Oando Shares Fall 16% This Week Alone (14/2/2014)

Oando Shares Fall 16% This Week Alone (14/2/2014)

Oando Plc share price has seesawed of late following its remarkable rally from N9...


S-E-L-L O-F-F==> FBNH Crashes to N13, Zenith Bank 20.10, GTB N24.73

S-E-L-L O-F-F==> FBNH Crashes to N13, Zenith Bank 20.10, GTB N24.73

Its bleeding red at the Nigerian Stock Exchange as the banking sector continue to...


Analysis 2013 FY: Nigerians Breweries N43billion PAT Is Impressive But Investors Shoudn’t Be Excited Yet

Analysis 2013 FY: Nigerians Breweries N43billion PAT Is Impressive But Investors Shoudn’t Be Excited Yet

Nigerian Breweries Plc released its 2013 FY Audited results showing a 6.3% rise in...


Deal: FCMB Sells Fin Insurance To African Capital Alliance; Will Be Combined With Connerstone Insurance

The largest shareholder of Cornerstone Insurance Plc, African Capital Alliance (ACA), has bought the...


Missing $20billion: Okonjo Iweala Request For Forensic Audit As Final Solution

The Nation||Forensic experts should examine the state of the Federation Account, the government suggested...


Nigerian Breweries Post N43billion PAT Proposes N4.5 Dividend Per Share, Yet Share Price Dipped

Punch||Nigerian Breweries Plc has announced a profit after tax of N43.08bn for full-year 2013....



Sanusi’s CRR Comments Sparks Sell Off; Sectorial Indices Tank, Only 8 Equities Gained, 53 Losers etc

Sanusi’s CRR Comments Sparks Sell Off; Sectorial Indices Tank, Only 8 Equities Gained, 53 Losers etc

The NSE All Share Index dropped to its 7 weeks low yesterday and dipped...


Gbajabiamila Calls 2014 Budget “Voodoo Economics” And This Is Why

The 2014 budget passed second reading  in  the House of Representatives on Thursday after...


Official:  The CBN Will Approve Your Employment Letter Before You Join Any Bank

Official: The CBN Will Approve Your Employment Letter Before You Join Any Bank

The Central Bank of Nigeria has released a directive to banks mandating them to...


Naira Is Now At Its Lowest Since 2011. N164.5 At The Interbank

The naira weakened for a second day to its lowest since 2011 as investor...


Sanusi – “We Should Have Gone Up To 15% Private Sector CRR and 100% Public Sector CRR”

Thisday||As some Nigerians continue to lament the tight monetary policy regime in the country,...


Nigerian Breweries Share Price Approach One Year Low, See Chart

Nigerian Breweries Share Price Approach One Year Low, See Chart

It’s been a rough ride for the stock market this year. Markets sentiments seem...


NBL Watch: Heineken Declares 4.6% Drop In Profits, Cites Nigeria As One of The Causes

NBL Watch: Heineken Declares 4.6% Drop In Profits, Cites Nigeria As One of The Causes

The world third largest brewer and the majority owner of Nigerian Breweries Plc, Heineken...


This Chart Shows How Quickly Prices Of Samsung Galaxy Phones Drop Soon After They Are Released

This Chart Shows How Quickly Prices Of Samsung Galaxy Phones Drop Soon After They Are Released

The chart above is from Idealo,  a research company showing how quickly prices of...


Big Things: Presco Oil Hits All Time High Amidst Plans To Diversify Into Rubber Production

Big Things: Presco Oil Hits All Time High Amidst Plans To Diversify Into Rubber Production

Presco Plc hit its all time high this week closing at N48.48 on Wednesday...


About Time!! McDonalds Plans To Expand To Nigeria

About Time!! McDonalds Plans To Expand To Nigeria

Bloomberg||McDonald’s Corp. (MCD) is looking at potential new markets in Africa after the world’s...


Emerging Markets: First Argentina, now Kazakhstan Devalues Currency by 19%. Is Nigeria Next?

  Bloomberg||Kazakhstan’s central bank devalued the tenge by the most since 2009 as reduced...


100% Public Sector CRR May Actually Be A Reality, According To This Bank CEO

Thisday|| Speaking at the media briefing following the Banker’s Committee Meeting, the Chief Executive...


Cash-less Banking To Go Nationwide July1, 2014

Thisday||The Bankers’ Committee Tuesday resolved to extend the cashless policy to all states in...


These Guys Want The CBN To Introduce Number Portability In The Banking Sector

The Nation||The National Association of Telecoms Subscribers (NATCOMS) has urged the Central Bank of...


Why CBN Deputy Governors Are Angry With Sanusi Over NNPC Missing Dollars Flipflops

The Nation||The bank’s deputy governors, The Nation learnt, are not happy with their boss’...


Unprecedented? CBN, NNPC Finally Submit Detailed Budget

Punch||Twenty-one Federal Government agencies, including the Nigerian National Petroleum Corporation and the Central Bank...


NSE Finally Released Its FPI Data For 2013 and Its Not So Comforting

NSE Finally Released Its FPI Data For 2013 and Its Not So Comforting

The NSE  released its data on Foreign Portfolio Inflows (FPI) in Nigeria for they year...


Tax – Expenses Allowable For Deduction From Profit In Nigeria

Tax – Expenses Allowable For Deduction From Profit In Nigeria

  Companies in Nigeria are statutorily required to pay 30% of their taxable profit as...


Are These Beautiful Nigerian Dolls About To Overtake Barbie??

Are These Beautiful Nigerian Dolls About To Overtake Barbie??

Reuters ||With a booming economy in Nigeria and more black children than anywhere else...


“At The Verge of Failing” – How Forte Oil Achieved A Turn Around

In a remarkable comeback, Forte Oil Plc, which had in 2011 posted a N19...


Is N100 Note Getting Scarce

Is N100 Note Getting Scarce

If you have noticed, lately there has been a scarcity of N100 notes at...


Blog Power: See What Happened To This Stock After A Harvard Professor Blogged About It

Blog Power: See What Happened To This Stock After A Harvard Professor Blogged About It

  Bloomberg reports an Associate Professor of Harvard wrote a damaging blog post about...


Corporate Makeover: Paul Jegede Reveals Japaul’s Merger Plans With N50b New Capital Injection. Also Explains Why Results Have Been Poor

Corporate Makeover: Paul Jegede Reveals Japaul’s Merger Plans With N50b New Capital Injection. Also Explains Why Results Have Been Poor

Right above is a picture of Japaul’s shares chart in the last 5 years....


Finally, Tinubu Assures The Market Conoco Deal Is “Technically Concluded”; Projects N100bn Ebitda

The Nation||Oando Plc will more than double its pre-tax profit to some N100 billion...