Exclusives Archives - Nairametrics https://nairametrics.com/category/exclusives/ Destination for Business news and analysis from Africa's largest economy Wed, 09 Jul 2025 17:22:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Exclusives Archives - Nairametrics https://nairametrics.com/category/exclusives/ 32 32 201037849 Stock Market Spotlight: BETAGLAS leads with 414% surge, 18 others gain over 100% in H1 2025  https://nairametrics.com/2025/07/09/stock-market-spotlight-betaglas-leads-with-414-surge-18-others-gain-over-100-in-h1-2025/ https://nairametrics.com/2025/07/09/stock-market-spotlight-betaglas-leads-with-414-surge-18-others-gain-over-100-in-h1-2025/#respond Wed, 09 Jul 2025 09:06:03 +0000 https://nairametrics.com/?p=518774 The first half of 2025 ended on a high note for some investors in the Nigerian capital market as BETAGLAS emerged the star performer, surging by a jaw-dropping 414.56%, far outpacing the broader market.

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]]> https://nairametrics.com/2025/07/09/stock-market-spotlight-betaglas-leads-with-414-surge-18-others-gain-over-100-in-h1-2025/feed/ 0 518774 Best performing pension fund administrators in June 2025  https://nairametrics.com/2025/07/08/best-performing-pension-fund-administrators-in-june-2025/ https://nairametrics.com/2025/07/08/best-performing-pension-fund-administrators-in-june-2025/#comments Tue, 08 Jul 2025 19:00:10 +0000 https://nairametrics.com/?p=518700 Despite tightening financial conditions and persistent macroeconomic uncertainties, all participating Pension Fund Administrators (PFAs) posted gains across their portfolios. 

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]]> https://nairametrics.com/2025/07/08/best-performing-pension-fund-administrators-in-june-2025/feed/ 1 518700 TStv MD, Bright Echefu, re-arraigned over N1bn and $1.3m alleged investment fraud, seeks out-of-court settlement  https://nairametrics.com/2025/07/08/tstv-md-bright-echefu-re-arraigned-over-n1bn-and-1-3m-alleged-investment-fraud-seeks-out-of-court-settlement/ https://nairametrics.com/2025/07/08/tstv-md-bright-echefu-re-arraigned-over-n1bn-and-1-3m-alleged-investment-fraud-seeks-out-of-court-settlement/#respond Tue, 08 Jul 2025 07:50:35 +0000 https://nairametrics.com/?p=518686 The Economic and Financial Crimes Commission (EFCC) has re-arraigned Bright Echefu, Managing Director and Chief Executive Officer (MD/CEO) of Telecom Satellites Limited (TStv), and three others on an amended twelve-count money laundering charge totaling about N1 billion and $1.3 million alleged investment fraud, including N66 million tax default allegations. 

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]]> https://nairametrics.com/2025/07/08/tstv-md-bright-echefu-re-arraigned-over-n1bn-and-1-3m-alleged-investment-fraud-seeks-out-of-court-settlement/feed/ 0 518686 Top MD/CEOs of Asset Management Companies in Nigeria  https://nairametrics.com/2025/07/06/top-md-ceos-of-asset-management-companies-in-nigeria/ https://nairametrics.com/2025/07/06/top-md-ceos-of-asset-management-companies-in-nigeria/#comments Sun, 06 Jul 2025 05:38:54 +0000 https://nairametrics.com/?p=518558 In this feature, the Net Asset Value (NAV) of all collective investment schemes (CIS) as of 20th June 2025 has been used as a proxy to highlight the scale and performance of Nigeria’s leading asset managers and the strategic executives behind them.

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]]> https://nairametrics.com/2025/07/06/top-md-ceos-of-asset-management-companies-in-nigeria/feed/ 1 518558 The 10 most profitable listed companies in Nigeria – 2024   https://nairametrics.com/2025/07/05/the-10-most-profitable-listed-companies-in-nigeria-2024/ https://nairametrics.com/2025/07/05/the-10-most-profitable-listed-companies-in-nigeria-2024/#respond Sat, 05 Jul 2025 12:47:13 +0000 https://nairametrics.com/?p=518524 Nigeria’s most profitable companies wrapped up 2024 with a remarkable display of resilience, collectively posting record-breaking earnings.

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]]> https://nairametrics.com/2025/07/05/the-10-most-profitable-listed-companies-in-nigeria-2024/feed/ 0 518524 10 African Central Banks exploring digital currencies in 2025  https://nairametrics.com/2025/07/04/10-african-central-banks-exploring-digital-currencies-in-2025/ https://nairametrics.com/2025/07/04/10-african-central-banks-exploring-digital-currencies-in-2025/#respond Fri, 04 Jul 2025 15:08:18 +0000 https://nairametrics.com/?p=518475 Currently, African countries are actively researching, piloting, or rolling out Central Bank Digital Currencies (CBDCs), a testament to the continent’s growing commitment to fintech innovation and financial inclusion.

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]]> https://nairametrics.com/2025/07/04/10-african-central-banks-exploring-digital-currencies-in-2025/feed/ 0 518475 Inside Lagos’ effort to stay ahead of truck congestion on the Lekki-Epe corridor  https://nairametrics.com/2025/07/04/inside-lagos-effort-to-stay-ahead-of-truck-congestion-on-the-lekki-epe-corridor/ https://nairametrics.com/2025/07/04/inside-lagos-effort-to-stay-ahead-of-truck-congestion-on-the-lekki-epe-corridor/#respond Fri, 04 Jul 2025 09:56:39 +0000 https://nairametrics.com/?p=518449 To prevent a major future traffic crisis similar to the one that plagued Apapa and Tin Can ports a few years ago, the Lagos State Government reintroduced its electronic call-up system on June 16, 2025, after suspending it in March. 

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]]> https://nairametrics.com/2025/07/04/inside-lagos-effort-to-stay-ahead-of-truck-congestion-on-the-lekki-epe-corridor/feed/ 0 518449 Starlink, Spectranet, other ISPs lose customers as Nigerians cut internet spending  https://nairametrics.com/2025/07/02/starlink-spectranet-other-isps-lose-customers-as-nigerians-cut-internet-spending/ https://nairametrics.com/2025/07/02/starlink-spectranet-other-isps-lose-customers-as-nigerians-cut-internet-spending/#respond Wed, 02 Jul 2025 06:22:30 +0000 https://nairametrics.com/?p=518309 Top Internet Service Providers (ISPs) in Nigeria, including Starlink and Spectranet, have recorded a significant drop in their customer numbers as Nigerians cut spending on internet services. 

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]]> https://nairametrics.com/2025/07/02/starlink-spectranet-other-isps-lose-customers-as-nigerians-cut-internet-spending/feed/ 0 518309 Meet the owners of the 15 most expensive hotels in Nigeria https://nairametrics.com/2025/06/29/meet-the-owners-of-the-15-most-expensive-hotels-in-nigeria/ https://nairametrics.com/2025/06/29/meet-the-owners-of-the-15-most-expensive-hotels-in-nigeria/#comments Sun, 29 Jun 2025 10:35:14 +0000 https://nairametrics.com/?p=518082 Nigeria’s luxury hospitality market is growing steadily and quietly with strong investor confidence, regional business travel, and a growing appetite for premium experiences among Africa’s elite.

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]]> https://nairametrics.com/2025/06/29/meet-the-owners-of-the-15-most-expensive-hotels-in-nigeria/feed/ 1 518082 Nigeria needs scalable infrastructure to compete in global AI race—Vertiv MD  https://nairametrics.com/2025/06/28/nigeria-needs-scalable-infrastructure-to-compete-in-global-ai-race-vertiv-md/ https://nairametrics.com/2025/06/28/nigeria-needs-scalable-infrastructure-to-compete-in-global-ai-race-vertiv-md/#respond Sat, 28 Jun 2025 11:43:46 +0000 https://nairametrics.com/?p=518033 In this exclusive interview with Nairametrics, the Managing Director, Africa at digital infrastructure provider firm, Vertiv, Wojtek Piorko, shares insights into the current state of Nigeria’s data centre ecosystem, the opportunities and challenges shaping its future, and how Vertiv is supporting the continent's digital transformation from edge computing to sustainable AI infrastructure.

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]]> https://nairametrics.com/2025/06/28/nigeria-needs-scalable-infrastructure-to-compete-in-global-ai-race-vertiv-md/feed/ 0 518033 Nigeria’s $5 billion startup funding target shaky as economic realities set in  https://nairametrics.com/2025/06/26/nigerias-5-billion-startup-funding-target-shaky-as-economic-realities-set-in/ https://nairametrics.com/2025/06/26/nigerias-5-billion-startup-funding-target-shaky-as-economic-realities-set-in/#respond Thu, 26 Jun 2025 06:48:17 +0000 https://nairametrics.com/?p=517879 The ambitious $5 billion funding target for Nigerian startups set by the Minister of Communications, Innovation, and Digital, Dr. Bosun Tijani, is becoming infeasible with the continuous decline in funds attracted by the country’s innovators in recent times. 

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]]> https://nairametrics.com/2025/06/26/nigerias-5-billion-startup-funding-target-shaky-as-economic-realities-set-in/feed/ 0 517879 Forex volatility: BDC operators reveal over 90% of dollar liquidity is off the books https://nairametrics.com/2025/06/25/forex-volatility-bdc-operators-reveal-over-90-of-dollar-liquidity-is-off-the-books/ https://nairametrics.com/2025/06/25/forex-volatility-bdc-operators-reveal-over-90-of-dollar-liquidity-is-off-the-books/#respond Wed, 25 Jun 2025 06:37:38 +0000 https://nairametrics.com/?p=517828 Bureau De Change (BDC) operators have insisted that there is an extremely large amount of foreign exchange liquidity in the system that is unaccounted for.

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]]> https://nairametrics.com/2025/06/25/forex-volatility-bdc-operators-reveal-over-90-of-dollar-liquidity-is-off-the-books/feed/ 0 517828 Experts warn of debt trap, sovereign default risk as Nigeria’s public debt surged over 1,000% in naira terms in 10 years  https://nairametrics.com/2025/06/24/experts-warn-of-debt-trap-sovereign-default-risk-as-nigerias-public-debt-surged-over-1000-in-naira-terms-in-10-years/ https://nairametrics.com/2025/06/24/experts-warn-of-debt-trap-sovereign-default-risk-as-nigerias-public-debt-surged-over-1000-in-naira-terms-in-10-years/#comments Tue, 24 Jun 2025 08:02:41 +0000 https://nairametrics.com/?p=517758 Financial experts are raising concerns that Nigeria could be entering a full-blown debt trap, where the government is forced to take on new loans just to service existing obligations.

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]]> https://nairametrics.com/2025/06/24/experts-warn-of-debt-trap-sovereign-default-risk-as-nigerias-public-debt-surged-over-1000-in-naira-terms-in-10-years/feed/ 1 517758 CBN blames State Governors in court over  delayed N85bn 774 Health Center Construction Contract completion    https://nairametrics.com/2025/06/24/cbn-blames-state-governors-in-court-over-delayed-n85bn-774-health-center-construction-contract-completion/ https://nairametrics.com/2025/06/24/cbn-blames-state-governors-in-court-over-delayed-n85bn-774-health-center-construction-contract-completion/#respond Tue, 24 Jun 2025 07:17:21 +0000 https://nairametrics.com/?p=517753 The Central Bank of Nigeria (CBN) has accused the Nigeria Governors Forum and other "interlopers" of delaying the N85 billion contract for the construction of 774 healthcare centers across Local Government Areas in Nigeria through their respective pending litigations. 

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]]> https://nairametrics.com/2025/06/24/cbn-blames-state-governors-in-court-over-delayed-n85bn-774-health-center-construction-contract-completion/feed/ 0 517753 SEC tenure rule: Panic grips capital market operators  https://nairametrics.com/2025/06/23/sec-tenure-rule-panic-grips-capital-market-operators/ https://nairametrics.com/2025/06/23/sec-tenure-rule-panic-grips-capital-market-operators/#respond Mon, 23 Jun 2025 07:02:38 +0000 https://nairametrics.com/?p=517669 A new directive from the Securities and Exchange Commission (SEC) imposing tenure limits on directors of capital market operators has sent waves of anxiety across Nigeria’s financial markets, with many industry players scrambling to understand who is affected and how soon enforcement will begin. 

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]]> https://nairametrics.com/2025/06/23/sec-tenure-rule-panic-grips-capital-market-operators/feed/ 0 517669 Top 10 Nigerian companies with the largest number of employees as of 2024  https://nairametrics.com/2025/06/21/top-10-nigerian-companies-with-the-largest-number-of-employees-as-of-2024/ https://nairametrics.com/2025/06/21/top-10-nigerian-companies-with-the-largest-number-of-employees-as-of-2024/#comments Sat, 21 Jun 2025 13:58:25 +0000 https://nairametrics.com/?p=517587 Despite a challenging macroeconomic environment, several of Nigeria’s leading corporations maintained strong employment numbers in 2024. The top 10 employers collectively employed 84,491 workers in 2024, spanning sectors such as financial services, industrial goods, and consumer goods. The companies reported a combined N1,695 trillion on employee salary expenses the same year. This is according to […]

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]]> https://nairametrics.com/2025/06/21/top-10-nigerian-companies-with-the-largest-number-of-employees-as-of-2024/feed/ 2 517587 NNPCL, Mele Kyari counter Agip Contractors Association, others, over pipeline surveillance contract in Niger Delta  https://nairametrics.com/2025/06/18/nnpcl-mele-kyari-counter-agip-contractors-association-others-over-pipeline-surveillance-contract-in-niger-delta/ https://nairametrics.com/2025/06/18/nnpcl-mele-kyari-counter-agip-contractors-association-others-over-pipeline-surveillance-contract-in-niger-delta/#respond Wed, 18 Jun 2025 08:14:12 +0000 https://nairametrics.com/?p=517404 The Nigerian National Petroleum Company Ltd (NNPCL), Mr. Mele Kyari, former NNPCL CEO, and others have countered the Incorporated Trustees of the AGIP Indigenous Contractors Association and others, who allege that the former unlawfully awarded a pipeline surveillance security contract to Tantita Security Services Limited in the oil-rich Niger Delta. 

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]]> https://nairametrics.com/2025/06/18/nnpcl-mele-kyari-counter-agip-contractors-association-others-over-pipeline-surveillance-contract-in-niger-delta/feed/ 0 517404 CBN Forbearance: Six Nigerian Banks face risk of lower profits, dividends https://nairametrics.com/2025/06/16/cbn-forbearance-six-nigerian-banks-face-risk-of-lower-profits-dividends/ https://nairametrics.com/2025/06/16/cbn-forbearance-six-nigerian-banks-face-risk-of-lower-profits-dividends/#comments Mon, 16 Jun 2025 06:00:32 +0000 https://nairametrics.com/?p=517241 Nigerian banks are likely to face lower profitability, tighter capital buffers, and a potential uptick in non-performing loans (NPLs) as the country’s central bank begins a gradual withdrawal of the regulatory forbearance measures introduced at the height of the COVID-19 crisis. 

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]]> https://nairametrics.com/2025/06/16/cbn-forbearance-six-nigerian-banks-face-risk-of-lower-profits-dividends/feed/ 1 517241 Top 10 export destinations for Nigeria in Q1 2025: India takes the lead https://nairametrics.com/2025/06/14/top-10-export-destinations-for-nigeria-in-q1-2025-india-takes-the-lead/ https://nairametrics.com/2025/06/14/top-10-export-destinations-for-nigeria-in-q1-2025-india-takes-the-lead/#respond Sat, 14 Jun 2025 15:49:58 +0000 https://nairametrics.com/?p=517207 This article is a ranking of Nigeria’s top ten export destinations for Q1 2025, compared to Q1 2024, based on total export value

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]]> https://nairametrics.com/2025/06/14/top-10-export-destinations-for-nigeria-in-q1-2025-india-takes-the-lead/feed/ 0 517207 Top 10 Nigerian banks with the highest app downloads as of May 2025   https://nairametrics.com/2025/06/13/top-10-nigerian-banks-with-the-highest-app-downloads-as-of-may-2025/ https://nairametrics.com/2025/06/13/top-10-nigerian-banks-with-the-highest-app-downloads-as-of-may-2025/#respond Fri, 13 Jun 2025 10:02:29 +0000 https://nairametrics.com/?p=517139 This article is a breakdown of the 10 most downloaded banking apps in Nigeria from bottom to top based on Play Store statistics.  

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]]> https://nairametrics.com/2025/06/13/top-10-nigerian-banks-with-the-highest-app-downloads-as-of-may-2025/feed/ 0 517139