CATEGORY: NIGERIAN STOCKS

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...


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...


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...



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...


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...


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...


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...


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...


Nigerian Stocks: Summary Of Trading (18/07/2017)

Nigerian Stocks: Summary Of Trading (18/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 18th July 2017. Nigerian stocks closed trading on a positive note as the...


NSE launches new system to counter market fraud    

NSE launches new system to counter market fraud    

Participants in illegal trading on the Nigerian Stock Exchange (NSE) will be forced to turn a new leaf, as the exchange has installed technology...


Nigerian Stocks: Summary Of Trading (17/07/2017)

Nigerian Stocks: Summary Of Trading (17/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 17th July 2017. Nigerian stocks closed trading on a positive note as the...


These 5 banks are likely to declare interim dividends this month

These 5 banks are likely to declare interim dividends this month

We are well into the earnings season which is the period when listed companies publish interim and audited accounts for the period ended June...


MRS Oil Plc Chairman Sayyu Dantata resigns

MRS Oil Plc Chairman Sayyu Dantata resigns

In a notice sent to the Nigerian Stock Exchange (NSE), the management of MRS Oil Plc informed the investing public of the resignation of...


Nigerian Stocks: Summary Of Trading (14/07/2017)

Nigerian Stocks: Summary Of Trading (14/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 14th July 2017. Nigerian stocks closed trading on a positive note as the...


ICYMI: Nigerian Stock Exchange was the world’s most profitable in June

ICYMI: Nigerian Stock Exchange was the world’s most profitable in June

In what both the Central Bank of Nigeria (CBN) and the Federal Government may point to as a sign of its foreign exchange policies...


Nigerian Stocks: Summary Of Trading (13/07/2017)

Nigerian Stocks: Summary Of Trading (13/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 11th July 2017. Nigerian stocks closed trading on a positive note as the...


Zenith Bank sells stake in Life Insurance firm to Prudential UK

Zenith Bank sells stake in Life Insurance firm to Prudential UK

In a press release to investors and the general public, UK based Prudential Plc has announced the acquisition of a significant stake in Zenith...


Dangote Cement to spend $4 billion expanding plant capacity across Africa  

Dangote Cement to spend $4 billion expanding plant capacity across Africa  

Africa’s largest cement producer, Dangote  Cement looks set to consolidate its position as one of the top 3 cement producers on the continent, as...


Nigerian Stocks: Summary Of Trading (11/07/2017)

Nigerian Stocks: Summary Of Trading (11/07/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 11th July 2017. Nigerian stocks closed trading on a positive note as the...


Nigerian Stocks 6/7/2017

Nigerian Stocks 6/7/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 6th July 2017. Nigerian stocks closed trading on a positive note as the...


Nigerian Stocks 5/7/2017

Nigerian Stocks 5/7/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 5th July 2017. Nigerian stocks closed trading on a negative note as the...


Nigerian Stocks 4/7/2017

Nigerian Stocks 4/7/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 4th July 2017. Nigerian stocks closed trading on a negative note as the...


Nigerian Stocks 3/7/2017

Nigerian Stocks 3/7/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 3rd July 2017. Nigerian stocks closed trading on a negative note as the...


Nigerian Stocks 30/6/2017

Nigerian Stocks 30/6/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 30th June 2017. Nigerian stocks closed trading on a negative note as the...


Nigerian Stocks 29/6/2017

Nigerian Stocks 29/6/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 29th June 2017. Nigerian stocks closed trading on a positive note as the...


Looks like these factors may have brought the bulls back

Looks like these factors may have brought the bulls back

The Nigerian Stock Exchange closed on Wednesday, the first trading day after the holiday with a 1.67% pop. The snaps off a three-day losing...