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News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.

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

by Op-Ed Contributor

The performance of the Nigerian Equity Market returned bearish last week, with the index (NSE ASI) down by 1.15% WTD...

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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...

Unemployment, Starting early: How innovative partnerships can bridge the skills gap

What can be done to overcome the unemployment crises in Nigeria?

National Bureau of Statistics (NBS) has revealed that Nigeria’s official unemployment rate remain unchanged at 23.1% as at Q3 2018 from...

investors on NSE, Stock to watch this week, Airtel Africa

Will Dangote Flour continue rallying this week ?

by Onome Ohwovoriole

Dangote Flour Mills is number one on this week's stocks to watch, having gained 45.3% following news of a N130...

CORPORATE ACTIONS: BILLIONS ON THE TABLE AND A U TURN

by Onome Ohwovoriole

April 28, 2019

FBN Holdings and Capital Hotels Plc will be holding their Annual General Meetings next week, among other corporate actions on...

NSE, Gainers and Losers, Nigerian Stock exchange

Olam offer leads to spike in Dangote Flour’s share price

by Onome Ohwovoriole

April 27, 2019

@guinnessngr was the worst performing stock this week on the Nigerian Stock Exchange, declining by 19% to close at N48.60.

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Quick take: Non interest income lifts FBN Holdings’ pre-tax profit marginally

April 27, 2019

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

by Inimfon Asifa

April 27, 2019

The Nigerian Stock Exchange ended Friday's trading session in negative territory. The All Share Index closed at 29.740.41 basis points,...

feeding Nigeria’s current and future population

REVEALED: Population growth is outpacing food production

April 26, 2019

A report by one of the leading professional services firms, PwC, disclosed that feeding Nigeria’s current and future population is...