Visionscape Municipality Bond default and the need for credit default Swaps
Municipality Waste Management Contractors Limited, promoted by Visionscape Sanitation Solutions Limited, has failed to pay the N4.5 billion coupon interest
GTBank, Zenith rake in over N30 billion from Electronic Business fees
Two of Nigeria's biggest banks, Zenith Bank and GTBank, reported record-high profits of N193 billion and N184.6 billion in 2018.
Corporate Actions: N184 billion and Double Rs
Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have an impact on the firms themselves or shareholders.
Examples...
Visionscape Municipality Bond Default Explained
Last week, reports confirmed that a subsidiary of Visionscape Sanitations Solutions Limited may have defaulted on N4.5bn coupon payment due on March 4th.
Wema Bank takes the top spot this week
The Nigerian Stock Exchange closed this week’s trading session in positive territory, albeit marginally. The All Share Index ended this week's trading session at...
African Alliance rebrands with a new strategy that targets the youths
African Alliance Insurance Plc has unveiled a new corporate identity with a new logo and strategic direction that targets the youths.
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.
Phone Swap: Phone retailers losing business segment to black market
Before you walk into a phone retail shop for a phone swap, ensure that you are not quick to anger and you are an individual with few words, because the response of the staff in charge will probably push you over the edge.
How to Apply for Canadian Permanent Residency from Nigeria on Your Own
We live in a world where we have many more opportunities today than we did yesterday. So many people can move, travel and build...
JPM coin: What it is and what it means for Cryptocurrency
The introduction of JPM Coin is a win for cryptocurrency, as it lends legitimacy to Bitcoin.
This is what you get if you buy the March 2019 FGN Savings Bond
You can subscribe for as little as ₦5,000
Day-light robbery behind Apapa gridlock
What used to be a friendly gesture has now metamorphosed into daylight robbery.
FOCUS: These companies aren’t generating wealth for shareholders
There are more than a hundred companies whose securities are listed on the Nigerian Stock Exchange. But not all of them generate wealth for investors.
Access and Diamond Bank head this week’s watchlist
Stocks to watch this week is picked from companies having corporate actions as well as those that topped the gainers and losers chart in the previous...
CORPORATE ACTIONS: N901 Billion and a Little Sugar
Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders.
Examples of...
Japaul switches positions this week
This week was a bearish one on the Nigerian Stock Exchange, as the All Share Index shed 2.12%.
26 equities appreciated in price during the...
“Worst is behind us” Research sees improving economy under Buhari second term
If external shocks in the coming period 2019-23 are not as great as those during 2015-19, then the nascent economic recovery might give this administration an opportunity to address pressing domestic issues.
Next Level: Exchange rate under Buhari by 2023
As President Muhammadu Buhari won Nigeria’s recently-concluded presidential election for his second term bid, Nigerians who voted-in the president again ‘surprisingly’ do not have...
Presco Plc has a HOLD recommendation
Stocks on our Buy/Sell/Hold list are picked from the top gainers and losers of the prior week as well as various analyst reports
Presco Plc:...
Foldable Phones: Is Nigeria ready for the new mobile innovation?
Samsung Galaxy Fold and Huawei Mate X are the new kids in the block.
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...
How to bid for the second February 2019 Treasury Bills auction
Buying treasury bills is one of the safest forms of investment.
6 quick wins for an Atiku presidency
The winner of Nigeria’s most contested election is set to be announced by Tuesday the 26th of February 2019.
How much longer would this pharmaceutical company remain listed on the NSE?
Some companies continually disobey the rules, and one of them is Evans Medical Plc, Nairametrics’ company focus for the week.
FUGAZ Banks lead this week’s stocks to watch
Stocks to watch comprises the best and worst stocks for the prior week, as well as companies that had corporate actions after trading hours,...
Corporate Actions: Revivals and a Merger
Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders.
Examples of...
Penny stocks dominate gainers in a bearish week
This week was a bearish one on the Nigerian Stock Exchange, as the All Share Index opened at 32,715.20 and closed at 32,515.52 basis...
Who becomes Nigeria’s next “CEO” after this weekend?
After a controversial one week delay, Nigeria's 2019 elections will finally commence tomorrow as the people elect their next president.
What President Buhari said to Nigerians on the eve of 2019 presidential election
President Muhammadu Buhari has, on the eve of the 2019 presidential election, address the nation. The president urged Nigerians to come out en masse...
Sterling Bank upgraded to a HOLD
Stocks on our Buy Sell Hold list are picked from the top gainers and losers of the prior week, as well as various analysts'...
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The hidden cost of clutter in your home and office
It is important to bear in mind that the accumulation of clutter is a 'financial sin'. This is because clutter ties up cash that could be meaningfully invested. Let this article help you understand how to avoid committing this 'sin'.
UPDATE: Dangote announces impending sale of Dangote Flour Mills Plc to Olam
The Board of Dangote Flour Mills Plc has notified the NSE and the investing public about the acquisition of its shares by Olam International Limited.
Watch two of these FUGAZ banks this week
@firstbankngr and @ubagroup top Nairametrics stocks to watch on the @nsecontact for this week.