Friday, April 27, 2018
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...
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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...

GTBank’s reason for staying away from the power sector privatization is a lesson for...

The Group Managing Director of Guaranty Trust Bank Plc, GTBank, Mr. Segun Agbaje has disclosed that much of its revenue in the last financial...
Old 50 kobo note

Three quick ways to find out if a stock is overvalued

Deciding what stock to buy can be a challenge especially in a bullish market. Bullish markets are characterized by higher returns on the average...
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Tracker: Nigeria’s External Reserve now at $47 billion as at 16th April 2018

The table below represents Nigeria's External Reserve Position and dates back to March 2017. The table is updated weekly with the data sourced from...
Lafarge Factory Plant

Analysis: Lafarge Africa Plc, Not out of the woods yet

Lafarge Africa’s FY 2017 numbers were weighed down by significant one-off items and high finance costs. Post its rights issue, Lafarge’s current debt of...
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These 3 dividend stocks have always been on point

Stock Picks| It’s still the earnings season and we expect to see more companies release their first-quarter results for 2018. First quarter results, though premature,...
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4 hot stocks to either Buy, Sell or Hold this week.

These are the stocks on our Buy Sell or Hold list for the week ending April 21, 2018. May & Baker Nigeria Plc - HOLD Latest...
Bukky George

Meet Bukky George, The CEO of HealthPlus who just raised $18 million

Bukky George is the founder and Chief Executive Officer of HealthPlus Limited, the company that recently announced an important partnership with Alta Semper Capital. Details...
FINT

Meet FINT, the FinTech Company that wants to change micro-lending in Nigeria

FINT.ng is a loan marketplace that connects borrowers to lenders. Borrowers get access to credit at affordable rates and lenders get their money back...
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Bottom Line: Honeywell smells really good but….

Two years ago, Honeywell was facing a financial crisis, the type it had not faced in recent times. It reported a loss of N3...
Startups

Opinion: Is NITDA’s grant to these startups a joke?

According to reports by Techpoint, Nigerian Startups raised a total of $9.24m in Q1 2018. The report reveals that 14 were involved in forms...

DEAL: Konga and Yudala announce merger plans

KONGA| Konga, Nigeria's largest online mall, and Yudala, Africa's pioneer composite e-commerce company have officially announced a merger of their operations which will see...
minister-of-finance-Kemi-Adeosun

‘Upset’ Adeosun names Uduk as new SEC DG, redeploys Zubair over Oando Gaffe

The Minister of Finance Kemi Adeosun has named Ms. Mary Uduk as the new Acting Director General of the Security and Exchange Commission and redeployed...
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This is the best Mutual Fund in Nigeria this year so far

Data from the Security and Exchange Commission (SEC) says there are 73 Mutual Funds in the country as at March 29, 2018. The Mutual Funds...

Two Nigerian Banks on the hook as Japaul sinks deeper into financial crisis

Beleaguered Japaul Oil & Gas released its 2017 Audited accounts reporting a loss after tax of N13.2 billion (2016 FY: N22 billion). Japaul was recently...

The investment risks associated with Buhari running for Presidency again

Nigeria's President Muhammadu Buhari declared on Monday that he intends to run for the presidency again come 2019. Shortly after the news, the stock...
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Analysts at ARM selected these two as their stock picks for the week

It's stock pick Wednesday at Nairametrics and as usual, we bring to you a selection of stocks from a pool of investment analysts, stockbrokers,...

Stock Market bounces back after Buhari Dump

The Nigerian Stock market on Tuesday after a bearish Monday largely attributed to the announcement by President Buhari that he will contest a reelection....
2019 General Election

Markets tank as President Buhari announces intention to run for a second term

Perhaps in response to President Muhammadu Buhari declaring his intentions to run for a second term, Nigeria’s financial markets all reacted negatively. The Nigerian Stock...

Opinion: Naira-settled OTC FX Futures and Stabilizing the Exchange Rate

To stem the continued devaluation of the Naira and to breath some air of stability into the ever-volatile Naira/Dollar relationship, the Central Bank of...

Tracker for Household Food Prices in Lagos (Updated April 7, 2018)

A Nairametrics Research on Household Food Items conducted from major markets in Lagos State reveal a general drop in prices for the week ended...