Aliko Dangote, Bloomberg Billionaire Arsenal

5 Lessons you can learn from Dangote to become the next billionaire

liko Dangote is unarguably the richest man in Africa.
Chioma Afe, Head of Corporate Communications, Diamond Bank Plc

Meet the woman driving Diamond Bank’s Corporate Communications

Nairametrics had an interview with the head of Corporate Communications, Diamond Bank Plc, Chioma Afe.

Meet Onyeka Akumah, The face behind Farmcrowdy

Agriculture constitutes one of the most important sectors of the Nigerian economy, and in terms of employment, it engages an estimated 70 percent of the country’s labour force.

Wema Bank steps up ALAT campaign as total advertising spend nears N2 billion

Wema Bank Plc reported it spent a total of N556.4 million on advertising in the first half of 2018 a 78% increase from the...

Oando shares spike after Senate approved N348 billion outstanding subsidy claims for oil marketers

The Senate yesterday approved the payment of 348 billion outstanding subsidy claims to 74 petroleum marketers in the country.

How much Nigeria spends on foreign education and how to fix it

In a country where teachers are not being taken care of, not properly trained, and owed months and years of salaries.

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...
bond NSE

Daily update on Treasury Bills, Bonds, Forex etc

KEY INDICATORS Bonds The bond market opened weaker following the release Q3 2018 FGN Bond Calendar by the Debt Management Office. Yields expanded by c.7bps as...

Nigerian Sovereign Wealth Fund reduces exposure to the Middle East and the US

The Nigerian Sovereign Investment Authority (NSIA) recently released its 2017 financial report.
Financial Technology

Positive outlook as Africa FinTech attracts over $100 million in investments

Industry players in Nigeria's FinTech ecosystem will meet in London to deliberate on investment strategies. 
Modular Refinery

AFC grants Waltersmith Refinery $35 million debt facility

AFC has signed a $35 million debt facility agreement with Waltersmith Refining and Petrochemical Company Limited.

DEAL: EFG Hermes acquires Primera Africa

EFG Hermes has entered into a definitive SPA to acquire 100% of Primera Africa.

Universal Music Group to launch “strategic division” in Nigeria, signs Tekno, Mr Eazi

Universal Music Group has announced that it will be launching a Nigerian division as part of its expansion efforts. 

EMM Podcast: Earning Less Despite Working More.

Everyday MoneyMatters is a Financial Literacy and Personal Finance radio show powered by Nairametrics.

Chart of the day: Super Eagles World Cup budgets since 2002

Nairametrics takes a look at Nigeria's world cup spendings, in the last four editions the Super Eagles has participated at the world's greatest sporting event - from Korea/Japan 2002 to Russia 2018.
Factory

BUA Cement steps up competition as it commissions new ₦126 billion plant

The newly-commissioned plant will help increase BUA Cement's production output to about 6MMT per annum.
Business half hour

BHH Podcast: How we started TechCity by Olawale

On this episode of Business Half-hour, Ugodre of Nairametrics interviews Olawale Adeyina.
Nigerian billionaires

Nigeria’s billionaires lose over N500 billion to stock market dip

Nairametrics began an in-depth coverage of the billionaire investors in Nigeria’s capital market in May 2018.

How do you spell failure? A tale of Nigeria’s automotive policy

A while ago I asked a question, “Will we ever walk back on failed industrial policy?” and I cited the automotive policy as an example of failure.

MD/CEO of Nestlé Nigeria appointed second VP of NECA

Nestlé Nigeria’s MD and CEO, Mr. Mauricio Alarcon has been appointed as second VP of NECA.

Report: Instagram dominates as 22 million Nigerians use internet for social media

More Nigerians are using the internet for personal purposes.
new tobacco and alcohol tax

FAAC: State Finance Commissioners accuse FIRS of N90 billion shortfall

FAAC may turn its focus to the NCS and FIRS over the poor remittances.

Yam Prices Rise Sharply in Latest Household Food Price Survey

Nairametrics’ research on Household Food Items reveals a general increase in price.
Oando

London Court orders Wale Tinubu’s firms to pay Volpi $680 million

LCIA has ordered two companies owned by Wale Tinubu, and Mofe Boyo, to pay a total debt of $680m.
CBN

Investigation reveals how banks contribute to long queues at ATMs

Lagos residents in Iyana Ipaja and environs have had a lot to contend with in recent times.
Innocent Chukwuma,

Appeal Court Dismisses Innoson’s Preliminary Objections Against GTBank

The Court of Appeal sitting in Enugu dismissed the preliminary objections brought before it by Chief Innocent Chukwuma.
Ecobank Rapidtransfer

Ecobank may shift bond raise to next year

Ecobank Managing Director Ade Adeyemi may have foreclosed the possibility of the bank raising a Eurobond this year.

UAE Exchange rebrands its Africa operations as Unimoni

UAE Exchange has announced the rebranding of its Africa operations as Unimoni.
Treasury Bills

Foreign investment outflows on the rise as foreign investors dump Nigerian equities

Foreign portfolio investment (FPI) outflows from the country's stock market rose by 124.7% percent in May 2018.
Introducing Max: Custodian Investment Plc launches Nigeria’s first ever insurance chatbot

This stock hit a 5-year high on the NSE yesterday

Custodian Investment (formerly known as Custodian and Allied Plc) yesterday made history as the firm hit a 5-year high of N6.89 in today’s trading...

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Rubies Bank

Rubies Bank – The Future is here

Rubies is a fully digital banking platform, offering zero fee banking targeted at millennials, young professionals, SMEs, quasi-financial institutions and FINTECH companies.
Should Gokada and Max.ng be afraid of ORide?

Should Gokada and Max.ng be afraid of ORide?

ORide is fast penetrating the market by leveraging on the N100 bonus offer to any destination of any distance within Lagos. This move has attracted the competitors’ customers, at least if not for anything, till the promo offer ends. 
Airtel Nigeria

Airtel eyes a £3.6 billion IPO valuation on the LSE and NSE

Airtel Africa Limited has declared its intentions to float his shares simultaneously on the Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE)