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.
Guinness Nigeria

Guinness Nigeria Plc: Strong growth in tough Full Year 2018

Guinness Nigeria has released FY18 results showing a 14% increase in net sales

Analysis: Julius Berger and Government Magic

The company expects revenue to grow to ₦210 billion, to be spurred by government contracts valued at ₦500 billion

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...

Words on the street suggest the stock market is in a dangerous corner

The Nigerian stock market has reversed all the gains it made earlier this year. Currently, the market has turned negative and it appears this...

These stocks have posted returns higher than their sector GDP growth rate

Key Highlights Real Quarterly GDP Growth - 1.95% Quarter- on- quarter Reduction - (0.16) Aggregate...
Caverton Group financial report, Nigerian Stock Exchange financials

Caverton Helicopters is in for good times, but…

Last month, Caverton Offshore Support Plc unveiled eleven newly acquired helicopters, and by so doing, increased its total fleet to seventeen. This move is...
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-

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...
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Ray Dalio

A Billionaire recommends 3 Strategies to Create Wealth

Ray Dalio, founder of Bridgewater Associates, has pointed out to young investors three strategies they should adopt inorder to create wealth.
World Bank

Why World Bank blacklisted CCECC, 5 other Chinese firms

The Chinese energy company, CRCC Petroleum and Gas Company Limited and 5 other companies have been blacklisted by the World Bank. 
Ministerial list

President Buhari assigns portfolios to all 43 ministers [Full-List]

President Muhammadu Buhari has finally assigned portfolios to all the forty three (43) ministers.