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Nigerian government, Nigeria, Nigeria's rising debt, ER Podcast, Buhari, Apapa gridlock

ER Podcast: Is the Nigerian government sincere about bailout funds to states

On this episode of the #ERPodcast histed by @saucekiz_SMILEs, @iamnotjustakuki, @Mr_Abara and @Sammyinfinity discussed border closure, Debt profile, and FG's bailout funds. LISTEN, RETWEET, and LIKE!
President Buhari Inaugurates National Economic Council, National Economic Council, State Governments seek refund over repaired federal roads

Lagos, Delta and other states received N1.57 trillion Federal Allocation in 7-months

Federal Allocation of N1.57 trillion was given to thirty-six (36) states between January and July 2019. This is according to the Federation Account Allocation Committee (#FAAC) reports covering the period.
NSE John Holt

John Holt leads this week’s gainers as NSE closes on negative note 

The Nigerian Stock Exchange closed down 0.99% in the last trading week in August.m
Nigerian Stock Exchange, Nigerian Stocks

Nigerian Stock Exchange ends Friday’s session in the green

The Nigerian Stock Exchange (NSE) ended Friday’s trading session in positive territory. The All-Share Index closed at 27,525.57 basis points, up 0.37%.
MTN Nigeria

MTN Nigeria launches MoMo as part of a bigger financial services ambition

MTN Nigeria Plc has launched its much anticipated mobile money transfer service which is called MoMo Agent Network.
Saleh Mamman, Minister of Power

Power Sector: 11 DisCos recorded N1.67 trillion revenue shortfalls in 5 years 

Electricity Distribution Companies (DisCos) in Nigeria suffered huge revenue shortfalls in the tune of N1.67 trillion in the past five years.  
OPay N10 Food

This is what OPay’s N10 food looks like

Opay has been very strategic in its determination to endear itself to the Nigerian market. But is the company's N10 food any good? Find out now.
Jim Ovia

Zenith Bank sets new date for dividend payout

Zenith Bank has postponed the date for the payout of its 30 kobo interim dividend from the initially proposed date of 2nd September 2019, to Wednesday 4th September 2019.
BoI, MSMEs

BoI to extend grant to 110,000 MSMEs in Borno and others

The six states in the North-East geopolitical zone will receive a N2.4 billion Bank of Industry (BoI) grant to support the growth of 110,000 MSMEs.
Non-oil sector to contribute 80% of Nigeria’s Revenue in 3 years - FIRS , African countries should curb illicit financial flows - Babatunde Fowler 

Online VAT maybe “the law”, but Nigerians are not having it

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has again reiterated that the payment of VAT on VATable online transactions is required by the law.
CBN Forex Godwin Emefiele

CBN initiates move to implement FOREX ban on milk importation

CBN initiates move to implement FOREX ban on milk importation
JR Kanu, Design Institute, Lagos, REACH Technologies, BHH Podcast, Piggybank, Piggyvest, Business Half hour

BHH Podcast: Tunji Adeyinka on how Republicom Group is providing innovative marketing solution

On this episode of the #BHHPodcast, @bukola23 and @taioyewole had the CEO of Republicom Group Tunji Adeyinka discuss on how they are providing innovative marketing solution.
VAT revenue

Nigeria generated N311.94 billion VAT revenue in Q2, highest in 7 years  

The latest report released by the National Bureau of Statistics (NBS) shows that Nigeria generated N311.94 billion revenue from Value Added Tax (VAT) in the second quarter (Q2) of 2019.  
Governor Fayemi explores investment options with the capital market, Nigerian Stock Exchange

Zenith Bank Plc trades large volume as NSE ends Monday’s trading in red

The Nigerian Stock Exchange (NSE) ended Monday’s trading session in negative territory. The All-Share Index closed at 27,691.66 basis points, down 0.39%.
Software Investment

10 banks make about N120 billion software investment

10 commercial banks have reported N120bn software investments over the past 3 years, starting from Dec 2016 when the money stood at N77.4bn.
Nigerian government, Nigeria, Nigeria's rising debt, ER Podcast, Buhari, Apapa gridlock

ER Podcast: Is Nigeria really broke?

On this episode of the #ERPodcast, @iamnotjustakuki, @Mr_Abara and @Sammyinfinity examine the implication for states if they refund FG's bailout funds and FIRS list of tax defaulters. LISTEN, RETWEET, and LIKE!
Nigerian British firm, Bail-Out Fund: FG deducts N122 billion from states’ account in 7-months [Full-List] , JUST IN: Buhari submits 2020 MTEF to Senate 

British firm moves to seize Nigerian oil cargoes, others over $9 billion Court ruling

After almost two weeks that a British Court granted an Irish Firm, Process and Industrial Developments Ltd (P&ID) the right to seize $9 billion Nigerian assets over a failed gas project, the firm has initiated moves to identify the Nigerian assets that can be seized, and this may include the country’s oil cargoes. 
Investing, Invest According to Your Risk Tolerance and Appetite (1)

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.
9mobile Africa Finance Corporation

Investment firm offers 9mobile lifeline as the telco continues to drown 

Telecommunications company, 9mobile, has secured a credit facility to manage and boost its operation in Nigeria.
FG foreign reserves Nigeria Yemi-Osinbajo, FG negotiates with Governors on bail-out fund, as NEC approves 100 billion for NLTP, bail-out fund States Governors, FG earns N28.6 trillion from VAT, others , Ease of doing Business: States must partner with Federal Government – Osinbajo , AfCFTA: Nigeria’s financial footprints to be extended across Africa – Osinbajo , FG seeks partnership with National Council of Registered Insurance Brokers, here’s why 

Nigeria’s foreign reserves to increase by $150 billion in 10 years – FG 

The Federal Government of Nigeria (FGN) has disclosed that the country’s foreign reserve is expected to increase by $150 billion in the next 10 years through the ‘Zero oil plan’ initiative. 
Amateur Investors, SEC

Why Nigeria is presently a risk-off environment

Investors in financial markets are exposed to all sorts of risks. The financial market is hardly ever stable, as the prices and values of assets fluctuate
NSE John Holt

Ecobank leads this week’s gainers as NSE closes on a positive note

The Nigerian Stock Exchange (NSE) received a serious boost as the market closed on a positive note this week.
FG Power storage and distribution

New electricity tariff: lifeline for the power sector amidst N100 billion non-performing loan 

As concerns continue to grow over the implementation of the new electricity tariffs across the country, a report has shown that the Nigerian power sector is responsible for N100 billion non- performing loans in the country.  
Understanding debt, The Diderot Effect: Are you a victim? And how to beat It

Understanding Debt: How individuals and businesses can use it responsibly

Don't go swimming in debt. Take a moment to learn about how best to manage your personal and business debt in order to use it to your advantage.
investment bias

Understanding Investment Bias: What influences investors’ decisions?

The benefit of behavioural finance is that investors are able to recognize these behavioural biases and take corrective actions to avoid financial losses.
Mutual Funds, Mutual Fund gone bad: Nigerian investor discloses his 10 years investment that nosedived 

The State of the Nigerian Mutual Funds Industry

Though mutual funds are not as popular in Nigeria as stocks, a sizable number of investors keep purchasing them instead of individual stocks.
Shoprite, Growth outlook

Beware of these five set of people who influence your spending habits

Beware of these 5 set of people who influence your spending habits
FG signs N8.91 trillion 2019 Budget into law

FG to roll over 60% of 2019 budget

The Federal Government (FG) has disclosed that 60% (N5.35 trillion) of the 2019 budget would be rolled to the 2020 budget due to slow implementation. 
MSME's, Development plan, Guaranteed return

14 ways to turn your small business into an asset of value

As an entrepreneur, there’s only one goal you should be aiming at – "To turn your business into a wealth-creating asset of value.’’ This perspective is according to renowned Venture Capitalist and Business Growth Accelerator, Pavlo Phitidis. 
Nigerian British firm, Bail-Out Fund: FG deducts N122 billion from states’ account in 7-months [Full-List] , JUST IN: Buhari submits 2020 MTEF to Senate 

FG, States, LGs shared N769.5 billion allocation in July  

The Federation Account Allocation Committee (FAAC) disbursed the sum of N769.5 billion from the Federation Account to the three tiers of government in July 2019.