Tech Roundup

Tech Roundup: Google, NIPOST was in the news this week

Welcome to Nairametrics’ weekly tech news roundup. This week we bring you a compilation of the major tech news.

Diamond Bank tops the volume chart as NSE stays green

The Nigerian Stock Exchange ended today’s trading session on a positive note. The All Share Index closed at 30,137.53 basis points, up 0.58%. year...
Nigerian Stock Exchange

Nigerian Breweries and Diamond Bank top volume chart as ASI drops

The Nigerian Stock Exchange fell sharply in today’s trading session. The All Share Index closed at 31,678.70 basis points, down 0.95%.
Seplat Petroleum

Oil and gas billionaire Avuru, sells shares

Seplat informed the investing public of a share transaction involving its CEO, Austin Avuru.
Buy Sell Hold Stocks

Buy/Sell/Hold: Why Total Nigeria is a HOLD

Stocks on our Buy/Sell/Hold list are drawn from the top gainers and losers of the prior week.

Netherlands overtakes India as Nigeria’s major export partner in Q1 2018

Key Highlights Total trade value was ₦7,211.61 billion Total trade value grew by 19.74% from Q4 2017 and...
Nigerian Stock Exchange

McNichols has lost its shine

McNichols Plc has hit a 5-year low of N0.39 in yesterday’s trading session at the Nigerian Stock Exchange.
e-Commerce in Nigeria, Nigeria Customs

How reforms by the Nigeria Customs are aiding e-commerce

At the just concluded Ease of Doing Business Forum in Lagos, which was attended by the Senior Special Assistant to the President on Industry, Trade, and...
FSDH Merchant Bank Ltd, Inflation rate, private sector loans, NBS

NBS Data shows Nigeria’s GDP grew by 1.93% in 2018

Data from the National Bureau of Statistics (NBS) report for the 4th quarter of 2018 and full year respectively, shows Nigeria's GDP grew by...
Corporate Actions - Nigerian Stock Exchange - NSE

Corporate Actions: Mega Fines paid, and new CFOs hired

Corporate actions are decisions taken by companies’ boards of directors...

ALERT: These stocks will be paying dividends/holding AGMs this week

Here is a recap of stocks that had corporate actions last week and those expected to do so this week.
Resort Savings and Loans Plc

Resort Savings sinks to a new low

Resort Savings and Loans has shed 38% since a technical suspension placed on the stock was lifted. The stock shed 8.82% in yesterday’s trading to close at...

Analysis: Uber Firesale – Can OgaTaxi Benefit?

Nairametrics| Japanese investment giant SoftBank has called for a merger between homegrown Ola and US firm Uber’s India unit as part of its planned consolidation...
oil Palm, gainers and losers

Why PZ Cussons and Unilever import palm oil despite presence of local producers

NAGB has explained why companies like PZ Cussons continue to import oil palm.
Nigerian Stock Exchange

What You Need To Know About The Term “Basis Point (BPS)”

It is typically used to express differences in interest rates of less than 1% per year.

Corporate Actions: Rebuttals and a rights issue

Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders. Examples of corporate...
Ahmed kuru AMCON

Politicians, Directors fret as AMCON plans to publish list of debtors and directors

AMCON has taken its debt recovery drive to another level.
tech Startup funding, Partech African fund, Business, Corporate News Roundup

How to make customer experience translate to revenue growth

Customer experience is the impression you leave with your customer.

UAE Exchange rebrands its Africa operations as Unimoni

UAE Exchange has announced the rebranding of its Africa operations as Unimoni.
Mutual funds

Understanding mutual fund cutoff time

I have read some complaints and observations from some mutual fund investors on forums like Nairaland about their mutual fund trading orders either not...

This cement company just became the best performing stock this year

Cement Company of Northern Nigeria (CCNN) has overtaken Unity Bank, to emerge the best performing stock on the Nigerian Stock Exchange (NSE). CCNN is currently...

Nigerians react as NBS claims lack of funds is delaying unemployment report

NBS' Yemi Kale had tweeted that the reason the unemployment report has not been released is because there is no money allocated to his agency.
FIRST E&P, Yinson Holdings, Nigeria Malaysian deal, Oil and Gas

Nigerian Stocks that could gain big if oil prices continue to rise

United States President Donald Trump sent the oil markets into turmoil following a confirmation that he was pulling out of the Iran Nuclear Deal....
Atiku Abubakar, Atiku claims he has big plans for private sector investment in infrastructure

What Atiku Abubakar plans to do to CBN’s Godwin Emefiele

Nigeria's main opposition candidate for the February presidential election, Mr Atiku Abubakar, said he will remove Godwin Emefiele CBN Governor if elected.
Nigerian Breweries Plc

This blue chip stock has hit a 5 year low

Yesterday, Nigerian Breweries hit a 5 year low of N78.3 per share in the first trading session in 2019.
Anike Lawal, Mamalette

Meet Anike Lawal: From Management Consulting to Mamalette

According to a report by UNICEF, every single day, Nigeria loses about 2,300 children under five years of age and 145 women due to...
FGN Bond, Treasury Bills, 2018 in retrospect, Everyday Money Matters, EMM Podcast

EMM Podcast: Ugodre’s take on potentially increased VAT for minimum wage

On this episode of the EMM Podcast, Ugodre explains the impact of a potential 50% increase in VAT on the newly approved minimum wage for Nigeria workers.

VAS Marketing: The Big Brother Naija Saga

Allegedly 170 million votes and over N5.1 billion in revenue after, what seemed to be 3 months of intrigue, suspense and controversy for most,...

Ngozi Okonjo Iweala joins Twitter board

Nigeria's former Finance Minister Ngozi Okonjo Iweala has been appointed to the board of social media platform Twitter. Twitter founder Jack Dorsey tweeted this...
Daily Stock market report, Nigerian Stock market

May bloodbath: A series of unfortunate events for Stocks

A series of unfortunate events …as sell-offs are sustained The heightened uncertainty in the Nigerian financial markets in the past month, resulted in a series...


shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
Businesses in Nigeria | Make money from a single product

How to make $1bn from a single product in Nigeria

Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.