POSTS BY: UGO OBI-CHUKWU

Ugo Obi-chukwu https://nairametrics.com

Ugo Obi-chukwu "Ugodre" is a chartered accountant with over 16 years experience in financial management, corporate finance and financial analysis. He is also a retail investor and a personal finance advocate with over a decade experience investing in the Nigerian stock market. Ugo is the founder/Publisher of Nairametrics and blogs regularly on the website.

Activist Group Explains Why They Want Govt To Raise Taxes On Local Tobacco Manufacturers

Activist Group Explains Why They Want Govt To Raise Taxes On Local Tobacco Manufacturers

An Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has requested for an increase...


On Record: Kemi Adeosun Says “Black Market Will Collapse Soon” 

On Record: Kemi Adeosun Says “Black Market Will Collapse Soon” 

The Minister of Finance,  Kemi Adeosun has said that the black market, where most...


Nnewi Based Ibeto Group, Says They Sacked 2000 Staff Due To “Cheap Chinese Batteries”. 

Nnewi Based Ibeto Group, Says They Sacked 2000 Staff Due To “Cheap Chinese Batteries”. 

Nigerian onwed and Nnewi based battery manufacturing company, the Ibeto Group, is claiming that...


PZ Wilmar Stakes $80m In Crude Palm Oil Refinery In Nigeria. 

PZ Wilmar Stakes $80m In Crude Palm Oil Refinery In Nigeria. 

The News Agency of Nigeria is reporting that PZ Wilmar Limited, has staked about...


NPF Microfinance Bank Considers Using Policemen To Arrest Loan Defaulters. 

NPF Microfinance Bank Considers Using Policemen To Arrest Loan Defaulters. 

NPF Microfinance Bank,  formerly Nigerian Police Force Microfinance Bank is considering using police men...


Niger Delta Crisis: Osinbajo To Visit Oil Communities From Monday

Niger Delta Crisis: Osinbajo To Visit Oil Communities From Monday

The Nigerian Government has stepped up efforts to address the unrest in the Niger...



SEC Nigeria Issues Press Release Against Bitcoins And Other Cryptocurrencies

SEC Nigeria Issues Press Release Against Bitcoins And Other Cryptocurrencies

The Security and Exchange Commission of Nigeria has issued a press release warning against...


Two Classic Examples of How FRCN Corporate Governance Codes Conflicts With CAMA

Two Classic Examples of How FRCN Corporate Governance Codes Conflicts With CAMA

The Executive Secretary of the FRCN, Jimi Obazee was sacked yesterday following the controversy...


Wigwe Boasts Access Bank Is “Extremely Liquid” As Stock Hit One Year High

Wigwe Boasts Access Bank Is “Extremely Liquid” As Stock Hit One Year High

Access Bank shares closed the first week in January 2017 as the third best...


Why Two Chinese and a Nigerian Are About To Be Jailed for Exporting from Nigeria

Why Two Chinese and a Nigerian Are About To Be Jailed for Exporting from Nigeria

Nairametrics|Mr. Shu Xiang Quan and Mr. Wu Sheng, two Chinese men and a Nigerian,...


Verbatim: Nigeria’s Minister of Aviation on Launching National Airline Before end of 2017

Verbatim: Nigeria’s Minister of Aviation on Launching National Airline Before end of 2017

In another confirmation of the socialist driven policies of the current government, the Minister...


These 3 Stocks Just Joined Pension Index; See What It Means For Your Portfolio

These 3 Stocks Just Joined Pension Index; See What It Means For Your Portfolio

The Nigerian Stock Exchange released its 2017 first half review of its major indices...


NNPC Announces These 39 Companies As Winners Of 2017/2018 Crude Oil Lifting Contracts

NNPC Announces These 39 Companies As Winners Of 2017/2018 Crude Oil Lifting Contracts

The NNPC just tweeted the names of 39 companies that won bids to lift...


Abuja Airport Closure: Two Reasons Why Kaduna Airport Is Being Rejected

Abuja Airport Closure: Two Reasons Why Kaduna Airport Is Being Rejected

The Federal Government announced it was closing the Nnamdi Azikiwe airport for repairs between...


Are Banks Allowed To Charge Stamp Duty On Savings Account?

Are Banks Allowed To Charge Stamp Duty On Savings Account?

A recent report from the Punch Newspaper claims commercial banks of charging stamp duty...


Bitcoins Surge Past $1k, Post 124% Return in 2016

Bitcoins Surge Past $1k, Post 124% Return in 2016

Nairametrics| Bitcoins on Monday January 2 surged passed the $1k mark making it one...


These Businesses Were Recession Proof During The Holidays

These Businesses Were Recession Proof During The Holidays

Just like in most parts of the world, Xmas and New Year holidays in...


How These Three Stocks Gained Over 100% In 2016

How These Three Stocks Gained Over 100% In 2016

2016 by all accounts was not a memorable year for stock market in Nigeria....


Former Aide Explains Why Abacha Handled The Economy ‘Better’ Than Buhari Is Doing

Former Aide Explains Why Abacha Handled The Economy ‘Better’ Than Buhari Is Doing

Sometime in February 2016, our research team looked at the capital and recurrent expenditure...


What African Startups Can Learn From African Currencies Floating Against The Dollar

What African Startups Can Learn From African Currencies Floating Against The Dollar

This year will perhaps go down in history as one of the worst for...


Aliko Dangote “I’m Buying Arsenal In 3-4 Years time” 

Aliko Dangote “I’m Buying Arsenal In 3-4 Years time” 

Africa’s richest man, Aliko Dangote has said that he plans to buy Arsenal in...


LSETF Says First Batch of Beneficiaries Will Begin Receiving Offer Letters December 22nd 

LSETF Says First Batch of Beneficiaries Will Begin Receiving Offer Letters December 22nd 

                Press Release  Lagos Nigeria: The Lagos...


“Difference Between Lake Rice and Imported Rice” – Ambode

“Difference Between Lake Rice and Imported Rice” – Ambode

In case you are wondering what the difference between Lake Rice and Imported rice...


How Remita Has Helped Treasury Single Account

How Remita Has Helped Treasury Single Account

The Managing Director of SystemSpecs (owners of Remita), Mr. John Tani Obaro was featured...


Fayemi: 13% Derivation For States Approved

Fayemi: 13% Derivation For States Approved

The Minister for mines and steel, Kayode Fayemi has said that the government has...


What You Should Not Do When You Just Receive A Severance Package

What You Should Not Do When You Just Receive A Severance Package

Have you recently lost your job and got a payoff? Did you just decide...


Forex: May & Baker CEO Tells Buhari, “We Can Not Survive This Anymore”

Forex: May & Baker CEO Tells Buhari, “We Can Not Survive This Anymore”

It’s no longer news that companies in Nigeria are in the midst of one...


The List Of Companies That Take “Forever” To Pay Dividends

The List Of Companies That Take “Forever” To Pay Dividends

Money earned today is better than money earned tomorrow....


Bulls Are Back: 4 Reasons Why Nigerian Stocks Are Rallying

Bulls Are Back: 4 Reasons Why Nigerian Stocks Are Rallying

Nigerian Stocks gained for the 5th straight day and the 9th day out of...


N4.4 Trillion And Counting….Buhari Adds Another N2.2 trillion Debt, Blames PDP

N4.4 Trillion And Counting….Buhari Adds Another N2.2 trillion Debt, Blames PDP

The Buhari led government claims it has discovered a sum of N2.2 trillion in...