First Aluminium Plc Appoints New MD

s Managing Director effective January 13, 2014. s Board of Directors at its meeting held on January 16, 2014 approved the appointment of Mr...

Courteville Announce Autoreg For Adamawa State Government

This from Courteville Plc; Courteville Business Solutions PLC is pleased to announce the approval effective February 2014 by the Adamawa State Government for the automation of...

Argentina Blames Online Shopping For Dwindling Forex Reserves and Decides To Fight It In...

It appears Nigeria is not the only country facing depleting forex reserves. However, whilst the CBN blames public sector spending, Argentina took a rather...

Who Is Buying? Bureau de Change Consume $1billion Weekly

According to the Nation report; Bureau de Change operators consume on the average, over $1billion in foreign exchange transactions per week and close to $4.2billion...

The Sell Off Has Started; Banks Lost N86.5billion In Market Cap Today (22/1/2014)

It was a bad day at the office for Nigerian banks today (22/1/2014) as the NSE Banking Index lost a whopping N86.5billion in value...

75% CRR: These Are The 4 Axis Of Evil Threatening The Economy And Why...

The CBN in its latest MPC meeting raised its Cash Reserve Requirements on public sector funds from 50% to an astonishing 75%!! This made...

Exchange Rate Opens Week @ N173 To $1 At Black Market

The naira depreciated marginally against the United States dollar at all the forex market segments last week due to strong demand for the greenback. Specifically,...

A Prof’s Uncanny Take On Why and How Lending Rate Must Go Down

The Director-General/Chief Executive Officer, West African Institute for Financial and Economic Management (WAIFEM), Prof. Akpan Ekpo, was interviewed by DANIEL ESSIET of The Nation...

The Man Behind GSK Nigeria’s Dominant Market Share Is Resigning

The Managing Director of GSK Consumer Nigeria Plc, Mr. Chidi Okoro will  resign from the company  with  effect from March 15, 2014. The Chairman...

The Banking Industry May Face Liquidity Crisis Should This Happen…

Hold on, relax and catch a breath. This by no means is not a cause for alarm but still important for investors like me...

Still Confused? Businessday Breaks Down Oando/Conoco Phillips Deal

The article below was culled from BusinessDay and is useful for those looking at investing in Oando. For me, I'm not totally convinced as...

Unity Bank Has a New MD as CBN approves Semenitari’s appointment as Unity Bank’s...

THE Central Bank of Nigeria (CBN) has approved the appointment of Mr. Henry James Semenitari as the new managing director/CEO of Unity Bank Plc. The...

Do These Stats Indicate Once Again That Banking Stocks Are Undervalued?

As members of the Nigerian banking public await the 2013 full year financial reports of money deposit banks, which are currently going through the...

Sanusi Suggests Ways To Fight Vested Interest In This Tedx Video

http://www.youtube.com/watch?v=IjViGLJIU9g I'm not a typical Sansui fan considering his activists style of being a CBN Governor. However, it is almost impossible to doubt his sincerity...

12 Words You Need To Delete From Your Resume

According to a recent study, recruiters spend an average of 6.2 seconds looking at an individual resume. Working with that kind of attention span and operating...

Why Some Cadbury Shareholders May Sue The Company Over Capital Reduction Plans

Business Day reports Some shareholders of Cadbury threatened to sue Cadbury Nigeria Plc over the company’s plan to embark on share capital reduction. The shareholders, under...

Na so==>Retirement won’t affect my chances at CBN – Lemo

The Deputy Governor, Operations, Central Bank of Nigeria, Mr. Tunde Lemo, on Thursday said his exit from office would not affect his chances of...

Official: Sanusi Stays as CBN Gov till June 1

This from Thisday; The embattled Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, has allayed concerns over his departure, informing his staff that...

Access Bank Appoints Ex GTB ED AS ED Business Banking

Access Bank Plc Announces the Appointment of Executive Director, Business Banking The Board of Directors of Access Bank Plc is pleased to announce the appointment...

President Asks Sanusi to Resign over Leaked $49.8bn Letter

This from Thisday; President Goodluck Jonathan has asked the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, to resign immediately on the grounds that...

Time Up as Tunde Lemo Completes 10 years at The CBN

The Deputy Governor in charge of the Operations Directorate at the Central Bank of Nigeria (CBN), Mr. Babatunde Olakunle Lemo, will retire from the...

Black Market (N173) vs CBN (N155.7)||Naira Drops Marginally as RDAS Reopens

The Deputy Governor, Corporate Services, CBN, Alhaji Suleiman Barau recently said the naira has outperformed the greenback and other international currencies. “The naira is not...

Did FBNH Just Insinuate The CBN cost them N15b in lost revenue?

I wrote in my last review of FBNH results that a flat earnings growth for 2013 will be a plus.  So it's no surprise...

A crazy but worrying reason why this Economist Thinks Sanusi is Leaving the CBN

It's no longer news that the CBN Governor Lamido Sanusi Lamido will be leaving the helm at the CBN. As expected the market and...

Access Bank Bites The Bullet: Completes Divestment From Loss Making Access Bank Cote d’Ivoire

The Board of Directors Access Bank PCL announced the completion of the Bank’s divestment from its Cote d ’Ivoire subsidiary, Access Bank Cote d’Ivoire. The...

Need Forex? These Options Are Cheaper and Better Than Black Market

A friend was going traveling out of the country for the Xmas holiday with his family. It is a yearly ritual for them as...

How British Visa Fees Will Be Paid In Naira

The British High Commission (BHC) in Nigeria has explained that while its visa fees are denominated in dollars, the payment can be made in...

Official: GTB Completes Aquisition of Fina Bank Plc In Kenya, Uganda and Rwanda

The Nigerian Stock Exchange reports; Guaranty Trust Bank Plc (GTbank) has notified them that reference to their letter dated July 16, 2013 informing The Exchange of...

Why FBN Holdings Is Yet To Release Its 2013 9 Months Interim Results

FBN Holdings Plc (“FBNH”) has notified The Nigerian Stock Exchange that FBNH and its subsidiaries are currently going through an audit of its nine...

It’s Official: Cadbury Shareholders Approve Capital Reduction

The Nation Reports; Cadbury Nigeria Plc is reducing its capital base by about N12billion under a plan approved yesterday by its shareholders.The measure will result...

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Andela is laying off 420 engineers as it refocuses strategy

@Andela has just announced that it is letting go as many as 420 junior engineers across its operations in Nigeria, Kenya, and Uganda.
Trans-Nationwide Express Plc

With $1 million, a delivery startup could acquire Trans-Nationwide Express Plc 

It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.
Andela

Employers are already after the laid-off Andela engineers

Celestine Omin (@cyberomin), who once worked @Andela as a Technical Consultant and later @Paystack, has something for Andela's laid-off junior engineers.