pension plans

Here’s a look at how Nigeria’s Pension Fund performed in Q1 2019

The latest pension statistics have shown that the Nigerian Pension Fund asset crossed the 9 trillion mark in the first quarter of 2019, a feat that analysts have largely attributed to the growing awareness campaigns which have influenced the willingness of Nigerians to take their retirement plan seriously.
Stock to watch this week

Ellah Lakes takes the first spot in this week’s watchlist

Ellah Lakes Plc takes the first spot in this week's stocks to watch on the @nsenigeria
Corporate Actions

CORPORATE ACTIONS: More Drama and a New MD

Here is a rundown of corporate actions expected on the @nsecontact this week
Google made a whooping $4.7b from news content in 2018

Google made a whooping $4.7 billion from news content in 2018

Google reportedly earned as much as  $4.7 billion in 2018 from news contents comprising of the works of news publishers accessed by readers via search and Google News.
Aliko Dangote

Dangote’s NASCON Allied Industries Plc moves operation from Apapa

NASCON Allied Industries Plc has moved some of its operations away from the  Apapa area of Lagos to Oregun and Port Harcourt.
Domino's Pizza

Domino’s Pizza confirms it has invested over N10 billion in Nigeria

Eat'N'Go Limited's CEO, Patrick McMichale said they have invested over N10 billion in Nigeria. Find out how.
Gainers and Losers, Nigerian Stock exchange

Forte Oil leads this week’s gainers on the Nigerian Stock Exchange

@forteoilng was the best performing stock on the @nsecontact for the trading week ended June 15, 2019

Sam Amadi vs Eyo Ekpo twitter tirade explained

The controversy pertaining to the sudden reduction in electricity tariffs few months to the 2015 elections, was resurrected recently when Eyo Ekpo, then a...
Summer Transfer Window

Here’re the top ten football signings so far, across Europe

The Summer transfer window has barely been opened and huge signings have already been made across the European continent. Real Madrid and Barcelona have so far been dominant in this regard.
Godwin Emefiele

CBN is going after any company that imports banned items

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its owner, and top management caught smuggling or dumping any of the restricted 43 items into Nigeria.
Central Bank of Nigeria

Nigeria Customs Service changes exchange rate from N305 to N326

Latest development suggests the Central Bank of Nigeria (CBN) may finally allow the Nigerian naira to be floated and freely determined by market forces from the currently pegged N305/1$.
Saving Money

INSIGHT: Here’s a reliable way to save money from your monthly salary

Developing the habit of saving money consistently is one of the most difficult things to do on the planet. There are a lot of reasons why this is so.
Nigerian Export

Top 10 items imported and exported from Nigeria

The latest trade data recently released by the National Bureau of Statistics (NBS), contains some interesting information about the products that were imported and exported by Nigeria during the first quarter of 2019. 
Bank Charges

A look at how you can minimise your bank charges

Nigerian banks are profitable entities, as evidenced by their annual financial statements and the performance of the banking index. However, one aspect of the banking industry in Nigeria many people dislike is the fact that the bank charges seem to be a lot and on the high side.
Bolt launches Bolt for Business

Is this the new way Bolt (Taxify) drivers rip-off their customers?

A Bolt customer recently cried out on social media after one of the companies drivers overbilled her the sum of N12,200 for a trip that was supposed to cost N800.
June 12

M.K.O Abiola: From bank clerk to multi-millionaire CEO and national icon

The Abiola story is a tale of conviction, determination and demonstration of sagacity— how a young man who entered into business at the tender age of nine (selling firewood to neighbours) went on to study accounting, graduated with a first class degree and built a fortune worth millions of dollars doing business. #DemocracyDay
Top women

The global beauty industry is making billionaires out of female entrepreneurs

Makeup and skincare products continue to rank among the most contemporary essentials used by women all over the world, as they continue to explore options that would help to enhance their skins and images. 

Nigerian Steel Industry is getting crushed by smuggling

That the Nigerian steel manufacturing sector, arguably the most critical element in the nation’s industrialisation drive, is massively threatened by smuggling and racketeering, is a development government should worry about.

CBN reports it has “floated” the Naira

@centbank signaled it has floated naira, which implies that the Naira exchange rate will now be fully determined by market forces of demand and supply.
Air Peace apologise, Air Peace plane incident in Port Harcourt International Airport, Boeing 737 Max crash, Air Peace crash, Ethiopian Airlines crash, Lion Air crash, Allen Onyema, Chairman and CEO Air Peace

Investigation exposes how Air Peace allegedly shields its aircraft from probe

The Accident Investigation Bureau (AIB) has accused Air Peace of committing several safety infractions due to its persistent failure to report serious accidents and incidents involving its aircraft in the Nigerian Airspace.

A look at Nigeria’s top ten exports in the first quarter of 2019

According to a recent data released by the National Bureau of Statistics (NBS), Nigeria's total trade grew by 2.5% in the first quarter of 2019, and 7.5% relative on a year on year basis, with exports valued at N4.5 trillion.
Should I quit my job to start a business?

Should I quit my job and start a business? Yes, if you pass these...

Are you ready to quit your day job to run a business of your own? This is a question most entrepreneurs often find themselves struggling to answer. If you are one of them, here are four things you must consider. 
Fragrance Oils Business in Nigeria

Young Nigerians are making quick money selling fragrance oils

Ever so often, we witness the establishment of many low-funded businesses, as people find ways to make money or create side incomes for themselves. In Nigeria, small businesses can arguably be referred to as the bedrock of the economy.
Corporate Actions

CORPORATE ACTIONS: ‘Saved’ by the Courts

Here is a rundown of corporate actions expected on the @nsecontact this coming week
Aliko Dangote

Why Dangote thinks provision of consumer credit facility is necessary

Africa's richest man, Aliko Dangote, is on a mission to ensure that every Nigerian consumer is availed access to consumer credit facilities. According to him, this is a good step towards eradicating corruption in the country.
Oando to join Wale Tinubu's suit against SEC

Oando shares rebound by 5.26% as stock market ends in negative territory

@Oando_PLC share price bounced back by 5.26% at the end of the week after a frustrating seven days ushered in by the corruption and market abuse report of @SECNigeria

Top 10 tech-hubs that’s affordable for Lagos Startups

Here is an exclusive list of some of the leading yet affordable hubs to check out when you eventually resolve to tap from the endless benefits in work-space sharing.
Nigerian Stock Exchange

Nigerian Stocks had an awful Thursday

The Nigerian Stock Exchange ended Thursday's trading session in negative territory. The All Share Index closed at 30,527.07 basis points, down 1.30­­­­­%.

Oando vs SEC: Why Oando will fight tooth and nail to save Wale Tinubu

How they respond to the stark allegations from SEC is critical to winning the argument in the court of judges and lawyers as well as the court of public opinion. 
Why MTN share price may have peaked

Why MTN share price may have peaked

MTN Nigeria listed on the Nigerian Stock Exchange on the 16th of May 2019 immediately making it one of the hottest stock in the...


Central Bank of Nigeria

CBN is set to recapitalise Nigerian banks again

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced that the apex bank is set to recapitalise Nigerian commercial banks.
Julian Osula, Julian's Luxury

Meet Julian Osula, the billionaire who disrupted traffic with a helicopter

Finally, the identity of the billionaire that disrupted traffic along Lagos-Benin Expressway has been revealed.
NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank in its 2018 financial statements disclosed a staff defrauded the bank of N230 million.