Nigerian Stocks

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

2018 financial results

CORPORATE ACTIONS: N1.15 and Cost pressures

Here is a rundown of corporate actions expected on the @nsecontact this week
E-Tranzact first quarter 2019 result, CWG Plc first quarter 2019 result, Nigerian stocks exchange, NSE indexes

The Japaul bullrun continues

Japaul Oil and Maritime was the best performing stock on the @nsecontact this week appreciating by 39.29%
MTN, Daily Market Summary , NSE daily summary, Nigerian Stock Exchange, NSE, Nigerian Stocks, Nigerian Stock Exchange

The Nigerian Stock Exchange is ‘smelling nice’ so far in May

The Nigerian Stock Exchange @nsenigeria ended the second trading day of May in green by 29.212.00 basis points.
Nigerian Stock Exchange

May’s first trading day ends positively

The Nigerian Stock Exchange ended Thursday's trading session, in positive territory. The All Share Index closed at 29.171.73 basis points, down 0.05%.
May & Baker Nigeria Plc

May & Baker reports N196.4m as Profit Before Tax in Q1 2019

May & Baker Nigeria Plc have just recently disclosed its financial statement for Q1 period ended March 31st. Below are the key highlights of the results:
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
Stanbic IBTC

Stanbic IBTC’s bottomline declines on lower non-interest income, write-backs

Stanbic IBTC's Q1 2019 results showed a mild growth of 2% y/y in Gross Earnings to N58.7bn (annualised; N234.7bn), coming in below our 2019 estimate of N239.3bn on an annualised basis.
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.
Nigerian Breweries Plc

Industry Headwinds dampen outlook on top brewer, Nigerian Breweries Plc

Nigerian Breweries Plc. (NB) reported a growth of 3.33% and 0.38% in gross and net revenues. Net revenue settled at NGN83.28bn in Q1:2019.

Japaul Oil and Maritime’s share price is gaining momentum

Japaul Oil and Maritime services Plc has gained over 40% in one week amidst trading heavy volumes.
Nigerian Stock Exchange - nairametrics

List of Dividends announced so far in 2019

As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It...
Stock to watch this week

Will Dangote Flour continue rallying this week ?

Dangote Flour Mills is number one on this week's stocks to watch, having gained 45.3% following news of a N130 billion buy offer from Olam International
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.
FBN Holdings, FBN Holdings Annual general Meeting, FBN General Insurance Limited CEO Bode Opadokun, FBN General Insurance Limited 2018 financial result

Quick take: Non interest income lifts FBN Holdings’ pre-tax profit marginally

FBN Holdings Plc's latest financial report for Q1 2019 showed that Interest Income grew 1% y/y to N112.0bn. 
Investors lose N713 billion in Nigerian Stock Exchange, Bargain hunting in stock market

Dangote Flour Mills Plc tops the NSE Chart yet again

The Nigerian Stock Exchange ended Friday's trading session in negative territory. The All Share Index closed at 29.740.41 basis points, down 0.60%.
NSE Rules

Daily Update: Market reacts to new 30-year issue, long term yields rise

Welcome to daily summary of the performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
Nigerian Stock Exchange, MTN Nigeria share price, MTN Nigeria shareholders, MTN Nigeria and Dangote Cement shares

Daily Equities Market Recap: MTN Nigeria changes to PLC, as index dips

The Influx of news on Dangote Flour Mills Plc and the potential listing and restructuring of MTN Nigeria, inundated most analysts and investors’ opinion.
Guinness Nigeria

Guinness Nigeria falls to 5 year low

@guinnessngr has stayed at a 5 year low of N54 for the second trading session this week, on the Nigerian Stock Exchange.
NSE All Share Index

Daily Update on Treasury Bills, Bond, Forex and Oil Prices.

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
Champion breweries

Champion Breweries stuck at 10 year low

Champion Breweries is trading at a 10 year low of N1.32 and may slide further in the weeks to come.
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.
2018 financial results

CORPORATE ACTIONS: Q1 2019 results and Rumours dispelled

@ubagroup and several other financial service firms will be holding their Annual General Meetings in the week to come.
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.
NSE All Share Index

Daily Update: Investors Oversubscribe One Year T-Bill by 7 times Offer

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
Stock to watch this week

FBN tops watchlist once more

@firstbankngr takes the top spot once more in this week's watchlist as investors may react negatively to a poor dividend of N0.26 per share.
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.
Financial statements

Access Bank becomes top traded again this week.

The Nigerian Stock Exchange ended Wednesday's trading session in positive territory. The All Share Index closed at 29.347.62 basis points, up 0.50%.

Popular

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.