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Facebook IPO

HOW AT $104B, FACEBOOK IS WORTH 2.26 TIMES THE VALUE OF ALL QUOTED STOCKS IN NIGERIA

  At the close of trade today, the Nigerian Stock Exchange All Share Index had a market capitalization of N7,137,597,021,094.14 or $46,049,013,039.32 ($46b). That basically ...

Just how much for a VIP?

Ok! I’m at this club in downtown Rhode Island for with my buddies. We were looking for where to sit and the guys here said the sit here cost $40 per person. Hell no!!!! We Naija ...
Chams

Q1 Review: IS CHAMS PLC LOOSING IT’S CHARM?

Lately the Nigerian economic landscape has been blanketted with several technological initiatives. The National ID card scheme, the ever increasing use of the ATM and P.O.S machines ...
Credit to Private Sector

BANK CREDIT TO PRIVATE SECTOR UP N4TR???? PLS WHO IS BORROWING?

According to the Central Bank bank credit to the private sector was N14.206trillion in March 2012, over N4tr more than it was just a year earlier (March 2011). The average lending to ...
Inflation

INFLATION RATE RISES TO 12.9% IN APRIL 2012

According to the Bureau of Statistics, the consumer price index which measures inflation rose 12.9% year on year for April 2012. This was 0.8% higher than the inflation rate of 12.1% ...
biz in naija

7 WONDERS OF DOING BUSINESS IN NIGERIA

According to a recent report FDI’s into Nigeria is expected to top $23b per year over the next five years. The Federal Government has also not rested on its oars, campaigning relentlessly for ...
Nigeria

NIGERIAN ECONOMY TO GROW 6.5% IN 2012, INFLATION TO RISE 13.57%

According to the recently released Review of the Nigerian Economy in 2011 and Economic Outlook 2012-2015 by the National Bureau of Statistics, Nigeria is expected to grow its GDP by ...
SUGAR

Q1 REVIEW: DANGOTE SUGAR PLC, A MUST BUY?

Dangote Sugar released its Q1 financials and as expected was impressive. See below;   Revenue The Company made a revenue of N26.7b for the first quarter (Q1) of 2012. This was ...
Unilever

Q1 REVIEW: UNILEVER PLC, STRUGGLING TO LEVEL UP

  Unilever Plc is one of Nigeria’s oldest company. They are the owners of household brands like Lipton, Vaseline, Knorr, Blue Band, Close Up etc. There is hardly any household ...
Ndi_Onyiuke_okereke

Review of Ndi Okereke Onyuike’s apperance at the House of Rep Hearing on Capital Market

It was fun today at the House of Rep hearing on Capital Market. The erstwhile DG of the Nigerian Stock Exchange Ndi Okereke Onyiike was in attendance answering questions and giving ...
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