Nigerian Stock Exchange - nairamerics

Nigerian Stock Market Gainers and Losers (Updated 10/19/2018)

Nigerian stocks closed trading on a positive note as the all share index rose by 0.54%.
Nigerian stocks

Buy/Sell/Hold: Three reasons to sell Wema Bank

Buy/Sell/Hold is picked from the top gainers and losers of the previous week.

Oil drops below $80, contradicting initial forecasts

Crude oil prices have declined, currently trading below $80 per barrel.

Consumers in Enugu paid the highest for Petrol in September

Average price paid by consumers for PMS increased to ₦147.30 in September 2018, from ₦146.9 in August 2018
Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN

Foreign Reserves drop by $1.1 billion in 2 weeks, now $43 billion

the external reserves currently stands at $42.92 billion as at Tuesday, October 16,
A B C Orjiako

Seplat exonerates self from $114m court judgement against Chairman

The management and Board of Seplat Petroleum Development Plc have quickly exonerated itself from a recent court judgement involving its Chairman, Mr A. B.C Orjiako.
Diesel Price

Price of Diesel Hits second highest since September 2017

Average price paid by consumers for diesel increased to ₦211.64 in September 2018 from ₦207.98 in August 2018.
Sports betting

How Nigeria’s sports betting industry is rapidly growing among teeming youth population

The relatively new sports betting industry has been growing rapidly, leveraging on an increase in internet penetration in the country.
Agriculture Fast Track

How farmers can benefit from this $1.5 million agric grant

Stakeholders in the Agric sector now have till November 16th, 2018 to take advantage of grant money (to the tune of $1.5 million) which has been made available by the Agriculture Fast Track Fund, AFTF.
Photo by Olga DeLawrence on Unsplash

Tracker: Nigeria’s External Reserve now at $43billion as at 15th October 2018

Nigeria's External Reserve was $43,002,460,465  as at October 15th, 2018.
Oby Ezekwesili

Ezekwesili finally speaks on economic plans as presidential bid intensifies

The flagbearer of the Allied Congress Party of Nigeria (ACPN) Dr Oby Ezekwesili, has tabled her plans for revamping the struggling economy.
Stanbic IBTC Bank

Stanbic IBTC is on a profit roll

Stanbic IBTC Holdings is a member of the Standard Bank Group.

Lafarge Africa’s Board to hold emergency meeting today

Lafarge Africa Plc's Board of Directors is convening today, October 16th for an emergency meeting during which a number of company matters will be deliberated upon.
Valentine Ozigbo, CEO of Transcorp Hotels Plc

Valentine Ozigbo: The village boy who became a world-class CEO  

Lately, the Chief Executive Officer of Transcorp Hotels Plc, Mr Valentine Ozigbo, has been the recipient of numerous local and international awards – more than twelve of them.
Multi Fund Structure

September mutual fund performance ranking

The Nigerian stock market continued its lacklustre performance in September by recording a month to date, MTD, negative performance of 6.05% to bring its Year to date, YTD, performance to minus 14.39%.
Nigerian stocks, Nigerian stock exchange

Bears open this week’s trading as volume hits year low

The Nigerian Stock Exchange (NSE) opened the week on a negative note.

Nigeria could likely borrow more despite IMF’s warning

Nigeria's Budget Minister, Mr Udoma U. Udoma, has claimed that the country has a sustainable debt portfolio and could borrow more money if it so wishes. 
Neimeth International Pharmaceutical Plc

Focus on this 61-year old pharmacy company and its looming 2018 loss 

The company specialises in the manufacturing and merchandising of drugs, both for human and animal consumption.

Stocks to watch: Q3 2018 results are on their way

Stocks to watch this week comprises the top gainers and losers of the previous week.

Nigeria’s pension contributors add N100billion to pension asset

Pension fund assets in Nigeria increased by N90 billion and N10 Billion for the months of July and August respectively to push the total pension assets to N8.33 trillion

Corporate Actions: 6 red cards and an exit from sugarland

Corporate actions are decisions taken by companies’ boards of directors.
Gainers and Losers

Financial sector dominates gainers chart this week

The Nigerian Stock Exchange (NSE) closed the week on a positive note.
Tech Roundup, Google

Tech Roundup: Google, NIPOST was in the news this week

Welcome to Nairametrics’ weekly tech news roundup. This week we bring you a compilation of the major tech news.
Agricaulture, Kebbi, FAAC, IGR

How State Governments will become richer without FAAC allocation

Kebbi State announced in August that the state generated a revenue of N150 billion from the sale of its local cultivated rice in 2017.
Peter Obi

Peter Obi’s antecedents suggest what he could do with the Economy

Peter Obi is not new to the Nigerian economic terrain.
Nigerian stocks

Three reasons you should not buy Cadbury shares

Buy/Sell/Hold is picked from the top gainers and losers of the previous week.

Understanding stock trading orders

Stock investing is so different from going to the market to buy groceries or electronics.

How FAAC allocation is hindering agriculture

A N50 billion Export Promotion Fund has been launched for Nigerian exporters, in the bid to promote exports of made-in-Nigerian goods,
Presco Plc, Okomu Oil, Unilever, PZ Cussons

Why PZ Cussons and Unilever import palm oil despite presence of local producers

NAGB has explained why companies like PZ Cussons continue to import oil palm.

Nestle Nigeria could pay an interim dividend soon

Nestle Nigeria Plc's Board of Directors will meet on October 29th, 2018 to deliberate on several company issue.