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Nigeria Parallel Market Exchange Rate Daily

Naira retains rate against US Dollar at N362

Naira retained its value against the US dollar at $1/₦362 compared to its closing price on Friday at the Parallel market. It also maintained its value against the Pound Sterling and Euro at ₤1/₦473 and €1/₦400, respectively.
blockchain technology

Blockchain is on its way to making the world a better place

How could blockchain technology work towards the betterment of the world as we know it? Well, let's find out by clicking the link below.
Start-ups Funding Rounds

Common legal mistakes start-ups make

Common legal mistakes start-ups make
Treasury Bills

Yields rise as liquidity thinned in pre-MPC trading

The bond market remained scantily traded, with yields on the benchmark bonds trending higher by c.6bps as demand interests remained relatively weak.
non-outperforming economies

This new report from McKinsey ranks Nigeria among least performing economies.

McKinsey Global Institute has ranked Nigeria and 10 other emerging countries among the non-outperforming economies.
Lafarge Africa provides grant for startups, Lafarge Africa’s latest earnings report reveals 8.5% decline in gross profit , Lafarge Africa gets new CFO one month after resignation of former finance director 

4 things to consider about the Lafarge Africa rights issue

Following the consolidation of Lafarge’s operations in Nigeria and South Africa, the company has reported negative earnings.
International Women’s Day, Only these 6 countries treat men and women equally in the world

Only 6 countries treat men and women equally in the world

From pre-colonial days to the current century, the role and status of Nigerian women have continued to evolve in Nigeria.
Meyer paints, Meyer Plc appoints new Chief Financial Officer, Meyer appoints Rotimi Alashe, FIRS shutdown Meyer Ikeja Paint Factory

Too early to dive into Portland Paints

Portland Paints Plc has struggled over the years, largely due to finance costs.
What Nigeria may have bargained with Emefiele's reappointment

What Nigeria may have bargained for with Emefiele’s reappointment

Godwin Emefiele's reappointment as CBN Governor has surprised Nigerians, amidst earlier reports that a different candidate might succeed him.
Nigeria’s Pension Fund Asset Value

Pension contributors hit 8.5m, but statistics still show worrying signs

The summary of Pension Fund Assets shows that Pension contributors hit 8.56m in February 2019. When compared to the 8.4m plus contributors that had been maintained since December, there's an increase.

Differences between an Angel Investor and a Venture Capitalist explained!

Venture capitalists tend to have financial management or professional investment backgrounds, while angels tend to be former or current entrepreneurs.
ETF

Why Nigerians Should Invest in Foreign Exchange Traded Funds

ETF is an index fund or basket of securities that are listed and traded on the stock exchange.
Nigerian Stock Exchange, Beta Glass, Forte Oil, Transcorp lead gainers chart on Wednesday, Law Union, AIICO, Honeywell top gainers’ chart on Wednesday 

Nigerian Stocks gain N400 billion in February

The stock market opened the month of February at a market capitalisation of N11.424 trillion and closed at about N11.868 trillion.
Tech Roundup

Tech News Roundup: Paystack, Google, Arik Air all in the news

Welcome to Nairametrics’ weekly tech news roundup.
Blockchain

Blockchain: A 3 minutes explanation

Let me first start from what I think the problem Blockchain solves. Think about the files on your computer, the digital files on your...
Photo by Steve Johnson on Unsplash, bond funds, money market

How to choose between investing in bond funds, money market funds or savings bonds

How to choose between investing in bond funds, money market funds or savings bonds
Stocks to watch

Have these banks on your watchlist this week

Stocks to watch comprises the top gainers and losers from the previous week.
This Is the Portion of Your Salary Exempted/Deductible from Tax

This Is the Portion of Your Salary Exempted/Deductible from Tax

The Personal Income Tax Act was amended in June, 2011, to address some of the issues with the previous act.
Sugar Surge in Nigeria

Dangote Sugar blames weaker than expected Q2 earnings on smugling and Apapa Gridlock

Dangote Sugar Plc has blamed its weak 2018 Half year results on a combination of smuggling of unlicensed sugar and the bad roads in...
Lafarge Africa provides grant for startups, Lafarge Africa’s latest earnings report reveals 8.5% decline in gross profit , Lafarge Africa gets new CFO one month after resignation of former finance director 

This cement stock has dropped to a 5 year low

Cement giant, Lafarge Africa, hit a 5-year low of N11.50 in yesterday’s trading session on the Nigerian Stock Exchange.
Health and Economic implications of the Tobacco Control Bill, can there be a truce?

The health and economic implications of the Tobacco Control Bill

Nigeria is between Passing the bill for the health of its people or reviewing it for the economic side.
World Bank, Mineral

Time for A Nigerian To Preside Over the World Bank

Nigeria has been known all over the world for various reasons, the good, the bad and at times, the ugly.
Nigerian stocks, Buy Sell Hold, results

Buy/Sell/Hold: Fix your eyes on these stocks for next week

Stocks on our Buy/Sell/Hold list are drawn from gainers and losers.
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.
Stock, stock, trading, Nigerian-stocks

Understanding stock trading orders

Stock investing is so different from going to the market to buy groceries or electronics.
Seplat Petroleum

Oil and gas billionaire Avuru, sells shares

Seplat informed the investing public of a share transaction involving its CEO, Austin Avuru.
minimum wage in Nigeria, How to save money in 2019, ATM, NIP, NBS, CBN, Inflation, Interest Rates

Nigerians prefer low interest rates over lower inflation rates

Nigerians have indicated that they prefer interest rates to fall, while inflation rate rises, if given the chance to choose between inflation and interest rates.

Competition drags ABC Transport into the Abyss

ABC Transport's recent financial records aren’t exactly impressive.
Mr Gbededo speaking to Nairametrics

Why Flour Mills applied for a power generation license

Nairametrics had a brief chat to the Group Managing Director of Flour Mills of Nigeria Plc Paul Gbededo during the #NES24.
Nigerian Pension Fund

Nigeria’s abysmal Pension System, where only 12% of workers have pension accounts

Only 8.41 million Nigerians currently contribute to the Contributory Pension Scheme.