Investing

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

2018 financial results

Corporate Actions: N184 billion and Double Rs

Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have an impact on the firms themselves or shareholders.  Examples...
Nigerian stocks exchange

Wema Bank takes the top spot this week

 The Nigerian Stock Exchange closed this week’s trading session in positive territory, albeit marginally. The All Share Index ended this week's trading session at...
Seplat Petroleum 2018 2018 result

Deferred tax dragged Seplat Petroleum’s 2018 profit down

Seplat Petroleum released its full-year (FY) 2018 financial statement which shows a 65.16% increase in revenue (year-on-year) to N228.39 billion.
the Max Yield Savings Account

Stanbic IBTC FY 2018 results: Strong profitability and growth in several key areas

Stanbic IBTC released its FY 2018 results today and, at least in terms of loan growth and Net profits, the report looks stellar. Net...
Eurobonds, best performing eurobond

NSE to list five more tranches of FGN Eurobond

Five tranches of the Federal Government Eurobond will be listed on the Nigerian Stock Exchange on Thursday, March 7, 2019.
Nigerian Stock Exchange

Daily Update on Treasury Bills, Bonds, Forex, Oil Price and More

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
CBN to stop culprits from opening account

Central Bank of Nigeria to raise N1tn from treasury bills

A total of N1.006 trillion will be raised by the Central Bank of Nigeria (CBN) through the issuance of treasury bills in the second quarter of 2019.
Financial statements

See excuses these companies are giving ahead of late filing 2018 results

The listing rules of the Nigerian Stock Exchange require quoted companies to submit their full-year audited financial statements latest March 31st.
2018 financial results

Companies make last-minute preparations to release 2018 results

Some companies on the Nigerian Stock Exchange are now making last-minute preparations ahead of the release of their 2018 financial results.
Nigeria Weekly Update: Naira interest rate adjustment

Nigeria Weekly Update: Naira interest rate adjustment

Last week saw President Muhammadu Buhari of the All Progressives Congress returned to power in general elections.
JPM Coin: What it is and what it means for Cryptocurrency

JPM coin: What it is and what it means for Cryptocurrency

The introduction of JPM Coin is a win for cryptocurrency, as it lends legitimacy to Bitcoin.
FGN Bonds, 2019 FGN Savings Bond

This is what you get if you buy the March 2019 FGN Savings Bond

You can subscribe for as little as ₦5,000
Nigerian Stock Exchange

Nigerian Stocks gain N400 billion in February

The stock market opened the month of February at a market capitalisation of N11.424 trillion and closed at about N11.868 trillion.
Stock to watch this week

Access and Diamond Bank head this week’s watchlist

Stocks to watch this week is picked from companies having corporate actions as well as those that topped the gainers and losers chart in the previous...
2018 financial results

CORPORATE ACTIONS: N901 Billion and a Little Sugar

Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders.   Examples of...
Nigerian stocks exchange

Japaul switches positions this week

This week was a bearish one on the Nigerian Stock Exchange, as the All Share Index shed 2.12%. 26 equities appreciated in price during the...

Bank stocks see biggest fall, as investors reacts to post-election result

Stocks of Nigerian banks are starting to react to the outcome of the Nigerian election, which saw the incumbent, President Muhammadu Buhari defeats the Presidential Candidate of People's Democratic Party, Atiku Abubakar.
Buy/Sell/Hold, Guaranty Trust Bank

Presco Plc has a HOLD recommendation

Stocks on our Buy/Sell/Hold list are picked from the top gainers and losers of the prior week as well as various analyst reports  Presco Plc:...
Nigerian Stock Exchange

Daily update on Treasury Bills, Bonds, Forex, oil price and more

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price. I&E...
Dangote Cement, Nigerian stocks, Nigerian stock exchange | NSE

Bears maintain hold despite positive Dangote Cement results

The Nigerian Stock Exchange ended the third trading session for the week on a negative note. The All Share index closed today’s trading session...
Dangote Cement

Dangote Cement reports 91% increase in profit after tax

Dangote Cement Plc today released its Full year audited 2018 results for the year ended 31 December 2018.
Ethereum

Someone paid $308k fee for a $14 transaction, expensive mistake or donation?

Mistakes come in grades but a $308,000 mistake, that's a costly mistake!
Fidson Healthcare Plc, Fidelis Ayebae

Fidson’s plan to dominate the pharmaceutical space in the next 10 years

Fidson Healthcare Plc held a breakfast meeting with shareholders to provide details of a N3 billion rights issue. Nairametrics had an exclusive interview with the Founder/Managing...
Nigerian Stock Exchange, Nigerian Stocks, Daily market summary

Bears erase yesterday’s gains on the NSE

The Nigerian Stock Exchange shed yesterday’s gains in today’s trading session. The All Share Index closed in the red in today's trading session, down...
Treasury Bills, How to buy Treasury Bills, Treasury Bills in Nigeria, CBN Treasury Bills, Nigerian Treasury Bills

How to bid for the second February 2019 Treasury Bills auction

Buying treasury bills is one of the safest forms of investment.
Daily Market Summary , NSE daily summary, Nigerian Stock Exchange, NSE, Nigerian Stocks

NSE opens bullish in the aftermath of the Presidential Elections

The Nigerian Stock Exchange (NSE) closed today’s trading session on a positive note. The All Share Index ended today’s trading session at 32,700.12 basis...
Stock to watch this week

FUGAZ Banks lead this week’s stocks to watch

Stocks to watch comprises the best and worst stocks for the prior week, as well as companies that had corporate actions after trading hours,...
Corporate Actions | Nairametrics

Corporate Actions: Revivals and a Merger

Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders.   Examples of...
Nigerian stocks exchange

Penny stocks dominate gainers in a bearish week

This week was a bearish one on the Nigerian Stock Exchange, as the All Share Index opened at 32,715.20 and closed at 32,515.52 basis...
Visionscape Municipality Bond Default Explained

Nigerian Stock Exchange to launch mutual funds trading platform

The NSE is set to start listing of mutual funds.

Popular

shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme

List of successful applicants for TEF 2019 announced

See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc appoints new managing director

Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
Businesses in Nigeria | Make money from a single product

How to make $1bn from a single product in Nigeria

Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.