Get all the latest information on businesses and companies in Nigerian Stock Exchange.
Here are the major business news this week:
The major business stories from the NSE
The world Bank prepared a report on Doing Business in Nigeria . And I must admit, it is not too encouraging. The report considered the time required to start a new business, the cost of starting a new business, the bottle necks to starting a new business, and law enforcement. The report compared the major [...]
CONTINSURE: YEAR END DEC 31 2007 PERIOD 2007 2006 NON-LIFE REVENUE 332.34M 95.90M LIFE REVENUE 11.50M 12.50M PBT (Nm) 818.46M 220.74M TAX (Nm) 141.73M 78.991M PAT (Nm) 676.69M 135.791M S/outstanding ( billion) 10.37 Proposed Dividend per Share = N0.05k EPS (naira) 0.07 Closure date = May 19 to 22, 2008 P/E Ratio (times) 64.38 [...]
It’s been a while since anything substantial has been posted on this blog – at least 4 weeks. Part of the reason was that I was out of the country with limited access to the Internet. Henceforth, the major emphasis of this blog will be to provide information on businesses and companies listed on the [...]
Not waiting for the new House of Rep Speaker to settle down, there was a new controversy over whether or not he participated in the NYSC. But on Thursday, he presented a copy. I dont know if this is real or not. We will wait and see. The President presented his 2008 Budget to the [...]
The Economist Magazine recently released the 2007 Business Competitiveness Ranking of 82 countries. Nigeria was ranked 75th just above Kenya, Angola, Cuba etc. I sincerely hope this changes.
I have been a fan of the public offers of the different companies in Nigeria for a while. A lot of them have been success stories. Examples include Zenith Bank, Oceanic Bank, GT Bank, and First Bank. A lot of banks had to go to the market to be able to raise funds to meet [...]
In: Uncategorized4 Oct 2007
Found the minibook, A Beginner’s Guide to Investing in Nigeria, on the Proshareng website.
This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!