Nairametrics - Business news, Economy, Investing, and Financial …
WEBNairametrics - Business news, Economy, Investing, and Financial Literacy. Is the Nigerian energy sector still a viable investment niche as experts predict gasoline demand peaking in 2025? September 30, 2024. Economy.
Markets Archives - Nairametrics
WEBNaira depreciates 6.13% at I&E window as CBN announces interest rate increase. On Tuesday, September 24, 2024, the Nigerian naira further depreciated against the US dollar, closing at N1,658.48 in the official...
Economy Archives - Nairametrics
WEBWhy the CBN shocked the world by raising interest rates to 27.25%, Research Team. September 24, 2024. Nairametrics reviewed the governor’s address and outlined the five key reasons behind the CBN’s decision to maintain its hawkish stance. Read more.
Inflation: 49% of Nigerian businesses increased product prices in ...
WEB1 day ago — It stated, “Purchase prices rose rapidly amid currency weakness and higher costs for fuel, logistics, materials and transportation.Some firms made efforts to help their workers with higher living costs, but the rate of wage inflation eased to an 18-month low. Higher costs were then passed through to customers, with close to 49% of respondents …
Nairametrics Newsletters
WEBCorporate News Round. This newsletter is a weekly roundup of major updates, announcements, product launches from corporate Nigeria. Written with brevity and corporate wittiness, the newsletter is a must read for any top executive keen on tracking latest business moves and innovation from competition. Select.
Equities Archives - Nairametrics
WEBStock market rises as All-Share Index gains 0.23%, closing in the green. by Izuchukwu Okoye. September 17, 2024. 0. The Nigerian All-Share Index (ASI) extended its positive trajectory in another trading session, gaining 229.02 points as positive sentiment continued... Read more. Equities.
NAIRAMETRICS| COMPANY EARNINGS - Investor Relation Reports: …
WEBChellarams Plc released its unaudited financial results for the second quarter of the year ending 30th of September, 2021. Revenue for the period was N5.19 billion. (+225.3% YoY) Cost of sales of N4.22 billion. (+231% YoY) Administrative expenses totalled N349.7 million. (+13% YoY) Net assets during the period stood at N7.21 billion.
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WEBNairametrics Apps. Treasury Bill Calculator. Tax Calculator
Stock Market Archives - Nairametrics
WEBThe Nigerian All-Share Index (ASI) fell by 0.07%, down 64.88 points to close at 98,458.68, even as market volume surged,
Naira appreciates by 7.62% to N2100 against Great British Pound …
WEBFeb 26, 2024 — The naira experienced a significant uptick on Monday, reaching a peak of N2100 per Great British Pound (GBP) in the parallel market, commonly referred to as the black market. This surge marked a notable increase of 7.62%, with the currency strengthening by N160.00 compared to the previous day’s closing rate of N2,260.
Financial Analysis Archives - Nairametrics
WEBJul 29, 2024 — This is a summary review, and it presents key financial highlights, financial ratios, fund performance, and the trend in the number of Retirement Savings Account (RSA) holders. Financial Highlights Total Revenue: Total revenue for the company rose 21% to N2.43 billion in 2023, up from N2.00 billion…. August 2, 2024.
Currencies Archives - Nairametrics
WEBNaira falls to N1,656 at I&E Window amid volatility, but hope for recovery grows as U.S Fed decision looms. The exchange rate between the naira and the US dollar depreciated to N1,656.49 at the official Investor and Exporter (I&E)...
Breaking News Archives - Nairametrics
WEBNigeria’s inflation rate slows for the second consecutive month to 32.15% in August- NBS. by Aghogho Udi. September 16, 2024. 0. Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a... Read more. Breaking News.
Business Archives - Nairametrics
WEBLagos Computer Village traders issue cease and desist to Folashade Tinubu-Ojo over imposition of levies. by Samson Akintaro. September 2, 2024. 0. The notice dated August 28, 2024, a copy of which was seen by Nairametrics, was formally served by Falana and... Read more. Business.
ABOUT NAIRAMETRICS
WEBNairametrics.com is owned by Nairametrics Financial Advocates Ltd and is based in Lagos State Nigeria. Nairametrics was founded in 2013 by Ugochukwu Obi-Chukwu. For all inquires send an email to outreach@nairametrics.com, info@nairametrics.com.
Business News – Nairametrics
WEBLagos Govt makes largest styrofoam seizure in Ifako-Ijaye. by Caleb Obiowo. September 24, 2024. The Lagos State Government has announced the largest seizure of styrofoam in the Ifako/Ijaye area of the state. Read more. Business News.
Macros Archives - Nairametrics
WEB51.6% of informal businesses started due to unemployment in Nigeria – Report. Unemployment motivated 51.6% of business owners in Nigeria's informal sector to start their ventures, according to the 2024 informal economy...
nairaCompare set to make loans more accessible to Nigerians
WEBMay 25, 2021 — Announcing the launch in a statement, Managing Director of Suretree Limited, Mr. Tayo Fabunmi said that nairaCompare would provide a platform to compare personal loans and business financing online to give access to more Nigerians. “nairaCompare is an intelligent marketplace that understands consumers and providers’ …
Naira gains further at the black market, trades at N736/$1 on 30th ...
WEBJan 12, 2023 — This is according to information from black market traders who spoke to Nairametrics. Naira recorded a marginal gain at the P2P cryptocurrency exchange, trading at a minimum of N735/$1 on Monday afternoon, representing a 0.44% appreciation compared to N738.25/$1 recorded on Friday, 2nd December 2022.
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WEBRecent News. Tinubu orders crackdown on transnational car thieves as EFCC handovers 53 stolen vehicles to Canada. Petrol price rises to N830.46 per liter in August amid NNPC’s admission of $6 billion subsidy debt. Average price of 12.5kg cooking gas hits N16,500 in Niger-Delta states, highest across Nigeria. Follow us on social media: