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CAP Plc will use its entire profit after tax to pay dividends

CAP Plc will use its entire profit after tax to pay dividends

Chemical and Allied Products (CAP) Plc, a subsidiary of UAC of Nigeria Plc, has declared a dividend of 290 kobo per share for the financial year 2018.
Nigeria's equities market

Trading on Nigerian equities has dropped by 44%

Nigeria's equity market in the last 5-month, has experienced significant drop in its trading. This is according to data from the NSE.

Market/Economic Insight: The Weekly Brief (June 17th-21st 2019)

The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) trending downward by 0.65%.
Access Bank Plc, Eurobonds

Investors rally Nigerian Eurobonds as Access Bank calls back its 2021 maturity

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds.
Stock to watch this week

Oando leads this week’s watchlist as lawsuit against SEC resumes

@oando_plc leads the stocks to watch this week as a court case filed against the @secnigeria resumes hearing.
Corporate Actions

CORPORATE ACTIONS: Baba Ijebu Moves and Billions in a pocket

While Femi Otedola's exit from @forteoilng was major news last week, @oando_plc vs @secnigeria court case resumes next week
Airtel Africa listing on Nigerian Stock Exchange, Airtel Africa share price, Airtel Nigeria, Bharti Airtel, Airtel Africa, India, Stock Exchange, Qatar Investment Authority, Investment

Airtel Africa has announced its listing price on the NSE

Days to its listing on the Nigerian Stock Exchange (@nsenigeria), Airtel Africa has disclosed its share price for Nigerian investors. The network operators' share price will triple that of MTN Nigeria who listed in May 2019.
AFEX Commodities Exchange Limited

With “trading stories”, AFEX introduces the market to its education platform

Private-sector Commodities exchange firm, AFEX Commodities Exchange Limited, invited some journalists for a training session to introduce the market to its EdEx initiative.
Investors lose N713 billion in Nigerian Stock Exchange, Bargain hunting in stock market

An unlikely stock topped the gainers’ list this week.

The Nigerian Stock Exchange ended Friday’s trading session in positive territory. The All Share Index closed at 29,851.29 basis points, down 0.29%.
Gainers and Losers, Nigerian Stock exchange

Chams Plc leads the losers in this week’s trading

@chams_plc led the losers on the @nsecontact this week, declining by 13.89%
Money market fund investments

Money market funds record highest investment of N563.9 billion

Money market fund has recorded the highest investment of N563.9 billion as the value of mutual fund investments hit N746.5 billion at the end of May 2019.
Eurobonds

Nigerian Eurobonds Maintain Strong Rally as Global Central Banks Turn Dovish

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.
Buy/Sell/Hold, Guaranty Trust Bank, Nigeria Stock Excahnge

Presco Plc has a HOLD recommendation for next week

International Breweries Plc, Presco Plc, and Dangote Sugar Refinery all have a HOLD recommendation for next week.
Ellah Lakes appoints new Managing Director, Ellah Lakes appoints Chuka Mordi, Ellah Lakes acquires Telluria Limited, Nigerian Stock Exchange NSE

Lafarge Africa Plc trades large volumes to emerge best performing stock

The Nigerian Stock Exchange ended Thursday’s trading session in negative territory. The All Share Index closed at 29,765.31 basis points, down 0.02%.
Stanbic IBTC Dividend 2018

Shareholders endorse Stanbic IBTC’s N15.36 billion dividend payout for 2018

Shareholders of Stanbic IBTC Holdings Plc yesterday approved a dividend payment of N15.36 billion, proposed by the board, for the 2018 financial year.
Nigeria's equities market

PMA Rates Trend lower as Market Players Oversubscribe the 1-yr bill by over 1,100%

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.
Shareholders endorse Eterna Plc's dividend payment despite decline in profit

Shareholders endorse Eterna Plc’s dividend payment despite decline in profit

Shareholders of Eterna Oil and Gas Company Limited have approved a total dividend payout of N326 million for the financial year ended 2018, translating to 25 kobo per every 50 kobo ordinary share held.
Forte Oil

Forte Oil Plc trades large volumes as NSE closes bearish

The Nigerian Stock Exchange ended Wednesday's trading session in negative territory. The All Share Index closed at 29,772.72 basis points, down 0.15%.
Nigerian Eurobonds Surge on Trump-Xi’s Planned Meeting at G-20 Summit

Nigerian Eurobonds Surge on Trump-Xi’s Planned Meeting at G-20 Summit

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.
FG issues Series II green bonds

The Federal Government is set to auction fresh N100 billion bonds

The Federal Government has offered for subscriptions another N100 billion bonds. According to a circular made available to the public, the Debt Management Office (DMO) disclosed that it has been authorised to receive applications for the bonds subscription.
Trading on Nigeria's equity market

Again, Champion Breweries top gainers chart

This is a summary of how bullish sentiment on the @nsenigeria, caused the ASI to close negative on the second day of trading this week.
Nigeria's equities market

Market Update: T-Bills market sustain bull run as CBN holds off on OMO

Welcome to Nairametrics‘ summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bonds. This is brought to you by Zedcrest.
Ellah Lakes appoints new Managing Director, Ellah Lakes appoints Chuka Mordi, Ellah Lakes acquires Telluria Limited, Nigerian Stock Exchange NSE

NSE opens the week negatively as Royal Exchange leads worst performers

The Nigerian Stock Exchange ended Monday's trading session in negative territory. The All Share Index closed at 29,938.33 basis points, down 0.37%. Year to date,...
Nigerian Equity Market

Market/Economic Insight (June 10 to June 14, 2019)

The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) trending downward by 1.27% WTD to close at an index level of 30,046.70 and Market capitalization of N13.23 trillion. This represents 4 weeks low.
Money market fund investments

INSIGHT: Why you really should consider investing in mutual fund today

A Mutual Fund is a Trust or Company that pools money from many investors and invests in a specified class of securities such as stocks, bonds, real estate or a balanced mix of asset classes.
Debt Management Office

DMO’s first Eurobonds listed in tranches on FMDQ and NSE

The Debt Management Office (DMO) has listed its first Eurobonds on the FMDQ Securities Exchange and the Nigerian Stock Exchange (NSE).
pension plans

Here’s a look at how Nigeria’s Pension Fund performed in Q1 2019

The latest pension statistics have shown that the Nigerian Pension Fund asset crossed the 9 trillion mark in the first quarter of 2019, a feat that analysts have largely attributed to the growing awareness campaigns which have influenced the willingness of Nigerians to take their retirement plan seriously.
Stock to watch this week

Ellah Lakes takes the first spot in this week’s watchlist

Ellah Lakes Plc takes the first spot in this week's stocks to watch on the @nsenigeria
Corporate Actions

CORPORATE ACTIONS: More Drama and a New MD

Here is a rundown of corporate actions expected on the @nsecontact this week
Gainers and Losers, Nigerian Stock exchange

Forte Oil leads this week’s gainers on the Nigerian Stock Exchange

@forteoilng was the best performing stock on the @nsecontact for the trading week ended June 15, 2019

Popular

Central Bank of Nigeria

CBN is set to recapitalise Nigerian banks again

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced that the apex bank is set to recapitalise Nigerian commercial banks.
Julian Osula, Julian's Luxury

Meet Julian Osula, the billionaire who disrupted traffic with a helicopter

Finally, the identity of the billionaire that disrupted traffic along Lagos-Benin Expressway has been revealed.
NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank in its 2018 financial statements disclosed a staff defrauded the bank of N230 million.