2014 Q1: CBN Policy Bites Harder As GTB Post Negative Earnings Growth. See details

Guaranty Trust Bank released its 2014 Q1 results showing a Gross Earnings increase of 2.68% to N65.5billion. Other highlights of the results are as...

Earnings Forecast: Diageo Hints At Improved Q3 Revenues For Guinness Nigeria Plc

Diageo the Parent Company of Guinness Nigeria Plc has hinted of revenue growth in Nigeria despite decline in volumes worldwide.  According to its recently...

How To Get Back Unclaimed Dividends & Process e-dividends

  As an investor in shares it is very likely that you may have come across incidences of unpaid dividends either due to the dividend...

This Chart Shows How Quickly Nigeria’s External Reserve Has Depleted Over The Last 12...

  The Nigerian external reserves has witnessed a massive decline over the last 12 months. Back in April 2013 it was at a year high...

Oando Energy Resources Post $38million (N6.1billion) Loss After Tax. Blames COP Deal

Oando Energy Resources (OER), a subsidiary of Oando Plc released its 2013 FY results showing revenues declined 5.9% to $127million as crude oil production...

Official: N153billion Flies Out of Nigeria In Foreign Portfolio Outflow

In a week were we woke up and heard the Nigerian economy was now the largest in Africa, the Nigerian Stock Exchange has announced...

Analysis: 10 Things You Need To Know About Transcorp 2013 Result

Looking at Transcorp's annual report for 2013 reveals how far the company has come since its takeover by Tony Elumelu and his Heirs Holding...

Blow Out Result? StanbicIBTC Defies Status Quo, Post 100% Increase in PAT

Stanbic IBTC released its 2013 FY results showing a Gross earnings of N111.2billion representing a 21% increase from the N91.8billion posted a year earlier. See...

UPDC Plc Post N3.1billion PAT

Quick Highlights Gross Profit dropped 36% to N3billion (2012: N5billion) Operating profit without other income was N1.4billion (2012: N3.2billion) Game changer was other income which rose 633%...

ABC Transport Post 6% Drop in PAT..See Details

ABC Transport Plc released its 2014 Audited results showing a 6.3% drop in profit after tax to N305million (2012: N326million). Highlights of the results...

Official: Oando Extends Completion of Conoco Phillips Deal To April 30th. Agrees To...

Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria,...

Official: Seplat Will Sell For Between N535 and N700 Per Share. See full details

  SEPLAT, an indigenous independent oil and gas company incorporated and operating in Nigeria with a strategic focus on Nigeria, announced on 11 March 2014...

“God” Analysts: This Is What They Expect From The New CBN Governor

It was basically confirmed last week that Godwin Emefiele will be the new CBN Governior come July 1 2014 when the tenure of Sanusi...

R-E-S-U-L-T: Dangote Cement Post Record N201billion Profit After Tax For 2013

  Dangote Cement Plc has released its 2013 FY audited accounts showing a 30% rise in revenue to N386billion (2012: N298billion). Operating profit at the...

How Not To Invest In Shares

Bright decided it was time to get into the stock market business and decided to open an account with a stockbroker. He quickly asked...

2013 FY Analysis: GT Bank Delivered Despite All Odds

GTB released its 2013 FT results showing an 8.79% rise in Gross revenues to N242billion. Operating profit at the end of the period rose...

This Is Your Official Treasury Bills Calendar For Second Quarter 2014

  The Central Bank has released its official Treasury Bills program for the second quarter of the year 2014. The calendar includes treasury bill sales the...

P-R-E-S-S R-E-L-E-A-S-E: Does This Sanusi’s Official Response Make FRC & GEJites Look Like CLowns?

I am compelled to make this public statement to address the various allegations levied against the Central Bank of Nigeria (CBN) and cited as...

MTN Post N2tr Revenue For 2013 With Nigeria Contributing The Most At 35%

MTN Group released its 2013 audited accounts showing a revenue growth of 12% to R139.5b (N2trillion). compared to R121.8b (restated) posted in 2012. The...

After Declaring First Time Dividend, Is Transcorp Shares Set For Another Rally?

If you bought Transcorp shares about 6 months ago when it was N1.8 and still hold it, that stock would be worth almost 2x that...

2 New Banks & A Registrar Joins Our Stock Picks For The Week (3/3/2014)

February was a month to forget for some investors whilst others would reflect on February and say that was the month they made their...

Warren Buffet Has A Message For Unprofessional Investors, Pls Read!

Warren Buffet is one investor that is never shy to share his renowned investment wisdom. He does this very frequently via his annual letter...

S-T-A-G-G-E-R-I-N-G: Facebook Buys Whatsapp For $19billion

    (Reuters) - Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock in a landmark deal that places...

How To Monetize Old Share Certificates and Locate Missing Stocks

  Are you one of those people with dozens of share certificates and dividend warrants stashed in a drawer or safe in your house? Perhaps...

Get Set For 35kobo Dividend (10% Yield) If You Own Africa Prudential Registrars Shares

Foremost Registrars, Africa Prudential PCL has proposed a 35kobo dividend as contained in a board resolution featured on the website of the company. The...

A.L.E.R.T: Guinness Plc Post 32% Drop in H1 Pre-Tax Profits, Share Price Falls From...

Guinness Nigeria Plc released its 2013 to December H1 results showing Revenue dipped 13% to N52.7billion (2012 H1: N60.8billion). Operating profit also dropped 30%...

Valentine’s ‘Week’ Sell Off: Nigerian Stock Market Sees RED..(Check out Chart)

Red Week It was indeed a red week as The NSE All-Share Index and Market Capitalization both depreciated by 4.92% to close on Friday at...

Analysis 2013 FY: Nigerians Breweries N43billion PAT Is Impressive But Investors Shoudn’t Be Excited...

Nigerian Breweries Plc released its 2013 FY Audited results showing a 6.3% rise in revenue to N268.6billion (2012 FY: N252.6billion) during the year. Adjusted...

Sanusi’s CRR Comments Sparks Sell Off; Sectorial Indices Tank, Only 8 Equities Gained, 53...

The NSE All Share Index dropped to its 7 weeks low yesterday and dipped below 40,000 points for the first time since December. Some...

Official: The CBN Will Approve Your Employment Letter Before You Join Any Bank

The Central Bank of Nigeria has released a directive to banks mandating them to seek prior approval before recruitment of bank employees.  They claim...