Oil Industry Review H1: Despite Jump In Revenue, Oil & Gas Majors All Trade...

The Oil and Gas industry has had its fair share of troubles over the last six months. From the removal and partial reinstatement of...

Earnings Review H1: Nigerian Breweries Shares Make Me Thirsty !!!

Nigerian Breweries has in recent years remained one of the most consistent performers in the Nigerian Stock Market. It has continued to improve on...

Earnings Review H1: Thanks To Tb’s, First Bank Earns In 6 Months, 31% More...

First Bank has been under pressure to boost earnings and bottom line this year following their less than impressive 2011 financials which put them...

WHY I AM FRUSTRATED ALREADY- FOR THE 1OTH MONTH STRAIGHT, CBN HOLDS MPR AT...

The Central Bank yesterday held MPR at 12% for July 2012. This was announced after the conclusion of their Monetary Policy Committee (MPC) meeting...

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%

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 avoid taxes in Nigeria - Tax remittances

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

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, that...

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...
Revenues

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

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)

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%

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

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

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 was...

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 Bank...

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 it...

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 Breweries....

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 prizes...

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 his...

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 brands and trade...

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. However,...

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 I...

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

  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 the...

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

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

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?

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

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

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

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Meet Chinedu Echeruo, whose company was bought by Apple for $1bn

Meet Chinedu Echeruo, whose company was bought by Apple for $1 billion

Amidst the heated controversy that surrounds the FBI list of fraudulent Nigerians, Chinedu Echeruo has been identified as one of the many Nigerians who are doing the country proud.
FG warns banks, others

FG to sanction banks, oil companies, as employment opportunity becomes family affair

The Federal Government has warned Deposit Money Banks, other financial institutions and oil companies against unjust termination of workers' contracts.
Investing

If this doesn’t encourage you to start investing today, nothing ever will!

Indeed, your savings are being stolen! And not only should this worry you, it should also spur you to start investing today.