Investing

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

Treasury Bills

Daily Update: US-China trade spat dampens Nigerian Eurobond interests

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as T-bills, bonds, FX rates, inflation, oil price.
CCNN announces dividend payment for FY 2018

2019 Q1: CCNN reports revenue growth of 213% after merger

Cement Company of Northern Nigeria Plc (CCNN), has recorded a laudable financial result in the first quarter period ended March 31, 2019.
Nigerian Stock Exchange

Market Update: CBN conducts further OMO auction to mop up excess system inflows

Daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
Managing "emotional returns" in investments is key to staying on track

Here are some 3 investment options you really should consider

Since there are different investment options out there, you need to weigh all your options carefully before laying down a kobo of your hard earned money.
NSE All Share Index

Access Bank rounds off top-traded stocks’ list as market closes negative

The Nigerian Stock Exchange ended Tuesday's trading session in negative territory as the All Share Index closed at 29.096.41 basis points, down 0.34%.
Nigerian Stock Exchange

Daily Update: CBN cuts long tenor OMO rate by 10bps amid significant over-subscription

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

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.
FGN Bonds, 2019 FGN Savings Bond, Debt Management Office

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

The @DMONigeria has release details of the May 2019 FGN Savings Bond offer. Here are the details you need to know about it.
Pharma Deko Plc

Pharmadeko Plc has been hit hard by the codeine ban

Pharmadeko Plc has recorded a N110 million loss in the first quarter eneded March 2019, due to the fallout of a ban on codeine cough syrups.
Nigerian Equity Market

The Weekly Brief: Monday, 29 April to Friday, 03 May 2019

The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) trending downward by 1.78% WTD to close at an index level of 29,212.00 and Market capitalisation of N10.98 trillion.
Stock to watch this week

Presco and International Breweries make this week’s watchlist

Japaul Oil and Maritime tops this week's stocks to watch on the @nsecontact having gained 39.29% last week.
Nigerian Stock Exchange

Market Update: OMO expectations to drive trading sentiments in new week

Welcome to daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
2018 financial results

CORPORATE ACTIONS: N1.15 and Cost pressures

Here is a rundown of corporate actions expected on the @nsecontact this week
Nigerian stocks exchange

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:
Royal Dutch Shell Plc

Shell hits $6bn profit for Q1 2019, distributes $3.9bn dividends

Royal Dutch Shell Plc has released its Q1 2019 result. The official earning declaration shows the company made $6 billion profit.
Forte Oil Plc

Quick Take: Forte Oil Plc’s Profit After Tax grows by 13.7% in Q1 2019

Petroleum company, Forte Oil Plc, have released its financial statement for Q1 period ended March 31st. Here are the key highlights of the result
Mary Uduk

SEC raises concern over unclaimed dividends in Nigeria’s capital market

To checkmate the increasing unclaimed dividends in Nigeria's capital market, SEC has enjoined beneficiaries of deceased investors to claim their dividends.
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
Investors lose N713 billion in Nigerian Stock Exchange, Bargain hunting in stock market

Investors lose N713 billion in April as NSE ends trading with N135 billion loss

Investors have lost N713 billion in April 2019 after the Nigerian Stock Exchange (@nsenigeria) closed the month lower than the market capitalisation and the All Share Index it opened the month of April with.
MTN listed on NSE

Market Update: CBN to auction c.N110bn T-Bills upon resumption from break

Welcome to daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
NSIA announces N57billion earned income, reveals 2019 outlook

NSIA announces N57bn earned income, reveals 2019 outlook

Nigeria Sovereign Investment Authority (NSIA) has declared N57.73bn as total income earned in 2018.
Treasury Bills

Daily Update: Markets trades cautiously over expected supply from Primary Market Auction

Welcome to daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
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.
Fidson Healthcare takes strategic investor on board

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.
Treasury Bills

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%.

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.

Popular

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.