Investing

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

NSE All Share Index

Total Nigeria’s share price declines following poor Q1 2019 results

The Nigerian Stock Exchange ended Monday's trading session, in negative territory. The All Share Index closed at 29.521.90 basis points, down 0.73%.
Nigerian Equity Market

Market/Economic Insight: Tuesday, April 23-Friday April 26, 2019

The performance of the Nigerian Equity Market returned bearish last week, with the index (NSE ASI) down by 1.15% WTD to close at an index level of 29,740.41 and market capitalisation of N11.18 trillion.
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...
Dangote Cement Plc

Dangote Cement’s Q1 Result: Weak topline and higher OPEX drive weak earnings

Dangote Cement Plc has reported a marginal decrease of 0.8% y/y in revenue to N240.2bn in Q1 2019 from N242.1bn in Q1 2018.
Understanding Mutual Fund Fees

Understanding Mutual Fund Liquidity and Redemption Penalty

What are the best and trusted foreign currency denominated mutual funds that offer good returns with low minimum withholding period?
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.
Nigerian stocks exchange

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%.
Oando Plc

Oando PLC Announces Q1 2019 Results, Posts N4.6 Billion Profit-After-Tax

Oando Plc today announced unaudited results for the three months period ended March 31, 2019. The results shows an 11% increase in PAT.
MTN listed on NSE

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.
Fidelity Bank Plc to become Tier-1 bank, Fidelity Bank five year plan, Fidelity mobile money transfer

Quick take: Fidelity Bank starts year on a good note as earnings beat estimates

Fidelity Bank Plc kicked off 2019 on an impressive note as Q1 2019 results showed that Gross Earnings grew 11.8% y/y to N48.4bn.
MTN

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.
Nigerian Stock Exchange

Daily Update: Nigeria debuts 30year FGN bonds priced at a coupon of 14.80%

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.
As fears rise over the sustainability of America’s Social Security Fund...

As fears rise over the sustainability of America’s Social Security Fund…

The path to extinction seems to be the route on which the famous Social Security Trust Fund of America is on as at moment.
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.
Okomu Oil Palm Company Plc declares N3 dividend for FY 2018

Okomu Oil’s faltering revenue growth dampens performance

After three years of revenue growth, supported by higher CPO (Crude Palm Oil) prices at the international market, OKOMUOIL posted a marginal decline in revenue (-0.02%)
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.
Fidson Healthcare Plc

ANALYSIS: How Finance cost dragged Fidson Healthcare Plc’s earnings

Fidson Healthcare Plc. (FIDSON) continued where the previous year’s revenue chase left off, bringing FY2018 to a close of NGN16.23bn which translates to a growth of 15.45% (vs. NGN14.06 in FY2017).
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.
mutual fund fees

Understanding Mutual Fund Fees: Incentive or Performance Fee

In my first article on the issue of mutual fund fees, I promised to explain all or most of the fees that make up the total expense ratio of a fund. This is a continuation...
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.
Nigerian stocks exchange

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.
Wema Bank Plc

On Wema Bank’s dividend payment after fifteen long years

Wema Bank Plc achieved 9.59% growth in gross earnings to NGN71.53bn, driven by an uptick in both interest (+8.60%) and non-interest income (+13.93%).
GTBank's FY 2018 financial result

GTBank releases Q1 2019 unaudited results, reports profit before tax of ₦57.0bn

Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019 to the Nigerian and London Stock Exchanges.
MTN listed on NSE

Stock market lost N94bn in two months and foreign investors caused it

The Nigerian stock market has lost N94.09 billion to withdrawals made by foreign investors in the months of January and February, surpassing the total foreign inflow in the country, as uncertainty continues to influence investors decision.
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.

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.