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Top Financial Blogs in Nigeria

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  • Leading Financial Blogs in Nigeria, Africa’s Largest Economy

The recent surged in fake publications has impacted how the public perceived media platforms across the world. In Nigeria, blogs are synonymous with fake news and the majority of readers have to validate information on top platforms like Punchng, Thisday, etc before accepting it as ‘possible fact’. However, because of the sensitivity of financial information and implications on investment/business decisions, it is important to list reliable, credible and relevant blogs that put in the time to authenticate reports, analysis, and data before publication.

Therefore, Investors King has compiled a list of top financial blogs in Nigeria to help investors, businesses and start-ups narrow down the cumbersome process of sieving out relevant information and then double-checking to be sure it is real.

The rating takes into consideration credibility, product/service quality, team, relevance, and Alexa ranking.

Website Products/Services Quality Alexa Ranking Nig’s Ranking Business Ranking

Proshare NG

Proshare brings depth to financial and technical analysis, investigate reports, broader reach and engages in ethical reporting. Founder/Ceo, Olufemi Awoyemi, is a 1988 graduate of Accounting and a Fellow of The Institute of Chartered Accountants of Nigeria (ICAN). 61,038 430 1

Business Day NG.

Business Day was founded in 2001 as a daily newspaper based in Lagos. Huge credibility both online and offline, detail analysis and wider reach. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It is No 2 because a larger part of its content is only accessible to paying members. 109,274 2
Nairametrics Nairametrics is No 1 financial literacy and stock platform in Nigeria with a top-notch team drawn across the country. Founded by Ugochukwu Obi-chukwu, a chartered accountant with experience in Accounting, Corporate Finance, Financial Management, and Personal Finance. 52,564 390 3

Financial Nigeria

Financial Nigeria is the publisher of Financial Nigeria magazine – a monthly development & finance journal.  Femi Aribisala is the Chairman of the board, the company provides news and policy analyses on Nigeria and other frontier markets of sub-Saharan Africa. 929,375 11,934 4

Investors King

Investors King is No 1 platform in global economic analysis in Nigeria. Founded in 2010 by Samed Olukoya, a global foreign exchange research analyst, with broad experience in economic policy, Financial markets, startups, data analysis, python programming etc. 745,638 10,727 5
Financial Watch NG Financial Watch is the most ranked Nigerian financial blog.  However, it is ranked at No 6 because its core has changed in recent time to recruitment and other mainstream publications. Still, a credible platform. Founded by an ex-banker, Ezekiel Enejeta. 43,028 154 6
Business Post NG Business Post is one of the fastest growing business/financial media in Nigeria, managed by Dipo Olowookere, who has worked on the Business Desks of some leading newspapers in Nigeria before joining Business Post. 407,113 3,930 7
Invest Advocate InvestAdvocate is another fast-rising financial blog with a credible team and physical office. 947,965 13,585 8

The list will be updated from time to time, but if you think your website/business deserves to be on the list kindly contact us with the said site for evaluation.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Appointments

C & I Leasing Appoints Ugoji Lenin Ugoji as Group Managing Director/CEO

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Ugoji Lenin Ugoji

C & I Leasing Plc has appointed Mr. Ugoji Lenin Ugoji as the Group Managing Director and Chief Executive Officer following the retirement of Mr. Andrew Otike-Odibi on 31 of December 2021.

The company disclosed in a statement signed by Mbanugo Udenze & Co Company Secretary and seen by Investors King. Ugoji, the company’s chief operating officer, is now the Managing Director/CEO, effective 1 January 2022.

Ugoji Lenin Ugoji Profile

Ugoji holds a Bachelors’ Degree in Estate Management from the University of Lagos, and an MBA in Banking & Finance from the ESUT Business School, Enugu. He is also a Chartered Pension professional, and an associate of the Certified Pension Institute of Nigeria.

Ugoji joins C & I Leasing with over 20 years experience in Commercial/Investment Banking, Leasing and Asset Management.

His last assignment was with The Mellanby Trust Company, a Commodity focused Asset Management Company registered with the Securities & Exchange Commission (SEC), where he was a founding Director and the Chief Investment Officer responsible for directing the company’s Investment Portfolio structure for purposes of its corporate and individual clients.

Ugoji’s extensive experience in the Leasing Industry commenced in 2005 as a Pioneer member of the Aquila Capital Group where he served as the pioneer Group Head Treasury & Wealth Management. He was responsible for creating the Group’s, Equipment Leasing focused Funding and Investment structure, which was targeted at attracting Capital from Private Equity, Foreign Development Financial Institutions and Local sources.

From 2010 to 2015, he served as the pioneer Managing Director for ‘Aquila Asset Management Ltd’, a Management Buy-Out firm from the Aquila Group. Prior to his time at the Aquila Group, Ugoji worked at Continental Trust Bank (now UBA) and NAL Bank Plc (now Sterling Bank) in the Treasury, International Operations and Domestic operations groups respectively.

Ugoji is happily married with children. He is passionate about ideas creation, investment and deal structuring, and enjoys volunteering for laudable causes. When not at work or volunteering, he enjoys spending time with his family, reading, music and photography.

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Appointments

C&I Leasing Appoints Cordros Registrars as its Registrar

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C&I Leasing - Investors King

C&I Leasing Plc, a Nigerian leading maritime company, has appointed Cordros Registrars Limited as its registrar for share registration and data management service provider.

The company disclosed this in a statement filed with the Nigerian Exchange Limited and obtained by Investors King.

Cordros Registrars Limited has now replaced Centurion Registrars Limited and takes over the Register of Members of C & I Leasing Plc effective 1st January, 2022.

The statement reads “C&I Leasing Plc hereby notifies Nigerian Exchange Limited (NGX), its shareholders and the investing public of the appointment of Cordros Registrars Limited as its REGISTRARS – SHARE REGISTRATION AND DATA MANAGEMENT SERVICE PROVIDER.

“Cordros Registrars Limited replaces Centurion Registrars Limited and takes over the Register of Members of C & I Leasing Plc effective 1st January, 2022.”

Speaking at a virtual press conference at the weekend, the Chief Executive Officer, C & I Leasing Plc, Ugoji Ugoji, revealed the company’s plans to explore opportunities in the digital space to improve its revenue despite the negative effects of the pandemic.

Explaining how the company planned to achieve this, he said by increasing and enhancing its collaboration and the creation of new business models to navigate the impact of the COVID-19 crisis, the company will remain more profitable and competitive in the industry.

He also stated that the company would continue to look at the existing businesses to identify areas of improvement.

“We must be able to adapt and manage the resources of the company to improve on our processes to reduce the cost of transactions and grow our topline revenue,” he said.

 

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Netflix Increases US, Canada Subscription Fees…Nigerian Subscribers To Suffer Same Fate

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With the increase in inflation rates and the unstable foreign exchange, Netflix is likely to hike its subscription fee in Nigeria.

This is following the latest increase in its subscription fee in the United States and Canada, effective immediately for new subscribers.

Usually, when the inflation rate rises, prices of goods and services also increases, and consequently, banks raise their interest rates as well to cope and maintain their profit margin.

In the U.S., subscribers to Netflix’s basic plan, which allows for one stream on one screen at a time and does not have HD streaming, will now be charged $9.99 a month, up from $8.99.

The standard plans, which allow for users to stream on two screens at the same time now costs $15.49 per month, an increase from $13.99, while premium plans have also increased to $19.99 a month.

Investors King gathered that this is the third time Netflix will raise its prices in three years and the first since October 2020 for streamers residing in the U.S. and Canada.

Presently in Nigeria, Netflix’s subscription rate ranges from about  3,300 to about 5,800 per month.

Investors King recalls that Netflix, in 2020, officially launched its presence in Nigeria and since its launch, the streaming company has dominated Nigeria’s relatively new video-on-demand market with some hit movies and web series like King of Boys, Òlòtūré, Citation, Lionheart, Namaste Wahala, among others.

Today, Netflix has over 151 million paying subscribers in more than 190 countries.

Meanwhile, the Federal Government of Nigeria is making plans to force international social network services and digital platforms to register and open offices in Nigeria.

This means that media services, social media platforms and digital streaming platforms like Netflix and the others must register and pay tax in Nigeria and register with the National Broadcasting Corporation (NBC).

This move, according to the government, is to ensure that all these platforms register with the NBC, apply for a broadcasting license and pay tax.

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