Get all the latest information on businesses and companies in Nigerian Stock Exchange.
In: News
17 Oct 2008The Federal Government has announced that they will be reducing the oil benchmark for the 2009 budget from the current projected price of $62/barrel. It is expected to be around $45 to $59. Here is the report by Business Day:
In: News
16 Oct 2008After 6 months of straight losses coupled with eroding values of shares in the Nigerian Stock Exchange, there are indications that the stock market may close until the present situation improves. This is one of the many options that were recently considered by the brokers as they once more called on the government to find [...]
In: News
16 Oct 2008Months ago the board of directors of Union bank nigeria plc had planed to approach the market with the biggest offer in the history of the Nigerian Stock exchange. The offer was to enable the renowned financial institution take its place in the banking sub sector of the market. The hybrid offer was to comprise [...]
As you have come to expect, here is the spreadsheet containing the most detailed analysis of the NSE for the week ended October 10th.
Meristem Securities has prepared a table with information on the major stocks on the NSE. Read here:
In: News
13 Oct 2008Dangote Cement has raised its stake in Sephaku Cement of South Africa. Here is an excerpt of the Bloomberg’s report: Dangote Cement, Nigeria’s largest maker of the building material, raised its stake in South Africa’s Sephaku Cement to 45 percent, consolidating its foothold in Africa’s biggest economy. The companies signed a shareholders agreement in London [...]
In: weekly report
13 Oct 2008In: weekly report
13 Oct 2008Here is the weekly stock market report for the week ended October 10th, 2008
In: company results
10 Oct 2008This week, 3 of the major banks released their results. As expected, the results were very impressive. Here are the reports in the dailies.
In: companyanalysis
10 Oct 2008You can read here Zenith Securities’ take on First Bank and GT Bank:
In: News
10 Oct 2008Here are some of the major news stories for this week in the NSE:
In: weekly report
6 Oct 2008Here is the stock market reports from Meristem, FSDH, Investor Delight, Lead Capital and Forte Assets as well as the full analysis of the stocks for last week:
This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!