IMF Explains Why Nigeria Should Work On Its Exchange Rate
Recent policies on the exchange rates by the Central Bank of Nigeria have been trending on the news. Also, the International Monetary Fund (IMF) has appealed to the CBN to…
Ecobank: Why We Sacked Our Managers
Earlier this week, news filtered in that Ecobank Nigeria Plc has relieved 50 per cent of the staff in top management position of their jobs. Now, the bank has clarified…
Oil & Gas Exposure: Banks That Could Get Hit Like FBNH
FBN Holdings hit the markets with a surprise profit warning yesterday; although for Nairametrics readers it should not have come as much of a surprise as we have consistently flagged…
Volatile Dollar Price: Here Is What My ‘Aboki’ Told Me To Do
On Wednesday, the price of the dollar dropped to as low as N270. Ok scratch that, it dropped to as low as N290. No scratch that too, it dropped to…
Markets roundup (Feb 25): Stocks Rally, Naira in ‘Dead Cat Bounce’
Source: Bloomberg Stocks: Nigerian Stocks rallied on Thursday as improved sentiment led to gains. The benchmark NSE All Share Index gained 159.39 points to end trading at 24,042.73 points. Market…
PenCom Says Public Perception Is Affecting The Contributory Pension Scheme
The National Pension Commission (PenCom) said it is making efforts to educate the populace on the Contributory Pension Scheme as the public appears uninterested. In an interactive session during the…
Nigerian Economy: Solution To Fixing Buharinomics
Growing up, for some reason I watched a lot of boxing fights, firstly on DBN and later on Channels. One of the all-time great fights is Rumble in the Jungle…
Buhari’s Travels: Visited 26 Countries But Not Visited Lagos or Niger Delta. Reuters Rips Buhari In Scathing Article
A scathing report by Reuters has bashed the remote-control approach taken by Nigeria’s president in running the country. President Buhari has visited 26 countries in 9 months, but has still…
Earnings Warning Crashes FBN Shares To A 13-Year Low
On Wednesday, shares of FBN Holdings Plc fell 4.4 per cent to N3.47 per share, its lowest since August 2003, following warning that earnings for the full year ended December…
Can St. Patrick’s Day Bring the Luck ‘o the Irish to Your Marketing?
Slap on some green, don a funny hat, and get yourself — and your lawyer marketing — to the parade, for St. Patrick’s Day is coming. Whether you do a…