Friday, April 27, 2018
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QuickTakes

A cursory review of Nigerian businesses and the economy

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How to withdraw from pension before retirement age?

Everyday Money Matters (EMM) is live on @lagostalks913 every Wednesday between 7.30am-8.00am. On the show, we give answers to questions from our listeners and...

Fund raising is not an achievement by @AremoFisayo

Maybe it's time we rethink the excitement of fund raising capital An entrepreneur (E1) was trying to introduce another entrepreneur (E2) to me. E1 believed...

A looming bubble? … As the Bitcoin hits $10,000.

The series of attacks on the “people’s currency” by several credible international banks should naturally cause the digital currency to witness a downtrend. However, the...

These are the worst sectors in the Nigerian economy this year

Nigeria's quest for a return to economic growth got a major boost this week after the National Bureau of Statistics reported that Nigeria's 2017...

Why the just released Q3 2017 GDP figures are worrying

The Nigerian Bureau of Statistics (NBS) today released Q3 Gross Domestic Product (GDP) 2017 statistics and on face value they are fairly positive. GDP...

Three economic trends one should watch out for in Africa

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors...

Wind Energy: A choice for energy generation in Nigeria.

Wind energy (or wind power) is a form of renewable energy that uses airflow to generate electricity.Wind turbines are typically about 120 metres high to capture...

Biomass…a preferred alternative source of energy generation in Nigeria

Biomass are resources generated from plant materials like wood that can be degraded. i.e. convertible materials. And principally, it is the result of what...

These states will benefit from the proposed 2018 budget.

The president earlier this week presented a proposed budget of N8.6trillion to the National Assembly. The total revenue projection is put at N6.6 trillion...

23 straight quarters; this listed company, still has no revenues.

Imagine owning a business that post no revenues? This is often synonymous with Startups and businesses still at conceptualization stages. Now, imagine if this...

The Voluntary Assets and Income Declaration Scheme… how far can it go?

The Federal Government in its bid to increase the revenue-base and also bring more people into the tax-  system recently launched the Voluntary Assets...

Buhari fails to address PIGB, Jobs & Education in 2018 Budget speech

Nigeria's President Buhari outlines his 2018 Budget to a joint session of the National Assembly on Tuesday. The President presented a budget of N8.6 trillion...

Buhari’s ‘doomed’ 2018 budget in 5 quick takes

President Muhammad Buhari presented the 2018 Budget of N8.6 trillion to the National Assembly on Tuesday, 7th November 2017 tagged, Budget of Consolidation. Major highlights...

Nigerians spend N83.2 trillion on consumption expenditure, save N10 trillion

Nigerians spent a total of N83.2 trillion as consumption expenditure in the fiscal year ended December 2016. This is according to Gross Domestic Product...

This week: What to expect from the Nigerian Economy

This is Nairametrics Outlook for the week ending November 4th, 2017 The week from the rear view Last week, the Central Bank...

Implication for stocks, now that MSCI has retained Nigeria in the frontier index

Cardinal Stone: Late Thursday (oct 26th), Morgan Stanley Capital International (MSCI) announced that Nigeria stocks will remain part of its frontier index and are...

After crude, red-oil beckons

The slump in the Global oil Price has led to a sharp drop in the foreign exchange earnings of the Nigerian Government.This sector accounts...

Dangote rakes in 93% of Nigerian Cement profits

Nigeria’s 3 largest cement companies made a total profit of N207 billion as at the 3rd quarter of 2017. Of this sum. Dangote Cement...

This week: What to expect from the Nigerian Economy

This is Nairametrics Outlook for the week ending October 28th, 2017. The week from the rear view Last week, Corporate Nigeria was...

Nigeria’s debt and the economy

It has been all over the tabloids; the Nigerian government’s intention to acquire debt by floating Eurobonds. And this hasn't come without its fair...

GT Bank earns whopping N66 billion from Treasury Bills

Nigeria's largest commercial bank in terms of market capitalization, GT Bank released its 2017 9 months results on Wednesday. The bank reported a pre-tax profit...

Does the latest decline in earnings make United Capital a sell?

United Capital Friday released its 9M results for the period ended September 2017 and they reflected a decline in the bottom line. While gross...

7 reasons why Kemi Adeosun’s luxury tax plan will not work

Finance minister Kemi Adeosun while speaking at a press briefing held on the sidelines of the just concluded IMF conference held in Washington, announced...

This week: What to expect from the Nigerian Economy

This is Nairametrics rundown of what to expect in the Nigerian economy this week. The month of October is typically the earning month and...

This President has a word of caution about cryptocurrencies

Russian President Vladimir Putin has sounded a note of warning about the use of bitcoin by criminals. Putin made the comments at a conference...

What you should know about this month’s Federal Savings Bond Auction

  Type of Investment Fixed income investment where your capital and interest are guaranteed Interest Rate Interest payments are tax exempt. Tenor 2 years and 3 years respectively Annual Coupon Coupon Rate...

NNPC’s TKO: Four options available to Emmanuel Ibe Kachikwu

In a statement posted today on its website, the Nigerian National Petroleum Corporation (NNPC) replied allegations contained in a leaked memo by the Minister...

Refining is about to take a new turn in Nigeria

The petroleum industry received a new boost recently as the Federal Government reduced the cost of obtaining a refinery license from $1,000,000(one million dollars)...

Nigerian Stock Exchange hammer falls on these 4 companies

The Nigerian Stock Exchange (NSE) has once again swung the big stick against 4 companies for flouting its rules on submission of results. An...

Dangote abandons plans to acquire South Africa’s PPC

Dangote Cement, Nigeria and Africa's largest Cement maker has ditched plans to acquire South African Cement Company, PPC. Here is an excerpt from a Reuters...