Opinions

NPL ratio for the Nigerian banking sector was down 2.6ppts q/q to 6.7% in Q3 2019 from 9.3% in Q2...

Advertising, Nigerian banks' expenses on advertising

NPL: Banks recover N738.15 billion from oil and gas sector in Nigeria

by Bamidele Samuel Adesoji

The Central Bank of Nigeria’s drive to solve liquidity challenges in Nigeria’s financial sectors is already paying off as banks...

Nigeria’s Bluechips spend N114 billion on advertising, marketing in 2019

by Research Team

According to the data, ABMP spend annualized for 2019 is about N114 billion compared to N116.394 billion spent in 2018...

Op-Eds

Lessons for Nigeria from Saudi Aramco

by Kalu Aja

The Saudi Aramco (the Saudi NNPC) is, in my mind, the best example of how a state-owned energy company should...

No foreign exchange for food and fertilizer importers - Buhari, Gas project, Buharinomics, Buhari, metric, FG okays N100 billion for the completion of Kano Free Trade Zone , Nigeria saved N670 billion from Petrol Importation in half year 2019 , The Chicago Boys of Nigeria, Buhari signs Production Sharing Contract (PSC) Amendment Bill into law , Nigeria generates N876.09 billion in 9-month, as revenue shortfall poses threat

Nigeria generates N876.09 billion VAT in 9-month, as revenue shortfall poses threat

by Bamidele Samuel Adesoji

December 2, 2019

The latest report released by the National Bureau of Statistics disclosed that Nigeria generated a total sum of N876.09 billion...

PFAs make N1.69 trillion ROI , Pension Contributions in Nigeria rose by N169.9 billion in 3-month , PenCom calls for thorough scrutiny of dead RSA holders’ benefits, PenCom discontinues Employee Death Benefit Account , PFAs boost investment in infrastructure by N17.77 billion in one year , Pension: Low RSA balances - a subtly growing concern, PENCOM boss queried for spending unapproved funds, N5 billion on 360 staff in 8-month , How negative performance in the capital market affected PFAs in 2019, PenCom seeks pension bonds to clear N400 billion arrears as retirees groan, PenCom set to offer pension bonds to offset unpaid pension arrears, Is the pension asset just another cookie jar?, PenCom threatens companies with no insurance covers for their staff , PENCOM Notifies RSA holders on the mandatory data recapture exercise

Market Views

Pension: Low RSA balances – a subtly growing concern

December 2, 2019

Not less than 109,284 workers within the Nigerian labour force have quit the Contributory Pension Scheme (CPS) as of the...

Op-Eds

Branding jollof rice

by Kalu Aja

November 30, 2019

I am not interested in who invented Jollof Rice, I am interested in how Nigeria can gain economically from it,...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Why you should be worried about the latest drop in external reserves

by Bamidele Samuel Adesoji

November 29, 2019

The CBN confirmed the external reserves stood at $39.8 billion, the first time it has dropped below $40 billion in...

Dangote Sugar Plc, Dangote Sugar’s 9 months results show slight decline in profit , Dangote Sugar Refinery: Revenue recovers but cost pressures remain, Dangote Sugar Plc appoints new company secretary

Company News

Dangote Sugar Refinery: Revenue recovers but cost pressures remain

November 29, 2019

Dangote Sugar in its recently released 9M 2019 financials reported a marginal y/y growth in revenue to N117.4 billion in...

Access Bank tells customers to pay N50Stamp Duty

Market Views

Government reviews stamp duty charge