This Investment Firm Believes The Dollar Is Worth N370
Nairametrics| The announcement last week of a new forex policy by the Central Bank of Nigeria (CBN), coupled with the injection of over $600 million during the week,has crashed parallel…
This Is BDC’s First reaction To The “Dollar Crash”…It’s Good and Bad
Nairametrics| The Central bank of Nigeria (CBN) last week introduced a new Forex Policy that allowed them sell forex directly to commercial banks. In the new policy directive, the CBN…
When To Avoid Selling A Stock Before It’s Marked Down
Nairametrics| So let’s assume you buy a stock for N2.50 and it is currently trading at N3 per share. The stock proposes to pay a dividend of 30k. You have…
Banks Are Borrowing Money From CBN To Buy FX
Nairametrics|Since the introduction of the new foreign exchange policy, there has been a marked drop in the exchange rate at the parallel market. From a high of 520 naira, the…
ALERT: Zenith Bank Reports 23% Increase In Profits (FY 2016)
Zenith Bank today released audited results for the financial year ended 31 December 2016. Net Interest Income N’millionFY 2016| N 240,179FY 2015| N 224,582% age change| 7% Profit after tax…
Analysis: Zenith Bank Beats Estimates, “Strong Buy” Implied
Analysis of Zenith Bank’s 2016 Full Year Results Commentary Zenith Bank Plc. (Zenith) kicked off the FY 2016 earnings season for Nigerian banks with its result release, which revealed 23%…
Someone Has ‘Blown The Whistle’ On A Fake Chinese Tyre Factory
Nairametrics| The newly introduced policy of rewarding whistle blowers seems to have been a Midas touch by this Buhari administration. Since then, a race seems to have set off among…
Top Hollywood Myths About Lawyers
Hollywood lawyers — those characters created for movies and television — represent both truths and falsehoods about lawyers in real life. Bold or brash? Smart or smart-aleck? Self-assured or self-centered?…
Former L.A. City Attorney Faces Discipline Charges for Prosecutor Misconduct
The California State Bar has filed disciplinary charges against a former Los Angeles City Attorney for allegedly hiding evidence in a death penalty case in 1985. Carmen A. Trutanich, 65,…
Threats on ‘Anonymous’ Messaging App Result in FBI Arrest
“Asalam alaikum, brother,” the suspected terrorist messaged. He had talked about “jihad and shooting all the people all the time,” but the time had come to act. Using an anonymous…