Monday, May 21, 2018

These hot stocks grew their dividend by more than 100% in 2017

Fixed income investors must be feeling unease as yields continue to plunge and may be thinking of where else to run to for improved...

Why you should be buying Okomu Shares…!

By Stanbic IBTC Stockbrokers Action: The Okomu Oil Palm Company Plc (Okomu) released 1Q18 results reporting a 100% q/q (+25% y/y) and 26% q/q (+13%...

These are Billionaires of the Nigerian Stock Market

The Nigerian Stock Exchange is worth over N14 trillion and counting. This is a remarkable improvement from under N10 trillion just over two years...

Nigeria wants to buy “10,000 tractors” from US – Aliko Dangote

Africa's richest man Aliko Dangote confirmed in an interview with NTA that Nigeria was looking to buy "about 10,000 tractors" from the United States. According...
Fidelis Akhaboso Ayebae

From Banker to Pharmaceutical Mogul- Meet Fidelis Ayebae

Dr Fidelis Akhagboso Ayebae is the Founder and Chief Executive Officer of Fidson Healthcare Plc. The company recently declared ₦3.61 billion as its revenue...

3 economic demands Trump wants from Nigeria

Nigeria's President Buhari is on a working visit to the United States of America where he met with his counterpart President Donald Trump. Both leaders...
FUGAZ Banks

Official: Zenith Bank is now Nigeria’s largest bank by Customer Deposit

Zenith Bank Plc is now officially Nigeria's largest bank by Customer Deposit. In its 2017 annual report and first quarter 2018 interim report released...
Photo by Hans Veth on Unsplash

Watch Out Stock Market, Corporate Bonds are taking over

According to data from Security and Exchange Commission, the very first corporate bond issued in Nigeria was by The Broadcasting Corporation of Nigeria. It...

These are the Stocks to watch this week

April was a bearish month for the Nigerian Stock Exchange as the All Share Index is down 0.63% month to date. Here is a...

The WEEKLY REVIEW: Will Forte Oil repeat the 20% pop?

Weekly Market Summary: 32 tickers gain The NSEASI closed up by 1.05% as the bulls were increasingly charged in the week. ...
FCMB Group Plc

FCMB assures of enhanced performance as shareholders approve results at AGM

FCMB Group Plc is on a stronger pedestal and will continue to provide superior performance that would add significant value to stakeholders in a...

Women As Drivers of Innovation and Creativity

The 2018 commemoration of World Intellectual Property Day held on April 26, 2018. The World Intellectual Property Day (WIPD) is celebrated annually to focus on...

Meet Sanjeev Gupta, the turnaround king who bought Diamond Bank UK

Diamond Bank Plc recently announced the sale of its UK subsidiary Diamond Bank (UK) Plc to Weylands trust, a member of the GFG Alliance....

These 4 metrics show how GTB has performed under Segun Agbaje

It's almost 7 years since the erudite and charismatic co-founder of GT Bank, Tayo Adenirokun died. In a death that sent shock waves around...

Buy, sell or hold; Zenith Bank or GT Bank (This choice might surprise you).

Nairametrics staff subscribe to some analysts report online and once in a while, we like to share with our readers. This particular article from...

VAS Marketing: The Big Brother Naija Saga

Allegedly 170 million votes and over N5.1 billion in revenue after, what seemed to be 3 months of intrigue, suspense and controversy for most,...
Spectranet

These challenges could ‘kill’ Spectranet’s market share

Spectranet is one of the foremost internet service providers (ISP) in Nigeria and was the first to introduce 4G LTE internet service in the...

3 things critics of Dangote won’t like about Dangote Cement’s latest results.

Nigerian Billionaire and Africa's richest man Aliko Dangote has a lot of admirers and he inspires many in the corporate world. However, he also...

All the reasons why Nigeria Breweries is a “HOLD”

STANBICIBTC Stockbrokers: Nigerian Breweries released 1Q18 results that were largely in line with Heineken’s trading update, which reported a high single digit volume decline...
Bilikiss Adebiyi Abiola

Meet Bilikiss Adebiyi-Abiola, Nigeria’s queen of recycling and environmental sustainability

Bilikiss Adebiyi-Abiola is one very enterprising game changer whose name will go down in history as one of Nigeria’s greatest trailblazers. Just last week,...
Konga offline

Analysis: What the future holds for the New Konga!

We’ve all read about what likely went wrong with Konga. I wrote a piece about that as well, but before then I had written...
Hourglass by Aron visuals- unsplash.com

Time is running out for Courteville’s business model

On Monday, April 16th, 2018, the share price of Courteville Business Solutions Plc reached its lowest level in five years, closing at ₦0.20 against...

These are what your pension contributions are used for

Ever wonder where your pension fund contributions are invested? Before we get to that, let’s share some interesting data about Nigeria’s pension industry. Data from...
L-R: Chairman, Forte Oil Plc, Mr Femi Otedola; Chairman, UBA Plc, Mr. Tony Elumelu; and President, Dangote Industries, Alhaji Aliko Dangote, at the 2018 UBA CEO Awards.

These are the Billionaires that attended UBA 2018 CEO Awards

It was a fun night of glamour and electrifying excitement as Pan African financial services group, United Bank for Africa (UBA) Plc once again...

Watch out for these stocks during this week’s trading session

April has been a largely bearish month for the equities market, with the NSE All Share Index down by 1.66% month to date. Here...
Nine Nigerian youths on the 2018 Forbes' 30 under 30 Africans

These 9 young Nigerians that made Forbes list of most promising African entrepreneurs are...

Earlier this week, while speaking at the 2018 Commonwealth Business Forum, President Muhammadu Buhari implied that most Nigerian youths are lazy and want everything...

These stocks made money for investors last week

This week was a bearish one as the NSE All-Share Index and Market Capitalization depreciated by 0.28% to close the week at 40,814.89 bps...
Mutual funds

These are the best performing mutual funds for the week ended April 6, 2018

Data from the Securities and Exchange Commission (SEC) website shows the Net Asset Value (NAV) of mutual funds increased by 2.49% from N529 billion for the week ended March 29, 2018 to N542 billion for the week ended April 6, 2018. Equity and money market funds delivered largely negative returns, while bond and fixed income […]

These are “JIJO” stocks; avoid them if you can

The Nigerian Stock Exchange (NSE) All-Share Index (ASI) in the past few weeks has been bearish. Year to date gains has since dropped to...

$47 billion in the account! How external reserves affect your pocket

In case you didn’t know, Nigeria’s external reserve hit $47 billion on Wednesday, the highest in over 4 years. We had an inkling of...