nairametrics

This story delves into the world of corporate mind games, maneuvers and one of the deftest company takeovers ever seen in Nigeria It all began in 1977, when 3 young Nigerian Doctors, who just returned from overseas decided to come together to setup a hospital. One of them practiced Medicine, the other was a surgeon […]

Stanbic IBTC and NIRSAL partner on N50b Agric financing To further the efforts in place to boost agricultural productivity and modernization, the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has entered an agricultural financing partnership worth N50 billion with Stanbic IBTC bank. Stanbic IBTC has already committed N10 billion for the take-off of […]

Mr. Emeka Oparah, the Vice President, Corporate Communications/CSR Director Airtel, during the inaugural webinar of TheNewsGuru.com themed ‘Digital Media Gurus Speak: How to monetize online media opportunities online’, said that brands all over the world are willing to invest and partner with credible, industrious and libel free media.Oparah went further to say that brands tend […]Read More

Inflation Rate The National Bureau of Statistics reported last week that Nigeria’s inflation rate rose 16.01% for the month of August 2017. This compares to the 16.05% inflation rate for the month of July 2017 and the 7th consecutive month of a slow down in the rise in inflation rate. Highlights of the August Inflation […]

A bowl Ijebu Garri Data gathered from major markets in Nigeria reveal prices of Ijebu Garri have continied to drop for the 4th week running in Ago Ishaga Market in Lagos. Nairametrics research conducts household food price survey on a biweekly basis monitoring prices of select food in major markets across the state. The research […]

The Nigerian Stock Exchange recorded a massive correction as stocks fell to its lowest level in nearly two months at the close of trading September 15th, 2017. Reason for the decline Investors surveyed by Nairametrics suggest the decline was attributed to a market correction as investors old off to pocket more profits. At a 30% […]

Ratings Agency, Standard & Poors has affirmed the Federal Government of Nigeria ratings at ‘B/B’; outlook stable. The rating agency also said Nigeria’s economic outlook was stable on the back of oil sector growth. The Nigerian Government depends largely on oil for its revenue, thus a positive outlook suggest the recent economic growth currently being experienced […]Read More

The business world is a tough world that is meant only for the tough and courageous ones. Unfortunately, it is a place that will swallow the feeble minded ones up whole. That said, one must be duly armed for this world. While soldiers take up arms and writers take their writing gadgets, small business owners […]

It’s another Friday and once again, Nairametrics brings you up-to-date with the latest deals and promos from Nigerian companies. Without wasting further time, we dive straight in. Cornerstone’s latest promo promises one month free premium Customers of Cornerstone Insurance Plc. Can enjoy one free month coverage on their motor insurance policy if they pay down […]

Gainers and losers – Nigerian Stocks Daily performance from the Nigerian Stock Exchange for the trading day ended 15th September 2017. Nigerian stocks closed trading on a negative note as the all share index dropped -1.84%. Market capitalization at the close of trading was N12,067,986,059,661.63. Highlights of today’s trading session. NSE All Share Index was 35,005.57 […]Read More

Lagos (Nigeria), September, 2017 – West Africa’s leading connectivity and Data Center solutions provider, MainOne has successfully integrated to the new Internet Protocol Version 6 (IPv6), on the network of the Internet Exchange Point of Nigeria (IXPN) and is the largest network in Nigeria to connect to IXPN via IPv6. In a statement issued by […]

Airline operators, who have been flying their planes abroad for maintenance have cause to cheer, as Aerocontractors has been given approval to carry out maintenance services at its hangar in Lagos.  The aircraft the facility can handle include B737-300, B737-500, and B737-500 aircraft. These models are commonly used by Nigerian Airlines. The company would also […]