“God” Analysts: This Is What They Expect From The New CBN Governor

It was basically confirmed last week that Godwin Emefiele will be the new CBN Governior come July 1 2014 when the tenure of Sanusi...

R-E-S-U-L-T: Dangote Cement Post Record N201billion Profit After Tax For 2013

  Dangote Cement Plc has released its 2013 FY audited accounts showing a 30% rise in revenue to N386billion (2012: N298billion). Operating profit at the...
buy and sell stocks - Invest in shares

How Not To Invest In Shares

  Bright decided it was time to get into the stock market business and decided to open an account with a stockbroker. He quickly asked...

2013 FY Analysis: GT Bank Delivered Despite All Odds

GTB released its 2013 FT results showing an 8.79% rise in Gross revenues to N242billion. Operating profit at the end of the period rose...

This Is Your Official Treasury Bills Calendar For Second Quarter 2014

  The Central Bank has released its official Treasury Bills program for the second quarter of the year 2014. The calendar includes treasury bill sales the...

P-R-E-S-S R-E-L-E-A-S-E: Does This Sanusi’s Official Response Make FRC & GEJites Look Like CLowns?

I am compelled to make this public statement to address the various allegations levied against the Central Bank of Nigeria (CBN) and cited as...

MTN Post N2tr Revenue For 2013 With Nigeria Contributing The Most At 35%

MTN Group released its 2013 audited accounts showing a revenue growth of 12% to R139.5b (N2trillion). compared to R121.8b (restated) posted in 2012. The...

After Declaring First Time Dividend, Is Transcorp Shares Set For Another Rally?

If you bought Transcorp shares about 6 months ago when it was N1.8 and still hold it, that stock would be worth almost 2x that...
buy sell stocks

2 New Banks & A Registrar Joins Our Stock Picks For The Week (3/3/2014)

February was a month to forget for some investors whilst others would reflect on February and say that was the month they made their...

Warren Buffet Has A Message For Unprofessional Investors, Pls Read!

Warren Buffet is one investor that is never shy to share his renowned investment wisdom. He does this very frequently via his annual letter...

S-T-A-G-G-E-R-I-N-G: Facebook Buys Whatsapp For $19billion

    (Reuters) - Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock in a landmark deal that places...

How To Monetize Old Share Certificates and Locate Missing Stocks

  Are you one of those people with dozens of share certificates and dividend warrants stashed in a drawer or safe in your house? Perhaps...

Get Set For 35kobo Dividend (10% Yield) If You Own Africa Prudential Registrars Shares

Foremost Registrars, Africa Prudential PCL has proposed a 35kobo dividend as contained in a board resolution featured on the website of the company. The...

A.L.E.R.T: Guinness Plc Post 32% Drop in H1 Pre-Tax Profits, Share Price Falls From...

Guinness Nigeria Plc released its 2013 to December H1 results showing Revenue dipped 13% to N52.7billion (2012 H1: N60.8billion). Operating profit also dropped 30%...

Valentine’s ‘Week’ Sell Off: Nigerian Stock Market Sees RED..(Check out Chart)

Red Week It was indeed a red week as The NSE All-Share Index and Market Capitalization both depreciated by 4.92% to close on Friday at...

Analysis 2013 FY: Nigerians Breweries N43billion PAT Is Impressive But Investors Shoudn’t Be Excited...

Nigerian Breweries Plc released its 2013 FY Audited results showing a 6.3% rise in revenue to N268.6billion (2012 FY: N252.6billion) during the year. Adjusted...

Sanusi’s CRR Comments Sparks Sell Off; Sectorial Indices Tank, Only 8 Equities Gained, 53...

The NSE All Share Index dropped to its 7 weeks low yesterday and dipped below 40,000 points for the first time since December. Some...

Official: The CBN Will Approve Your Employment Letter Before You Join Any Bank

The Central Bank of Nigeria has released a directive to banks mandating them to seek prior approval before recruitment of bank employees.  They claim...

NSE Finally Released Its FPI Data For 2013 and Its Not So Comforting

The NSE  released its data on Foreign Portfolio Inflows (FPI) in Nigeria for they year ended December 2013. It showed a total FPI N1.o42trillion transactions...

Are These Beautiful Nigerian Dolls About To Overtake Barbie??

Reuters ||With a booming economy in Nigeria and more black children than anywhere else in the world, Taofick Okoya was dismayed some years ago...

Blog Power: See What Happened To This Stock After A Harvard Professor Blogged About...

  Bloomberg reports an Associate Professor of Harvard wrote a damaging blog post about Internet video and advertising company Blinkx Plc (BLNX) helping the stock to...

Corporate Makeover: Paul Jegede Reveals Japaul’s Merger Plans With N50b New Capital Injection. Also...

Right above is a picture of Japaul's shares chart in the last 5 years. It depicts how badly the shares have performed underlined by dismal...

Is Neimeth Pharamaceuticals Plc Share Price Popping Already?

Neimeth Pharmaceuticals Plc released its audited results on Jan 31 showing a profit of N130million compared to the N40million loss it posted a year earlier....

Analysis 2013 9 Months| Flourmills Plc Cost Volatility Makes It Unappealing

Flourmills PCL released its 2013 9 Months to December results showing a 17% rise in revenue year on year to N240billion. Gross profit however...

How The Emerging Market Sell Off Can Affects Banks and Off Course…You!!

I read this article on Quartz and I thought ian was an instructive depiction of why we should be worried about the Emerging Market...

Twitter Financial Results Were Fantastic Until This Happened……

Twitter, last night (Nigerian Time) reported stellar earnings that beat expectations across the board, and guided higher: Q4 revenue of $243 million, up 116% year-over-year, beating...

Analysis 2013 FY : Forte Oil Plc 396% Increase in PAT Is Not All...

Forte Oil Plc released its 2013 FY results last week becoming the first to do so in 2014. The results showed a 41% rise...

It’s Real!! CBN Confirms Major Drop In Foreign Direct Investment & Foreign Portfolio Investments...

The CBN released its 2013 Q3 external sector development showing huge declines in Foreign Portfolio Inflows as well as Foreign Direct Investments. This confirmed...

Beta Glass Was On Our Xmas Shopping List And Is 41.6% Up Since Then..See...

Back in December we released our Xmas shopping list for stock that we wish to own to for the Xmas holiday. Our list included...

Is Nigeria Subprime? Well, Find Out What Nobel Laurette, Paul Krugman Thinks

Paul Krugman is certainly one of my favorite economist and when he coughs markets can sometimes catch a cold. He is an unapologetic Keynesian...

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Dangote Flour Mills Plc

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.
Digital Banking

Report shows growing preference for digital banking transactions in Africa

A recent survey has shown that 40% of bank customers across Africa now prefer digital banking, even as 40% still like to visit their local bank branches.
NERC

NERC introduces franchising for Discos, as groups and consumers commend move

NERC is officially introducing sub-franchising of DisCos' operations in order to improve access to safe and reliable electricity services to Nigerians.