Continental Reinsurance Plc registers new subsidiary in South Africa

Continental Reinsurance Plc has notified The Nigerian Stock Exchange that it has registered a subsidiary company known as Continental...


Analysis: ARM places “buy rating” on Access Bank after impressive Q1 results

Access Bank Plc. (3 months ended March 2015) Access Bank Plc (Access) released Q1 2015 unaudited results wherein gross...


Nigeria’s monthly revenue drops by N84.6billion

Monthly Oil Revenue Drops Further by N86.42bn in March: The country’s monthly revenue prospects further declined by as much...



Analysis: ARM places ‘SELL Rating” following review of Dangote Sugar FY Results

Dangote Sugar Refinery Plc. (12 months ended December 2014)   Dangote Sugar Refinery Plc (DSR) released audited results for 12 months ending...


Cooking Gas prices increases 14% to N3,200

Marketers have increased the price of Liquefied Petroleum Gas (LPG) known as cooking because of its scarcity. LPG marketers,...


FCMB says it will dispense “20,000 new loans every month”

THE FCMB Group Plc has assured that the bank would embrace new business opportunities in order to enhance profitability...


Xenophobia: MTN warns 6,000 Nigerian jobs will go if they are attacked

MTN Nigeria on Monday warned that should there be attacks on its facilities, it might be forced to close...


How Nigerian stocks performed on Monday- (20/4/2015)

The NSE witnessed a reversal in the upward trend seen at the last trading session, as the benchmark index...


Coscharis offers vehicles finance @16.5pa interest and 10% down payment

  Access Bank Plc and Stanbic IBTC Plc has signed a memorandum of understanding (MoU) with Coscharis Motors at...


Air traffic controllers suspends planned strike

President Goodluck Jonathan has approved the payment of the harmonised rating allowances to Air Traffic Controllers in order to...


SEC suspends BGL Board and appoints interim management

  The Securities and Exchange Commission has intervened in the operations of BGL Plc, a member of the Nigerian...


10 Nigerian stocks with the best gains last week

The NSE All-Share Index and Market Capitalization appreciated by 0.21% respectively to close on Friday at 35,005.05 and N11.928...


The biggest sovereign wealth fund in the world has shares in these ten Nigerian companies

The biggest Sovereign Wealth Fund (SWF) in the world is owned by Norway and boast of a financial war...


Two reasons why Stanbic’s Q1 result was disappointing

Stanbic surprised many with a 46% drop in pre-tax profits to N4.8billion this quarter and just three months after...


Analysis: Why Forte Oil Q1 result suggest the share price is overvalued

Forte Oil released its 2015 Q1 results last week showing earnings per share dropped 65% to 26kobo per share....


Resistance and Support signals for Nigerian stocks

Below is the resistance and support for some listed stock. The resistance shows a price level that stocks try to...


Technical Analysis (TA) signals for Nigerian stocks (Week to date April 17 2015)

Below is the Technical Analysis Signals for some stocks and Indexes on the Nigerian stock exchange. TA signals relies...


Apapa ports generated N74billion in Q1 2015 up 295%

  The Apapa Area Command of the Nigeria Customs Service (NCS) has disclosed that it generated N74.11 billion during...


6 reasons why people hate Dstv

As a DStv subscriber in Nigeria, I have followed the uproar over the MultiChoice price increase with keen interest....


Diageo says its Africa results is below analyst estimates

An article from Bloomberg suggest Africa (which includes Guinness Nigeria} may have missed revenue and profitability targets set for...