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AMCON Declares N823billion Loss (2011: N2.3trillion)

The Nation reports; The Asset Management Corporation of Nigeria (AMCON) has declared a loss of N822.9 billion for the year ended December 2012 (2011: N2.3tr). AMCON’s...
NSE

Custodian Investments opens 2019 strongly

Last week was a bearish one on the Nigerian Stock Exchange, as the All Share Index closed at 30,638.90 basis points, down 1.28%

[Nigerian Stocks] First Working Day Ends In “RED”

The Nigerian Stock Exchange(NSE), closed the first working day of the new year on a negative, as the All Share Index dipped by 0.99%...
sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms

Top 10 stockbroking firms in capital market

Despite the slow momentum witnessed in the Nigerian Stock Exchange (@nsenigeria) in the second half of 2019, the top 10 stockbroking firms in terms of volume and value still have cause to smile.

How New Exchange Rate Policy Will Unshackle The Consumer Goods Industry

The new foreign exchange regime adopted by the Central Bank of Nigeria (CBN) will unshackle consumer goods firms that have hitherto been in bondage...
Nigerian capital market

FBN Holdings Plc releases interim financial statements for Q2 2019

FBN Holdings Plc, yesterday, released its half-year 2019 interim financial results which showed a slight 5.5% drop in profit for the period under review. See vital details below.

[ANALYSIS] Foreign Markets Are Paying off For Dangote Cement

Dangote Cement Plc. (9 months ended September 2015) Rising non-Nigerian footprints: Top-line booster, bottom-line dampener Dangote Cement Plc (Dangcem) released unaudited results for 9 months...
Treasury Bills, CBN

Fixed Income Monitor: T-Bills market closed positive due to buoyant liquidity

The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 17.29% and 16.43% from 10.57% and 9.86% respectively. Consequently, the average money market rate rose by 6.65% to settle at 16.86%.

Stocks Round UP: Courteville Post Best Return For The Week So Far

Eterna Oil Plc closed 8.31% higher to N4.17 to top the gainers chart. Courteville gained 7.55% to close and 57kobo and posting the best...
Nigerian stocks, Buy Sell Hold, results

Buy/Sell/Hold: Analysts differ on Diamond Bank

Stocks on our Buy/Sell/Hold list are picked from the gainers and losers of the previous week.
MTN

NSE ends Friday on a negative note as MTN loses for the first time

The Nigerian Stock Exchange ended Friday's trading session in negative territory. The All Share Index closed at 30, 881.29 basis points, down 1.89%.

[ANALYSIS] Nigerian stocks struggle to rally as macro story deteriorates

Nigerian stocks are struggling to rally in the face of a deteriorating macro environment leaving investors with the prospects of two consecutive years of...
Thomas Wyatt Nigeria Plc

Thomas Wyatt Plc is at the edge of a cliff

Thomas Wyatt produces school exercise books, hardcover notebooks and other paper materials.

Beware: List of Companies That Failed To File Their Audited Accounts

The Nigerian Stock Exchange released its X Compliance report of 20/9/2013 listing companies that filed their financial reports on time and those that failed...

Zenith Bank Post N95b For 2013, Recommend N1.75 Dividend

  Zenith Bank released its 2013 Audited accounts with profit after tax down 5% to N95b (2012: N100b). Net Interest Income grew 21% to N189b...
FCMB, NSE, Nigerian stocks, Nigerian stock exchange

FCMB tops gainers’ chart as the Nigerian bourse closes bearish

@MyFCMB led gainers as the @nsenigeria ended Thursday’s trading session in negative territory. With the ASI down by 0.03%.
Treasury Bills

Yields rise as liquidity thinned in pre-MPC trading

The bond market remained scantily traded, with yields on the benchmark bonds trending higher by c.6bps as demand interests remained relatively weak.
Caverton Helicopters

Caverton releases Q3 2018 financial results

Caverton Offshore Support Group release 9-month financial results for the period ended 30th September 2018.

Nigerian Stocks: Daily gainers and losers (14/11/2017)

Daily performance from the Nigerian Stock Exchange for the trading day ended 14th November 2017. Nigerian stocks closed trading on a negative note as the...
Ikeja Hotel Plc

Stocks to watch this week 28th May 2018

The Nigerian Stock Exchange (NSE) has been bearish in the last three weeks and this week may not be an exception. Trading will take...
Treasury Bills, CBN

How to bid for the second Treasury Bills auction in May 2019

@centbank is scheduled to hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on 16th May 2019 and this is how you can participate.

Official: Fom 1/5/14, Buying Treasury Bills & Bonds Will Cost You A Fee...

Starting from May 1 2014 all buyers of the CBN Treasury Bills so via a CBN approved custodian. This follows a circular issued by...
FGN Savings Bond

This is what you get if you buy the latest FGN Reopening Bond

The DMO will start auction of the new Federal Government Bond Reoffer for the month of September.
All Share Index

FG lists second N100 billion Sukuk bonds on NSE

@DMONigeria has listed N100 billion Sukuk bonds on the @nsenigeria. The Sukuk is a type of bond that doesn't apply interest rate but an investor earns profit from investment or rental from the asset.
stock exchange - buying and selling

Nigerian Stocks: Summary of Trading Today (14/06/2016)

All share index dropped -0.26%
Goldlink Insurance Plc, Free float deficient companies

These are companies to watch out for on the NSE in H1 2019

The first half of the year on the Nigerian Stock Exchange is usually dominated by the release of full-year results by companies.

These Theories Could Explain Why Skye Bank Shares Keep Gaining

Retail Investors who reached out to Nairametrics on Monday were surprised to see Skye Bank's stock gain a whopping 10% and top the gainers...
Nigerian Stock Exchange

The NSE closes in the negative for second time this week

The Nigerian Stock Exchange ended Tuesday's trading session in negative territory. The All Share Index closed at 30,099.83 basis points, down 0.73%.
NSE, Stock

GT Bank trades large volumes as NSE ends Friday in the red

The Nigerian Stock Exchange ended today’s trading session on a negative note. The All Share Index closed at 30,773.64 points, down 0.09%. Year to...

Tantalizers Reports N2.35 Billion Losses In 4 Years

Tantalizers Plc released its 2015 FY results reporting a loss after tax of N707 million (2014 : (N784 million). According to its financial statements revenues...
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FBI Obinwanne Okeke

FBI arrests Invictus Group’s Obinwanne Okeke, Forbes Africa 30 Under 30 list nominee

The Chief Executive Officer of Invictus Group, Obinwanne Okeke, who in 2016 made it into Forbes Africa’s 30 Under 30 List, has been arrested by the Federal Bureau of Investigation (FBI) for conspiracy to commit computer fraud. 
FBI's arrest of Invictus' Obinwanne Okeke stirs controversy

FRAUD: FBI’s arrest of Invictus Group’s Okeke stirs controversy

The FBI's arrest of Forbes-celebrated Invictus Group CEO, Obinwanne Okeke, has stirred controversy in the media space.
filling-station-DPR

DPR goes hard on oil marketers

Eight illegal filing stations operating in Uyo, Akwa Ibom capital have been completely sealed off by the Department of Petroleum Resources (DPR) for failing to renew their licenses.