Inflation: Lagos, other western states, worst hit by the border closure
The data also reveals states in the Western parts of Nigeria have been hit hardest by the border closure recording the highest rise in food inflation for the month.
Nigeria’s inflation rose to 11.61% in October 2019, highest in 17 months
Nigeria’s inflation increased to 11.61% in October 2019. According to the NBS report, inflation rose by 0.37% points, higher than the 11.24% recorded in September and 11.02% for August 2019.
Focus on Aluminium Extrusion Industries Plc and its declining 2019 performance
For Aluminium Extrusion Industries Plc, the only aluminium manufacturer currently listed on NSE, 2019 has not been such a good year.
Analysis: Why the stock market is rallying in November
Most analysts report read by Nairametrics suggest the recent rally is a combination of several factors which if sustained could prolong the rally.
Steps to developing a growth plan for your business
The best leaders have figured out how to overcome the complexity it takes to generate market growth. They have a growth plan.
Treasury Bill Investment: Ghana Vs Nigeria
Treasury bills are a form of IOUs issued by the governments of various countries aimed at monetary regulations and budgetary financing.
Fast loan: Carbon, Page, Okash, other start-up fintechs wrestle banks
Today, November 13, Palmpay, an African-focused mobile payment startup, will launch in Nigeria.
Analysis: Zenith Bank, cheap and cheerful
At N17.15 the stock is off its one-year low of N16 and still at one of its lowest share prices since 2017.
Implications of the new CBN stance on treasury bill sale to individuals
CBN has directed banks and other financial institutions to stop selling treasury bills to individuals and small firms with effect from November 29th.
Local rice floods major markets in Nigeria, as frozen food sellers lament low patronage
Locally-produced rice in Nigeria has gained huge momentum, as Nairametrics Research Team found that various brands of local rice have now flooded major markets in the country. As a result, the prices of local rice slightly dropped.
Analysis: MTN, buyer beware or aware?
MTN share price fell to N122 on Friday — the lowest since May 21, 2019, two days after its famed listing.
Halima Dangote appointed to head Commercial Operations of Dangote Industries Limited
Halima Aliko Dangote has been named the new Group Executive Director, Commercial Operations of Dangote Industries Limited.
DEAL: Visa to acquire 20% stake in Interswitch, valuing it at $1 billion
Visa is thought to be paying $200 million, valuing Interswitch at about N1 trillion. Helios bought 52 percent of Interswitch for $96 million in Dec. 2010.
A look at the secret behind Chinese companies’ success in Nigeria
China’s economic exploits across Africa have continued to fascinate observers.
Cars45 CEO explains how to increase demand for Made in Nigeria cars
Etop Ikpe is the Chief Executive Officer of Cars45, one of Africa’s largest digital automotive trading platform.
Economy: Still on the border closure
Col. Hameed Ali has ordered that petroleum products should no longer be supplied to filling stations within 20 kilometres to all Nigerian borders.
Border closure might collapse economies of African countries – Trade expert, Bamidele Ayemibo
Bamidele Ayemibo, a trade finance expert, has thrown more light on why Nigerians need to support Buhari’s decision to close Nigeria’s borders.
To protect margins, Nigeria’s top brewers are set to increase prices
Nigeria’s top brewers are considering increasing the prices of their products in a bid to survive.
Nigeria loses $41.9 billion to crude oil theft in 10 years
Nigeria lost $41.9 billion to crude oil and refined products theft between 2009 and 2019, a report obtained by Nairametrics disclosed.
Ekiti, Osun, Delta, Imo, 9 others raise over N500 billion bonds in 10 years
Governor Gboyega Oyetola would be engaging the capital market community on areas of support to finance projects and invest in the state tomorrow.
Cadbury’s Hot Chocolate Drink is scarce, and border closure could be responsible
Over the past couple of weeks, consumers across Lagos and beyond have been in search of Cadbury’s Hot Chocolate Drink beverage.
Buhari appoints former deputy CBN Governor as Special Adviser on Finance, Economy
Buhari appoints former deputy CBN Governor as Special Adviser on Finance, Economy
Data war heightens, as 311,183 subscribers dump Glo, 9mobile
Telcos in Nigeria are trying hard to offer quality services and affordable plans in a bid to outdo one another.
Quoted Companies post N4.2 trillion combined profits since 2015
Listed companies on the Nigerian Stock Exchange posted a combined profit after tax of about N4.2 trillion between 2015 and 2018.
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.
GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR
GTB, Zenith Bank, Access Bank, FBN, UBA and 10 others spent over N8 billion on their Corporate Social Responsibilities in 2018.
How to Apply for Canadian Permanent Residency from Nigeria on Your Own
How to Apply for Canadian Permanent Residency from Nigeria on Your Own
Vietnam visit threatens Nigerian cocoa exporters
The closure of Nigerian borders appears to be taking its toll on some countries, as Vietnam, approached Nigeria to take its rice at discounted rates.
Up in smoke: CBN rejects N432 billion in failed treasury bills bids
Following the OMO ban, Investors scrambled after treasury bills but the CBN rejected over N430 billion in bids