CATEGORY: FEATURED

Oando Q2 Results Fails To Impress Me, What About You??

Oando Q2 Results Fails To Impress Me, What About You??

On the 24th of July, Oando hosts its Investors Conference Call in Edingburg Scotland with the hope of giving Investors an insight into the...


YAM & ELECTRICITY TARRIF INCREASE JUNE INFLATION TO 12.9%

YAM & ELECTRICITY TARRIF INCREASE JUNE INFLATION TO 12.9%

The Bureau of Statistics announced in its monthly Consumer Price Index for June that inflation rate year on year had increased from 12.7% in May to...


How To Calculate Vat Remittances In Nigeria

How To Calculate Vat Remittances In Nigeria

Value Added Tax is an indirect form of taxation that is based on the consumption pattern of individuals and companies. In Nigeria VAT is...



SKYE BANK 2012 Q2 REVIEW, TIME TO BUY THIS STOCK?

SKYE BANK 2012 Q2 REVIEW, TIME TO BUY THIS STOCK?

Skye Bank released its Q2 earnings and gladly did not disappoint. The bank kept up with impressive results recently released by Diamond Bank, UBA growing...


HOW MUTUAL FUNDS WORK IN NIGERIA – A SIMPLE GUIDE

HOW MUTUAL FUNDS WORK IN NIGERIA – A SIMPLE GUIDE

    What is a Mutual Fund? A mutual fund can be defined is an entity that pools cash from a variety of investors...


Why You Could Pay Tax For Using Your Computer To Stream Videos

Why You Could Pay Tax For Using Your Computer To Stream Videos

  In Nigeria as is most countries in the world, people are mandated to pay TV/Radio Licensing as a form of tax. In Nigeria,...


Stock Picks – Top Ten Bank Stocks That May Rise 49% By Year End

Stock Picks – Top Ten Bank Stocks That May Rise 49% By Year End

I find the recent top ten Banking Stock Review by StanbicIBTC Stock Brokers quite instructive. They highlight the risk the banks face if the Naira...


How To Value Your Business Using Ebitda Multiple

How To Value Your Business Using Ebitda Multiple

Supposing you own a business that you have nurtured for years and finally now decided it was time to sell it or have some...


ARE WE BUCKING THE TREND? NIGERIA NOW EXPORTS MORE THAN IT IMPORTS

ARE WE BUCKING THE TREND? NIGERIA NOW EXPORTS MORE THAN IT IMPORTS

According to the recently released Economic Outlook for Nigeria, trade in 2011 grew  Nigeria grew 47.9% higher than the 2010 figures. It also grew...


GDP – CHINA VS NIGERIA (1960-2008)

GDP – CHINA VS NIGERIA (1960-2008)

Its  no news Nigeria’s decline began in the mid eighties when the military took over. What is interesting however is when you realize that...


Are We Getting Any Better? May Inflation Rate Rises Year On Year To 12.7%

Are We Getting Any Better? May Inflation Rate Rises Year On Year To 12.7%

The National Bureau of Statistics recently reported that the Consumer Price Index which measures the rate of inflation rose 12.7% year on year. It...


Taxation For Nigerian Musicians…..A Simple Guide

Taxation For Nigerian Musicians…..A Simple Guide

  In this blogpost we are going to get specific and take you through how taxation affects musicians and how best to avoid/reduce taxes....


Choose 1, Owning Facebook Vs Owning All The Stocks On The Nigerian Stock Exchange?

Choose 1, Owning Facebook Vs Owning All The Stocks On The Nigerian Stock Exchange?

  Last week Friday, I featured on the popular BBC Radio Four Programme More or Less, where my blogpost about how at $104b facebook...


WHY I BELIEVE THE PROPOSED CBN ACT AMENDMENT IS GOOD FOR YOU AND I

WHY I BELIEVE THE PROPOSED CBN ACT AMENDMENT IS GOOD FOR YOU AND I

  I have read with great interest the calls by various stakeholders for the National Assembly to STOP its plan to amend the Central...


Top Ten Cost Every Nigerian Business Must Incur

Top Ten Cost Every Nigerian Business Must Incur

  Nigeria is currently ranked 133 out of 183 countries in the Ease of Doing Business Report. That puts Nigeria amongst the worst when...


GUESS WHICH NIGERIAN BEER HAS THE HIGHEST VOLUME OF ALCOHOL?

GUESS WHICH NIGERIAN BEER HAS THE HIGHEST VOLUME OF ALCOHOL?

  Alcoholic drinks in Nigeria are very popular and have for decades served as a profitable business for the likes of Guiness and Nigerian...


IS FIRST BANK’S “SAVE & EXCEL PROMO” WORKING ALREADY?

IS FIRST BANK’S “SAVE & EXCEL PROMO” WORKING ALREADY?

  On my way to work today, I heard a promo on the radio from First Bank giving bank depositors the chance to win...


PRESIDENT GEJ’S DEMOCRACY DAY SPEECH ANALYZED BY THE NUMBERS

PRESIDENT GEJ’S DEMOCRACY DAY SPEECH ANALYZED BY THE NUMBERS

  President Goodluck Jonathan gave a speech on Democracy day which even though was self exalting I thought was impressive for once. However in...


How Unilag can loose billions of Naira due to name change

How Unilag can loose billions of Naira due to name change

      “If this business were split up, I would give you the land and bricks and mortar, and I would take the...


IT’S OFFICIAL – GTB WAS THE MOST PROFITABLE BANK FOR 2011

IT’S OFFICIAL – GTB WAS THE MOST PROFITABLE BANK FOR 2011

  I know its 5 months into the financial year which some may consider late for figuring out which bank was the most profitable....


Making Sense Of Economic Jargons – Common Man’s perspective

Making Sense Of Economic Jargons – Common Man’s perspective

  As an Accountant and one who thinks he understands some of the financial nomenclatures/numbers that we are bombarded with on a daily basis...


How At $104B, Facebook Is Worth 2.26 Times The Value Of All Quoted Stocks In Nigeria

How At $104B, Facebook Is Worth 2.26 Times The Value Of All Quoted Stocks In Nigeria

  At the close of trade today, the Nigerian Stock Exchange All Share Index had a market capitalization of N7,137,597,021,094.14 or $46,049,013,039.32 ($46b). That basically is...


Q1  Review: IS CHAMS PLC LOOSING IT’S CHARM?

Q1 Review: IS CHAMS PLC LOOSING IT’S CHARM?

Lately the Nigerian economic landscape has been blanketted with several technological initiatives. The National ID card scheme, the ever increasing use of the ATM...


INFLATION RATE RISES TO 12.9% IN APRIL 2012

INFLATION RATE RISES TO 12.9% IN APRIL 2012

According to the Bureau of Statistics, the consumer price index which measures inflation rose 12.9% year on year for April 2012. This was 0.8%...


7 Wonders Of Doing Business In Nigeria

7 Wonders Of Doing Business In Nigeria

According to a recent report FDI’s into Nigeria is expected to top $23b per year over the next five years. The Federal Government has...


Q1 REVIEW: DANGOTE SUGAR PLC, A MUST BUY?

Q1 REVIEW: DANGOTE SUGAR PLC, A MUST BUY?

Dangote Sugar released its Q1 financials and as expected was impressive. See below;   Revenue The Company made a revenue of N26.7b for the...


Review of Ndi Okereke Onyuike’s apperance at the House of Rep Hearing on Capital Market

Review of Ndi Okereke Onyuike’s apperance at the House of Rep Hearing on Capital Market

It was fun today at the House of Rep hearing on Capital Market. The erstwhile DG of the Nigerian Stock Exchange Ndi Okereke Onyiike...


Is this the time to buy Transcorp Shares?

Is this the time to buy Transcorp Shares?

In the hey days of President Obasanjo the government announced a grand plan to support the setting up of an indigenous Nigerian company which will attract...


These guys can decide whether you get a loan or not

These guys can decide whether you get a loan or not

In the US and most countries in the West, when you approach a bank for a loan the type of terms you might get...


Mo’Hits Break up, why Don Jazzy Stands to loose…..for now!

Mo’Hits Break up, why Don Jazzy Stands to loose…..for now!

Like anyone else who cared and loved Nigerian music the  Don Jazzy Tweet more or less confirming the end of his almost decade long...