TOP STORIES

BREAKING: INEC postpones 2019 general elections

The Independent National Electoral Commission (INEC) has postponed the 2019 general elections. Chairman of the commission Mahmud Yakubu made this known in a press briefing...

Ahead of Tomorrow’s Election, NSE ASI closes green

The Nigerian Stock Exchange ended today’s session, on a positive note.

NBS report shows consumers paid more for Kerosene in January

Highlights The average price per litre of Kerosene increased by 5.35% month on month, and 6.03% year-on-year between December 2018 and...

Nigeria’s Inflation drops to 11.37% in January 2019

Basic Inflation rates highlight: Inflation rate reduced to 11.37 per cent in January 2019 from 11.44 per cent in December 2018....

PMB vs ATIKU: The Same or Something Different?

The two camps have since released their manifestos.

Buy/Sell/Hold: Guaranty Trust Bank has a HOLD rating

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

NM Partners

Axxela achieves initial issuer rating of BBB+(NG); outlook stable

Axxela is a Helios Investment Partners LLP portfolio company, and a designated natural gas shipper on the West African Gas Pipeline.

FirstBank partners Azuri Technology to promote sustainable development in Nigeria

FirstBank is the premier Bank in West Africa and the leading banking services solutions provider in Nigeria for 125 years.

Konga unveils revolutionary payment option, Konga Me

Konga, Nigeria’s leading e-commerce giants, has unveiled Konga Me, a revolutionary payment option which essentially allows customers to shop desired items online @ www.konga.com...

FirstBank and Azuri partner to bring solar to millions and deepen financial inclusion in Nigeria

First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, today announced a unique partnership that will help deepen financial...

UBA extends Africa footprint, commences full operations in Mali

UBA Plc commenced full banking operations in Mali.

UBA, Japan Trade Office collaborate to promote MSMEs in Africa

United Bank for Africa (UBA) Plc has indicated its readiness to support the Japanese government in its drive to promote Small and Medium Scale...
first bank

Ahead of Tomorrow’s Election, NSE ASI closes green

The Nigerian Stock Exchange ended today’s session, on a positive note.

Buy/Sell/Hold: Guaranty Trust Bank has a HOLD rating

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

Nigeria among top 5 best-performing Eurobonds in 2019

So far in 2019, African countries have mostly emerged as the best performing Eurobond market in the world. Nigeria is one of them.

Bulls take a break on the NSE after 8 straight days

The bull run on the Nigerian Stock Exchange paused today as the All Share Index closed in the red. The index ended today’s trading...

NEM Insurance Plc hits slow mode

NEM Insurance had a slightly turbulent 2018, due to issues pertaining to its 2018 AGM.

NBS report shows consumers paid more for Kerosene in January

Highlights The average price per litre of Kerosene increased by 5.35% month on month, and 6.03% year-on-year between December 2018 and...

Coca-Cola full-year profit falls below Wall Street forecast

Strong dollar, among other things, has been blamed for Coca-Cola's failure to meet Wall Street expectations for the carbonated soft drink company's full-year profit, with revenue falling in the fourth quarter.

Excitement aside, not all stakeholders are keen about MTN’s NSE listing

MTN recently confirmed that the exercise will be happening this year after all;  albeit by way of introduction in June 2019.

Telecoms operators fined N74 million for violating regulations

The four major telecommunications companies in Nigeria have been fined for various actions that contravene the rules and regulations of the Nigerian Communications Commission.

Shell invites bid for new Bonga oilfield

One day after the Nigeria National Petroleum Corporation (NNPC) executed the process of the Heads of Terms (HoT), Shell Nigeria Exploration and Production Company (SNEPCo) is inviting interested bidder for one of the company's oilfield.

Axxela achieves initial issuer rating of BBB+(NG); outlook stable

Axxela is a Helios Investment Partners LLP portfolio company, and a designated natural gas shipper on the West African Gas Pipeline.
bua cement

Latest Posts

BREAKING: INEC postpones 2019 general elections

The Independent National Electoral Commission (INEC) has postponed the 2019 general elections. Chairman of the commission Mahmud Yakubu made this known in a press briefing...

Ahead of Tomorrow’s Election, NSE ASI closes green

The Nigerian Stock Exchange ended today’s session, on a positive note.

Coca-Cola full-year profit falls below Wall Street forecast

Strong dollar, among other things, has been blamed for Coca-Cola's failure to meet Wall Street expectations for the carbonated soft drink company's full-year profit, with revenue falling in the fourth quarter.

NBS report shows consumers paid more for Kerosene in January

Highlights The average price per litre of Kerosene increased by 5.35% month on month, and 6.03% year-on-year between December 2018 and...

Excitement aside, not all stakeholders are keen about MTN’s NSE listing

MTN recently confirmed that the exercise will be happening this year after all;  albeit by way of introduction in June 2019.

Telecoms operators fined N74 million for violating regulations

The four major telecommunications companies in Nigeria have been fined for various actions that contravene the rules and regulations of the Nigerian Communications Commission.

Shell invites bid for new Bonga oilfield

One day after the Nigeria National Petroleum Corporation (NNPC) executed the process of the Heads of Terms (HoT), Shell Nigeria Exploration and Production Company (SNEPCo) is inviting interested bidder for one of the company's oilfield.

Axxela achieves initial issuer rating of BBB+(NG); outlook stable

Axxela is a Helios Investment Partners LLP portfolio company, and a designated natural gas shipper on the West African Gas Pipeline.

Dividend: Transcorp Hotels to pay 15 kobo per ordinary share

Transcorp Hotels Plc has announced to pay a final dividend of 15 kobo per ordinary share to its shareholders. The payment is subject to appropriate...

Nigeria’s Inflation drops to 11.37% in January 2019

Basic Inflation rates highlight: Inflation rate reduced to 11.37 per cent in January 2019 from 11.44 per cent in December 2018....

PMB vs ATIKU: The Same or Something Different?

The two camps have since released their manifestos.

NDIC and shareholders trade words over the liquidation of Fortis MFB

The Nigerian Deposit Insurance Corporation, NDIC, has responded to 'unfounded claims' by shareholders over the collapse of Fortis Microfinance Bank.

How to Invest

Exclusive: A look at how young Nigerians invest their money nowadays 

As his phone finally buzzed with the notification of his salary payment, John pondered whether to stick to his investment plans or cheat for the last time. 

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.

STOCK IDEAS

Buy/Sell/Hold: This why you should SELL Sterling Bank and UAC of Nigeria

Stocks to Buy/Sell/Hold are picked from the top gainers and losers of the prior week.

Place a HOLD on these stocks in the coming week

Stocks to watch are picked from the top gainers and losers of the previous week.

These stocks have a HOLD recommendation

Stocks on our Buy/Sell/Hold are drawn from the top gainers and losers of the prior week, as well as various analyst’s reports. Dangote Cement: HOLD Recent...

Linkage Assurance may fall short in 2018

Linkage Assurance Plc was incorporated in Nigeria on 26th of March 1991 as a private limited liability company domiciled in Nigeria.
GTBank mobile app

Mutual Funds

Nigerian mutual funds made an estimated N1.9 billion gain in 2018

Nigerian mutual funds generated an estimated gain of N1.9 billion in 2018, to bring its total Net Asset Value to N648.2 billion.

Stanbic IBTC Guaranteed made 14.41% in 2018

There is no doubt that 2018 was quite a challenging year for investors all over the world. The global market remained very volatile for...

Mutual fund investments success in American and what Nigeria can learn from this

The popularity of mutual funds and the part they play in retirement savings has long been embraced all over the world except in Nigeria.

This is why you should be consistent with your investment and retirement account

When it comes to consistency in investment, it is not only the consistency of fund or investment performance that matters

Financial Literacy

4 incredible financial gifts for your partner on Valentine’s Day

Here are 4 financial gifts you can get your significant other this Valentine's Day.

Impress on a budget: Don’t break hearts or the bank this Thursday

REMEMBER: Don't break hearts or the bank this Thursday!

Businesses that will profit from Valentine’s Day

Valentine's day, a day when many people exchange romantic gifts with their lovers is fast approaching.

Sad reason why Nigerians keep falling prey to Ponzi Schemes

This explains why Ponzi Schemes continue to popular in the country, despite the disappointment aftermaths often associated with it.

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

CEOs of some NSE companies that may declare losses for 2018 (Part 1)

It is the dream of every shareholder to earn dividends at the end of every financial year. In fact, the whole essence of investing is to earn returns on investments.

Who is the CEO of Cadbury Nigeria Plc?

Ever wondered who the Chief Executive Officer of Cadbury Nigeria plc is? Well, he is Nairametrics’ CEO of the week. Get to know him.

Notable CEOs of Nigerian companies whose shares are below listing standard

Last week, the NSE announced that 18 companies are free float deficient and for that reason, have been classified as "below listing standard".

Nigerians occupy top spots on Forbes Magazine’s wealthiest African billionaires’ list

Forbes Magazine has published its 2018 list of Africa's richest billionaires. And as always, the list is consisted of regular names.

Podcast

BHH Podcast: Farmcrowdy, Putting all their eggs in the ‘AgriTech’ basket

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

EMM Podcast: $140m in cryptocurrencies lost, plus, transferring T-bills to another person

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

BHH Podcast: The goldmine in Nigerian Cinemas by Moses Babatope

Business Half Hour is a podcast targeted at Startups and Entrepreneurs. On the show, we feature entrepreneurs who are changing the way to do...

BHH Podcast: Andela’s $100 million reasons to smile

Business Half Hour is a podcast targeted at Startups and Entrepreneurs. On the show, we feature entrepreneurs who are changing the way to do...