stock, market, stock market, Nigerian Stock Exchange

The Nigerian Stock Exchange ends today trading session negative

The Nigerian Stock Exchange (NSE) ended Tuesday’s trading session in negative territory. The All-Share Index closed at 27,352.24 basis points, down by 1.08%.
800 Chinese firms to participate in Lagos International Trade Fair 

800 Chinese firms to participate in Lagos International Trade Fair 

About 800 Chinese firms are expected to participate in the 2019 edition of the Lagos International Trade Fair.  
thomas cook

Thomas Cook’s bankruptcy threatens tourism 

British Travel Company and airline, Thomas Cook has shut down and declared bankrupt leaving 600,000 people stranded across the world.   
pinnacle

American firm seals partnership deal with Pinnacle communications 

American electronics manufacturing firm, GatesAir has concluded its partnership deal with a Nigerian company, Pinnacle Communications to penetrate the Nigerian digital TV market. 
Aliko Dangote, Milk importation, CBN, You probably wouldn't know Dangote dances until you watch this video  

Dangote to empower Nigerian women with N1.1 billion   

The Aliko Dangote Foundation is set to empower 106,000 women across four states in Nigeria with about N1.1 billion as part of its empowerment program
sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms

The Nigerian Stock Exchange ends the week bullish

The Nigerian Stock Exchange (NSE) ended Friday’s trading session in positive territory. The All-Share Index closed at 27,698.69 basis points, up 1.19%.
AIRBNB

Airbnb announces plan to go public  

Airbnb has announced its plans to go public in 2020. This is according to a statement released by the company
CBN, GTBank

Diary Production: Herdsmen to leverage on CBN’s Anchor Borrowers Programme 

Livestock production in the country is expected to gain growth as the Central Bank of Nigeria (CBN), has disclosed plans to support nomadic herdsmen in the country
Mobile money loan CBN Governor, CBN, Three PSBs get Apex Bank’s provisional to commence operations, Milk Import: Experts advise CBN on FX restriction 

Three PSBs get Apex Bank’s provisional approval to commence operations 

Three Payment Service Banks (PSBs) have got the Approval-in-Principle (AIP) of Central Bank to commence banking operations in Nigeria
investments, how to measure the performance of your investments., Here are ways to ask family and friends to fund your business - PART 2 

Here are ways to ask family and friends to fund your business – PART...

Friends and family members that invest in your business want a say in how things are done, investors will want to protect their investment.
Nigeria's Inflation

Nigeria’s inflation tapers to 11.02% y/y in August

Data from National Bureau of Statistics (NBS) revealed that Nigeria’s consumer inflation moderated to a 43-month low in August
Nigerian Stock Exchange, Nigerian Stocks

The stock market trades in positive territory

The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session in positive territory. The All-Share Index closed at 27,153.53 basis points, up 0.39%.
foreign investment, Here’s the easiest way to invest in your future 

Foreign inflows down 31% q/q in Q2 2019    

Capital Importation into Nigeria resumed its decline with a steep drop in the inflow of funds in Foreign Portfolio Investments (FPIs).
PenCom, unremitted pensions, Lagos State Pension Commission, LASPEC, Pension Fund Assets, PFAs make N1.69 trillion ROI  

Q2 2019: Sacked employees withdraw N113.21bn pension fund

324,141 Pension contributors have withdrawn N113.21 billion from their Retirement Savings Accounts with their Pension Funds Administrators as of the end of June
Nigerian Stock Stock

NSE closes the week’s trading in negative territory

The Nigerian Stock Exchange (NSE) ended Friday’s trading session in negative territory. The All-Share Index closed at 27,146.57 basis points
adams

Standard Chartered Bank denies Adam Oshiomhole’s claim

Hours after Standard Chartered Bank has refuted the claim, stating that it is not owned by a South African company.Adams Oshiomhole listed Standard Chartered Bank as one of the South African companies operating in Nigeria, 
access and diamond

Quick take: Post-merger synergies coming to fruition 

Access Bank recently released the first post-merger audited H1 2019 financial report for the combined entity following the merger with Diamond Bank.
Austin Avuru, Seplat, ANOH

Seplat’s Austin Avuru no longer has direct shares in company 

The Chief Executive Officer (CEO) of Seplat Petroleum Development Company Plc, Austin Avuru is no longer a direct share holder of the company.
Corruption, Vervelde, Nigerian Breweries, Nigerian Breweries mentioned in corruption case, company reacts 

Nigerian Breweries reacts to alleged corruption case involving its former CEO

Nigeria’s largest brewer, Nigerian Breweries Plc has reacted to a corruption case it was allegedly mentioned in.
Theophilus Yakubu Danjuma, Home of Henry VIII, Kings Arms Hotel

TY Danjuma states his role in the P&ID contract controversy

South Atlantic Petroleum boss, General Theophilus Yakubu Danjuma (rtd) has been mentioned in the Process and Industrial Development (P&ID) contract controversy.
Stock Market

Nigerian Stock Market trades on a negative note

The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session in negative territory. The All-Share Index closed at 27,319.64 basis points, down 0.97%.
Ponzi, SEC, SEC, FCCPC sign MoU to simplify merger process for quoted companies, Rights issue dominates quoted companies capital raise in 3 years 

SEC advises Afribank shareholders to claim dividends 

As part of its move to protect investors, the Securities and Exchange Commission (SEC) has advised shareholders of Afribank Plc to claim their dividends.
stock, market, stock market, Nigerian Stock Exchange

The Stock Market closes in positive territory

The Nigerian Stock Exchange (NSE) ended Monday’s trading session in positive territory. The All-Share Index closed at 27,565.09 basis points, up 0.14%.
Billionaires

A breakdown of how some billionaires gained and lost money last week

The NSE All Share Index declined by 12.42% to close out the month of August. What this means, therefore, is that people lost money; including some billionaire investors lost money.
Umar Garba. Nigeria Telecoms

Nigerian telecoms industry shows improving fundamentals

Nigerian Communications Commission (NCC) released a flurry of July data for the telecommunications industry,
Guinness Nigeria

2019 Fiscal Period: Guinness Nigeria declares N4 billion final dividend

Guinness Nigeria Plc has declared a final dividend of N1.52k per 50 kobo ordinary share which amounts to N4 billion
Stock, stock, trading, Nigerian-stocks

The Stock Market ends Thursday’s trading in negative territory

The Nigerian Stock Exchange (NSE) ended Thursday’s trading session in negative territory. The All-Share Index closed at 27,425.57 basis points, down 0.66%.
Saleh Mamman, Minister of Power

Power Sector: 11 DisCos recorded N1.67 trillion revenue shortfalls in 5 years 

Electricity Distribution Companies (DisCos) in Nigeria suffered huge revenue shortfalls in the tune of N1.67 trillion in the past five years.  
Mutual Funds

Common Mistakes Mutual Fund Investors Make

Buying mutual funds of similar characteristics, is a major reasons that people invest in mutual funds is diversification.
Apple Macbook Pro

U.S. Airline regulators ban Apple laptops on flights

Air passengers can no longer board flights with selected MacBook Pro Laptops in the United States due to a recent ban by the U.S. Federal Aviation Administration (FAA).