PwC reveals Nigeria’s real estate is holding about $900 billion to ransom.
A report by @PwC_Nigeria has revealed that Nigeria still holds between $300 billion to $900 billion worth of dead capital in residential real estate and agricultural land alone.
Should Gokada be afraid as Uber launches boat service in Lagos?
US ride-hailing company, @Uber, is set to face off in stiff competition with Gokada, as it announces a plan to help Nigeria (particularly Lagos) to solve its traffic issue through the launch of boat service.
CBN blows $2.04 billion to defend the Naira in May as Reserves deplete
In its continued intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) injected a cumulative sum of $2.04 billion to further sustain the improved liquidity and relative stability in the market.
How To Monetize Old Share Certificates and Locate Missing Stocks
Are you one of those people with dozens of share certificates and dividend warrants stashed in a drawer or safe in your house? Let's teach you how to make them useful again.
Evidence that Sanusi is right about Nigeria ‘going bankrupt’
Earlier this week while delivering a speech during the 3rd National Treasury Workshop organised by the Office of the Accountant General of the Federation, former CBN Governor, Sanusi Lamido, declared that Nigeria is "bankrupt and the country is heading to bankruptcy".
Beginners’ Guide: How to compute capital gains tax in Nigeria
Capital Gains Tax is a tax on the profit obtained from disposal or exchange of certain kinds of assets. In Nigeria, Capital Gains tax is 10% of the profits from the sale of the qualifying assets.
How to interview the person hiring you
I’ve found more often than not, job candidates often neglect to “interview the company” they are meeting with in order to find out whether the organisation is a good fit for them.
Forte Oil’s new CEO speaks on “next moves” following acquisition
In this interview session, the new CEO of @ForteOilNg, Olumide Adeosun, gives detailed information about the company's future plans following the acquisition. He also has a message for minority shareholders.
Nigeria’s Asset to GDP Ratio Is low despite rise in Mutual Fund value
As Nigeria's mutual fund asset value keeps trending towards the trillion-naira mark, data has shown that the country still ranks low in mutual fund to GDP ratio when compared to other countries.
Why Airtel’s IPO is not for you.
Airtel Nigeria Ltd has opened its much awaited Initial Public Offering in Nigeria.
Sanusi declares Nigeria under Buhari a Bankrupt Nation
Former @centbank Governor, Emir Sanusi says Nigeria is bankrupt under President Buhari and this is why.
Emefiele claims Nigeria loses $20 billion yearly because of oil palm neglect
@centbank governor, Godwin Emefiele says Nigeria loses $20 billion in the oil palm industry. Here's how.
CBN sets deadline for retrieval of N7.9 trillion bad notes
@cenbank has given banks a deadline to retrieve all bad notes in circulation. See the amount of bad notes in circulation.
The Founder: 8 important lessons every entrepreneur needs to learn
The 2016 movie The Founder is packed with important lessons for entrepreneurs. It draws open the curtains and takes you behind the scenes, revealing the secrets to how Ray Kroc turned McDonald’s into one of the biggest fast food restaurants in the world.
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.
Why you should measure the performance of your investments
Investment performance is best understood after understanding what an investment is. Simply put, investment is the initial forfeiture of something of value, now, in exchange for the anticipated benefit of getting back more than what was forfeited.
Critical times for Nigeria’s oil money as US-China trade war escalates
Global trade is currently at a standstill, as the Chinese president Xi Jinping and his U.S counterpart President Donald Trump prepare to meet at the G-20 summit in Japan this week.
Emefiele unveils 5-year plan, targets double digit growth
@centbank Governor, Godwin Emefiele has finally unveiled the 5-year policy (2019-2024) direction for the apex bank.
INSIGHT: Understanding estate planning, asset protection, and asset transfer
Estate Planning is all about planning for risks such as ill health, inability to earn income, untimely death, etc. It is also about the transfer of property
Oando leads this week’s watchlist as lawsuit against SEC resumes
@oando_plc leads the stocks to watch this week as a court case filed against the @secnigeria resumes hearing.
MoneyMetro Podcast: @Ugodre @walesmit discuss Forte Oil, Airtel Listing, Facebook Libra, Garba Shehu, Economist,...
On this episode of the #MoneyMetroPodcast, @Ugodre and the guys looked out the newly inaugurated National Economic Council amongst other issues.
CORPORATE ACTIONS: Baba Ijebu Moves and Billions in a pocket
While Femi Otedola's exit from @forteoilng was major news last week, @oando_plc vs @secnigeria court case resumes next week
The deal that helped Lafarge stock gain 18% in less than a week.
Why Lafarge gained 18.4% during the week.
Nigerians are falling yet again for MMM as it makes a come back
Mavrodi Mundial Moneybox (MMM), the Russian-founded Ponzi scheme which wrecked the lives of so many Nigerians in 2017 is back in business.
SHOCKING: Air Peace jet skids off runway and ends up in the bush
There was a mild drama earlier this afternoon at the Port Harcourt International Airport when an Air Peace flight from Abuja skidded off the runway and ended up in the bush.
EXCLUSIVE: Ellah Lakes’ Chuka Mordi addresses acquisition, growth plans, and other issues
The Chief Executive Officer of Ellah Lakes, Chuka Mordi and Jamie Rixton, the company’s Chief Agronomist visited Nairametrics’ Head Office located in Opebi, Lagos, to discuss the details of the acquisition of Telluria Limited by Ellah Lakes, and Mordi’s aggressive growth target, as well as the impact of the company’s oil palm field on host communities.
Chams Plc leads the losers in this week’s trading
@chams_plc led the losers on the @nsecontact this week, declining by 13.89%
NEC Inauguration: Buhari tells Governors “no more bail-outs”
President Muhammadu Buhari has inaugurated the National Economic Council (NEC) which will help to steer/oversee the country's economic ambitions for the next four years.
Fitch claims until 2028 before Nigeria exits damage caused by Buharinomics
It has been revealed that Nigeria's economy will struggle to return to the robust levels of economic growth witnessed prior to the 2014 collapse in global oil prices. A recent report released by FitchSolutions on Nigeria's country Risk for the third quarter of 2019 has revealed.
Presco Plc has a HOLD recommendation for next week
International Breweries Plc, Presco Plc, and Dangote Sugar Refinery all have a HOLD recommendation for next week.
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GTBank in acquisition talks
Chief Executive Officer of GTBank Segun Agbaje has said that the bank is making plans to expand its market base beyond its present locations.
President Buhari assigns portfolios to all 43 ministers [Full-List]
President Muhammadu Buhari has finally assigned portfolios to all the forty three (43) ministers.
See the top ten adverts in Nigeria at the moment
So far in 2019, many companies have done the most in this regard. We have seen some of the most creative advertisements in the forms of radio jingles, TV adverts, web banners, etc. But are all of them having quite the impact?