CATEGORY: INVESTING

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...


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...


ALERT: Wema Bank reports N1.2 billion profit  (2017 6 Months)

ALERT: Wema Bank reports N1.2 billion profit (2017 6 Months)

Wema Bank Plc released its Unaudited IFRS Results for the six months ended 30 June 2017 ; See below   Interest income N’m 2017...


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...


The impending fork that’s crashing bitcoin prices explained

The impending fork that’s crashing bitcoin prices explained

The Fork in simple ‘English’ is a technical term used to describe an option to choose between an update to the application code that...


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...


ALERT: Unilever Nigeria reports N2 billion profit  (2017 HY)

ALERT: Unilever Nigeria reports N2 billion profit (2017 HY)

Unilever Nigeria Plc released its 2017 result for the Unaudited Interim Financial Statements for the six months ended 30 June 2017 ; See below...


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...


This is why August 1 is a key date in the crypto world

This is why August 1 is a key date in the crypto world

For cryptocurrency investors and traders, August 1 is a date they have kept  marked in their diaries. August 1 is the date that has...


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...


NIPCO has extended its MTO deadline by one month

NIPCO has extended its MTO deadline by one month

The Nigerian Stock Exchange on Wednesday issued a corporate action confirming that New owners of Mobil Nigeria Plc, Nipco Ltd, has extended the deadline...


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...


FYI: These are so far the 3 best (and worst) stocks in Nigeria in 2017

FYI: These are so far the 3 best (and worst) stocks in Nigeria in 2017

Take a bow or take your...


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...


This is why Nigerian companies are rushing to right issue

This is why Nigerian companies are rushing to right issue

A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. Rights  issues give existing shareholders the option...


This Bloomberg Economist has explained why foreign investors are not yet sold on the NAFEX window

This Bloomberg Economist has explained why foreign investors are not yet sold on the NAFEX window

Last week, Bloomberg and the Nigerian Stock Exchange organised the third edition of the annual Nigerian Stock Exchange (NSE) & Bloomberg CEO Roundtable themed “Innovating...


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...