Archive for July, 2008

Analyst reports on Nigerian Breweries, UNILEVER, and NAHCO.

Here are highlights from CSL’s initial analysis of Starcomms PLC whose stock was recently listed. 1. Listed as a BUY for the long-term2. Believes that the management has a thorough understanding of the industry dynamics and as well as a clear growth strategy3. A mobile penetration of just 28% in Nigeria means that there are […]

This image provides a good description of the current state of the stock market. The stock market is around the same spot as it was last year. The stock market index in July 2007 was around 52000. It went on a long rising streak to as much as 66000 points. But the fall has been […]

Weekly Market Reports From The Stockbrokers

Weekly report for the week ended July 25th, 2008

Must See TV

In: News

27 Jul 2008

Zenith Bank recently released their macro-economic outlook for the 2nd half of 2008.

The Central Bank of Nigeria (CBN) yesterday shifted the deadline for Banks to adopt a uniform accounting year end to December 2009. This according to CBN was in response to “irrational behavior” of some banks in their attempt to mobilize deposits. The direct impact of this announcement could at least ease the current strain in […]

Results for Livestock Feeds, Flour Mills of Nigeria, National Sports Lottery, DN Meyer, Aso Savings and Loans, Presco, Interlinked Technologies, Royal Exchange and AG Leventis: A.G LEVENTIS PLC HALF-YEAR 2008 2008 2007 TURNOVER N7.5B N5.0B PBT N990.00M N717.56M TAX (N316.8M) (N229.61M) PAT N673.2M N487.94M ROYAL EXCHANGE PLC HALF-YEAR ENDED 30/06/08 2008 2007 TUNROVER N2.0B N1.65B […]

Results for Deap Capital, Ellah Lakes, and Crusader Insurance: DEAP CAPITAL MGT & TRUST PLC UNAUDITED RESULT FOR 3RD QUARTER ENDED 30-06-2008 2008 2007 TURNOVER N1.194b N418.485m PBT N736.745m N201.646m TAX (N110.512m) (N30.247m) PAT N626.233m N171.399m CRUSADER (NIGERIA) PLC 1ST QUARTER UNAUDITED ACCOUNT FOR PERIOD ENDED 31ST MARCH 2008 2008 2007 TURNOVER N1.158b N757.248m PBT […]

Results for Regency Alliance, Nigerian Enamelware, Nigerian Breweries, Unilever, Conoil, CAP PLC, and Access Bank. REGENCY ALLIANCE INSURANCE PLC AUDITED RESULT FOR THE YEAR ENDED 31-12-2007 2007 2006 GROSS PREMIUM N783.875m N332.350m PBT N262.540m N236.074m TAX (N25.000m) (N20.845m) PAT N237.540m N21.522m PROPOSED BONUS ISSUE 1 FOR 4 CLOSURE DATE AUGUST 5TH 2008 NIGERIAN ENAMELWARE PLC […]

Additional Weekly Stock Reports from FSDH and Meristem Securities.


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This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!

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