CATEGORY: INVESTING

Transcorp bounce back to profit, post N4.2 billion profit after tax

Transcorp bounce back to profit, post N4.2 billion profit after tax

Transnational Corporation of Nigeria Plc (Transcorp), is back to profitability, after it declared a profit after tax (PAT) of N4.2 billion for the half-year...


ALERT: Union Bank reports N9.2 billion profit (2017 HY)

ALERT: Union Bank reports N9.2 billion profit (2017 HY)

Union Bank released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Gross Earnings N’m 2017 6 Months...


ALERT: Julius Berger reports N365 million loss (2017 6 Months)

ALERT: Julius Berger reports N365 million loss (2017 6 Months)

Julius Berger released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months...



ALERT: FBN Holdings reports 18% drop in profit (2017 HY)

ALERT: FBN Holdings reports 18% drop in profit (2017 HY)

FBN Holdings released its Unaudited consolidated financial results for the period ended 30 June 2017 ; See below   Interest Income N’m 2017 6 Months...


Nigerian Stocks: Summary Of Trading (27/07/2017)

Nigerian Stocks: Summary Of Trading (27/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 27th July 2017. Nigerian stocks closed trading on a positive note as the...


Report reveals retail investors are back and mopping up stocks like ‘never before’

Report reveals retail investors are back and mopping up stocks like ‘never before’

A report by the Nigeria Stock Exchange for the month of June, 2017 revealed that retail investors’ participation surpassed that of institutional investors for...


ALERT: Dangote Flour reports  N5 billion profit (2017 6 Months)

ALERT: Dangote Flour reports N5 billion profit (2017 6 Months)

Dangote Flour released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months...


ALERT: Seplat reports N8 billion loss (2017 6 Months)

ALERT: Seplat reports N8 billion loss (2017 6 Months)

Seplat released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months |...


Champion Breweries reports N86 million profit (2017 6 Months)

Champion Breweries reports N86 million profit (2017 6 Months)

Champion Breweries released its Unaudited consolidated financial results for the six months ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months...


What you should know about blue chip stocks

What you should know about blue chip stocks

The Nigerian Stock market has returned over 35% year to date and is the toast of both foreign and local investors. In a bullish...


ALERT: Cadbury Nigeria reports N766 million loss  (2017 6 Months)

ALERT: Cadbury Nigeria reports N766 million loss (2017 6 Months)

Cadbury Nigeria released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months...


Nigerian Stocks: Summary Of Trading (26/07/2017)

Nigerian Stocks: Summary Of Trading (26/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 26th July 2017. Nigerian stocks closed trading on a positive note as the...


Guinness Nigeria N40 billion rights issue: Facts behind the issue

Guinness Nigeria N40 billion rights issue: Facts behind the issue

Guinness Nigeria Plc yesterday presented a detailed breakdown of its plans to raise N39,700,688,598  by way of rights issue to its existing shareholders. The...


Are these 4 of the worst Ponzi schemes in Nigerian history?

Are these 4 of the worst Ponzi schemes in Nigerian history?

If there is a sure means of getting the attention of Nigerians, it is any money doubling scheme. Nigerians have shown time and again...


CBN Governor says Nigerian stock market may be in a bubble

CBN Governor says Nigerian stock market may be in a bubble

In comments that may scare the investing community, Central Bank Governor, Godwin Emefiele said as part of yesterday Monetary Policy Committee (MPC) meeting held...


Will these 5 states retain their top spots for ease of doing business?

Will these 5 states retain their top spots for ease of doing business?

With more and more emphasis on the need to stimulate economic growth by fostering new business during this turbulent period of the Nigerian economy,...


List of Dividends announced so far in 2017 (Updated July 24, 2017)

List of Dividends announced so far in 2017 (Updated July 24, 2017)

Nairametrics| As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective board of directors....


The top 5 stock exchanges in Africa

The top 5 stock exchanges in Africa

The African continent represents a major attraction for foreign investors looking to invest in the continents frontier markets. For most of these investors access to...


Nigerian Stocks: Summary Of Trading (21/07/2017)

Nigerian Stocks: Summary Of Trading (21/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 21st July 2017. Nigerian stocks closed trading on a positive note as the...


Nigerian Stocks: Summary Of Trading (20/07/2017)

Nigerian Stocks: Summary Of Trading (20/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 20th July 2017. Nigerian stocks closed trading on a positive note as the...


ALERT: Lafarge Africa reports N14.5 billion profit  (2017 6 Months)

ALERT: Lafarge Africa reports N14.5 billion profit (2017 6 Months)

Lafarge Africa released its Unaudited consolidated financial results for the quarter two ended 30 June 2017 ; See below   Revenue N’m 2017 6 Months...


Why Afriprudential Plc is a short term buy

Why Afriprudential Plc is a short term buy

Afriprudential Plc yesterday released its 2nd quarter 2017 results, and they are fantastic. Profit before tax increased from N605 million in 2016 to N950...


UBA share cancellation explained….. but questions remain

UBA share cancellation explained….. but questions remain

United Bank of Africa, (UBA), announced earlier in the week that it had obtained shareholder approval to cancel over 2 billion ordinary shares held...


ICOs may be causing a cryptocurrency bubble

ICOs may be causing a cryptocurrency bubble

As the price of bitcoin recovers lost ground, experts have warned that the cryptocurrency market could be heading for a bubble due to the...


Nigerian Stocks: Summary Of Trading (19/07/2017)

Nigerian Stocks: Summary Of Trading (19/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 19th July 2017. Nigerian stocks closed trading on a positive note as the...


List of results released on the Nigerian Stock Exchange (Updated July 19 2017)

List of results released on the Nigerian Stock Exchange (Updated July 19 2017)

Nairametrics| The table below contains a listing of all the results released in 2017 for companies quoted on the Nigerian stock exchange. It includes...


Guinea Insurance and Fortis Microfinance bank say late results not their fault

Guinea Insurance and Fortis Microfinance bank say late results not their fault

Two of the 17 companies that were recently suspended by the Nigerian Stock Exchange (NSE) for late submission of results have blamed their primary...


These 2 insurance companies are running on empty

These 2 insurance companies are running on empty

Management of Guinea Insurance Plc and African Alliance may presently be at their wit’s end as both companies are operating below minimum statutory requirements....


Windfall as UBA “buys back” 2 billion shares worth N20.1 billion

Windfall as UBA “buys back” 2 billion shares worth N20.1 billion

In a notice sent to the Nigerian Stock Exchange, UBA announced the cancellation of 2,080,194, 955 shares held by staff under the Staff Share...


Etisalat Nigeria explains the concept behind name change

Etisalat Nigeria explains the concept behind name change

Etisalat Nigeria is now 9mobile Lagos, Nigeria; July 18, 2016: Emerging Markets Telecommunication Services Limited (EMTS), which previously traded as ‘Etisalat Nigeria’ wishes to...