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Governor of the Central Bank of Nigeria,(CBN) Godwin Emefiele, has given assurances to genuine investors of the apex bank’s support in achieving self-sufficiency in local production and pursuance in economic diversification. Emefiele made this statement through CBN’s Acting Director, Corporate Communications, Isaac Okorafor. The CBN Governor had toured facilities of the newly completed Sunti Golden […]Read More

Nigeria’s inflation rate (11.4%) in February is rising at the fastest clip since 2012, and eroding purchasing power for investors and consumers alike. What are the lessons from this for Nigerian Investors and consumers? Nairametrics offers some: Seek positive inflation adjusted returns The rising inflation is eroding any capital that is not earning a higher […]

Shares of United Capital Plc were up +4.97 percent to N1.87 on Monday premarket news this afternoon that the company recorded another impressive results to start 2016 financial year. Its earning has been on the upward trajectory since it changed its name from UBA Capital in 2014.The company has +10.69 percent year to date return […]

Students of the University of Port Harcourt Monday morning staged a protest to express their displeasure over increase in tuition and alleged ill treatment by the school authorities. The protesters have stalled movement on the East-west road since 4:30a.m. Details later.    

Lagos-based lawyer and human rights activist, Femi Falana (SAN), has advised the Federal Government to put on hold its plan to obtain $2bn loan from China. Falana opined that instead of “plunging the nation into more indebtedness” the Federal Government should double up its efforts to recover some funds amounting to about $200bn which were […]

As Chris Giwa takes over the reign of the Nigeria Football Federation with an emergency meeting in Abuja Saturday, the new management led by him, has now dissolved all major appointments including those announced by Amaju Pinnick as well as made new appointments. Pinnick was fired by a court last Friday but the NFF says […]

The Rapid Response Squad (RRS) in Lagos, Nigeria has announced the arrest of a 13-year old boy, Opeyemi Johnson.  Johnson was arrested on Sunday by men of the RRS for robbery and for being a member of the dreaded cult group known as ‘Awawa Boys’. “As a teenager and minor, one will wonder how a […]

Share on Facebook Tweet on Twitter President Muhammadu Buhari on his way to China The President left Abuja on Sunday night for Beijing. President Muhammadu Buhari on his way to China Previous articleBreaking! Arik Air Passengers Revolt In Benin Next articleSustainable Change through Local Government Administration, By Obafemi George We are the best online Nigerian […]

We’re in the season of change. For the first time in Nigeria’s history, the voice of the people resonated loudly at the polls when the then opposition party APC was voted into power. It was a defining moment for our nation when the ever-resilient Nigerian people stamped their feet and declared that enough is enough […]

The Department of State Security (DSS) have claimed that five Fulani herdsmen were abducted, killed and buried in a mass grave by members of IPOB in Abia state a few days ago. They have also claimed that there were up to fifty more bodies in that mass grave and that they are all Fulani. The […]

Commentary Following a lackluster trading week, the equities market ended the week lower with no major themes. Thin volumes and bearish sentiments remained firmly in place. The week however ended with MSCI announcing that it would consider excluding Nigeria from its frontier market index. This decision is on the back of foreign exchange controls imposed […]

President Muhammadu Buhari appears set to return the 2016 Budget to the National Assembly to rework because what the lawmakers sent to him on Thursday for assent, according to Presidency sources, fell below his expectations. By implication, Buhari will not sign the Appropriation Bill into law, as earlier planned, before jetting out of the country […]