How Federal Government plans to increase VAT to 7.5% affects you
Why the Federal Government plans to increase VAT and how it could affect you if the National Assembly approves.
FinTech Wars: Access Bank reveals how much it lends daily as payday loans
Nigerian Banks are in stiff competition with FinTech startups over what is regarded as the highly lucrative Quick Loan Segment.
These billionaires are set to cash out as banks pay interim 2019 dividends
As part of our tracking of Nigerian billionaires and their money, Nairametrics brings you a complete list of how much some executives in Zenith Bank Plc, Access Bank Plc, United Bank for Africa Plc, and Guaranty Trust Bank Plc will earn from dividends.
Zenith Bank, Dangote Cement, MTN top list of CSR donations in Corporate Nigeria.
Nigerian Companies spent about N11.3 billion as charitable donations for the year ended December 2018 compared to about N10 billion a year earlier.
FUGAZ banks maintain lead in the banking industry
@gtbank and @zenithbank continue to run neck to neck among the FUGAZ Banks in H1 2019.
This brewer keeps struggling to win as Nigeria’s beer war rages on
Champion Breweries Plc, a Nigerian brewer keeps lagging behind in the midst of actual champions, thereby calling its rather powerful name into question.
Access Bank recover N14 billion in bad loans after merger with Diamond Bank
Access Bank recover N14 billion in bad loans after merger with Diamond Bank
Keep your eyes on the ‘U’ stocks this week
@myaccessbank tops this week's watchlist on the @nsecontact as the bank will hold an investor call today following the release of its H1 2019 results.
Caught in the buzz: The economics of Nigeria’s “Yahoo Yahoo”
Osaz, a former yahoo boy familiar with the operations of internet fraudsters, explained the sequence of activities to Nairametrics.
Seplat has a ‘HOLD’ recommendation for next week
@stanbicibtc has a hold recommendation for next week's trading session on the @nsecontact
Five quick loan fintechs that banks should be worried about
Thanks to fintechs, Olumide can now easily access a quick loan whenever he needs one, without having to stake the whole world as collateral
Nigeria received $5.82 billion capital inflows in Q2 2019, down by -31.41%
Nigeria received $5.82 billion capital inflows in Q2 2019, down by -31.41%
Car-hailing business: InDriver threatens Uber’s and Bolt’s operations with its pricing model
Though Uber (@Uber) and Bolt (@Boltapp_ng) changed the taxi system in Nigeria, both companies have a pricing method that isn't fit for a country that is prone to traffic congestion like Nigeria.
Faltering Guinness pays bumper dividends but Diageo rakes in billions in royalties
Whilst shareholders about 42% of them will have to make do with only 4.8% dividend yield, the same cannot be said of Diageo, the parent company with 58% ownership of Guinness
Slow down in Agric GDP Growth rate suggests Buhari’s Agro-policy is failing
The latest GDP report from the National Bureau of Statistics (NBS) shows Nigeria’s agricultural sector suffered a major setback as it posted the slowest growth in the last one year (4 consecutive quarters).
The easiest way to invest in Nigeria from Diaspora
The situation in the country is hard, and as the middle-class grows, the number of emigrants from Nigeria increases in tandem.
Relationship talks: Money questions you must ask
Money questions you must ask in relationship talks
Two factors that could trigger a stock market rebound by year end
@Nairametrics' @Ugodre recently had an interview with the Head of Frontier Research at EFG Hermes, Kato Mukuro about the state of the @nsenigeria
What UACN decision to un-bundle UPDC means for its shareholders
How do you explain going from revenue of N11.7 billion per annum to N2.3 billion in 5 years? In fact, try explaining going from a profit of N3.5 billion to an astonishing loss of N10.9 billion. This, unfortunately, has been the story of UPDC Plc.
MultiChoice risks loss of revenue as rivalry between football viewing centres and bars intensifies
There is no love lost between operators of football viewing centres and bar owners. The animosity between them has silently been on the rise over the years
Nigeria’s GDP slows to 1.94% in Q2 2019, as non-oil sector contracts
Nigeria's GDP slows to 1.94% in Q2 2019, as non-oil sector contracts
Meet the woman winning in a male-dominated paint market
Omolara Elemide was recently appointed as the Acting Chief Executive Officer of CAP Plc, the paint manufacturing subsidiary of Nigerian conglomerate, UAC of Nigeria Plc.
Banks, hotels, manufacturers brace up for 31% rise in electricity tariffs
Last week, the Nigerian Electricity Regulatory Commission, NERC, announced plans to raise electricity tariffs across the country, starting next year
Prices of rice, frozen chicken, tomatoes and others jump as border closure bites hard
Prices of rice, frozen chicken, tomatoes and others jump as border closure bites hard
Debts-Revenue Quagmire heightens, as 10 States in Nigeria owe N2.74 trillion
Ten states in Nigeria have accumulated biggest debt profiles above N100 billion each. Collectively, these highly indebted states owe both external and domestic debt to the tune of N2.74 trillion.
How Sim Shagaya revolutionalised the traditional method of commerce in Nigeria
@SimShagaya is one of the few discerning people who have been able to use the opportunities provided by internet technology to become success stories in the Nigerian e-commerce space.
MTN blows past Dangote Cement as number 1 in August 2019
MTN Nigeria added a whopping N1 trillion to its market cap in three months, blowing past Dangote Cement as number 1 stock on the Nigerian Stock Exchange.
9Mobile loses over 200,000 users in one month as Airtel tops MTN Nigeria, Glo
The struggle continues for 9Mobile as its number of subscribers fell for two years straight since the change of ownership from Etisalat Nigeria in July 2017.
Illegal data reduction: Communication Minister gives a stern directive
It seems relief is on the way for data subscribers in Nigeria who have continually groaned and complained of frequent data depletion and overpriced data subscriptions often perpetrated by service providers.
FG bows to pressure, ready to negotiate with P&ID firm over $9 billion U.K judgement
The Federal Government of Nigeria has made an unexpected U-turn over the $9 billion (N3.5 trillion) judgment involving Nigeria and British Firm – Process and Industrial Developments Ltd (P&ID).