Standing Deposit Facility, 12 states

12 states received $15 billion investment in H1 2019 – NIPC

The latest report released by the Nigerian Investment Promotion Commission revealed that twelve (12) states in Nigeria received investment worth US$15 billion in the first half of 2019.
Godwin Emefiele, CBN Governor,

CBN finally confirms licensing three new banks in Nigeria

The Central Bank of Nigeria (CBN) has finally confirmed the licensing of three new banks. This is revealed in the information obtained from the...
Old 50 kobo note

Three quick ways to find out if a stock is overvalued

Three quick ways to find out if a stock is overvalued #Stock
Corporate Actions

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
Facebook unveils Libra, a new global digital currency

Facebook unveils Libra, a new global digital currency

The world's most dominant social networking company, Facebook, has announced that come 2020, it will be unveiling its own cryptocurrency known as Libra.
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.
Air Peace, NCAA

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.
Oando Plc, Eni, Fraud, 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
Learn about expense ratio

Find out how much fee your fund manager charges

Find out how much fee your fund manager charges
pension funds, PenCom

About 160,000 more Nigerians registered to participate in Pension Plans in Q1 2019

Efforts by the National Pension Commission and other stakeholders through radio jingles and other enlightenment campaigns seem to be yielding results, as more and more Nigerians are joining the bandwagon of pension participation.
Misery Index

Dear Nigerians, how happy or sad are you in this economy?

According to the Misery Index, Nigeria is among the top ten saddest countries in the world, no thanks to its high level of unemployment (Q3-2018: 23.1%) and stubbornly high inflation (April 2019: 11.37%).
EFCC raif of MTN Nigeria

MTN issues statement in reaction to EFCC’s purported raid on its head office

@MTNNG has released a statement denying any wrongdoings hours after @officialEFCC and some officials of the @PoliceNG purportedly laid siege on its head office in Falomo, Victoria Island.

Purported EFCC raid on MTN Nigeria head office might be false

There were wild media reports, late Friday night, purporting that the Economic and Financial Crimes Commission (@officialEFCC) raided the head office of @MTNNG. This might be wrong.
Tomatoes Price

Household Survey: Prices of tomatoes jump, as local rice stock piles up

As the Ramadan season gradually comes to an end, some households in Lagos and elsewhere may find it difficult to celebrate because the prices of some food items keep increasing.

New report casts doubt over future funding for small businesses in Nigeria

Over $1 billion has been lost to Micro, Small, and Medium Enterprises-related corruption in the last five years, a new report has shown. Some of the corruption-prone schemes include constituency projects and @cenbank development fund.
Money market fund investments

ATTENTION: DV Balanced Fund to become a Money Market Fund

Vetiva Asset Management Company has requuested unitholders of DV Balanced Fund to attend a meeting in Lagos on May 28th by 11:00 am.
Canada invited 3,357 Express Entry candidates with scores as low as 300

Canada invited 3,357 Express Entry Candidates with scores as low as 300

Canadian province, Alberta, has issued a total of 3,357 invitations to apply for a provincial nomination for Canadian Permanent Residency (PR) to Express Entry candidates with Comprehensive Ranking System scores as low as 300.
Fixed Income

What You need to know about Stanbic IBTC’s Shari’ah Fixed Income Fund (“SFIF”)

Stanbic IBTC Asset Management Limited is offering 10 million units of the Stanbic IBTC Shari’ah Fixed Income Fund (SFIF) through an Initial Public Offer (“IPO”) at a par value of N100 per unit.
Bleach market, Hypo, Harpic products, OMO products, Jik

Hypo wipes out rivals in a market determined by price and media campaign 

The bleach category in the hygiene and households cleaning products segment has always been a monopolised market in Nigeria, with every new entrant backed by deep-pocketed investors always making the market their fortress.
Stock to watch this week, Airtel Africa

MTN Nigeria gets a wildcard entry in this week’s watchlist

@MTNNG leads this week's watchlist due to record demand for the stock by investors, following its listing.
Corporate Actions

CORPORATE ACTIONS: An Exit and a Yhello landing

@MTNNG listing on the @nsecontact premium board was the highlight of activities on the Nigerian bourse last week.
CBN, orders banks to give key fact statement

CBN blows $36 billion defending the naira in 2018, up 130% from 2017.

The Central Bank of Nigeria sold a whopping $36.6 billion in forex in 2018 according to a report released during the week on its website. This compares to $15.8 billion sold in 2017, a whopping 130% rise.
MTN Nigeria Listing

LIVE UPDATE: Events from MTN Nigeria’s listing on the NSE

@Nairametrics is live at the Nigerian Stock Exchange (@nsenigeria) covering the listing of @MTNNG, which was done by introduction. The listing places MTN Nigeria among the league of Trillion Naira Club.
MTN Nigeria Plc

MTN’s NSE-listing, what you need know, and analysts’ forecasts

The most anticipated and biggest listing on the Nigerian Stock Exchange is happening right now in Lagos, Nigeria. We are talking about none other than the MTN Nigeria listing.
Nigeria's Inflation

Nigeria’s inflation rose to 11.37% in April, after 3 months decline

The consumer price index, which measures inflation, rose to 11.37% in April 2019, according to the monthly inflation report released by @nigerianstat. The rise in April's inflation rate represents the first time inflation increased in three months.
EFCC raif of MTN Nigeria

One bad info from MTN’s incredible result

Telecom Giant, MTN Nigeria, released its 2019 first quarter results ahead of its planned listing on the Nigerian Stock Exchange later this week.
MTN Nigeria, MTN gets CBN licence

How to buy MTN shares on the Nigerian Stock Exchange

It's official, Nigeria's largest GSM Company, MTN Nigeria, will be listed on the Nigerian Stock Exchange on Thursday 16th of May 2019.
MTN listing

MTN will join these 3 stocks in the Trillion Naira Club (TNC)

As MTN prepares to list on the Nigerian Stock Exchange later this week, the stock is expected to catapult straight into the trillion naira club list.
Treasury Bills, CBN

How to bid for the second Treasury Bills auction in May 2019

@centbank is scheduled to hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on 16th May 2019 and this is how you can participate.
Money market fund investments

Understanding Mutual Fund Fees: Miscellaneous Fees

In my first article on the issue of understanding mutual fund fees, I expounded on what management fee is, how to calculate it and how to reduce the burden by negotiating better rates if you are in a position to do so.
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GTBank, acquisition

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.
Frus, FBI, 80 Nigerians

FRAUD: FBI releases names of 80 Nigerians

Not less than 80 Nigerians have been put in the public domain by the United States Government over fraudulent activities, the FBI termed to be one of the massive frauds that have gone down in history.
FBI, Jenna

FBI’s list of 80 Nigerians indicted for fraud : Nigerians react

Following the FBI’s release of a list containing about 80 Nigerians who were involved in a money laundering case, Nigerians have taken to social media platform, Twitter to react and express their views on the matter.