CATEGORY: ANALYSIS

Op-Ed: A one size fits all solution to IPOB and regional agitations in Nigeria by @chxta

Op-Ed: A one size fits all solution to IPOB and regional agitations in Nigeria by @chxta

One of the intractable challenges that Nigeria has to deal with is that we often do not properly define the scope and scale of...


9Mobile made N228 billion revenue in 2016 but faces a dicey future

9Mobile made N228 billion revenue in 2016 but faces a dicey future

The Central Bank Governor on Tuesday, explained for the first time why they (in conjunction with NCC) intervened in Etisalat Nigeria, now 9Mobile. According...


Nigeria’s $1M Venture Capital Fund for Nigeria’s Creative Industry: A Deconstructive Analysis

Nigeria’s $1M Venture Capital Fund for Nigeria’s Creative Industry: A Deconstructive Analysis

Money fall on you, Banana fall on you…Davido One must commend the Federal Ministry of Information, Culture and Tourism and its partners successfully organising...



Approaching N1 trillion, should we be worried about Lagos State’s rising debt?

Approaching N1 trillion, should we be worried about Lagos State’s rising debt?

Data from the National Bureau of Statistics reveals Lagos State is by far the most indebted state in Nigeria. The state owes about $1.3...


Worrying signs as Nigerians under 30 miss out on pension contributions

Worrying signs as Nigerians under 30 miss out on pension contributions

Data from the National Bureau of Statistics (NBS) shows that about 7.5 million Nigerians contribute pensions via the Retirement Savings Account contributors scheme, under...


Oando’s Share Price recovers after alleged SEC investigation

Oando’s Share Price recovers after alleged SEC investigation

Shares of Oando Plc have fallen just 1.5% since news of an investigation by the Securities and Exchange Commission (SEC) broke two Fridays ago....


CBN blows past N3 trillion in treasury bills sales, YTD July 2017 alone

CBN blows past N3 trillion in treasury bills sales, YTD July 2017 alone

Available data from the Central Bank of Nigeria shows the government via the CBN has sold about N3.1 trillion in treasury bills between January...


Four takeaways from Wema Bank’s H1 2017 Conference call

Four takeaways from Wema Bank’s H1 2017 Conference call

Tier two lender, Wema Bank yesterday held a conference call in respect of it’s just released Q2 2017 results. A conference call is a...


Genius or luck? Emefiele’s NAFEX window seems to be working

Genius or luck? Emefiele’s NAFEX window seems to be working

Stroke of genius or just...


ICYMI: Nigerian Stock Exchange was the world’s most profitable in June

ICYMI: Nigerian Stock Exchange was the world’s most profitable in June

In what both the Central Bank of Nigeria (CBN) and the Federal Government may point to as a sign of its foreign exchange policies...


7 ‘unexpected’ lessons learnt from the CBN FX Windows

7 ‘unexpected’ lessons learnt from the CBN FX Windows

Back in February 2017, the Central Bank of Nigeria opened a window that allowed retail buyers access forex for invisible transactions, at N366. To...


In denying branding claims, Etisalat Nigeria may have dropped a hint for its new name

In denying branding claims, Etisalat Nigeria may have dropped a hint for its new name

Etisalat Nigeria has reacted to recent reports that its former UAE owner and affiliate has demanded that it stops trading under the Etisalat Brand....


This is who will benefit from the planned listing of government assets on the stock exchange

This is who will benefit from the planned listing of government assets on the stock exchange

As part of efforts to stimulate the Nigerian capital market, the Federal Government will divest its holdings in petrochemical companies through the stock market....


A troubling pattern is emerging as CBN designates Etisalat as “systemically important telco”

A troubling pattern is emerging as CBN designates Etisalat as “systemically important telco”

The Central Bank of Nigeria earlier in the week took the reigns at embattled Etisalat, forcing a resignation of the current board and appointing...


Cement cabal wants to “reduce” cement prices “soon”

Cement cabal wants to “reduce” cement prices “soon”

During a visit to the Presidential villa to invite Acting President Yemi Osinbajo to commission one of his cement factories, Alhaji Abdulsamad Rabiu said...


7UP reports N10b loss and won’t pay dividends for first time in 5 years

7UP reports N10b loss and won’t pay dividends for first time in 5 years

A spike in raw materials cost has caused 7UP Nigeria Plc to record  a N10.7 billion loss before tax for the financial year ended March...


This is a copy of the FG approved National Gas Policy

This is a copy of the FG approved National Gas Policy

Last week the Federal Government approved the new National Gas Policy. The new Gas Policy’s main objectives is to transform Nigeria from a crude oil...


FYI: These are so far the 3 best (and worst) stocks in Nigeria in 2017

FYI: These are so far the 3 best (and worst) stocks in Nigeria in 2017

Take a bow or take your...


Did MTN just drop hint of an impending IPO in Nigeria?

Did MTN just drop hint of an impending IPO in Nigeria?

MTN Nigeria’s planned listing on the Nigerian Stock Exchange (NSE)may open a new chapter in the Nigerian capital market. Nigeria and Africa’s largest GSM...


Transcorp Hotels, poised to benefit from Heirs Holding $100m Afrexim Facility

Transcorp Hotels, poised to benefit from Heirs Holding $100m Afrexim Facility

Heirs Holding Ltd, the investing vehicle owned by Nigerian Billionaire, Tony Elumelu last week reported that it had secured a $100 million facility from...


What Dangote Cement could do with the Afrexim $1 billion facility

What Dangote Cement could do with the Afrexim $1 billion facility

Last Friday (June 30th 2017), AfreximBank announced that it had reached an agreement to provide a facility up to about $1 billion to Dangote...


Twitter Nigeria erupts with tales of woe about the Nigerian Stock Market

Twitter Nigeria erupts with tales of woe about the Nigerian Stock Market

A thread started by Nairametrics founder Ugo Obi-chukwu @ugodre erupted into a tale of bitter stories about experiences of Nigerians investing in the Nigerian...


This is a comprehensive report on the state of African Hotel market

This is a comprehensive report on the state of African Hotel market

Hotel development activity in Africa is still rising in the face of the continent’s economic problems, showing a 13 per cent increase in 2017,...


Another Bailout? CBN/NCC said to take up board position in “New Etisalat”

Another Bailout? CBN/NCC said to take up board position in “New Etisalat”

In what appears to be yet another twist in the Etisalat Nigeria saga, the Federal Government through the Central Bank of Nigeria (CBN) and...


Are foreign investors avoiding Nigeria’s hotel sector?

Are foreign investors avoiding Nigeria’s hotel sector?

Recent reports of a “crash” in foreign investments into Nigeria’s hotel sector are rather wide of the mark. Here is why; A general decline...


Could these be why Chellarams is pivoting into milk production   

Could these be why Chellarams is pivoting into milk production   

In a notice sent to the Nigerian Stock Exchange (NSE) today, Chellarams Plc announced a delay in its annual financial statements due to ongoing...


Unilever has revealed details of its rights issue, so we did a quick take on whether to buy, sell or hold

Unilever has revealed details of its rights issue, so we did a quick take on whether to buy, sell or hold

Unilever Nigeria Plc finally released details of its N58.8 billion rights issue on Wednesday, June 28. 2017. The company is offering 1.96 billion shares...


Looks like these factors may have brought the bulls back

Looks like these factors may have brought the bulls back

The Nigerian Stock Exchange closed on Wednesday, the first trading day after the holiday with a 1.67% pop. The snaps off a three-day losing...


PWC, KPMG, E&Y, Deloitte earn N 6.4 billion in audit fees from Nigeria’s biggest companies

PWC, KPMG, E&Y, Deloitte earn N 6.4 billion in audit fees from Nigeria’s biggest companies

Data from some of the biggest quoted companies by market capitalization in Nigeria reveals the big 4 audit firms earned a whopping N6.4 billion in...


Atlas Mara is bullish on Union Bank

Atlas Mara is bullish on Union Bank

Atlas Mara, an investment bank promoted by Bob Diamond and Asish Thakkar appears bullish on one time banking giant Union bank, as it plans...