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

Import and Export

Top 10 Items Nigeria Exports and Imports

The National Bureau of Statistics released its latest foreign trade statistics which we reported here. The report contains some interesting data on import and...
MTN Nigeria, MTN gets CBN licence

How to buy MTN shares on the Nigerian Stock Exchange

It's official, Nigeria's largest GSM Company, MTN Nigeria, will be listed on the Nigerian Stock Exchange on Thursday 16th of May 2019.
CBN Gov Godiwn Emefiele

The New Flexible Exchange Rate Policy Details Explained

Today, the CBN jumped the shark and went for a float. This article explains what this all means.

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...

This Is The Full 2015 Nigerian Budget Speech (Updated)

The Budget office finally released the full transcript of the 2015 Budget speech which is much more comprehensive than the one earlier put up...
Access Bank and Union Bank, Securities and Exchange Commission Nigeria, SEC might nullify Access Bank and Diamond Bank merger, 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...
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.
Nigerian Immigration Service NIS jobs, National Information Technology Development Agency, NITDA begins investigation of Banks and NIS over data breach

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...

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...
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...
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. 
Investment options for salary earners - bank loan

Investment options for salary earners

Investment options for the salary earners #Investing #Entrepreneurs #Investment #Salary #Wages
NIGERIA: Daily Parallel Market Exchange Rate

NIGERIA: Daily Parallel Market Exchange Rate (August 23rd 2019)

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

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...

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: Exchange Rate Today (20/6/2016)

The price didn't drop as expected as the new floating regime took effect today.
MTN Nigeria share price, MTN Nigeria court case, MTN Nigeria cyber attack, MTN Nigeria loses N700 million to cyber attack, MTN Nigeria denies cyber attack, MTN Nigeria financial statement, MTN Nigeria listing, EFCC raid MTN Nigeria, MTN Nigeria list on NSE, Nigerian Stock Exchange, MTN AI for Mobile Money

Nigerian Stock Exchange explains why you can’t buy MTN shares

The Nigerian Stock Exchange has addressed growing frustrations from retail and portfolio investors about their inability to lay their hands on MTN shares.
A Jumia warehouse, Police, Castle Logistics

Analysts declare Jumia a “fraud” sinking its share price

Analysts declare Jumia a "fraud" sinking its share price
Sports betting

Economics of $2 billion Sports Betting Industry in Nigeria

There is no doubt that Nigerians love sports and it is no longer just about entertainment; it is also about making money.
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.
Medview Airlines to increase aircraft fleets, Medview Airlines get bank loan, Air Peace Boeing 737 Max

Medview Airline in financial trouble as Airpeace, Private Jets seize market share

It was January 2017 and one of Nigeria's leading aviation company listed on the Nigerian Stock Exchange. Medview Airlines listing on the exchange was...

Fintech companies to watch out for in 2019  

The disruption fintechs have brought about is certainly undeniable, even as their effectiveness is one of the qualities that have distinguished them.
Muhamadu Buhari

This is Nigeria’s 2018 Budget Breakdown

Capital expenditure (excluding transfers) higher by 22% from N2.36 trillion in FY2017 to N2.87 trillion.

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....
Sesame Seeds

Sesame seeds: Small seeds that could be Nigeria’s black gold

Sesame seeds is a flower plant that has a variety of relatives spread across Africa.

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...

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...
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GTBank, acquisition

GTBank in acquisition talks

Chief Executive Officer of GTBank Segun Agbaje has said that the bank is making plans to expand its market base beyond its present locations.
Frus, FBI, 80 Nigerians

FRAUD: FBI releases names of 80 Nigerians

Not less than 80 Nigerians have been put in the public domain by the United States Government over fraudulent activities, the FBI termed to be one of the massive frauds that have gone down in history.
FBI, Jenna

FBI’s list of 80 Nigerians indicted for fraud : Nigerians react

Following the FBI’s release of a list containing about 80 Nigerians who were involved in a money laundering case, Nigerians have taken to social media platform, Twitter to react and express their views on the matter.