Recent data obtained from the NBS show that between the first quarter of 2018 and the second quarter of 2019, Nigeria had spent the total sum of N1.03 trillion to import used vehicles and Motorcycles in less than 2 years
NPF Microfinance vs C&I Leasing: A tale of two rights offer
A recent report by Coronation Research has rated insurance penetration in Nigeria at 0.31%, which is extremely low.
Nigeria spent a whooping N1.11 trillion to cover debt service obligations in the first six months of the year 2019.
The Managing Director and Chief Executive Officer, Infinity Trust Mortgage Bank Plc, Dr. Olabanjo Obaleye, has said that the mortgage industry is faced with several bottlenecks that need the urgent attention of the..
It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.
The Nigerian National Petroleum Corporation (NNPC) is about to secure a $2.5 billion Pipe-line Financing agreement from China in the next six months.
United Capital share price has crashed by 35%
There are reasons why it may be wrong to compare VAT in Nigeria with that of other countries. Our VAT is not a proper VAT.
Whilst this is bad news on a global scale, Nigerian may inadvertently stand to benefit from it, albeit in the short term.
The latest foreign trade report released by the National Bureau of Statistics (NBS) shows that Nigeria saved N670 billion on the importation of Premium Motor Spirit (Petrol) in half-year 2019.
As the September 30th deadline set by the Central Bank of Nigeria (CBN) for banks to maintain a 60% minimum loan-to-deposit ratio approaches, reports show thirteen (13) banks in Nigeria disbursed loans to customers to the tune of N15.9 trillion between January and June 2019.
The National Bureau of Statistics (NBS) has released the report of the telecoms industry for half-year 2019. The report contains the market share of each service provider across states in the country.
Nigerian Companies spent about N11.3 billion as charitable donations for the year ended December 2018 compared to about N10 billion a year earlier.
The latest capital importation data released by the National Bureau of Statistics (NBS) shows that foreign investors from fifty-two countries across the globe shipped $14.30 billion worth of investment inflows into Nigeria in half-year 2019
Foreign Investors abandoned 27 States, as Lagos and Abuja attracted $5.8 billion
Champion Breweries Plc, a Nigerian brewer keeps lagging behind in the midst of actual champions, thereby calling its rather powerful name into question.
Access Bank recover N14 billion in bad loans after merger with Diamond Bank
Thanks to fintechs, Olumide can now easily access a quick loan whenever he needs one, without having to stake the whole world as collateral
The likes of Wizkid, who had already penned a deal with Sony RCA back in 2017, has begun to collaborate with more A list American artists like Ty Dolla $ign, Chris Brown, Goldlink, Swae Lee, Metro Boomin, and Offset.
Whilst shareholders about 42% of them will have to make do with only 4.8% dividend yield, the same cannot be said of Diageo, the parent company with 58% ownership of Guinness
The latest GDP report from the National Bureau of Statistics (NBS) shows Nigeria’s agricultural sector suffered a major setback as it posted the slowest growth in the last one year (4 consecutive quarters).
How do you explain going from revenue of N11.7 billion per annum to N2.3 billion in 5 years? In fact, try explaining going from a profit of N3.5 billion to an astonishing loss of N10.9 billion. This, unfortunately, has been the story of UPDC Plc.
UAC of Nigeria Plc has decided to spin off its stake in real estate subsidiary UPDC Plc, after turn around efforts failed.
The Federal Government (FG) deducted an accumulated sum of N122.4 billion from the monthly allocation due to thirty-five (35) states in Nigeria between January and July 2019.
There is no love lost between operators of football viewing centres and bar owners. The animosity between them has silently been on the rise over the years
Last week, the Nigerian Electricity Regulatory Commission, NERC, announced plans to raise electricity tariffs across the country, starting next year
PMI: Cement and pharmaceutical products top best performing businesses
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