TOP STORIES

Cadbury Nigeria Plc on the losers chart despite blow out results

Mc Nichols Plc was the best performing stock on the Nigerian Stock Exchange this week. The stock appreciated by 22.81%, opening at N0.57 and closing at N0.70.

Digital Rights and Freedom Bill: Why Buhari maybe right to decline assent

Basically, the Digital Right and Freedom bill is aimed at protecting the rights of Nigerian online users. 

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.

NIGERIA: Daily Parallel Market Exchange Rate (March 22nd 2019)

Parallel market exchange rate between the Naira and three of the world's major currencies.

EMM Podcast: Ugodre’s take on potentially increased VAT for minimum wage

On this episode of the EMM Podcast, Ugodre explains the impact of a potential 50% increase in VAT on the newly approved minimum wage for Nigeria workers.

International Breweries is a SELL

Stocks on our Buy Sell Hold are drawn from various analysts’ reports, as well as the top gainers and losers from the previous week.   Zenith Bank: HOLD   Recent Results: Gross earnings...

Press Releases

BUA and Wartsila Oy of Finland sign 48MW Power project for Sokoto Line 3

This is coming two months after BUA announced that it has signed a contract with world’s renowned cement manufacturing company, CBMI.

#SheVentures – 4 Reasons Every Nigerian Business Woman Should Seriously Consider This New Proposition

Reports show that women make up 49% of Nigeria’s adult population. However, only about 42% of them have access to formal financial services.

125th ANNIVERSARY: FirstBank embarks on 125km relay walk to greatness

First Bank of Nigeria Limited would have a 125km relay walk to celebrate the Bank’s 125 years of unbroken business operations.

Zedcrest Capital gives update on EFCC case involving its MD

Investigations on the alleged forgery case involving an ex-staff of Zedcrest Capital, has revealed that the former staff acted unprofessionally.

NOVA Merchant Bank Limited declares N1.15bn in PAT, continues to focus on growth

NOVA Merchant Bank Limited has declared a profit after tax of N1.15 billion for the year ended 31st of December 2018.

First SEC Approved 15-Year Corporate Green Infrastructure Bond in the Nigerian Debt Capital Markets

Following the receipt of Board’s approval on 26th September 2018 to raise additional capital and the receipt of regulatory approval from the Securities and...

Editor's Pick

Cadbury Nigeria Plc on the losers chart despite blow out results

Mc Nichols Plc was the best performing stock on the Nigerian Stock Exchange this week. The stock appreciated by 22.81%, opening at N0.57 and closing at N0.70.

International Breweries is a SELL

Stocks on our Buy Sell Hold are drawn from various analysts’ reports, as well as the top gainers and losers from the previous week.   Zenith Bank: HOLD   Recent Results: Gross earnings...

Daily Update on Bonds, Fx Market, and Treasury Bills

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.

GSK Consumer Nigeria declares dividends amidst ‘missing’ results  

Two weeks ago, GSK Consumer Nigeria Plc declared a final dividend of N0.50 per share for the 2018 financial year. This comprised of 36 kobo from...

Fixed Income Daily Report: Treasury Bills, Bonds, and more

The FGN Bond market tilted slightly bearish as the DMO released its bond offer circular for the month.

Nigeria’s Mining Sector shows growth prospects, despite low credit provision

The Federal Government of Nigeria needs to build and implement a robust regulatory framework for the mining sector.

NASCON Allied Industries Plc’s shareholders to get dividends

On June 17, 2019, the money will be paid electronically to shareholders whose have completed the e-dividend registration process.

FSDH worried over Nigeria’s balance of payment despite CBN’s optimism

As the economic mainstay remains oil and gas, FSDH is worried about Nigeria's Balance of Payment.

Julius Berger declares final dividend for FY 2018

Julius Berger Plc has declared to pay a final dividend of N2.00 per 50 kobo share for the financial period ended Monday, December 31,...

Cadbury Nigeria Plc to pay final dividend for 2018 financial year

After reporting a profit after tax of N823 million in FY 2018, Cadbury Nigeria Plc declared a final dividend of N0.25 kobo per N0.50 kobo ordinary share.

AMCON boss wants courts to have debt recovery powers

AMCON Managing Director, Ahmed Kuru has advocated for a renactment of the Failed Banks Act. The then act gave tribunals the power to recover debts owed failed banks.
bua cement

Latest Posts

NASCON Allied Industries Plc’s shareholders to get dividends

On June 17, 2019, the money will be paid electronically to shareholders whose have completed the e-dividend registration process.

Cadbury Nigeria Plc on the losers chart despite blow out results

Mc Nichols Plc was the best performing stock on the Nigerian Stock Exchange this week. The stock appreciated by 22.81%, opening at N0.57 and closing at N0.70.

Digital Rights and Freedom Bill: Why Buhari maybe right to decline assent

Basically, the Digital Right and Freedom bill is aimed at protecting the rights of Nigerian online users. 

FSDH worried over Nigeria’s balance of payment despite CBN’s optimism

As the economic mainstay remains oil and gas, FSDH is worried about Nigeria's Balance of Payment.

Nigerian lady narrates how the FGN bonds helps her save properly

FGN Bonds are considered the safest of all investments in domestic debt market.

8 Key Facts about the Treasury Single Account (TSA) policy

With the general elections now over, it seems a good time to reflect on one of the major success stories of the current government...

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.

Julius Berger declares final dividend for FY 2018

Julius Berger Plc has declared to pay a final dividend of N2.00 per 50 kobo share for the financial period ended Monday, December 31,...

NIGERIA: Daily Parallel Market Exchange Rate (March 22nd 2019)

Parallel market exchange rate between the Naira and three of the world's major currencies.

NNPC commences rehabilitation of Port Harcourt’s refinery to boost local supply

The rehabilitation exercise comes 19 years after the last Turn Around Maintenance (TAM) exercise.

Cadbury Nigeria Plc to pay final dividend for 2018 financial year

After reporting a profit after tax of N823 million in FY 2018, Cadbury Nigeria Plc declared a final dividend of N0.25 kobo per N0.50 kobo ordinary share.

Nigeria’s Mining Sector shows growth prospects, despite low credit provision

The Federal Government of Nigeria needs to build and implement a robust regulatory framework for the mining sector.

How to Invest

Nigerian lady narrates how the FGN bonds helps her save properly

FGN Bonds are considered the safest of all investments in domestic debt market.

Why you must consider the ‘Opportunity costs’ before investing

In investment, opportunity cost has to do with the cost of choosing one investment over another one, which has the potential to earn a higher return.

Exclusive: A look at how young Nigerians invest their money nowadays 

As his phone finally buzzed with the notification of his salary payment, John pondered whether to stick to his investment plans or cheat for the last time. 

Market/economic insight: the weekly brief ( November 5th – 9th 2018)

The performance of the Nigerian Equity Market returned bullish last week with the index (NSE ASI) up by 0.23% WTD to close at an index level of 32,200.21 and Market capitalization of N11.76 trillion.

STOCK IDEAS

Daily Update on Bonds, Fx Market, and Treasury Bills

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.

Banking Stocks to watch this week

Stocks to watch this week comprises the top gainers and losers for the previous week, as well as companies that would be having corporate...

Buy/Sell/Hold: This why you should SELL Sterling Bank and UAC of Nigeria

Stocks to Buy/Sell/Hold are picked from the top gainers and losers of the prior week.

Place a HOLD on these stocks in the coming week

Stocks to watch are picked from the top gainers and losers of the previous week.
GTBank mobile app

Mutual Funds

January’s huge inflow into FBN Money Market Fund underscores search for yield

Analysis on the inflows and outflows into and from Nigerian mutual funds, shows that FBN Money Market Fund attracted the largest inflow in January, 2019.

EXCLUSIVE: Mutual Funds’ Asset Value Plunges

The Net Asset Value of Nigeria's mutual funds plunged to N660 billion in November, as against October's ending value of N683 billion.

Fidson’s plan to dominate the pharmaceutical space in the next 10 years

Fidson Healthcare Plc held a breakfast meeting with shareholders to provide details of a N3 billion rights issue. Nairametrics had an exclusive interview with the Founder/Managing...

Nigerian Stock Exchange to launch mutual funds trading platform

The NSE is set to start listing of mutual funds.

Financial Literacy

Nigerian lady narrates how the FGN bonds helps her save properly

FGN Bonds are considered the safest of all investments in domestic debt market.

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.

How to make $1bn from a single product in Nigeria

Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.

EXPLAINED: The reasons why many Nigerian startups fail

Popular Nigerian realtor and human rights activist, Mr Segun Awosanya, has explained why many Nigerian startups fail. 

Corporate Stories

Cement Wars: The battle for Cement dominance between Ibeto vs Dangote

A story of the battle for Cement dominance in Africa's largest economy, Nigeria.

Corporate Story: The rise and fall of HiTV

In this latest installment of Corporate Stories, we are going to tell the story of a young man, who dared to take on a...

Corporate Stories: The back story behind the UBA & STB Merger

In this month's episode, we tell the story of how one of the biggest deals in Nigeria's corporate history was executed with the heart...

#CorporateStories: Tiger Brands’ misadventure into Dangote Flourmills

This is a short account of the activities that underpinned Dangote Flour Mills’ remarkable 288% share price rally in 2016. The precursor to this,...

Corporate Profiles

Notable businessmen who changed the political game in 2019

In retrospect, we look back at the 2019 election, with special focus on some of the business executives who ventured into politics by running for various elective positions.

On this day, we celebrate top Nigerian women in business

Today is International Women’s day, a global, annual event specially dedicated to celebrate women and their many accomplishments.

Fidson’s plan to dominate the pharmaceutical space in the next 10 years

Fidson Healthcare Plc held a breakfast meeting with shareholders to provide details of a N3 billion rights issue. Nairametrics had an exclusive interview with the Founder/Managing...

CEOs of some NSE companies that may declare losses for 2018 – Part 2

Last week, we brought you the first part of a list of some Chief Executive Officers of NSE-listed companies that may end up declaring losses for full-year 2018.

Podcast

EMM Podcast: Ugodre’s take on potentially increased VAT for minimum wage

On this episode of the EMM Podcast, Ugodre explains the impact of a potential 50% increase in VAT on the newly approved minimum wage for Nigeria workers.

BHH Podcast: Reach Technologies, JR Kanu explains transaction informatics

On this episode of the BHH Podcast, Bukola and Taiwo had JR Kanu the founder of REACH Technologies talk about how SMEs can master transaction informatics.

EMM Podcast: Ugodre explains FGN Bond vs Treasury Bills which is better

Everyday Money Matters is a Financial Literacy and Personal Finance Podcast powered by Nairametrics.

EMM Podcast: Ugodre on who will be the new CBN Governor

Everyday Money Matters is a Financial Literacy and Personal Finance Podcast powered by Nairametrics.