CATEGORY: QUICKTAKES

How to calculate Dangote’s networth

How to calculate Dangote’s networth

Aliko Dangote is known as Africa’s richest man and a big time business man...


How GTB posted record N84 billion half year profits despite lending less money

How GTB posted record N84 billion half year profits despite lending less money

When the MD/CEO of Guaranty Trust Bank, Nigeria’s largest bank by market capitalization, Segun...


This data shows only N319 billion raised via IPO in Nigeria since 1999

This data shows only N319 billion raised via IPO in Nigeria since 1999

Data from the Security and Exchange Commission show Nigerian corporates have only been able...


This is the N7 trillion CBN debt no one seems to be talking about

This is the N7 trillion CBN debt no one seems to be talking about

The Central Bank of Nigeria has been attracting much kudos of late especially for...


4 signs that could indicate when small business borrowing cost will drop

4 signs that could indicate when small business borrowing cost will drop

Nigeria’s maximum lending rates topped 30% in June for the fourth consecutive month in...


Upsides emerge as investors dump Zenith Bank for weak dividends

Upsides emerge as investors dump Zenith Bank for weak dividends

Zenith Bank reported what is its best half year results in history, after reporting...



Recession over at last? 3 reasons why the NBS chief ‘feels’ so

Recession over at last? 3 reasons why the NBS chief ‘feels’ so

The Statistician-General and chief executive officer of the National Bureau of Statistics Yemi Kale...


BOOM: External reserves hit two year high (highest since July 2015)

BOOM: External reserves hit two year high (highest since July 2015)

Nigeria’s external reserves surged to $31.2 billion, the highest since July 2015, according to...


Why banks and FinTechs will not enter a 2-horse race

Why banks and FinTechs will not enter a 2-horse race

The Director, Banking and Payments System Department of the Central Bank of Nigeria believes...


Half year results show mixed fortunes for Nigeria’s downstream players

Half year results show mixed fortunes for Nigeria’s downstream players

Investors in some of Nigeria’s major downstream companies, expecting a repeat of last year’s...


IFC, Ecobank, BOI on the hook as Tantalizers stares at Liquidation

IFC, Ecobank, BOI on the hook as Tantalizers stares at Liquidation

The trio of Ecobank International, Bank of Industry and IFC may have taken or...


Nigerian Banks explain why they won’t take provisions on 9Mobile loans

Nigerian Banks explain why they won’t take provisions on 9Mobile loans

Nigerian banks have confirmed that a deal is now in place to allow 9Mobile run...


Takeaways from Unilever Nigeria’s first conference call

Takeaways from Unilever Nigeria’s first conference call

Unilever Nigeria earlier today held its first ever conference call. Management discussed a range...


Guinness just admitted stout market is dying

Guinness just admitted stout market is dying

Guinness Nigeria Plc seems to have given up on the premium beer market as...


This data confirms businesses are ‘smiling’ again

This data confirms businesses are ‘smiling’ again

The Purchasing Managers’ Index rose to 56.8 points in July 2017 for the fourth...


Foreign investors buy 2.3% of Dangote  Cement in N86.1 billion deal

Foreign investors buy 2.3% of Dangote Cement in N86.1 billion deal

Reports from Reuters suggest foreign investors have bought a 2.3% stake in Dangote Cement...


These 8 Dangote Sugar staff have been accused of stealing N451 million

These 8 Dangote Sugar staff have been accused of stealing N451 million

Billionaire Aliko Dangote may not be a very happy man at the moment as...


Nigerian Pension Fund Contributors in for a windfall as Pension Index Gains 54% in 7 months

Nigerian Pension Fund Contributors in for a windfall as Pension Index Gains 54% in 7 months

Data from the Nigerian Stock Exchange shows that Nigeria’s pension index has recorded a...


Despite recession, cement companies report over N570 billion in revenue so far in 2017

Despite recession, cement companies report over N570 billion in revenue so far in 2017

Nigeria’s 3 major cement companies have made a total of N574.5 billion in revenues...


The key numbers behind FBNH 2017 Half year results

The key numbers behind FBNH 2017 Half year results

FBN Holdings Plc on Thursday announced its unaudited results for the six months ended...


Board Games: Unity Bank, Veritas musical chairs with UnityKapital Assurance

Board Games: Unity Bank, Veritas musical chairs with UnityKapital Assurance

UnityKapital Assurance Plc in a notice sent to the Nigerian Stock Exchange (NSE) on...


LSETF launches VC Structure to fund more startups

LSETF launches VC Structure to fund more startups

Lagos State employment trust fund, LSETF has announced plans to partner with high net-worth...


Forte Oil to eliminate “I better pass my neighbour” with new alternative energy product

Forte Oil to eliminate “I better pass my neighbour” with new alternative energy product

In an exclusive tweet chat yesterday with Nairametrics, Mr Akin Akinfemiwa Group CEO of...


FLASH: Nearly N1 billion worth of bitcoin was traded in Nigeria last week

FLASH: Nearly N1 billion worth of bitcoin was traded in Nigeria last week

In a sign of growing adoption of bitcoin and other cryptocurrencies, a report from...


LASG has issued demolition order for these estates

LASG has issued demolition order for these estates

The Lagos State Government has ordered owners of buildings erected on drainage alignments and...


Oando’s Share Price recovers after alleged SEC investigation

Oando’s Share Price recovers after alleged SEC investigation

Shares of Oando Plc have fallen just 1.5% since news of an investigation by...


CBN blows past N3 trillion in treasury bills sales, YTD July 2017 alone

CBN blows past N3 trillion in treasury bills sales, YTD July 2017 alone

Available data from the Central Bank of Nigeria shows the government via the CBN...


Four takeaways from Wema Bank’s H1 2017 Conference call

Four takeaways from Wema Bank’s H1 2017 Conference call

Tier two lender, Wema Bank yesterday held a conference call in respect of it’s...


Why Afriprudential Plc is a short term buy

Why Afriprudential Plc is a short term buy

Afriprudential Plc yesterday released its 2nd quarter 2017 results, and they are fantastic. Profit...


Reasons behind the Uber Germaine Auto partnership

Reasons behind the Uber Germaine Auto partnership

Ride sharing app Uber has gone into partnership with Germaine Auto, a car sale...