All the latest Nigerian company news, market intelligence and analysis

Skye Bank

Those responsible for Skye Bank’s failure will face the law soon

FG has made known its intent to prosecute all those who are responsible for the collapse of the now-defunct Skye Bank Plc.
Microfinance banks

If your bank is on this CBN list, your money is safe

CBN has released the list of banks operating in Nigeria, as at the 30th of September, 2018.

Access Bank denies plans to acquire Diamond Bank

Access Bank have denied plans to acquire Diamond Bank's assets to its list of portfolio.

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...
Sterling Bank Tweet

Tweet Banter: Sterling Bank ignites “tweet war” with rival Nigerian banks

Sterling Bank late Friday posted a tweet that apparently took a stab at some rival Nigerian banks. The tweet has ignited tweet responses from...

Stiff competition shuts down P&G’s $300m diapers plant

Procter & Gamble (P&G) is in the process of shutting down its multi billion Naira Agbara plant.
Visionscape Sanitation Solution

Visionscape explains why it shut down operations in Lagos

Visionscape Sanitation Solution has given reasons for shutting down its operations in Lagos.

Deloitte is recruiting fresh graduates and experienced Accountants

Do you have what it takes to make an impact that matters? Then you can be part of our prestigious firm!
CACS, Central Bank of Nigeria, CBN, anchor borrowers

Are these the banks with poor liquidity ratios?

This article has been taken down following a letter by Proshare to Nairametrics. In the letter, Proshare explained that "the tweet upon which this...

Stanbic, ARM, Zenith & Afrinvest Equity Mutual Funds Record Worst Returns In 2015

If you are a Nigerian equity market investor and for whatever reason chose to invest your money through mutual funds in 2015, it would...

REVEALED: Here are the names of AMCON debtors

AMCON has released the names of its top 105 delinquent debtors.
Skye Bank

CBN takes over Skye Bank, announces a new name

The Central Bank of Nigeria (CBN) has revoked the operating license of Skye Bank Plc with immediate effect.
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.

Executive Compensation Package Of Top Nigerian Companies (Updated 4/4/2016)

Nigerian Companies reveal their executive compensation packages in their annual reports. Nairametrics will be tracking executive compensation of select companies with annual revenues of...
MTN Mobile Money, CBN,

Banks are worried they may lose customers to MTN

MTN, other telecommunications company to acquire payment banking license

The 10 major stories trending in Nigeria right now

Nigeria, our beloved country is never short of stories to ponder on and argue about. When we think we have heard enough of one political, business,...

Ten Areas Buhari Has Failed Nigerians

President Muhammadu Buhari was elected last year amid a yearning by Nigerians for committed focused leadership on all fronts. Ten months into his presidency,...
Diamond Bank's merger with Acess Bank

Why Diamond Bank Directors resigned

Facts have emerged on the reasons for the sudden resignation of four Directors of Diamond Bank Plc.
Sterling Bank Tweet

Sterling Bank apologises, takes down tweet after CBN’s accusation of “demarketing”

Sterling Bank on Tuesday apologised for a subtle banter tweet it posted via its Twitter handle on Friday. In a tweet posted on Tuesday,...

42% of Bank employees now contract staff as fresh graduates settle for less

Contract staffs are now on track to surpass the 50% mark in the next few months.
A B C Orjiako

Seplat exonerates self from $114m court judgement against Chairman

The management and Board of Seplat Petroleum Development Plc have quickly exonerated itself from a recent court judgement involving its Chairman, Mr A. B.C Orjiako.
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.
Diamond Bank, Access Bank

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...
Access Bank Plc

CBN unveils Nigeria’s most sustainable bank of the year

Over the weekend, the Central Bank of Nigeria, CBN, announced Access Bank Plc as Nigeria's most sustainable bank of the year.

BUA Group and This Chinese Company Will Build A $1.9b Steel Plant In Nigeria

Chairman of BUA Group, Abdulsamad Rabiu, has revealed to Reuters that the company is in talks with SINOMA, a Chinese company to build a...

[MONEY] Guinness Nigeria Launches N10billion Commercial Paper On FMDQ

Guinness Nigeria Plc plans to list N10 billion series 2 and 3 commercial paper issues on the FMDQ platform. N7.23bn series 2 and N2.77bn...

Official: United Securities Ltd Are Now Registrars To Dangote Cement Plc

United Securities Ltd have announced that they are now Registrars of Dangote Cement Plc. As such all Registrar services regarding Dangote Cement will have...
Airtel Nigeria

Airtel partners phone brands to woo customers as subscribers decline

Airtel Nigeria has partnered three of the leading phone brands in Nigeria to offer increased value delivery to customers.

FBNH Profit Warning: RenCap Says You Should Sell

I guess for Renaissance Capital bank analysts its better late than never. After their last research report on FBN Holdings in December that recommended a...

Major Shakeup: Why UBA Appointed 5 New Directors

Nigeria's Tier 1 Bank, United Bank for Africa (UBA) has announced the appointment of 5 new directors in an unprecedented move that surprised some...