Diamond Bank's merger with Acess Bank

Access Bank merger: This is what will happen to your Diamond Bank Deposit

Echoes of banking failures in the past have left many Nigerians wary of news concerning a merger.

Deal: Access Bank to merge with Diamond Bank to form Nigeria’s largest bank

It was celebrations galore at Access Bank over the weekend as the Nigerian Tier 1 bank hosted its annual Xmas party for staff, business...
Stocks to watch

3 banking stocks to have on your radar this week

Stocks to watch comprises the top gainers and losers of the prior week, companies that released results after trading, as well as those with corporate actions,...
Access Bank and Diamond Bank

Why Access Bank is acquiring Diamond Bank

Nairametrics confirms that a merger deal between Access Bank Plc and Diamond Bank will be announced on or before Close of Business Monday, December...
United Capital Plc

Corporate Actions: Half a billion ‘frozen’, retirements and a New ED

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...
Access Bank Plc

How people doubted us because we were young – Herbert Wigwe

Herbert Wigwe, in an interview with Peace Hyde on My Worst Day, touches on a wide variety of issues.

Oil companies top gainers and losers for the week

The NSE All-Share Index depreciated by 0.63%, opening at 30,866.82  and closing at 30,672.79 basis points.
ATM, NIP, NBS, CBN, Inflation, Interest Rates

This payment channel had the highest value of transaction in Q3 2018

The National Bureau of Statistics (NBS) has released the Selected Banking Sector Data for Q3 2018.
Inflation, private sector loans, NBS

Inflation rises by 11.28% year on year in November

Figures from the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report show Nigeria's inflation rose by 11.28% year on year in November...
Nigerian stocks, Buy Sell Hold

This is why AIICO Insurance is a HOLD

Stocks on our Buy/Sell/Hold list are drawn from the gainers and losers of the previous week.
Seplat Petroleum

This oil and gas billionaire has plotted his exit

Chief Executive Officer (CEO) of Seplat Petroleum Development Company (commonly known as Seplat), Austin Avuru, seems to be planning ahead of his retirement. In an interview with Thisday Style Magazine,...
Sheraton Abuja hotel

Why Capital Hotels paid over N500 million as damages to an ex guest

Capital Hotels Plc stated that it had the sum of N560 million deducted from its account with Guaranty Trust Bank.

Foreign Direct Investment nears 2015 high in Q3 2018

Capital imported into the country fell by 48% to $2.8 billion.

This tech stock has hit a 5 year low

Chams Plc hit an all-time low in yesterday’s trading session on the Nigerian Stock Exchange. The stock opened at N0.22 and closed at a 5 year low...

Product Review: The Nigerian Cigarette market has only one winner

Figures from the World Health Organization show that over 1.1 billion people light up cigarettes worldwide

NAHCO has surmounted 2017 headwinds

NAHCO Aviance commenced operations on April 4, 1979, with operations at the Muritala Mohammed International Airport (MMIA).
How would you spend your Xmas bonus?

How would you spend your Xmas bonus?

Nairametrics samples opinions from different Nigerians, and then suggests how one can spend an Xmas bonus.
VFD Group Limited

See how VFD Group plans to reposition Nigeria’s economy

VFD Group Limited recently held its 2nd AGM in Lagos, during which the board of directors obtained shareholders' approval to raise capital for expansion purposes.
Inflation, private sector loans, NBS

Nigerian banks and the under utilisation of human resources

Nigeria is a country blessed with abundant supply of human resources. Unofficially, there are upward of 200 million people in Nigeria.
Notore PLC

These companies may benefit from the CBN’s latest FX policy

The Central Bank of Nigeria (CBN) Governor Godwin Emefiele, made good his threat to add other items to the list of those banned from the official exchange market.
Nigerian Military

Official: Nigeria spends N1.2 billion only on imports of Arms and Ammunition

Nigeria's military spending rose by a whopping 2,138% for the third quarter of 2018, one of the highest seen in recent years. This was contained...

Meet the CEO of Nigerian company with the highest share price

A typical example of such stocks is Nestle Nigeria Foods Plc, which yesterday ended trading on the Nigerian Stock Exchange at N1,485. The company's CEO is Mauricio Alarcon.

Nigeria’s Vehicle, Aircraft & Vessel import jump 891% in Q3 2018

The National Bureau of Statistics released its 2018 Third Quarter Foreign Trade Statistics report showing Nigeria's import bill rose to N4.1 trillion representing a...
Afromedia billboard

Company Profile: How Afromedia Plc became a shadow of itself

Outdoor advertising companies such as Afromedia Plc typically charge millions of naira just display products on billboards across Nigeria.
Stocks to watch

Keep these 4 stocks in view for this trading week

Diamond Bank leads the stocks to watch for the trading week ended December 14 2018, by virtue of a 56% gain last week.
United Capital Plc

Corporate Actions: New MDs and a rights issue

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 of...
Conert in Lagos

Top events to look out for this December

The year is gradually coming to an end. This period offers us that opportunity to take stock of your activities during the year and also set targets for the coming year 2019.
Nigerian stocks, Buy Sell Hold

Why Diamond Bank and Seplat have a HOLD recommendation

Stocks on our Buy/Sell/Hold list are picked from the gainers and losers of the prior week.
Paint Brands, Product Review

Product Review: Big brands dominating Nigeria’s Paint market

In Nigeria, paint manufacturing companies have been in existence since the early sixties.
Real Estate in Lagos

Who is to blame for real estate scams in Lagos?

Housing is one of the basic needs of all humans. Over the years, the surge in population of the nation’s commercial centre,