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BREAKING
  • Heirs Holdings acquires 45% of OML 17 for $1.1bn
  • Don’t miss 9 benefits of registering businesses with the CAC
  • Inflation defies border reopening order, peaks at 15.75% YoY
  • ATCON president, Nnanmani reacts to lost 1.65m broadband connections
  • Ardova set to acquire Enyo
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  • Jan 16, 2021 Business Metrics 0
    Don’t miss 9 benefits of registering businesses with the CAC
    Don’t miss 9 benefits of registering businesses with the CAC   Obviously,...
    General Business Metrics Featured 
  • Jan 16, 2021 Ugochi Emmanuel 0
    Inflation defies border reopening order, peaks at 15.75% YoY
    Inflation defies border reopening order, peaks at 15.75% YoY   Inflationary pressure...
    Economy Featured 
  • Jan 14, 2021 Umar Suleiman 0
    ATCON president, Nnanmani reacts to lost 1.65m broadband connections
    ATCON president, Nnanmani reacts to lost 1.65m broadband connections   Engineer Ikechukwu...
    Featured Telecoms 
  • Jan 13, 2021 Business Metrics 0
    FG spent N6.46trn on debt servicing, personnel in 2020 – Minister
    FG spent N6.46trn on debt servicing, personnel in 2020 – Minister  ...
    Finance Featured 
  • Jan 13, 2021 Banjo Olaniran 0
    Rising appetite for undervalued stocks boost equities by N76bn
    Rising appetite for undervalued stocks boost equities by N76bn   The Nigerian...
    Capital Market Featured 
Ardova set to acquire Enyo

Ardova set to acquire Enyo

Jan 14, 2021 0
CAC raked in N19b revenue in 2020

CAC raked in N19b revenue in 2020

Jan 14, 2021 0
Nigeria still faces 500,000MT rice production shortage

Nigeria still faces 500,000MT rice production shortage

Jan 13, 2021 0
Today: Bitcoin extends tumble in further blow to volatile crypto boom

Today: Bitcoin extends tumble in further blow to volatile crypto...

Jan 13, 2021 0

Recent Posts

  • Heirs Holdings acquires 45% of OML 17 for $1.1bn Jan 16, 2021
  • Don’t miss 9 benefits of registering businesses with the CAC Jan 16, 2021
  • Inflation defies border reopening order, peaks at 15.75% YoY Jan 16, 2021
  • ATCON president, Nnanmani reacts to lost 1.65m broadband connections Jan 14, 2021
  • Ardova set to acquire Enyo Jan 14, 2021
  • CAC raked in N19b revenue in 2020 Jan 14, 2021
  • Cautious Optimism Still On NGSE, As Investors Position In High Yield, Dividend Stocks Jan 13, 2021

MARKET

  • Ardova set to acquire Enyo
    Jan 14, 2021 Ugochi Emmanuel 0

    Ardova set to acquire Enyo

    Ardova set to acquire Enyo   Ardova Plc (AP), a leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited (Enyo) have entered discussions relating to AP acquiring Enyo. Enyo is one of the newest and fastest growing retail and supply companies in the...
    Company Reports News 
  • Ecobank
    Jan 13, 2021 Ambrose Omordion 0

    Cautious Optimism Still On NGSE, As Investors Position In High Yield, Dividend Stocks

    Market Update for January 12 By Investdata Analysts Nigeria’s stock market on Tuesday extended its bullish...
    Capital Market 
  • undervalued stocks
    Jan 13, 2021 Banjo Olaniran 0

    Rising appetite for undervalued stocks boost equities by N76bn

    Rising appetite for undervalued stocks boost equities by N76bn   The Nigerian equities market sustained uptrend...
    Capital Market Featured 
  • Zoom Video
    Jan 13, 2021 Business Metrics 0

    Zoom Video raises $1.75bn in new stock offering

    Zoom Video raises $1.75bn in new stock offering   Zoom Video Communications Inc. is raising $1.75...
    Markets Social Media 
UBA ad

TECHNOLOGY

  • ATCON President
    Jan 14, 2021 Umar Suleiman 0

    ATCON president, Nnanmani reacts to lost 1.65m broadband connections

    ATCON president, Nnanmani reacts to lost 1.65m broadband connections   Engineer Ikechukwu Nnamani, the president of the Association of Telecommunication Companies of Nigeria (ATCON) has reacted to a reported decline in broadband connections in Nigeria. Business Metrics had reported that telecoms operators in Nigeria lost 1.65 million connections...
    Featured Telecoms 
  • Zoom Video
    Jan 13, 2021 Business Metrics 0

    Zoom Video raises $1.75bn in new stock offering

    Zoom Video raises $1.75bn in new stock offering   Zoom Video Communications Inc. is raising $1.75...
    Markets Social Media 
  • App for NIN registration
    Jan 12, 2021 Banjo Olaniran 0

    Don’t fall victim of fake App for NIN registration, NIMC warns Nigerians

    Don’t fall victim of fake App for NIN registration, NIMC warns Nigerians   The National Identity Management...
    Technology News 
  • smartphone penetration
    Jan 12, 2021 Banjo Olaniran 0

    560m youths to deepen Africa’s smartphone penetration – Report

    560m youths to deepen Africa’s smartphone penetration – Report   The number of youths driving smartphone...
    Gadgets Featured 

PHOTO STORIES

Capital Market Photos

PHOTO: NSE won Best Regulatory Information Management Award

Banjo Olaniran / Dec 30, 2020
NSE won Best Regulatory Information Management Award - PIX     L – R: Mr. Segun Mcmedal, Chairman, Lagos State...
Read More
Awards, NSE
Photos

PHOTO NEWS: Digital Encode at BoICT 2020

Banjo Olaniran / Nov 30, 2020
Digital Encode, a consulting and integration firm, received multiple recognition at the just concluded 2020 Beacon of Information Technology (BoICT)...
Read More
digital encode
Photos

PHOTO NEWS: Nigerian Stock Exchange’s 59th AGM

Banjo Olaniran / Nov 18, 2020
Photo 1: L-R shows: Ms. Mojisola Adeola, Council Secretary, The Nigerian Stock Exchange (NSE); Mr. Oscar N. Onyema, OON, Chief...
Read More
Nigerian Stock Exchange
Photos

PHOTOS: NITDA DG, Kashifu receives Kyari, VC of Borno State University

Banjo Olaniran / Oct 13, 2020
The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, CCIE, received in audience, Vice Chancellor of Borno...
Read More
Borno State University, NITDA
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FINANCE

FG spent N6.46trn on debt servicing, personnel in 2020 – Minister

FG spent N6.46trn on debt servicing, personnel in 2020 – Minister

INNOVATION: FirstBank unveils virtual payment card

INNOVATION: FirstBank unveils virtual payment card

In Numbers: Nigeria has N2.9trn Currency in circulation – CBN

In Numbers: Nigeria has N2.9trn Currency in circulation – CBN

Earning Forecast: Unity Bank targets N341 profit in Q1 2021

Earning Forecast: Unity Bank targets N341 profit in Q1 2021

Forex inflow through CBN declines to $6.97bn in Q3 2020

Forex inflow through CBN declines to $6.97bn in Q3 2020

Access Bank acquires another bank in Zambia

Access Bank acquires another bank in Zambia

2020: Nigeria ranks fourth in Islamic finance research papers globally

2020: Nigeria ranks fourth in Islamic finance research papers globally

BDCs eye $25bn Diaspora remittance collection

BDCs eye $25bn Diaspora remittance collection

Earnings Forecast: Linkage Assurance targets N291.09m profit in Q1

Earnings Forecast: Linkage Assurance targets N291.09m profit in Q1

NSE admits 4.36bn Ordinary Shares of AIICO Insurance

NSE admits 4.36bn Ordinary Shares of AIICO Insurance

AfCFTA implementation: Analysts see respite for Nigeria’s FX pressure

AfCFTA implementation: Analysts see respite for Nigeria’s FX pressure

Nigeria’s public debt profile hits N32.22trn

Nigeria’s public debt profile hits N32.22trn

ABCON: COVID-19, forex volatility portend more woes for businesses except…

ABCON: COVID-19, forex volatility portend more woes for businesses except…

CBN’s forex reserves inch up to $35.4bn

CBN’s forex reserves inch up to $35.4bn

Pension schemes capture only 11% Nigerian workforce – PenOp

Pension schemes capture only 11% Nigerian workforce – PenOp

Earnings Forecast: Jaiz Bank targets N6.15bn gross earnings in Q1 2021

CITITRUST Holdings mulls N12.5bn capital injection by Q1 2021

CITITRUST Holdings mulls N12.5bn capital injection by Q1 2021

Banks’ credit to private sector hits N19.54trn in November

Banks’ credit to private sector hits N19.54trn in November

Concerns as Nigeria’s forex reserves shed $132.06m

Concerns as Nigeria’s forex reserves shed $132.06m

NAICOM tasks insurers on N463.1bn annuity business

NAICOM tasks insurers on N463.1bn annuity business

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Business Metrics

ECONOMY

Inflation defies border reopening order, peaks at 15.75% YoY

Inflation defies border reopening order, peaks at 15.75% YoY

Jan 16, 2021
Angola’s economy to get boost with fresh $488m IMF loan

Angola’s economy to get boost with fresh $488m IMF loan

Jan 13, 2021
Analysts forecast 0.51% spike in December inflation

Analysts forecast 0.51% spike in December inflation

Jan 12, 2021
Business Metrics

ENERGY

  • FG bears 55% cost of power consumed by Nigerians, says minister
    Jan 8, 2021 Umar Suleiman 0

    FG bears 55% cost of power consumed by Nigerians, says minister

    FG bears 55% cost of power consumed by Nigerians, says minister Suspends controversial tariff hike   The Federal Government of Nigeria is responsible for 55 per cent payment of power consumed by on-grid consumers in selected bands qualified as low users in the country, Sale Mamman, minister of...
    Energy Featured 
  • 50% electricity tariff increase
    Jan 6, 2021 Umar Suleiman 0

    Nigerians kick as FG approve 50% electricity tariff increase

    Nigerians kick as FG approve 50% electricity tariff increase   Condemnation, anger and frustration are the...
    Energy Featured 
  • NNPC revenue soars 37.3% TO N222.3bn in November
    Dec 29, 2020 Umar Suleiman 0

    NNPC revenue soars 37.3% to N222.3bn in November

    NNPC revenue soars 37.3% TO N222.3bn in November     The Nigerian National Petroleum Corporation (NNPC)...
    Energy News 
  • Jaiz Bank targets N6.15bn
    Dec 23, 2020 Business Metrics 0

    Nigeria targets N2.8trn revenue with new gas project

    Nigeria targets N2.8trn revenue with new gas project Facility to provide 3.5m megawatts electricity in 25yrs...
    Energy Featured News 

GENERAL

Don’t miss 9 benefits of registering businesses with the CAC

Don’t miss 9 benefits of registering businesses with the CAC

Jan 16, 2021
Nigeria still faces 500,000MT rice production shortage

Nigeria still faces 500,000MT rice production shortage

Jan 13, 2021
NBS Data: Cement tops Nigeria’s N5.4bn solid mineral export in 3 months

NBS Data: Cement tops Nigeria’s N5.4bn solid mineral export in 3 months

Jan 11, 2021

STARTUPS & INNOVATIONS

  • The Incubator Reality TV Show
    Jan 13, 2021 Banjo Olaniran 0

    The Incubator Reality TV Show offers Nigerian startups N1.0bn

    ‘The Incubator Reality TV Show offers Nigerian startups N1.0bn   The Incubator Reality has created a lifeline to leapfrog and disrupt Nigerian start-ups by increasing their capacity and access to funding, via a novelty incubation programme. A statement by ECSCORP, the Incubator’s architect, said the reality TV show, the...
    Startups & Innovations Featured 
  • heritage bank support fund for creative industry
    Dec 16, 2020 Ugochi Emmanuel 0

    Heritage Bank earmarks N5bn support funds for creative industry

    Heritage Bank Plc has arranged N5 billion as support funds to drive and stimulate sustainable growth...
    Startups & Innovations 
  • CcHUB Syndicate
    Dec 2, 2020 Banjo Olaniran 0

    CcHUB Syndicate launches to attract global investments for African startups

    Co-creationHub (CcHUB), the leading technology innovation centre in Africa has launched the CcHUB Syndicate,  an investment...
    News Startups & Innovations 
  • ecobank
    Dec 1, 2020 Banjo Olaniran 0

    Ecobank to empower 100,000 entrepreneurs with SME agency banking campaign

    Ecobank Nigeria has launched Smart Small And Medium Enterprise (SME) Agency Banking campaign targeted at empowering...
    Banking News SMEs 

Lagos Parallel Market Rates (₦)

INTERVIEW

  • edge computing, telecoms infrastructure, telecoms, operators
    Nov 25, 2020 Banjo Olaniran 0

    We’re targeting the right mix of equity and debt financing for telecoms sector – Nnamani, ATCON’s new President

    On November 12, Ikechukwu Nnamani became the President of the Association of Telecommunications Companies of Nigeria (ATCON) unopposed. The MD/CEO of Medallion Communications was then saddled with the task of leading the association for the next two years as the advocacy body for telecoms operators in Nigeria sustains...
    Interview 
  • Our mission is to deepen broadband penetration, other telecoms services across Africa – Wole Abu, CEO, Pan African Towers
    Sep 30, 2020 Omobayo Azeez 0

    Our mission is to deepen broadband penetration, other telecoms services across Africa – Wole Abu, CEO, Pan African Towers

    Wole Abu is the Chief Executive Officer of...
    Featured Interview 
  • FG suspends officials over extortion
    Jun 28, 2020 Banjo Olaniran 0

    ‘Why Implementation of Nigeria’s broadband plan is strategic to national development’

    Before his appointment as the Minister of Communications...
    Interview 
  • How we’re cushioning pandemic impacts on Nigeria’s oil and gas sector – Auwalu, DPR CEO
    Jun 16, 2020 Banjo Olaniran 0

    How we’re cushioning pandemic impacts on Nigeria’s oil and gas sector – Auwalu, DPR CEO

    Engr. Sarki Auwalu, director and CEO of Nigeria’s...
    Energy Interview 
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SPONSORED

  • Oct 24, 2020 Business Metrics 0

    9M-2020: CAP Plc reports N928m profit as revenue soars 34% in Q3

    Maintains strong cash position of ₦4.97bn Envisages improved performance New growth strategy lifting operations, says MD _________________________________ Chemical and Allied Products Plc (CAP), one of Nigeria’s leading paints and decorative companies, has posted positive numbers in its unaudited results for the nine months ended 30 September 2020. The...
    Capital Market Featured Sponsored 
  • essay competition
    Aug 30, 2020 Banjo Olaniran 0

    UBA Foundation raises prizes by 33% as entry for national essay competition commences

    Competition marks a decade of existence UBA Foundation, the corporate social responsibility arm of the United...
    Sponsored 
  • UBA leads consortium to stake $1.5bn on NNPC, NPDC’s project
    Jun 7, 2020 Banjo Olaniran 0

    UBA rewards 100 more customers with N100,000 each in fresh Bumper Draw

    Pan African Financial institution, United Bank for Africa (UBA) Plc has rewarded another set of 100...
    Sponsored 

TRAVELS

  • Jan 12, 2021 Ugochi Emmanuel 0

    Aviation professionals petition minister over N120bn pension fund

    Aviation professionals petition minister over N120bn pension fund   The Association of Nigeria Aviation Professionals (ANAP) has expressed concern over the inability of workers at the Federal Airports Authority of Nigeria (FAAN) to access their over N120 billion pension funds as a result of poor documentation. The situation...
    Aviation Featured 
  • Murtala Mohammad Airport
    Jan 12, 2021 Banjo Olaniran 0

    Murtala Mohammad Airport records 551,380 passengers in five months

    Murtala Mohammad Airport records 551,380 passengers in five...
    Aviation News 
  • Global air freight market
    Jan 11, 2021 Banjo Olaniran 0

    Global air freight market remains depressed, says AITA

    Global air freight market remains depressed, says AITA...
    Aviation News Uncategorized 
  • N5bn bailout fund
    Jan 6, 2021 Banjo Olaniran 0

    How aviation firms shared N5bn bailout fund, says document

    How aviation firms shared N5bn bailout fund, says...
    Aviation 

Extras

  • CAC raked in N19b revenue in 2020
    Jan 14, 2021 Banjo Olaniran 0

    CAC raked in N19b revenue in 2020

    CAC raked in N19b revenue in 2020   Registrar-General, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has said the organisation raked in more than N19 billion as Internally Generated Revenue (IGR) last year. Abubakar made this known in an interview with the News Agency of Nigeria (NAN) yesterday...
    Extra News 
  • NCC mourns loss of staff
    Jan 10, 2021 Umar Suleiman 0

    NCC mourns loss of staff, family in road accident

    NCC mourns loss of staff, family in road accident The Nigerian Communications Commission (NCC) has expressed...
    Extra 
  • who is the richest person in the world
    Jan 9, 2021 Business Metrics 0

    Who is the richest person in the world? It’s ELON MUSK!

    Who is the richest person in the world? It’s ELON MUSK! A new answer has just...
    Extra Featured 
  • Paternity scandal
    Jan 5, 2021 Banjo Olaniran 0

    Paternity scandal: FCMB MD embarks on leave as probe begins

    Paternity scandal: FCMB MD embarks on leave as probe begins   The Managing Director, First City...
    Extra 

ANALYST INSIGHTS

  • FGN's Domestic Debt
    Jan 5, 2021 Banjo Olaniran 0

    Analyst Insight: A Small Rise in the FGN’s Domestic Debt in Q3 2020

    Analyst Insight: A Small Rise in the FGN’s Domestic Debt in Q3 2020 FBNQuest Research  ...
    Money Market Analyst Insight Uncategorized 
  • Dec 31, 2020 Business Metrics 0

    2020: A year of extraordinary uncertainty & unprecedented events

    2020: A year of extraordinary uncertainty & unprecedented events By FXTM Analyst, Lukman Otunuga It only...
    Analyst Insight Capital Market Economy Featured 
  • Dec 22, 2020 Business Metrics 0

    Op-ed: A Bank in Every Pocket

    Op-ed: A Bank in Every Pocket   By Murray Gardiner, MD of Bluecode Africa  Confidence in...
    Analyst Insight Featured 

OPINION

  • COVID-19 Second Wave
    Jan 9, 2021 Business Metrics 0

    Public Enlightenment: COVID-19 Second Wave is no joke in Nigeria!

    Public Enlightenment: COVID-19 Second Wave is no joke in Nigeria!   By Professor Adetokunbo Fabamwo It...
    Featured General Opinion 
  • Trump Without Twitter
    Jan 9, 2021 Business Metrics 0

    Trump without Twitter: Will he move to the ‘Trumpnet’?

    Trump without Twitter: Will he move to the ‘Trumpnet’?   By Brian Contreras Parler. Gab. Rumble....
    Opinion Social Media 
  • The trouble of the troubles with Nigeria
    Jan 7, 2021 Business Metrics 0

    The trouble of the troubles with Nigeria

    The trouble of the troubles with Nigeria   By Prof Pat Utomi ________________ Chinua Achebe once...
    Opinion Featured 

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