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Investing in Nigerian equities, treasury bills, bonds, fixed deposits, cryptocurrencies etc.

Stock Pick: Buy, Sell or Hold? Julius Berger Plc

Julius Berger Plc was added to my portfolio September and November 2013 based on a valuation metric I used at the time. Since then the...

Stock Pick: CAP Plc To Buy Sell or Hold?

Back in July 2013, I wrote a piece about CAP Plc and placed a 'Sell" rating on the stock. Then the price was about...

Simple And Quick Way To Calculate Bonus Shares In Nigeria

A bonus issue is usually reported as X nos of Shares for every Y nos of shares held. However, it can be confusing sometimes...
Fidson Healthcare Plc

ANALYSIS: How Finance cost dragged Fidson Healthcare Plc’s earnings

Fidson Healthcare Plc. (FIDSON) continued where the previous year’s revenue chase left off, bringing FY2018 to a close of NGN16.23bn which translates to a growth of 15.45% (vs. NGN14.06 in FY2017).

Nigeria Will Learn From China’s Job Creation Scheme

Nigeria will understudy the job creation scheme of the People’s Republic of China to solve unemployment. Minister of Science and Technology Ogbonnaya Onu made this...
Here's How To Determine Your Net Worth

Here’s How To Determine Your Net Worth

A typical discussion amongst guys during a regular hangout, most especially after a few drinks is on the financial status of successful Nigerians. After...
Credit Rating

What is Credit Rating?

A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their...
Buy/Sell/Hold, Guaranty Trust Bank

International Breweries is a SELL

Stocks on our Buy Sell Hold are drawn from various analysts’ reports, as well as the top gainers and losers from the previous week.   Zenith Bank: HOLD   Recent Results: Gross earnings...
Mutual Fund fees

Stanbic IBTC Guaranteed made 14.41% in 2018

There is no doubt that 2018 was quite a challenging year for investors all over the world. The global market remained very volatile for...

3 Examples That Shows China Is Serious About Africa

Nigeria has now become China's largest overseas engineering contract market, third largest trading partner and main destination for foreign investment in Africa.

Nigerian Stocks: Summary of Trading Today (25/5/2016)

Nigerian stocks closed trading in a positive note as the all share index rose +3.78%. Market capitalization at the close of trading was N9,706,088,326,414.30.   Highlights...

Why I may not buy Union Banks Right Issue

Union Bank Plc, one of Nigeria's oldest banks has for over a month now offered for sale shares in its company to it's own...

Ghana’s Economic Indices Are Scary

The grass is always greener on the other side
Investing in stocks Photo by Mark Finn on Unsplash

5 stocks that could make you combined 20% return

Analysts at Meristem Research has identified 5 stocks that could potentially earn investors a return of about 20%.

How Nigerian Stocks performed on Wednesday April 22, 2015 (Full price list)

The Nigerian equities market recorded the first gain in the week, as NSEASI advanced marginally by 0.05% to peg YtD return at -0.38%. Market...

Alert: Funding rate spike to 1 year high

Funding Rates Spike to 1-yr High as CBN Further Tightens Liquidity with FX Sale World Bank unveils fresh N2.7 trillion investment strategy in Nigeria for...

[Nigerian Stocks] Okomu Oil Gains 5% As NSE ASI Index Dips By 0.57%

The Nigerian All Share Index Dipped by 0.57% on Tuesday’s trading to close at 30,058.40. Okomu Oil and Eterna Oil jointly led the gainers chart, as they...
Treasury bills

How to bid for this week’s Treasury Bills sale

The Central Bank of Nigeria (CBN) is scheduled to hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on 18th October, 2018.

Concrete Results – Dangote Cement 9 Months 2012 Accounts Review

Dangote Cement is the most capitalized stock in Nigeria and with a market cap of  over N2 trillion, 25% of the total capitalization of...

These two stocks will be marked down for dividend this week

United Capital (former UBA Capital) - The company proposed a dividend per share of 20kobo last week following the release of its results. They...
Revenue Reserves and Dividends

Why Dividend Reinvestment Plan “DRIP” is a great solution for unclaimed dividends

Implementation of the Dividend Reinvestment Plan in Nigeria will add vibrancy to the stock market.
Investors closing the bell on the floor of the Nigerian Stock Exchange

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...
Daily Stock market report, Nigerian Stock market

Daily Market Summary: Joy for oil and gas stocks

Market breadth closes at 0.54x The year to date return on the bourse settled below five per cent as the NSEASI...

These stocks will pay dividends this week (June 22-26, 2015)

Quoted companies post dividend to their shareholders on a pre announced date following the approval of their shareholders. To get these dividends on time...

Best stocks per sector as at first half of 2018

The Nigerian Stock Exchange ended the first half of the year on a positive note. Year to date, the index closed up 0.09%

[Corporate Action] 7UP Records 50% Drop In Pre-tax Profits

Seven Up Bottling Co Plc, released its financial results for the nine months ended Dec 31, 2015. The result showed that revenues rose marginally by...
Nigerian Stocks:  The Winners & Losers For The Week Ended Feb 26, 2016

Nigerian Stocks: Daily gainers and losers (10/10/2017)

  Daily performance from the Nigerian Stock Exchange for the trading day ended 10th October 2017. Nigerian stocks closed trading on a negative note as the...

NDIC Calls Bitcoins, Block Chain “Ponzi Schemes”

Nairametrics| The Nigeria Deposit Insurance Corporation, NDIC, has cautioned Nigerians against investing their hard earned funds in certain cooperative contributory schemes that had gone...
Fidelity Bank Plc to become Tier-1 bank, Fidelity Bank five year plan, Fidelity mobile money transfer

Quick Take: Record PBT of N25bn caps Fidelity’s FY 2018 performance

Fidelity Bankís (Fidelity) FY 2018 results showed that Gross Earnings grew 4.8% y/y to N188.8bn, well above our FY 2018 estimate of N182.1bn.

Nigerian Stocks Today: Union Bank Tops Gainers List With a 10% Pop

Union Bank topped the gainers list today as the stock gained 10% at the close of trading today. 1 million units of the stock...


Murtala Muhammed International Airport

FG concludes plan to demolish Lagos Airport, reconstruct with N14bn

The Federal Government of Nigeria (FG) has revealed that plans have been perfected to demolish the Murtala Muhammed International Airport, Lagos, in order to reconstruct it.

Billionaires club: The current owners of MTN who need to sell for you to...

If you are one of those very active social media enthusiasts on WhatsApp, Twitter or Facebook, then you must have come across the image...
CBN begins process for proposed Payments System Vision 2030

CBN begins process for the proposed Payments System Vision 2030

The Central Bank of Nigeria (CBN) has begun the process of developing the Payment System Vision 2030 strategy, which will define the strategic agenda for the Nigerian Payments System for the next ten years.