Superstores in Nigeria: Can SPAR and Shoprite’s business models keep them afloat?
The two superstores worthy of note in Nigeria are Shoprite and SPAR.
Can Meyer Plc run with the competition ?
Meyer Plc, yesterday announced the appointment of a new Managing Director, Mr Devashish Lash, effective February 1st, 2019.
The company also announced the resignation of its Chief Financial Officer (CFO), Kehinde...
Are tech talents Africa’s ‘new export’?
Recent trends are indicative of a growing foreign interest in the African software ecosystem.
Preparing for a blockchain led future
A recent Deloitte survey shows that 21% of senior executives, who know about blockchain, agree that their companies are already building on the blockchain technology.
Notable businessmen who changed the political game in 2019
In retrospect, we look back at the 2019 election, with special focus on some of the business executives who ventured into politics by running for various elective positions.
January’s huge inflow into FBN Money Market Fund underscores search for yield
Analysis on the inflows and outflows into and from Nigerian mutual funds, shows that FBN Money Market Fund attracted the largest inflow in January, 2019.
This is how to bid for CBN’s March 2019 Treasury Bills auction
Buying treasury bills is one of the safest forms of investment.
Top 10 high-yield money market funds that beat inflation in Nigeria
Sometimes, the fear of poor stock market performance forces conservative and risk-averse investors to sit on their cash...
Tier one banks top this week’s watchlist
Stocks to watch comprises the top gainers and losers from the previous week, as well as companies having corporate actions.
Stocks to watch is not...
Corporate Actions: 65 kobo and results in the pipeline
Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impact on the firms themselves or shareholders.
Examples of...
Africa Prudential tops losers list following mark down
This week was a negative one, as the Nigerian Stock Exchange, All Share Index closed down 2.45%. The index opened at 31,924.51 basis points and closed at...
Coronation Merchant Bank team give overview of the economy and their operations
Nairametrics had a chat with the management team of Coronation Merchant Bank, consisting of the GMD,Mr Abubakar Jimoh, the Head of Research, Mr Guy Czatoryski, and others.
P&ID’s Hedge Fund purchase underscores fiscal and monetary risks to Nigeria
The Nigerian Government could be forced to pay the company, P&ID, US$9.0 billion, or otherwise face freezing of US dollars.
African Prudential could be worth more than N4.55
Africa Prudential Plc currently has a market capitalization of N4.8 billion.
Are all blockchains the same?
The blockchain technology has been applied across several spheres. And this has birthed many different “blockchains” which perform special tasks.
Banking Stocks to watch this week
Stocks to watch this week comprises the top gainers and losers for the previous week, as well as companies that would be having corporate...
Visionscape Municipality Bond default and the need for credit default Swaps
Municipality Waste Management Contractors Limited, promoted by Visionscape Sanitation Solutions Limited, has failed to pay the N4.5 billion coupon interest
GTBank, Zenith rake in over N30 billion from Electronic Business fees
Two of Nigeria's biggest banks, Zenith Bank and GTBank, reported record-high profits of N193 billion and N184.6 billion in 2018.
Corporate Actions: N184 billion and Double Rs
Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have an impact on the firms themselves or shareholders.
Examples...
Visionscape Municipality Bond Default Explained
Last week, reports confirmed that a subsidiary of Visionscape Sanitations Solutions Limited may have defaulted on N4.5bn coupon payment due on March 4th.
Wema Bank takes the top spot this week
The Nigerian Stock Exchange closed this week’s trading session in positive territory, albeit marginally. The All Share Index ended this week's trading session at...
African Alliance rebrands with a new strategy that targets the youths
African Alliance Insurance Plc has unveiled a new corporate identity with a new logo and strategic direction that targets the youths.
On this day, we celebrate top Nigerian women in business
Today is International Women’s day, a global, annual event specially dedicated to celebrate women and their many accomplishments.
Phone Swap: Phone retailers losing business segment to black market
Before you walk into a phone retail shop for a phone swap, ensure that you are not quick to anger and you are an individual with few words, because the response of the staff in charge will probably push you over the edge.
How to Apply for Canadian Permanent Residency from Nigeria on Your Own
We live in a world where we have many more opportunities today than we did yesterday. So many people can move, travel and build...
JPM coin: What it is and what it means for Cryptocurrency
The introduction of JPM Coin is a win for cryptocurrency, as it lends legitimacy to Bitcoin.
This is what you get if you buy the March 2019 FGN Savings Bond
You can subscribe for as little as ₦5,000
Day-light robbery behind Apapa gridlock
What used to be a friendly gesture has now metamorphosed into daylight robbery.
FOCUS: These companies aren’t generating wealth for shareholders
There are more than a hundred companies whose securities are listed on the Nigerian Stock Exchange. But not all of them generate wealth for investors.
Access and Diamond Bank head this week’s watchlist
Stocks to watch this week is picked from companies having corporate actions as well as those that topped the gainers and losers chart in the previous...
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List of successful applicants for TEF 2019 announced
See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director
Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
How to make $1bn from a single product in Nigeria
Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.