The current sell-offs or cryptocurrencies, US stocks, and other global financial markets could have a ripple effect on Nigeria, Nairametrics analysts opine. Currently, the market sell-offs have largely affected the...

Investors across the world recorded billions of dollars of losses in stocks, commodities, and cryptocurrency as markets cratered on a wave of massive sell-offs. The US NASDAQ, S&P 500, two...

Guaranty Trust Holding Company (GTCO) recently got pipped by Zenith Bank as the bank stock with the highest share price. Last December, Zenith Bank also blew past GTCO as the...

Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares according to provisions of the signed Finance Act 2021. The...

One of Nigeria’s oldest and well-respected banks, Union Bank is set to be acquired by Titan Trust Bank, a two-year-old bank with a balance sheet far less than its target....

Nigerian Banks grew their deposits by 11.5% in the first 9 months of 2021 as competition to grow deposits intensified. Data from Nairalytics Research show total customer deposits held in...

Nigerian companies paid a total of N989 billion as dividends in the first 9 months of 2021 representing a 27% increase from the same period in 2021. This is according...

Global markets are currently spooked over the likely effects of the newly discovered Omicron Covid-19 variant, first discovered in southern Africa. On Friday, MSCI global stocks benchmark fell to its...

Backstory Across every stakeholder spectrum in the Nigerian economy (i.e. investors, consumers, policymakers or economic observers), one persistent recurring topic is the incessant Naira depreciation against major currencies. Specifically, against...

Two of Nigeria’s largest flour millers, Flour Mills of Nigeria and Honeywell Flour Mills Plc announced a mega deal yesterday that will see the former acquire the latter. According to the...