Innoson claims it has won an N8 billion judgment debt against GT Bank (Explained)

Innoson Vehicles, yesterday claimed it had been awarded an N8 billion judgment against Guaranty Trust Bank.
Blue BRT Takeover: How Primero is transforming Nigeria’s transportation system

Blue BRT Takeover: How Primero is transforming Nigeria’s transportation system

Three years ago, Primero came onboard with its blue BRT buses and changed the transportation game.
Shoprite, SPAR International, Supermarkets chains, Growth outlook

Superstores in Nigeria: Can SPAR and Shoprite’s business models keep them afloat?

The two superstores worthy of note in Nigeria are Shoprite and SPAR.
Coronation Merchant Bank

Coronation Merchant Bank team give overview of the economy and their operations

Nairametrics had a chat with the management team of Coronation Merchant Bank, consisting of the GMD,Mr Abubakar Jimoh, the Head of Research, Mr Guy Czatoryski, and others.
Visionscape Municipality Bond Default: An indictment on credit rating agencies?

Visionscape Municipality Bond Default Explained

Last week, reports confirmed that a subsidiary of Visionscape Sanitations Solutions Limited may have defaulted on N4.5bn coupon payment due on March 4th.
African Alliance rebrands with a new strategy that targets the youths

African Alliance rebrands with a new strategy that targets the youths

African Alliance Insurance Plc has unveiled a new corporate identity with a new logo and strategic direction that targets the youths.
I-Invest, Treasury Bills - South Africa Pension scandal: How not to manage a Pension Fund

I-Invest generates over N2 billion transaction in less than 6 months

Sterling Bank and Parthian partners have come up with an app called I-Invest to solve this problem.
about 11 Plc

FOCUS: How this oil company went from popular to ‘unfamiliar’

It is not all the time that companies decide to change their names. And whenever they do, it is usually for important reasons...
Somto Ifezue, Odunayo Eweniyi and Joshua Chibueze [l-r] PiggybankNG Co-founders_small

Piggybank.ng becomes PiggyVest 

In a press release issued today, online savings and investment platform, Piggybank.ng, announced its evolution from Piggybank.ng to PiggyVest — a much broader and holistic financial management...
MTN Nigeria

Court adjourns MTN’s case yet again

The $2 billion tax case between MTN Nigeria and the Office of Nigeria's Attorney General suffered yet another delay today, following its adjournment.
Meyer plc appoints Devashish Nath

Focus: This old paint company is struggling to remain king

There are about five paint manufacturing companies that are currently listed on the Nigerian Stock Exchange.

Caverton releases statement following VP’s crash landing

Following this afternoon's crashlanding of a helicopter with the Vice President Professor Yemi Osinbajo on board,  Caverton Offshore Support Group (parent company of Caverton...
Kupanda Holdings, Mavin Records, Don Jazzy, Music Label, Equity

Mavin Records secures multimillion-dollar equity investment

Mavin Records, Africa’s industry-leading music label, announces its multimillion-dollar equity investment partnership with Kupanda Holdings.

Fintech companies to watch out for in 2019  

The disruption fintechs have brought about is certainly undeniable, even as their effectiveness is one of the qualities that have distinguished them.
Diamondxtra, Access Diamond merger, Diamond Bank, Access Bank, Consolidation, Merger, Shareholders, International Women's Day

Access/Diamond merger: No plans to close any branch

Access Bank and Diamond Bank, yesterday, gave an update in its merger plans.
NSE All Share Index

NSE extends trading hours after 4 hour glitch

The Nigerian Stock Exchange (NSE) today encountered a technical glitch which impacted trading activities for about four hours. The bourse disclosed this in a notice...

How EFCC allegedly froze Nairabet’s Polaris Bank account

Akin Alabi narrated how the EFCC allegedly placed a limit on his company’s accounts.
Diamondxtra, Access Diamond merger, Diamond Bank, Access Bank, Consolidation, Merger, Shareholders, International Women's Day

What might be your fate as a Diamond Bank Staff

As the news of Access Bank’s likely merger with tier two lender, Diamond Bank continues to filter into the financial system, one thing that...
Diamond Bank's merger with Acess Bank

Access Bank merger: This is what will happen to your Diamond Bank Deposit

Echoes of banking failures in the past have left many Nigerians wary of news concerning a merger.

Deal: Access Bank to merge with Diamond Bank to form Nigeria’s largest bank

It was celebrations galore at Access Bank over the weekend as the Nigerian Tier 1 bank hosted its annual Xmas party for staff, business...
Sheraton Abuja hotel

Why Capital Hotels paid over N500 million as damages to an ex guest

Capital Hotels Plc stated that it had the sum of N560 million deducted from its account with Guaranty Trust Bank.
VFD Group Limited

See how VFD Group plans to reposition Nigeria’s economy

VFD Group Limited recently held its 2nd AGM in Lagos, during which the board of directors obtained shareholders' approval to raise capital for expansion purposes.
Notore PLC

These companies may benefit from the CBN’s latest FX policy

The Central Bank of Nigeria (CBN) Governor Godwin Emefiele, made good his threat to add other items to the list of those banned from the official exchange market.
Investment One Financial Services Limited

Investment One advocates investment in tech as it clocks ten

Investment One Financial Services Limited wants Nigerians to really think about some of the tech ideas that are shaping the future, and invest in them.
Reggie Middleton, Veritaseum, Stockbrokers, NSE, Blockchain, NSE, ASEA 2018

Could this be the end for stockbroking firms in Nigeria?

A blockchain is a growing list of records, called blocks, which are linked using cryptography.

CRe Nigeria may be delisting soon

Continental Reinsurance Plc has sent a notice to the NSE announcing a proposed acquisition of minority holdings by its key shareholder CRe Investments
Cosmas Maduka

How Cosmas Maduka moved from an Underaged apprentice to a multi-billionaire

Across the African continent, there are several stories of successful business tycoons. Some had strong financial boosts from their already wealthy families, while for others,
9mobile court case. Investors sue 9mobile, Owners of 9mobile, Teleology, 9mobile, KPI, NCC, CBN

NCC approves new owner for 9mobile

The Nigerian Communications Commission (NCC) has approved the transfer of 9 mobile to new investor, Investment Holding Company, Teleology Holdings Limited. According to Reuters the...
Union Dicon Salt Plc

Focus on this small-cap company and its very ‘salty’ business 

The small-cap company, with its authorised share capital of N300 million, is based in Lagos where it operates at the Kirikiri Lighter Terminal Phase 2.
Gbenga Adebayo; Chairman of the Association of Licensed Telecoms Companies of Nigeria  (ALTON)

NCC’s restriction on VAS is endangering Telcos – ALTON

ALTON chairman give an outlook for the industry in 2019, and challenges telecommunication firms face in Nigeria.

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Application for Canadian Permanent Residency hits 27900

Applications for Canadian Permanent Residency hit 27,900 in 4 months

According to the April edition of the Canadian Immigration Newsletter, Canada has issued a total of 27,900 Invitations to Apply (ITAs) to Express Entry candidates so far in 2019. 
Canadian permanent residency

Canada invited 3,350 Express Entry Candidates to apply for PR in its April draw

Canada invited 3,350 Express Entry candidates to apply for Canadian permanent residency (PR) in a new draw held on April 17. This is contained in the country's recently released monthly newsletter.

GTBank holds 2019 AGM in Lagos to discuss important company matters

Guaranty Trust Bank Plc held its 29th  annual general meeting (AGM)  in Lagos, yesterday, to deliberated on a number of important issues.