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charges, USSD, code, Banks, CBN, LDR, CRC Credit Bureau, Disrupting Nigerian banks, MTN’s USSD charge is not with our consent - Banks’ CEOs 

Uproar as Banks, Telcos introduce charges on the use of USSD code 

Deposit Money Banks (DMBs) in Nigeria have introduced charges on the use of USSD (Unstructured Supplementary Service Data) code for banking services. 
Licensed Micro-finance Banks

Ugodre explains all you need to know about the CBN’s rate cut

tHE Founder and Publisher of Nairametrics, Mr Ugo Obi-Chukwu, used his Twitter page to explain the implications of CBN's recent cut of MPR rate.
Stephanie Idolor finally gets N2m for making the viral schoolgirl video

Stephanie Idolor finally gets N2m for making the viral schoolgirl video

Stephanie Idolor, the young Nigerian woman who videotaped the young schoolgirl that was sent out of school for failure to pay her tuition, has finally been compensated.
Thriving businesses around Allen Avenue’s commercial sex hub

Thriving businesses around Allen Avenue’s commercial sex hub

Apart from the notorious sex work that Allen Avenue is known for, Nairametrics understands that there are other activities people engage in at night to chase survival.
Access Bank Plc

Don’t let people make you think less of yourself – Herbert Wigwe

Nigerian billionaire and CEO Access Bank Plc, Herbert Wigwe, has advised his followers on the importance of always believing in themselves.
L-R, Non-Executive Director Dangote Cement Plc, Emmanuel Ikazubor, Chief Executive Officer of The Nigerian Stock Exchange (NSE) Oscar Onyema, Group Managing Director/ Chief Executive Officer Dangote Cement Plc, Engr. Joseph Makoju, Non-Executive Director Dangote Cement Plc, Ernest Ebi, Group Chief Finance Officer Dangote Cement Plc, Brian Egan, at the Dangote Cement Plc Closing Gong Ceremony, Floor of Nigerian Stock Exchange Lagos on 6th June 2018.

Daily update on Treasury Bills, Bonds, Forex, oil price and more

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as T-bills, bonds, FX rates, inflation, oil price.
MTN Nigeria Plc

The CBN vs MTN logjam could have ripple effects – Analysts

As the conversation continues about the CBN order requiring MTN to repatriate $8.1 billion to Nigeria as well as the sanctions imposed on 4 banks,...
Billionaires

A breakdown of how some billionaires gained and lost money last week

The NSE All Share Index declined by 12.42% to close out the month of August. What this means, therefore, is that people lost money; including some billionaire investors lost money.
financial security, Financing for Small Business, Financing for Small Business, Why having a growth plan is important for your business, Here’s how to SWOT your way to competitive advantage, Reasons your business might be struggling even when you’re making profits, How to choose the right co-founder for your startup

Financing for Small Business

A small business is “small” with limited capitalization and fewer options to raise cash to finance operations.
Avengers: Endgame

Nigerians spent N304m in one week just to watch the ‘Avengers: Endgame’ film

The Marvel blockbuster film 'Avengers: Endgame' apparently has lots of Nigerian fans, because available data has shown that the film grossed N304 million across Nigerian cinemas in its first opening week.
World Bank, Mineral

World Bank cites Nigeria and others as causes of slowed growth in Africa

The World Bank, yesterday, disclosed how slowed economic growth in some key African economies - Nigeria, South Africa, and Angola - is affecting the rest of the continent.
the largest billboard in the world

FCT Minister halts construction of world’s biggest billboard in Abuja

The original location of the billboard was earlier disapproved by FCT authorities because it was close to an area mapped out for the new city gate.
MTN Nigeria, NCC

Here’s why ATCON has issues with CBN’s decision on MTN

The Association of Telecoms Companies of Nigeria (ATCON) has voiced support for their member, while criticising the apex bank's decision. 
Cadbury Nigeria Un-audited Interim Financial Information, OK Foods Limited has sued Cadbury UK Limited

OK Foods Limited is suing Cadbury for N260 million over trademark claims

OK Foods Limited has slammed Cadbury UK Limited (the parent company of Cadbury Nigeria Plc) with a N260 million lawsuit following Cadbury's claim of trademark violation by the plaintiff.
Lagos clears tankers for Buhari

Lagos clears tankers off roads as President Buhari prepares to visit

There has been an unexpected removal of all the tankers and other heavy duty trucks that typically constituted hazards on major roads in the city-state.
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 

CBN clears air on Diaspora Remittances, official inflows $2.6bn not $26bn 

The Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the country was $2.6 billion and not $26 billion
financial security, Financing for Small Business, Financing for Small Business, Why having a growth plan is important for your business, Here’s how to SWOT your way to competitive advantage, Reasons your business might be struggling even when you’re making profits, How to choose the right co-founder for your startup

Reasons your business might be struggling even when you’re making profits

When you started your small business, you probably weren’t instantly generating sales or revenue.
Cadbury Nigeria Un-audited Interim Financial Information, OK Foods Limited has sued Cadbury UK Limited

OK Foods Limited is suing Cadbury for N260 million over trademark claims

OK Foods Limited has slammed Cadbury UK Limited (the parent company of Cadbury Nigeria Plc) with a N260 million lawsuit following Cadbury‘s constant claims of trademark violation by the plaintiff.
Akin Alabi, Value selling,

NairaBet’s CEO has an interesting business idea for you

The Founder and former CEO of NairaBet, Akin Alabi, recently shared a new business idea via his Twitter page, whilst urging his followers who are capable of it to harness the idea.
Oando Plc, Wale Tinubu, Oando Plc posts N13.1 billion PAT in Q3, up by 26% 

Wale Tinubu pivots into Music with JAT Records as he celebrates birthday

Neither Oando or the SEC is stopping Wale Tinubu from celebrating his birthday and sharing his excitement of his new career.
Cheng-Fa Nigeria Limited

A Chinese company just got shut down in Lagos; here’s why

Aokete Lighting Electronics Ltd has been sealed off by a special task force of the Importers Association of Nigeria over an alleged illegal business operation in the country.
Peavey discusses the problems and opportunities of Nigeria’s meter asset provider regulation 

Peavey discusses the problems and opportunities of Nigeria’s meter asset provider regulation 

Dallas Peavey discussed the opportunities Nigeria’s Meter Asset Provider (MAP) regulation could avail Nigerians.  
Entrepreneurship isn't all that glamorous - Jason Njoku

Entrepreneurship isn’t all that glamorous – Jason Njoku

Nigerian entrepreneur and CEO of Iroko TV, Jason Njoku, recently took to his Twitter page to make it very clear that entrepreneurship is not a glamorous affair.
Shell OML 11

Shell plans $2 billion investment in Kano Electricity Distribution Company

Global oil giant, Shell, is set to invest $2 billion in Kano Electricity Distribution Company in the next three years.
Federal Government to introduce new laws for online businesses, What business owners need to know about balance sheets, Why investors should understand the basics of financial statements

Why investors should understand the basics of financial statements

One can rightly say that financial statements are the tools with which investment decisions are made.
CBN, Key lending rate, CBN to boost creative industry with N22 billion , CBN increases LDR to 65%, sets December deadline, External reserves drop by $3.2 billion in Q3’19 , Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion 

CBN says milk importation “NOT BANNED”, blows hot on powerful Nigerians

@cenbank has revealed that milk importation is not banned as against widespread reports.
Uber set to take advantage of Lagos waterways with UberBoat 

Uber set to take advantage of Lagos waterways with UberBoat 

After months of anticipation, Uber has finally expanded its operation in Nigeria by launching a boat service called UberBoat.
Gokada shutdown

GoKada to add luxury yacht service to its operations

Nigerian on-demand transportation company, Gokada, recently added luxury yacht service to its services.
NIPP, GenCos to halt supply if NBET insists on new service charge, Gencos want Discos’ job as it seeks to sell electricity directly to customers , Nigeria secures $210 million facility to boost power infrastructure 

NERC sets out key plans for 2019

NERC has highlighted some of the key regulatory initiatives which it hopes will position the electricity market for growth.
Bitter leaf

This Nigerian student has invented a bitterleaf machine

There is a new invention in Nigeria- a bitterleaf processing machine.