Wapic to raise N15 billion share capital ahead of NAICOM's deadline

Analysis: WAPIC is running out of time

In its latest results, Return on Average Equity was a paltry 6% (8% annualized), significantly poor when you consider the company’s potentials.
Why Airtel's IPO is not for you.

Analysis: Airtel is winning the data war

Through aggressive and appealing advertising, it reported that “during the period, 4G data usage increased by almost 20 times.” Airtel’s Data revenue now accounts for 31% of Airtel Nigeria revenue, compared to 22% in the prior year.
fintechs, commercial banks, Events in FinTech industry in 2019, Nigeria's fintech industry 2020: The growth frontier of the new decade

CBN OMO Blues: Your FinTech saving app could suffer bigly

The latest CBN restriction on OMO bills could negatively affect FinTech apps
PZ Cussons Nigeria Plc Full-year 2019. PZ Cussons’ revenue declines by 0.55%  

PZ Cussons and its sticky pattern of losses

There is a familiar pattern that has reared its head every first quarter, since at least 2016 at PZ Cussons and it’s getting us puzzled
Devaluation relief: Nigeria is set to gain big from Saudi Aramco Attack

Devaluation relief: Nigeria is set to gain big from Saudi Aramco Attack

Whilst this is bad news on a global scale, Nigerian may inadvertently stand to benefit from it, albeit in the short term.
Access Bank and Union Bank, Securities and Exchange Commission Nigeria, SEC might nullify Access Bank and Diamond Bank merger, Access Bank and Diamond Bank, Access Bank to acquire Kenyan bank seven months after merger with Diamond Bank 

Access Bank recover N14 billion in bad loans after merger with Diamond Bank

Access Bank recover N14 billion in bad loans after merger with Diamond Bank

Faltering Guinness pays bumper dividends but Diageo rakes in billions in royalties

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
What UACN decision to un-bundle UPDC means for its shareholders

What UACN decision to un-bundle UPDC means for its shareholders

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.
Finance Minister, President Muhammadu Buhari, AFCTA

5 things Buhari’s new Finance Minister must do within 100 days

5 things @MBuhari's new Finance Minister @ZShamsuna must do within 100 days
International Breweries beer war, Guiness Nigeria becomes latest casualty as alcoholic companies get pummeled by Buharinomics 

Beer Wars: International Breweries takes number 2 market share from Guinness Plc

Beer Wars: International Breweries takes number 2 market share from Guinness Plc
Development Policies

OPINION: Development policies should focus on producers, not consumers

The strongest voices on Africa's development economy are often in favour of policies intended to prioritize low consumer prices and view development policies with suspicion.
Why MTN share price may have peaked

Why MTN share price may have peaked

MTN Nigeria listed on the Nigerian Stock Exchange on the 16th of May 2019 immediately making it one of the hottest stock in the...
Breaking News, Godwin Emefiele, Senate confirms Emefiele's re-appointment for second term

BIG TROUBLE: CBN’s N650 billion ‘crisis’ explained

Last week, the Central Bank of Nigeria scrambled to respond to a leaked tape that alleged a huge fraud had occurred at the apex...
MTN listing

MTN will join these 3 stocks in the Trillion Naira Club (TNC)

As MTN prepares to list on the Nigerian Stock Exchange later this week, the stock is expected to catapult straight into the trillion naira club list.
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...
Nigerian youth

Pension contributions from Nigerians under 30 dwindling at an alarming rate

Pension Fund contributors aged less than 30 years now make up a smaller number of pension contributors, going by the data released by the National Pension Commission.

Why Eko Hospital wrote off nearly N1 billion

Ekocorp Plc, the owners of the embattled Eko Hospital recently released its financial statements for the year ended December 2017. Turnover increased slightly from...
A cross section of shareholders at GT Bank's AGM.

How a judgement debt could affect GT Bank shares and your deposits.

On Thursday, Innoson Ltd tweeted that the Supreme Court of Nigeria struck off the ‘motion for stay’ filed by Guaranty Trust Bank (GTB) while...
Photo by Hans Veth on Unsplash

Watch Out Stock Market, Corporate Bonds are taking over

According to data from Security and Exchange Commission, the very first corporate bond issued in Nigeria was by The Broadcasting Corporation of Nigeria. It...
Hourglass by Aron visuals- unsplash.com

Time is running out for Courteville’s business model

On Monday, April 16th, 2018, the share price of Courteville Business Solutions Plc reached its lowest level in five years, closing at ₦0.20 against...
Photo by James Sutton on Unsplash

Bottom Line: Honeywell smells really good but….

Two years ago, Honeywell was facing a financial crisis, the type it had not faced in recent times. It reported a loss of N3...

Bottom Line: Unilever, equity is expensive for this price

 It's been a wonderful year for Consumer Goods Businesses in Nigeria.   Flashback three years ago it was all hell raising for the Consumer Goods Sector....

Bottom Line: Sheraton Hotel Abuja, Too much cash no value

Ever heard of Capital Hotels Plc? Well, they own Abuja Sheraton Hotels. Capital Hotels is in turn owned by Ikeja Hotels Plc, the owners...
Photo by Ahmed Ashhaadh on Unsplash

Bottom Line: C&I Leasing is in bed with debt

C&I Leasing: Whenever a company reports profits backed by strong operating cash flows it excites my senses. In a world where profits and cash...