Investing

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

Why you should Naira Cost Average your Investments

Why you should Naira Cost Average your Investments

Naira Cost Averaging (NCA) is an investment technique of buying fixed amounts of a particular asset on a regular schedule, regardless of price.
Stock to watch this week

Tier one banks top this week’s watchlist

Stocks to watch comprises the top gainers and losers from the previous week, as well as companies having corporate actions. Stocks to watch is not...
2018 financial results

Corporate Actions: 65 kobo and results in the pipeline

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

Africa Prudential tops losers list following mark down

This week was a negative one, as the Nigerian Stock Exchange, All Share Index closed down 2.45%. The index opened at 31,924.51 basis points and closed at...
African Private Equity

Report shows private equity investors’ bullish outlook for Africa

The African Private Equity and Venture Capital Association (AVCA), yesterday, released its authoritative annual report which analyses activities in the PE sector. The report incorporated...
Financial statements

Daily Update on Treasury Bills, Forex, Bonds and Oil Prices

Daily performance of major economic indicators from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
Nigerian Stock Exchange, Nigerian Stocks, Daily market summary

The bears returned today, wiping off yesterday’s NSE gains

The All Share Index ended today’s trading session at 31,210.79 basis points, down 0.48 %. Year to date, the index is down 0.70%
Visionscape Municipality Bond Default: An indictment on credit rating agencies?

Failed Visionscape Bond received 4 FMDQ awards last year

Since news broke about the N4.85bn Municipality Waste Management Contractors Limited Bond, many have wondered how the bond was brought into the market.
African Prudential could be worth more than N4.55

African Prudential could be worth more than N4.55

Africa Prudential Plc currently has a market capitalization of N4.8 billion.
NSE All Share Index

NSE returns to positive territory after yesterday’s drop

The Nigerian Stock Exchange closed in the green today. The All Share Index ended today’s trading session at 31,360.23 basis points, up 0.15 %. Year to date, the index is up 0.22%.
Continental Reinsurance Plc

Is this company quietly planning exit from the NSE?

Continental Reinsurance Plc issued an update to the NSE on the proposed scheme that would allow the core investor to buy out minority shareholdings.
Despite setbacks, Nigeria's Real Estate investors expect windfall in 2019

Despite setbacks, Nigeria’s real estate investors to expect windfall in 2019

Data shows that out of 15 trillion credit (Bank loan) to the Private Sector in the last quarter of 2018, real estate got ₦622 billion.
Fixed Income Daily

Fixed Income Daily Report for March 12th, 2019

Welcome to Fixed Income Daily Report, where we take you through the daily performance of major economic indicators and highlights from tradings sessions.
NOVA Merchant Bank Plc

NOVA Merchant Bank Limited declares N1.15bn in PAT, continues to focus on growth

NOVA Merchant Bank Limited has declared a profit after tax of N1.15 billion for the year ended 31st of December 2018.
Mutual Fund fees

EXCLUSIVE: Mutual Funds’ Asset Value Plunges

The Net Asset Value of Nigeria's mutual funds plunged to N660 billion in November, as against October's ending value of N683 billion.
Types of blockchain

Are all blockchains the same?

The blockchain technology has been applied across several spheres. And this has birthed many different “blockchains” which perform special tasks.
Nigeria's Market/economic insight

Market/economic insight: the weekly brief (11th– 15th March, 2019)

The performance of the Nigerian Equity Market returned bullish last week with the index (NSE ASI) up by 0.31% WTD.
Stock to watch this week

Banking Stocks to watch this week

Stocks to watch this week comprises the top gainers and losers for the previous week, as well as companies that would be having corporate...

Visionscape Municipality Bond default and the need for credit default Swaps

Municipality Waste Management Contractors Limited, promoted by Visionscape Sanitation Solutions Limited, has failed to pay the N4.5 billion coupon interest
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 Development Company, Environmental pollution, Industrial flares, 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.

Popular

Application for Canadian Permanent Residency hits 27900

Applications for Canadian Permanent Residency hit 27,900 in 4 months

According to the April edition of the Canadian Immigration Newsletter, Canada has issued a total of 27,900 Invitations to Apply (ITAs) to Express Entry candidates so far in 2019. 
Canadian permanent residency

Canada invited 3,350 Express Entry Candidates to apply for PR in its April draw

Canada invited 3,350 Express Entry candidates to apply for Canadian permanent residency (PR) in a new draw held on April 17. This is contained in the country's recently released monthly newsletter.

8 things you don’t know about CBN’s Priscilla Ekwere Eleje

Nairametrics highlights the 8 things you probably didn't know about Priscilla Ekwere Eleje, who recently made history as first woman to have her signature on naira. Take a look...