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Analysis of companies, stocks, investments, products and services, economy, budgets, business decisions in the Nigerian economic space.

Access Bank and Diamond Bank

Why Access Bank is acquiring Diamond Bank

Nairametrics confirms that a merger deal between Access Bank Plc and Diamond Bank will be announced on or before Close of Business Monday, December...

CBN to lose N7.6 billion in tax payers money for selling dollars to Hajj...

The Central Bank of Nigeria has issued a circular instructing commercial banks to sell dollars to Pilgrims going to the Hajj at an exchange...
CBN Gov Godiwn Emefiele

It’s Official: CBN Floats The Naira, The Implications For You And I

The Central Bank Governor has just announced a full float of the Naira in a press conference in Abuja. The CBN Governor informed a...
Guinness Nigeria AGM

List of Dividends announced so far in 2018 (Updated November, 22 2018)

List of Dividends announced so far in 2018
Diamond bank

This Should Give You Sleepless Nights If You Have Anything To Do With Diamond...

Ratings Agency S&P Global has issued its latest opinion on the financial health of Nigeria's Diamond Bank Plc. The bank was basically downgraded to...

Nigeria: Daily Official Exchange Rate Tracker (Updated 16/9/2016)

Official exchange rate of the Naira and three major world currencies.

Why Our Result Was Disappointing – Dangote Flour Mills

  Dangote Flour Mills released its 2013 9 months results with the company posting a pre-tax loss of N8.4billion. The results was as disastrous as...

NIGERIA: Daily Parallel Market Exchange Rate (December 18th 2018)

Parallel market exchange rate between the Naira and three of the world's major currencies.

NIGERIA: Exchange Rate Today (20/6/2016)

The price didn't drop as expected as the new floating regime took effect today.

Is Nigeria really practising Democracy?

Democracy ought to refer to ‘government of the people, by the people and for the people. By this simple definition, a layman can easily...

On The Brink: First Bank’s Latest Results Confirms Our Worst Fears….

FBN Holdings Plc, Nigeria’s largest lender is at the brisk of collapse as Non Performing Loans (NPLS) hits 18.90 percent, crossing the 5.0 percent threshold set by the regulators.

List Of Banks That Meet CBN’s Criteria For Primary Market Dealers (FXPDs)

The Central Bank revealed guidelines for its new flexible exchange rate policy on Wednesday following the press conference by the CBN Governor, Godwin Emefiele....
Nigerian business websites

Websites of biggest Nigerian companies ranked worst to best 

In Nigeria, business owners who understand the importance of good websites are willing to spend millions of naira to get one.

Frequently Asked Questions: Nigeria’s New Exchange Rate Policy

Flexible Exchange Rate Policy; Frequently Asked Questions.   A new dawn in Nigeria's exchange rate policy was ushered in on Monday June 20th by the Central...

These Are The Nigerians Benefiting From The Fall Of The Naira

The Naira has plunged more than 70% in the black market when compared to the parallel market since the Central Bank adopted its "managed...

What My Aboki, Buzu, Said I Should Do If I have Dollars

We have been inundated with messages from our readers asking about what they should do with the forex they currently have considering the new...
CBN Gov Godiwn Emefiele

Oops: Buhari Approved N250 to $1

According to an exclusive report from Reuters
How young Nigerians 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. 

8 Bogus Expenses suggests why Wapic shareholders may be stuck at 50kobo

Wapic Plc, a Nigerian Insurance Company recently declared dividends of 3kobo per share out of an earnings per share  of about 10 kobo. The...

Nigeria’s vehicle population data reveals towering opportunities

The National Bureau of Statistics revealed that as at the third quarter of 2017, Nigeria had about 11,547,236 motor vehicles...

What We Now Know About The CBN ‘Email Fraud’

It is becoming clearer how the recently suspended Deputy CBN Governor was scammed by fraudsters. Last Friday, the CBN issued a press release that...

How Brexit Affects Nigeria…

People talk about political earthquakes. The UK's decision to end its relationship with the European Union is not so much an earthquake, just for...

Analysis: GTB’s Cost Cutting Compared To Other Tier 1 Banks

If there is one thing Guaranty Trust Bank is very good at, it is their remarkable ability to be very cost efficient. For several...

Household food survey: Ijebu Garri prices spike by 45% in two weeks

Bi-weekly prices of household food items in Lagos State.

Difference Between WDAS & RDAS

The Central Bank recently introduced sweeping Foreign Exchange guidelines that is expected to eliminate or drastically reduce money laundering as we approach another election...

Here is How Much You Pay as Electricity bill in Your State

The Federal Government in January 2016, introduced new electricity tariffs raising rates by a whopping 40%. The government explained that this was necessary to...
Side Hustle Business

15 Lucrative businesses one can own as a side hustle

Many people are looking to leave their 9 to 5 job for something that feeds their passion or something that supplements income from their regular jobs.

Here Is Why Devaluation Could Be Catastrophic For First Bank

Another round of devaluation of the naira will compound the woes of Fist Bank Plc as over 50 percent of the lender’s spiralling non...

Results Are In: Nigeria’s New Official Exchange Rate After Currency Float

The official floating of the Naira opened at the Interbank on Monday, 20th of June after decades of a Naira peg by successive Nigerian...

Where to Invest N1, 000,000 Right Now

Nigerians have always been fascinated by thoughts of being millionaires.
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