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Neimeth Pharmaceuticals records high Topline, as earnings stay downbeat

Neimeth Pharmaceuticals records high Topline, as earnings stay downbeat

Neimeth International Pharmaceuticals Plc closed its books for the quarter with an impressive half-year financial scorecard, showing the highest revenue recorded in the corresponding period in the last six years.
Stanbic IBTC Shari’ah Fixed Income Fund

Market Update: Escalating US-China trade tensions weigh on market sentiments

Nairametrics' summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, is brought to you by Zedcrest.
May Baker Nigeria Plc

May & Baker’s top-line dips following food business disposal

Following the divestment of its foods business which, on average, accounts for 23.36% of its revenue, May & Baker Nigeria Plc recorded a dip of 14.22% in topline from its continued operations, with turnover settling at NGN1.87bn.
First Aluminium Nigeria Plc

First Aluminium Nigeria Plc’s shares to be suspended

Ahead of the voluntary delisting of First Aluminium Plc's entire issued share capital, the company is to be suspended trading its shares on the Nigerian Stock Exchange (NSE).
Newrest ASL Nigeria Plc

Newrest ASL Nigeria Plc delists entire issued share capital from NSE

Following approval by the Nigerian Stock Exchange (NSE), Newrest ASL Nigeria Plc has delisted its entire issued share capital from the daily official list of the Nigerian bourse.
Understanding Mutual Fund Fees

Understanding Mutual Fund Fees: Miscellaneous Fees

In my first article on the issue of understanding mutual fund fees, I expounded on what management fee is, how to calculate it and how to reduce the burden by negotiating better rates if you are in a position to do so.
Stanbic IBTC Shari’ah Fixed Income Fund

Fixed Income Market Monitor (Monday, 06-Friday, 10 May 2019)

The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 10.00% and 9.14% from 5.93%.
Foreign investors in Nigeria, FDI in Nigerian Stock Exchange, X-Academy e-learning, NSE capital market and Financial literacy, NSE Rules, Nigerian Stock Exchange,

The Weekly Brief (Monday, 29 April – Friday, 03 May 2019)

The performance of the Nigerian Equity Market remained bearish last week with the index trending downward by WTD to close at an index level of 1.78%.
Treasury Bills

Market Update: Nigerian Eurobonds find support as oil steadies above $70pb

Here's the summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, Bonds, FX rates, inflation, oil price.
Stock to watch this week

Nigerian Breweries takes a spot in this week’s watchlist

@nbplc has a spot in this week's watchlist as the company will be holding its Annual General Meeting.
Money Market

How to calculate interest on a money market fund investment

I recently received an email from one Stephen A (last name withheld), who asked if I can shed more light on how investors can calculate interest on their money market fund investment.
investment bias

Understanding Investment Bias: What influences investors’ decisions?

The benefit of behavioural finance is that investors are able to recognize these behavioural biases and take corrective actions to avoid financial losses.
Ellah Lakes acquire Telluria, Telluria major stakeholder in Ellah Lakes, Telluria largest stakeholder in Ellah Lakes, Ellah Lakes listing on Nigerian Stock Exchange, 2018 financial results

CORPORATE ACTIONS: Rocky Results and Markdowns

@lawunionrock was the only firm that released its results on the @nsecontact last week
E-Tranzact first quarter 2019 result, CWG Plc first quarter 2019 result, Nigerian stocks exchange, NSE indexes

Beta Glass Plc leads top gainers for the week

Beta Glass Plc led the top 10 gainers on the Nigerian Stock Exchange for the trading week ended May 10. 2019. The stock appreciated by 23.1% to close at N68.95.
Nigerian Stock Exchange

The Nigerian Stock Exchange ends the week on a bearish note

The Nigerian Stock Exchange ended Friday's trading session in negative territory, ending the week bearish. The All Share Index closed at 28,847.81 basis points, down 0.17%.
MTN Nigeria Plc

MTN Nigeria’s first quarter blow out result in summary

MTN Group Limited, the parent company of MTN Nigeria, has released its financial result for the first quarter period ended March 31st, 2019.
Godwin Emefiele

Daily Update: Bond market reacts positively to CBN Governor’s tenure renewal

Welcome once again to daily performance of major economic indicators and highlights from trading sessions and key statistics such as T-bills, bonds, FX rates, inflation, oil price.
Dividends

Zenith Bank trades heavy volumes as NSE closes negative

The Nigerian Stock Exchange ended Thursday's trading session in negative territory. The All Share Index closed at 28.896.25 basis points, down 0.24%.
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.
Treasury Bills

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.
Nigerian Stock Exchange

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.
Foreign investors in Nigeria, FDI in Nigerian Stock Exchange, X-Academy e-learning, NSE capital market and Financial literacy, NSE Rules, Nigerian Stock Exchange,

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.
Treasury Bills

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.

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Rubies Bank

Rubies Bank – The Future is here

Rubies is a fully digital banking platform, offering zero fee banking targeted at millennials, young professionals, SMEs, quasi-financial institutions and FINTECH companies.
Should Gokada and Max.ng be afraid of ORide?

Should Gokada and Max.ng be afraid of ORide?

ORide is fast penetrating the market by leveraging on the N100 bonus offer to any destination of any distance within Lagos. This move has attracted the competitors’ customers, at least if not for anything, till the promo offer ends. 
Airtel Nigeria

Airtel eyes a £3.6 billion IPO valuation on the LSE and NSE

Airtel Africa Limited has declared its intentions to float his shares simultaneously on the Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE)