Get all the latest information on businesses and companies in Nigerian Stock Exchange.
In: News
11 Jul 2008Nigeria is fast losing its position as the top oil exporter in Africa. While there has been a significant deep in oil exports from Nigeria, Angola’s has increased significantly.
In: News
11 Jul 2008Intercontinental Registrars to reissue share certificates for the bank’s 2006 hybrid offer.
Results for Ekocorp, Intercontinental Bank, and Red Star Express
JP Morgan recently prepared an extensive report analyzing the top Nigerian banks. You can read the report here.
Augusto de la Torre and Sergio L. Schmukler of the World Bank prepared this huge document focussing on the capital markets in the emerging economies of Latin America. It describes the historical developments in the capital markets and the related policy issues. It also analyzes the local capital markets and their place in the ongoing globalization of financial markets. It also compares the outcomes with those of other countries. Read here.
In: Uncategorized
10 Jul 2008With the relative peace, political stability, and better power situation, Ghana is striving to become the technology hub of Africa. In 2004, the country drew up its Information and Communication Technology for Accelerated Development (ICT4D) policy outlining its vision to transform into an information-rich knowledge-based society through the development, deployment and exploitation of ICTs within the economy. Read the details here.
In: financial advice
9 Jul 2008A lot of people go into the stock market without understanding the basics and the responsiblities of the stock broker and the stock owner. Maduka Nweke of Business Day onlinie prepared a great article on the the basics of stock brokerage. Read here.
In: News
9 Jul 2008My favorite source of naija business news, Proshare NG recently had an interview with Aliko Dangote, the Chairman on Dangote group and Phil Wharton, MD/CEO of Costain WA. Read the interviews here.
Results for Roads, ABC, Staco, and Consolidate Hallmark Insurance. Profits increased to N25.1m for Roads (for 2007), reduced to N141.25m for ABC Transport (for 2007), increased to N62.94m for ABC Transport (for Q1 2008), increased to N757m for Staco Insurance (for 2007), and also increased to N230m for Consolidated Hallmark Insurance (for 2007).
- UACN exceeded the projected EPS for FY 07 by over 55% at N2.94
- Company has continued to improve its corporate strategy
- Demand for consumer goods continues to remain high
- Forecast of N36.2bn for FY 08 with PAT of N4.236bn and EPS of N3.31
- Target price of N67.8
In: company results|Market Analysis|stock exchange|weekly report
7 Jul 2008Stock reports and analysis prepared by Zenith Securities, FSDH, Lead Capital and BGL Securities.
A turnover of 4.8 billion shares worth N41.96 billion in 77,288 deals was recorded this week, in contrast to a total of 5.21 billion shares valued at N42.52 billion exchanged last week in 82,798 deals. Transactions during the week included a total of 4,500 units of Access Bank Plc N13.5 billion Redeemable Bond 2010 valued [...]
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