Staff salaries rise to N631 billion per annum for Nigeria’s largest corporations

Analysis of top-paying company salaries per staff in Nigeria
CBN, Key lending rate, CBN to boost creative industry with N22 billion , CBN increases LDR to 65%, sets December deadline, External reserves drop by $3.2 billion in Q3’19 , Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion 

Nigeria’s manufacturing sector contracts, as key components shrink 

The CBN Purchasing Managers’ Index shows that Nigeria’s manufacturing sector slowed down in the month of September 2019. 
Expatriates

Expatriates are leading some of Nigeria’s biggest companies 

In Nigeria, foreign workers, who like to be called expatriates, live in the choicest areas and often times, lead some of the biggest firms.
How So Fresh founder dumped oil money to sell fruits and salads 

How So Fresh founder dumped oil money to sell fruits and salads 

Balogun's decision to quit a high paying job to sell fruits was a rational move because the job did not bring him contentment.
Academy Press Plc

One of Nigeria’s oldest publishing houses is worth less than a million dollars 

It may surprise you to know that Academy Press Plc, which is one of the oldest and “biggest” publishing houses in the country, is currently valued at less than a million dollars. 
Understanding Derivatives as investment products

Understanding Derivatives as investment products (1)

The Nigeria Stock Exchange has engaged the collaboration of JP Morgan Chase, to bridge the knowledge gap on derivative instruments.
CBN advise government to adopt "Big Bang approach" to fixing economy

CBN advises government to adopt “Big Bang approach” to fixing economy

CBN says VAT IS "too little" and called for "BIG BANG" approach
Nigerian government, Nigeria, Nigeria's rising debt, ER Podcast, Buhari, Apapa gridlock

ER Podcast: Buhari’s economic team Vs Osinbajo’s NEC; The battle of the Executive

On this episode of the #ERPodcast, @iamnotjustakuki, @Mr_Abara and @Sammyinfinity examine the impact of the CBN's new cashless policy, the recently set up Economic Advisory Council by President Buhari, and..
The Afrocentric Sounds are revitalizing the British Music industry and the Economy

The Afrocentric Sounds are revitalizing the British Music industry and the Economy

The truth is that Afrobeats is not only spreading but is also mutating even in the Queen’s own Country.
diaspora bond

How Diaspora Bonds Work and Benefits

All you need to know about Diaspora Bond and how you can tap into it to make more money. #Bonds #Money #Diaspora
Greenwich NSE, Dangote lauds Buhari over Economic Advisory Council Africa’s richest man and President of Dangote Industries Limited, Alhaji Aliko Dangote, has lauded the President Muhammadu Buhari over the formation of the Economic Advisory Council (EAC). Dangote commended the president for constituting a council that will advise him on the nation’s economic growth and overall development. He said the move was a proactive one capable of elevating Nigeria’s economy to greater heights. Speaking during the inauguration of the new secretariat of the Chemical and Non-Metallic Products Employers Federation, the billionaire urged the Federal Government to take advantage of the rare opportunity to strengthen the economy and put the country on the path of growth, job creation and competitiveness. https://punchng.com/dangote-hails-buharis-economic-advisory-council/ Dangote also hailed the members of the council calling them tested and respected patriots. According to him, they were independent and ever willing to put the country’s interest first and ahead of themselves. Recall that Nairametrics reported that President Muhammadu Buhari constituted an Economic Advisory Council (EAC) that was disclosed in a press release signed by the Special Adviser to the President on Media and publicity, Femi Adesina. https://nairametrics.com/2019/09/16/breaking-buhari-constitutes-new-economic-advisory-council-as-soludo-rewane-make-list/ Those who made the list are Prof Doyin Salami as the chairman, Dr Mohammed Sagagi as Vice-Chairman of the Council and Dr Mohammed Adaya Salisu as the Secretary. Other members are Prof Ode Ojowu, Dr Shehu Yahaya, Dr Iyabo Masha, Prof Chukwuma Soludo, and Mr Bismark Rewane. What you should know: The advisory council will replace the current Economic Management Team (EMT) and will be reporting directly to the President. The Economic Advisory Council will be tasked to advise the President on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues working with the relevant cabinet members and heads of monetary and fiscal agencies. Similarly, the team will have monthly technical sessions as well as scheduled quarterly meetings with the President. However, the Chairman may request unscheduled meetings if the need arises.

Stock Market: 52.5% of firms failed to pay dividend in 2019 

Eighty-seven, out of the 170 quoted companies on the Nigerian Stock Exchange failed to pay dividends to their shareholders in 2019.
Revenue Reserves and Dividends, Using Earnings to Select Stocks, Dividends

Understanding Optional Dividends

An optional dividend is a dividend where shareholders have the ability to choose between two or more forms of payment.
Used Cars and Motorcycle importation

Nigeria’s auto-policy in tatters as Cars and Motorbike importation hit N1 trillion

Recent data obtained from the NBS show that between the first quarter of 2018 and the second quarter of 2019, Nigeria had spent the total sum of N1.03 trillion to import used vehicles and Motorcycles in less than 2 years
investments, how to measure the performance of your investments., Here are ways to ask family and friends to fund your business - PART 2 

Here are ways to ask family and friends to fund your business – PART...

Friends and family members that invest in your business want a say in how things are done, investors will want to protect their investment.
Lagoon and Blue Ocean narratives of Nigerian Insurance sector - Report 

Lagoon and Blue Ocean narratives of Nigerian Insurance sector – Report 

A recent report by Coronation Research has rated insurance penetration in Nigeria at 0.31%, which is extremely low.
Buhari inaugurates new NEC, Monthly allocation, FAAC disbursed the sum, FG to review revenue sharing formula, Nigerian Oil Producing States

Nigerian Oil producing States shared N302 billion in 7-months

Data obtained from the National Bureau of Statistics has shown that the Oil Producing States in Nigeria shared N302.8 billion from the federal government through the 13% derivation principle.
Baker Magunda, Guinness Nigeria Plc, Baileys, Why Guinness is a stock to pick - RenCap 

Why Guinness is a stock to pick – RenCap 

 Rencap indicates Guinness Nigeria Plc remains a major top pick in the brewery segment of the Nigerian Stock Exchange.
Keyman Insurance

This is why Nigerian firms need Keyman Insurance

The way keyman insurance works is that a company buys a life insurance on the key person and the company pays the premium.
Zainab Ahmed, N24.9 trillion debt, FG to borrow N1.7 trillion to finance 2020 budget – Finance Minister , VAT Increment: Afrinvest exposes sharing formula of N479.7b expected revenue , Nigeria’s VAT Increase: Penny-Wise, Pound Foolish, Nigeria spends N1.11 trillion to service debt in half year 2019 , Nigeria needs $100 billion annually to fix infrastructural deficit – Finance Minister , Oil: Nigeria makes N5.4 trillion in 1 year 

Nigeria spends N1.11 trillion to service debt in half year 2019 

Nigeria spent a whooping N1.11 trillion to cover debt service obligations in the first six months of the year 2019.
Nigeria's inflation rate, Nigeria's Inflation rate drops

Nigeria’s Inflation rate drops to 11.02% in August 2019 despite border closures

Nigeria’s  inflation rate has dropped again to 11.02% in August 2019. This was revealed in the latest inflation report released by the NBS. According to the NBS report, inflation dropped lower than the 11.08% recorded in July
Trans-Nationwide Express Plc

With $1 million, a delivery startup could acquire Trans-Nationwide Express Plc 

It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.
How Federal Government plans to increase VAT to 7.2% affects you

Buhari constitutes new Economic Advisory Council, as Soludo, Rewane, make list

Pesident Buhari has constituted an Economic Advisory Council. The advisory council will replace the current Economic Management Team and will be reporting directly to the President.
Nigeria's crude oil

U.S returns to Nigerian Oil, imports N349 billion crude oil in three months

U.S returns to Nigerian Oil, imports N349 billion crude oil in three months
CBN Entrepreneur loan, 7 Tips for Financing Your New Business

7 Tips for Financing Your New Business

If you want to start your own business but don’t have the funding, you can still get it off the ground.
Devaluation relief: Nigeria is set to gain big from Saudi Aramco Attack

Devaluation relief: Nigeria is set to gain big from Saudi Aramco Attack

Whilst this is bad news on a global scale, Nigerian may inadvertently stand to benefit from it, albeit in the short term.
Stock to watch this week, Airtel Africa

Infinity Trust leads this week’s NSE watchlist

Infinity Trust Mortgage Bank Plc leads this week's stocks to watch on the @nsecontact
How your stocks performed last week

How your stocks performed last week

How your stocks performed last week
Huawei to rival Android with new operating system amidst US ban, Huawei

Huawei competes with Apple, announces release date for new smartwatch

Barely days after Tech Company, Apple released its new line of products, ranging from the iPhone 11 series to the Apple Watch Series 5, Huawei has announced the release date of its smartwatch. 
Reasons I prefer women to manage economy - Buhari 

Reasons I prefer women to manage economy – Buhari 

President Muhammadu Buhari has disclosed that he assigned women in strategic positions of his government, such as the financial sector, to ensure effective management of limited resources available and promote a stronger sense of inclusiveness.
Nigeria's top 10 exports, Top trading partners

Nigeria’s total Foreign Trade hits N8.6 trillion in Q2 2019, up by 4.4%

Nigeria’s total foreign trade (value of exports and imports) hit N8.60 trillion in the second quarter (Q2) of 2019, up from N8.24 trillion recorded...