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Greenwich NSE, Dangote lauds Buhari over Economic Advisory Council Africa’s richest man and President of Dangote Industries Limited, Alhaji Aliko Dangote, has lauded the President Muhammadu Buhari over the formation of the Economic Advisory Council (EAC). Dangote commended the president for constituting a council that will advise him on the nation’s economic growth and overall development. He said the move was a proactive one capable of elevating Nigeria’s economy to greater heights. Speaking during the inauguration of the new secretariat of the Chemical and Non-Metallic Products Employers Federation, the billionaire urged the Federal Government to take advantage of the rare opportunity to strengthen the economy and put the country on the path of growth, job creation and competitiveness. https://punchng.com/dangote-hails-buharis-economic-advisory-council/ Dangote also hailed the members of the council calling them tested and respected patriots. According to him, they were independent and ever willing to put the country’s interest first and ahead of themselves. Recall that Nairametrics reported that President Muhammadu Buhari constituted an Economic Advisory Council (EAC) that was disclosed in a press release signed by the Special Adviser to the President on Media and publicity, Femi Adesina. https://nairametrics.com/2019/09/16/breaking-buhari-constitutes-new-economic-advisory-council-as-soludo-rewane-make-list/ Those who made the list are Prof Doyin Salami as the chairman, Dr Mohammed Sagagi as Vice-Chairman of the Council and Dr Mohammed Adaya Salisu as the Secretary. Other members are Prof Ode Ojowu, Dr Shehu Yahaya, Dr Iyabo Masha, Prof Chukwuma Soludo, and Mr Bismark Rewane. What you should know: The advisory council will replace the current Economic Management Team (EMT) and will be reporting directly to the President. The Economic Advisory Council will be tasked to advise the President on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues working with the relevant cabinet members and heads of monetary and fiscal agencies. Similarly, the team will have monthly technical sessions as well as scheduled quarterly meetings with the President. However, the Chairman may request unscheduled meetings if the need arises.

Stock Market: 52.5% of firms failed to pay dividend in 2019 

Eighty-seven, out of the 170 quoted companies on the Nigerian Stock Exchange failed to pay dividends to their shareholders in 2019.
Revenue Reserves and Dividends, Using Earnings to Select Stocks, Dividends

Understanding Optional Dividends

An optional dividend is a dividend where shareholders have the ability to choose between two or more forms of payment.
Trans-Nationwide Express Plc

With $1 million, a delivery startup could acquire Trans-Nationwide Express Plc 

It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.
Stock to watch this week, Airtel Africa

Infinity Trust leads this week’s NSE watchlist

Infinity Trust Mortgage Bank Plc leads this week's stocks to watch on the @nsecontact
GTB, LDR, DMBs

FUGAZ banks maintain lead in the banking industry

@gtbank and @zenithbank continue to run neck to neck among the FUGAZ Banks in H1 2019.
Stock to watch this week, Airtel Africa

Keep your eyes on the ‘U’ stocks this week

@myaccessbank tops this week's watchlist on the @nsecontact as the bank will hold an investor call today following the release of its H1 2019 results.
Buy/Sell/Hold, Guaranty Trust Bank, Nigeria Stock Excahnge

Seplat has a ‘HOLD’ recommendation for next week

@stanbicibtc has a hold recommendation for next week's trading session on the @nsecontact
Relationship talks - Money questions you must ask

Relationship talks: Money questions you must ask

Money questions you must ask in relationship talks

Two factors that could trigger a stock market rebound by year end

@Nairametrics' @Ugodre recently had an interview with the Head of Frontier Research at EFG Hermes, Kato Mukuro about the state of the @nsenigeria
Market interest, Nigeria Weekly Update: A better NPL picture

Nigeria Weekly Update: Market interest rates back up

The Central Bank of Nigeria (CBN) has been promoting pro-growth strategies recently, while letting market interest rates fall to a shade over the inflation rate.
Stock to watch this week, Airtel Africa

Guinness Nigeria tops this week’s watchlist

@guinnessngr tops this week's watchlist as the company could release its FY 2019 numbers before the week runs out.
Buy Sell Hold Stocks

Two stocks we should be selling

Redstar Express Plc and Unilever Nigeria Plc have a SELL recommendation from Nairametrics for next week's trading session.
Prices of Tomatoes yam, Prices of major food items continue to rise in major markets as border closure remains 

Household Survey: Prices of Tomatoes, yam and others drop as palm oil inches up...

The latest household survey shows that the prices of several items dropped in the last two weeks. Major findings from the survey reveal that tomatoes recorded a significant decline in prices
How to read stock table

How to read stock market tables

It is important for any investor to understand how the stock market functions, specifically how to read the daily market tables and thus placing orders with a stockbroker
Stock to watch this week, Airtel Africa

GAZ banks take the lead once more

@gtbank @myacessbank and @zenithbank take the first spot on this week's @nsenigeria watchlist
NSE, Gainers and Losers, Nigerian Stock exchange

CCNN Plc leads this week’s gainers as losses mount on the NSE

@NSEcontact All-Share Index declined by 1.17% to close at 27,306.81 basis points this week. Year to date, the index is down 13.12%.
Buy/Sell/Hold, Guaranty Trust Bank, Nigeria Stock Excahnge

TOTAL NIGERIA IS A SELL

Total Nigeria is a SELL in Nairametrics opinion due to its poor H1 2019 results, which came in markedly lower than the comparative period of 2019.
Stock to watch this week, Airtel Africa

Three banking stocks to have on your watchlist this week

@gtbank @myaccessbank and @zenithbank twitter all take first place in this week's watchlist on the @nsenigeria
Treasury Bills, CBN

CBN offering N223billion Treasury Bills in market auction

@cenbank will be offering N223.2 billion T-bills in the first August 2019 #PMA.
Stock to watch this week, Airtel Africa

Seplat leads this week’s watchlist on the NSE

@seplatpetroleum leads stocks to watch on the @nsecontact for the trading week ending August 2, 2019.
Buy/Sell/Hold, Guaranty Trust Bank, Nigeria Stock Excahnge

Okomu Oil Palm is a SELL

Okomu Oil Palm is a SELL in Nairametrics opinion for the trading week ending August 2, 2019 on the @nsecontact
Revenue reserves

I love to look at Revenue Reserves and This is Why

Here is why @ugodre loves to look at the revenue reserves of a company. Find out
Stock to watch this week, Airtel Africa

MTN Nigeria makes a return to the watchlist

@mtnng and @oando_plc are one of several firms to watch out for on the @nsenigeria this week
Corporate Actions

CORPORATE ACTIONS: ‘Deap’ Changes and Sweet Tales

@mtnng and @zenithbank amongst other firms will hold board meetings this week to consider H1 2019 results
NSE, Gainers and Losers, Nigerian Stock exchange

NAHCO and CAP Plc end the week at year lows

McNichols Plc was the worst performing stock on the @nsecontact declining by 18.18% to close at a year low of N0.45.
financial security, Financing for Small Business, Financing for Small Business

If you’re in your 20s & 30s, here are some ideal investments

It struck me that I have peers who are struggling and confused about how and what to invest in while young, in order to ensure financial security at old age. So, I wrote this article...
Abbey Mortgage Bank to raise capital, Abbey Mortgage Bank to issue shares

DEAL: VFD Group may take key stake in Abbey Mortgage Bank

@vfdgroup may take a key stake in Abbey Mortgage Bank Plc, through a private placement. Shareholders of the bank gave approval at its AGM held this week.

CAP Plc’s share price is beginning to tank

CAP Plc's share price hit a 5 year low of N24.75 in yesterday's trading session on the @nsecontact
Wealth.ng

How Wealth.ng is breaking the barriers to investing in Nigeria

How @WealthNG a subsidiary of @SankoreInvests is breaking the barriers to investing in Nigeria
Total Nigeria Plc

The bears have gripped Total Nigeria

@totalnigeria hit a 5 year low in Monday's trading session on the @nsecontact closing at N130