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Nigerian Stocks

stock picks, tips, analysis and recommendation for equities listed in the Nigerian Stock Exchange

MTN Nigeria Listing

MTN’s NSE-listing, what you need know, and analysts’ forecasts

The most anticipated and biggest listing on the Nigerian Stock Exchange is happening right now in Lagos, Nigeria. We are talking about none other than the MTN Nigeria listing.
2018 financial results

CORPORATE ACTIONS: Rocky Results and Markdowns

@lawunionrock was the only firm that released its results on the @nsecontact last week
NSE Rules

Things to consider when investing in shares (Part 2)

Last week, we discussed the intrinsic value of a share compared to its market price. Today, we continue the analysis.
2018 financial results

CORPORATE ACTIONS: N1.15 and Cost pressures

Here is a rundown of corporate actions expected on the @nsecontact this week
NSE All Share Index

These were the top 10 most profitable firms on the NSE in 2018

The top 10 most profitable companies on the @nsecontact made N1.26 trillion as profit after tax in 2018
Dividends

Things to consider when investing in shares (Part 1)

Every time you invest in a company by buying its shares, you become a part owner of the said company. Now, investing in shares has so many moving parts. Here, we will break them down.
2018 financial results

CORPORATE ACTIONS: BILLIONS ON THE TABLE AND A U TURN

FBN Holdings and Capital Hotels Plc will be holding their Annual General Meetings next week, among other corporate actions on the @nsecontact next week.
E-Tranzact first quarter 2019 result, CWG Plc first quarter 2019 result, Nigerian stocks exchange, NSE indexes

Olam offer leads to spike in Dangote Flour’s share price

@guinnessngr was the worst performing stock this week on the Nigerian Stock Exchange, declining by 19% to close at N48.60.
Stock to watch this week

Watch two of these FUGAZ banks this week

@firstbankngr and @ubagroup top Nairametrics stocks to watch on the @nsecontact for this week.
E-Tranzact first quarter 2019 result, CWG Plc first quarter 2019 result, Nigerian stocks exchange, NSE indexes

Chams Plc has charmed investors

@chams_plc was the best performing stock this week on the NSE appreciating by 28.57%. Year to date, the stock is up 80%.
Buy/Sell/Hold, Guaranty Trust Bank

Nestle Nigeria has a HOLD rating for next week

@nestlecwar has a HOLD recommendation from @nairametrics till the firm releases its Q1 2019 results.
E-Tranzact first quarter 2019 result, CWG Plc first quarter 2019 result, Nigerian stocks exchange, NSE indexes

PZ Cussons Nigeria drops to 10 year low this week

PZ Cussons Nigeria Plc was one of the worst performing stocks this week, dropping to a ten year low of N8.85.
Buy/Sell/Hold, Guaranty Trust Bank

UBA is a HOLD for next week’s trading

@ubagroup Oando and Beta Glass all have a HOLD recommendation for next week's trading on the Nigerian Stock Exchange.
Stock to watch this week

FBN Holdings maintains spot in weekly watchlist

FBN Holdings takes the top spot for stocks to watch this week, as the lender may release its full-year results on or before the 30th of April 2019.
2018 financial results

CORPORATE ACTIONS: An Exit and Less Sugar

Oando Plc's exit from Axxela Limited, and a decline in Dangote Sugar results were some of the key corporate actions on the NSE last week.
NSE Rules

Dividend declaration drives rally in Chams share price

Chams Plc rallied by 20%, as investors continue to take interest in the stock following a N0.03 dividend declared.
United Africa Company of Nigeria Plc

UACN’s share price hits 10 year low

UAC of Nigeria hit a 10 year low of N7.60 yesterday, as investors offload the stock due to poor FY 2018 results.
Wema Bank Plc

Is a key investor selling down a stake in Wema Bank Plc ?

An unusually large volume of Wema Bank shares has been trading on the Nigerian Stock Exchange (NSE) in the last few days.   On the 28th of March 2019,  1,703,484,903  billion shares valued at N1,275,138,394...
Nigerian-stocks

C & I leasing gains 349% as Nigerian stocks end first quarter of 2019...

Nigerian stocks closed the first quarter of the year posting a combined year to date negative return of 1.24%. Apart from the Premium and...
Stock to watch this week

4 banking stocks to keep an eye on this week

Guaranty Trust Bank takes the first spot in Nairametrics watchlist for the week following a court judgement obtained by Innoson Vehicles which led to a take over of some of its branches.
Stock to watch this week

11 Plc leads stocks to watch this week

11 Plc takes the top spot on Nairametrics this week by virtue of expected market reaction following the release of its audited 2018 results last Friday.
2018 financial results

CORPORATE ACTIONS: New bosses and 2 become 1

Here is a rundown of corporate actions that took place on the Nigerian Stock Exchange (NSE) last week and those expected to take place in the coming trading week.
E-Tranzact first quarter 2019 result, CWG Plc first quarter 2019 result, Nigerian stocks exchange, NSE indexes

Cadbury Nigeria Plc on the losers chart despite blow out results

Mc Nichols Plc was the best performing stock on the Nigerian Stock Exchange this week. The stock appreciated by 22.81%, opening at N0.57 and closing at N0.70.
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...
Meyer paints

Can Meyer Plc run with the competition ?

Meyer Plc, yesterday announced the appointment of a new Managing Director, Mr Devashish Lash, effective February 1st, 2019. The company also announced the resignation of its Chief Financial Officer (CFO), Kehinde...
Stock to watch this week

Tier one banks top this week’s watchlist

Stocks to watch comprises the top gainers and losers from the previous week, as well as companies having corporate actions. Stocks to watch is not...
2018 financial results

Corporate Actions: 65 kobo and results in the pipeline

Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impact on the firms themselves or shareholders.   Examples of...
E-Tranzact first quarter 2019 result, CWG Plc first quarter 2019 result, Nigerian stocks exchange, NSE indexes

Africa Prudential tops losers list following mark down

This week was a negative one, as the Nigerian Stock Exchange, All Share Index closed down 2.45%. The index opened at 31,924.51 basis points and closed at...
African Prudential could be worth more than N4.55

African Prudential could be worth more than N4.55

Africa Prudential Plc currently has a market capitalization of N4.8 billion.
Stock to watch this week

Banking Stocks to watch this week

Stocks to watch this week comprises the top gainers and losers for the previous week, as well as companies that would be having corporate...

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Canada invited 3,357 Express Entry candidates with scores as low as 300

Canada invited 3,357 Express Entry Candidates with scores as low as 300

Canadian province, Alberta, has issued a total of 3,357 invitations to apply for a provincial nomination for Canadian Permanent Residency (PR) to Express Entry candidates with Comprehensive Ranking System scores as low as 300.
Nigerian Aviation Unions

FG explains why it plans to demolish and rebuild the MMIA in Lagos

FG has explained the underlining reasons for the planned demolition and rebuilding of the 40-year-old Murtala Muhammed International Airport in Lagos.
Gas cylinders, Ibe Kachikwu

Federal Government to stop ownership of gas cylinders by consumers

By this new policy by @AsoRock, LPG consumers are not longer allowed to own gas cylinder.