A young man hawks biscuit in Lagos traffic

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, Headline inflation jumps to 11.61% in October on border closure

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

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 investing, Steps to developing a growth plan for your business

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 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: Palmpay, Carbon, Page, Okash, other start-up fintechs wrestle banks 

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.
Zenith Bank GMD Ebenezer Onyeagwu, Central Bank of Nigeria, CBN's loan-to-deposit ratio policy, Nigerian Stock Exchange NSE stocks, Banks in Nigeria, Deposit Money Banks 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.
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 

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

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.
MTN Nigeria share price, MTN Nigeria court case, MTN Nigeria cyber attack, MTN Nigeria loses N700 million to cyber attack, MTN Nigeria denies cyber attack, MTN Nigeria financial statement, MTN Nigeria listing, EFCC raid MTN Nigeria, MTN Nigeria list on NSE, Nigerian Stock Exchange, MTN AI for Mobile Money

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 Group 

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.
Verve, DEAL: Visa to acquire 20% stake in Interswitch, valuing it at $1 billion 

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. 
Behold! Some NSE’s oldest firms, A look at the secret behind Chinese companies’ success in Nigeria

A look at the secret behind Chinese companies’ success in Nigeria

China’s economic exploits across Africa have continued to fascinate observers.
Cars45 CEO, Etop Ikpe, Import duties, Nigerian customs, Border closure, Nairametrics news, Business news

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.
Nigeria Customs Service shuts 272 car marts over smuggled car sales , Automobile dealers, Customs at loggerheads over vehicle smuggling, import duty , January 2020 is no terminal date; Borders will remain shut after then - Customs , FG bans fuel supply to border petrol stations, order threatens businesses, jobs, Ban on fuel distribution to border filling station begins to affect network providers , Nigeria Customs Service wants FG to impose this tax on petrol importers , Experts lament rising inflation over border closure  

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, Border closure might collapse economies of African countries - Trade expert, Bamidele Ayemibo

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 , Nigerian Breweries

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.
crude oil theft

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.  
NSE moves to protect investors’ data , Ekiti, Osun, Delta, Imo, 9 others raise over N500 billion bonds in 10 years 

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 

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.
Sarah Alade

Buhari appoints former deputy CBN Governor as Special Adviser on Finance, Economy

Buhari appoints former deputy CBN Governor as Special Adviser on Finance, Economy
MTN Nigeria shares, Airtel Afrrica shares, Glo subscribers, 9mobile subscribers, Internet speed, Data war heightens, as 311,183 subscribers dump Glo, 9mobile 

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.  
Steps to investing, Steps to developing a growth plan for your business

Steps to investing

Steps to investing
stock, shares, Equity Market down by 0.6% on Monday, Quoted Companies post N4.2 trillion combined profits since 2015, Stockbrokers in Lagos are shifting focus to commodities as stocks underperform

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.
Wapic to raise N15 billion share capital ahead of NAICOM's deadline

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.
Disrupting Nigerian banks, Evolution of Nigerian banks in 59-years , GTB, UBA, Zenith, Access Banks’ salary advance loans, Can a company operate without a website in 2019? , Banks refund N3.09 billion to customers over claims on excess charges, fraud, others  , Bank CEOs applaud NCC’s decision to suspend USSD charges, GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR, Banking: Evolving trends in the bankers’ market, GTBank, Access, FBNH, Standard Chartered wrestle over women entrepreneurs 

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.
Live and work in Canada

How to Apply for Canadian Permanent Residency from Nigeria on Your Own

How to Apply for Canadian Permanent Residency from Nigeria on Your Own
Cashew & Cocoa Exporters may face dilemma as Vietnam engages Nigeria in Trade romance 

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

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