resold.

Strategies to Reduce Expenses and Save Money

In everyday language, consumption is nothing other than expenses. So, by reducing your expenses, you will be in a better position to save more.

How to save millions in 2020

I won’t rest till I save at least N2 million naira this year. Everyone I know personally has big expectations for the year, and I’m sure everyone reading this also does.
Nairametrics huwaii

Equities: A bullish run to start the year 

Following a bearish run in 2019, with a negative return of 14.6%, the local bourse began the year on a positive note.

Top 10 stockbroking firms trade N1.35 trillion on stocks in 2019

The Nigerian Stock Exchange (NSE) ended 2019 bearish as All-Share index posted a loss of 14.09%.

Understanding securities lending

Securities lending is a process by which securities are temporarily transferred from one party (the lender) to another (the borrower).

Understanding price multiples and how to use them for stock selection

There are other “ratios” that help in stock selection; they are called market or price multiples.

How to build a profitable Mutual Fund Portfolio

How to build a profitable Mutual Fund Portfolio

Nigeria’s mutual fund asset value hits N1 Trillion

The total asset value of mutual funds in Nigeria has topped the trillion Naira mark, according to the December 13th 2019 report by the SEC. #MUTUAL FUND #ASSET #SEC

These poor investment decisions have ruined lives

On this blog, we preach a lot about investing. It is a habit everyone must inculcate and nurture as route to financial freedom. However, investing can also lead to financial ruin if

Unit holders earn N1.5 billion from UPDC REIT 

UPDC REIT promoted by UACN Property Development Company has announced the distribution of N1.5 billion to its unit holders. 

Avoid stocks, experts list business ideas for 2020 

Nigerian entrepreneurs have been advised to consider viable businesses that will require little to zero capital to start.

Customer Service: 9 ways to go from zero to hero in no time

While you may want to continue bringing in new customers, your success is greatly determined by your ability to increase your repeat customers.

If you want to be a leader in a competitive market, do these 8 things

While testing an unproven market can be expensive and risky on one hand, on the other hand, there are clear signals about where opportunities lie.

German bank to support 10,000 Nigerian SMEs with $33 million credit facility 

About 10,000 SMEs are set to benefit from the $33 million credit facility given by the German lender, KfW Development Bank.
Coronation ads

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...
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Corporate Profiles

Top Nigerian CEOs who lost/left their jobs in 2019; what are they doing now? 

The focus of our corporate personalities profiles today is to take a closer look at all the top CEOs that lost their jobs in 2019. 

The rise of Premier Lotto boss, Sir Adebukunola Adebutu Kesington

The compelling success story of the Odole Odua, Sir Adebukunola Adebutu Kesington, will surely make an award-winning masterpiece if well-knitted.

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.

EMM Podcast: Money moves you should make in 2020

On this episode of the EMM Podcast, Ugodre delved into a number of conflicting personal finance questions and issues making round in the economy. The 30-minute stretch is explosive and I enjoin you to hit play.

BHH Podcast: What 2020 holds for SMEs (2) – Ugodre

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

EMM Podcast: How to set financial, career and personal goals for 2020

On this episode of the EMM Podcast, Ugodre delved into a number of conflicting personal finance questions and issues making round in the economy. The 30-minute stretch is explosive and I enjoin you to hit play.

BHH Podcast: What 2020 holds for SMEs (1) – Ugodre

On this episode of #BHH, Ugodre gave an insight on how business climate would be for SMEs's and an overall outlook on the global and national economy.