This Chart Shows Forte Oil’s Meteoric Rise From N7.7 As At January And N70.88 Today!!

This Chart Shows Forte Oil’s Meteoric Rise From N7.7 As At January And N70.88 Today!!

  Forte Oil has been on my radar recently for the right or wrong reasons. They recently released their 9 months results which beats...


Yes!!! FG, Joint Tax Boards Bans Tax Contractors, MDA’s From Collecting Taxes And Levies

The Government and the Joint Tax Board has now made it a crime for any state in the country to engage anybody or an organisation...


Official: Nigeria Now Off The Money Laundering & Terrorist Funding List. Now, Will Paypal Grant Us Access?

The Guardian Newspaper reports the Financial Action Task Force (FATF)- the body that is combating corruption practices related to money laundering and terrorist financing...



How To Sell Your Gold For Cash

I culled this highly educative article from the Punch’s Am Business Column. It’s worth sharing and do visit the column for more financially educative...


Sanusi: Why CBN Stopped Payment Of Electronic Money Transfers In Dollars

The CBN Governor Sanusi Lamido Sanusi was Washington DC speaking to a cross section of Nigerians reporters during the just concluded IMF/World Bank meeting....


Fidelity Bank Plans To Increase Its Exposure To The Power Industry

Fidelity Bank Plans To Increase Its Exposure To The Power Industry

The Chief Executive Officer, Fidelity Bank Plc, Mr. Reginald Ihejiahi, has said that the bank is committed to financing more Independent Power Plant projects...


This Is What Renaissance Capital Thinks Of Zenith Bank’s Current Share Price That Has Hit Its 4 Months High

This Is What Renaissance Capital Thinks Of Zenith Bank’s Current Share Price That Has Hit Its 4 Months High

Zenith Bank closed the week ended October 18 at N22.04 taking the stock to its highest level since June 12 2013. The price still...


Official: Computer Warehouse Group WIll List In November for N5.48 Per Share

Official: Computer Warehouse Group WIll List In November for N5.48 Per Share

Thisday Reports the Computer Warehouse Group is planning to list in the Nigerian Stock Exchange in November 2013. According to the paper the company...


How To Estimate Your Personal Net Worth

How To Estimate Your Personal Net Worth

Some weeks back, Forbes released its list of top billionaires around the world including Africa. Our own Alhaji Aliko Dangote was named yet again...


This Is What The Worlds Richest Woman Had To Say About Jealous People

This Is What The Worlds Richest Woman Had To Say About Jealous People

The world’s richest woman, Australian mining tycoon Gina Rinehart whose family iron ore prospecting fortune of Aus$29.2 billion (US$30.1 billion) had this to say about...


Earnings Analysis 2013 9months: Forte Oil Plc Beats Earnings Expectations

Earnings Analysis 2013 9months: Forte Oil Plc Beats Earnings Expectations

Forte Oil Plc released its 2013 9 months results showing a YoY 29% rise in revenue to N92.1million (2012 9months: N71.4million). Operating profit also...


6 Reasons Why You Are Not Yet A Millionaire

6 Reasons Why You Are Not Yet A Millionaire

I found this article in wisebread.com and thought I should repost it in this blog. Whilst a foreign content a lot of what it...


Earnings Analysis 2013 9 Months: Courteville Stays The Course

Earnings Analysis 2013 9 Months: Courteville Stays The Course

Courteville Business Solutions released its 9months earnings results showing an 18% increase in revenue to N914million compared to N775million same period last year. Gross...


Port Charges May Increase For Importers

Port Charges May Increase For Importers

Leadership Newspaper reports; There is an imminent increase in cargo handling and storage charges at the nation’s seaports by terminal operators. Importers may soon...


Top Ten Stocks In The Nigerian Stock Exchange 17/10/2013

Top Ten Stocks In The Nigerian Stock Exchange 17/10/2013

  Below is a list of top gainers and losers for the day. For more information on individual stocks such as price, charts, movements...


How To Get More Income From Old Clients

Below are other means to boost sales from old customer base, according to experts: Offer some products in bundles You can offer some of...


Alert: Oando Obtains Commitment For $815m Loans To Buy Conoco Philips Asset

Alert: Oando Obtains Commitment For $815m Loans To Buy Conoco Philips Asset

  Thisday Reports Oando Plc has obtained financial commitments from three foreign banks and two Nigerian investment banking firms for up to $815 million of  to...


Investor Watch: 8 Nigerian Banks Lend Total Plc $7.5billion

Investor Watch: 8 Nigerian Banks Lend Total Plc $7.5billion

Guaranty Trust Bank Plc, Ecobank Nigeria, Zenith Bank, Diamond Bank, United Bank for Africa, Standard Chartered Bank, Access Bank and Fidelity Bank have all...


Company Watch: Lafarge Plans To Increase Production Capacity

Company Watch: Lafarge Plans To Increase Production Capacity

  Businessday reports Lafarge Plc, owners of Lafarge Wapco Plc, hinted that they have plans for capacity expansion. The Paper quotes the Managing Director...


Alert: Pharma-Deko Served Winding Up Order

Thisday Reports that Pharma-Deko has been served a liquidation notice by the Financial Derivatives Company. See below;   An Ogun State-based firm, Pharma-Deko Plc,...


Imagine Living Your Current Lifestyle Without A Salary

Chike is a top management employee of a bank. He owns a house in Victoria Garden City and travels abroad with his family every...


Deal: AMCON To Take Over Tinapa

Deal: AMCON To Take Over Tinapa

The Asset Management Corporation of Nigeria is to take over the management of Tinapa Business Resort following a settlement agreement with the Cross River...


This Is How Microsoft Plans To Promote Venture Capital In Africa

This Is How Microsoft Plans To Promote Venture Capital In Africa

Microsoft Ventures is the Venture Capital arm of Microsoft with a mandate to fund startups particularly in Africa. In a CNBC video call, the Microsoft’s...


This Simple Table Demonstrates How A One Time Investment Of N1million Can Grow To N9million In 20 Yrs

This Simple Table Demonstrates How A One Time Investment Of N1million Can Grow To N9million In 20 Yrs

I have enumerated the power of compound interest in this blog a few times. I have also suggested the high yielding FGN Bonds as...


Top Gainers & Losers October 14, 2013

Below is a list of top gainers and losers for the day. The NSE All Share index rose 0.16% to 37,051.14.For more information on...


Forte Oil Shares Appears Over Bought As It Crosses Three Year High At N52.92

Forte Oil Shares Appears Over Bought As It Crosses Three Year High At N52.92

Forte Oil Plc is currently on a 3year high and still rising. The stock is currently trading at N52.92 only. The stock also trades...


How 2 Brothers Bought Cage Fighting Ufc For $2Million And Turned It Into A $500M Revenue Making Company

How 2 Brothers Bought Cage Fighting Ufc For $2Million And Turned It Into A $500M Revenue Making Company

Lorenzo Fertitta is probably a name you have never heard of but I’m nearly certain you might have heard or seen the Ultimate Fighting...


3rd Quarter Results: Analyst Predict Doom For Nigeria Banks

Q3 results are expected to start trickling in this week and will continue till the end of the month. As usual, it’s time for...


The Bank Set Up To Help SME’s Is Bankrupt

The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have taken over the management of the National Economic Reconstruction Fund...


My Fantasy==> That One Day Nigeria Will Have Mortgage Rates This Good

My Fantasy==> That One Day Nigeria Will Have Mortgage Rates This Good

I don’t have a property of my own and don’t have plans buying any at the moment. Why is that? Well, I haven’t been...