W’Bank Debates Nigeria’s $150m Mining Loan Request
The Board of Governors of the World Bank is currently meeting to discuss the $150m loan that Nigeria is seeking from the institution to boost the fortunes of the mining…
States’ Debt Rises to N3.3tn- Report
It looks like nothing was found at this location. Maybe try one of the links below or a search? Recent Posts States’ Debt Rises to N3.3tn- Report W’Bank Debates Nigeria’s…
Progress Report On Nigeria’s Ease of Doing Business Initiative
Nairametrics| Nigeria ranked 170 out of 189 countries according to the World Bank Ease of Doing Business Report 2016. In this regard, the FG hopes that through the action plan…
ALERT: CAP Plc Reports 8% Drop in Profit (2016 FY)
CAP Plc today released audited results for the financial year ended 31 December 2016. Revenue N’million FY 2016| N6,814 FY 2015| N7,066 %age change|-4% Profit after tax N’million FY 2016|…
Why Bob Geldof Invested $80MN In Beloxxi
Nairametrics|Bob Geldof and his private equity firm, 8 Miles LLP, may be unfamiliar names to the average Nigerian, even less known to the younger generation. Beloxxi and its products on…
In Amcon Distressed Companies Have A Companion
Nairametrics|The Asset Management Company of Nigeria (AMCON) has revealed that Arik Air and AeroContractors both failed because of bad corporate governance. AMCON took over AeroContractors and Arik Air in February…
AFC Reports 51% Rise In Profits
Nairametrics| Africa Finance Corporation (AFC), released its 2016 fiscal year results showing a net profit of $109.4 million up 51% year on year. See highlights below; US$115.3 million in Total…
The Nigerian Economy Today – 29/3/2017
NAIRAMETRICS BUSINESS & ECONOMY Adeosun: Economic template being used for Nigeria’s recovery copied from Lagos – Kemi Adeosun, minister of finance, has said the economic template being used to foster…
Government Mandates Businesses In Nigeria To Provide Info on Directors & Biz Address
Check out @AsoRock’s Tweet: https://twitter.com/AsoRock/status/847146261547503617?s=09 Ugo Obi-chukwu http://nairametrics.com Ugo Obi-chukwu “Ugodre” is a chartered accountant with over 16 years experience in financial management, corporate finance and financial analysis. He is…
BDCs reluctant to buy dollars as CBN pegs FX rate at N360/$
The Central Bank of Nigeria, CBN has directed banks to sell dollars for invisible transactions such as personal travel allowance, business travel allowance, school fees and others at N360 per…