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Here is the 2010 version of the anual <a href=”http://www.doingbusiness.org”>Doing Business</a> In West Africa report. It ranked the countries on contract enforcement, ease of setting up a business, administrative bottlenecks etc.
Ghana came in first in the region. Nigeria was second.
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Earlier this month, the World Bank and the International Finance Corporation released the 2010 Doing Business report. Nigeria fell in the rankings in almost all the areas. You can read the documents below:
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The Nigerian Tribune had an article today on the complaints of the stakeholders of the banks taken over by the CBN.
You can read excerpts of the report below. My comments follow.
In: Economy
12 Mar 2009The Wall Street Journal had an article in today’s edition on Nigeria’s economy and it isnt pretty. You can read below:
Meristem Securities provided an analysis of the Flour Mills of Nigeria. The analysis /research is available at here. Here are the main points: FLOUR MILLS OF NIGERIA PLC: EQUITY RESEARCH REPORT Executive Summary -Flour Mills of Nig. Plc operates one of the most broad-based and diversified portfolio of industrial products in Nigeria having successfully weathered [...]
In: News
27 Feb 2008Yar ‘Adua remains president. The petition brought by Atiku and Buhari has been dismissed. Both Atiku and Buhari have headed to the Supreme Ct as expected. At least for now, peace reigns.
I must commend FSDH for this Market Outlook. One of the most striking things in the document is the fact that 15 of the most capitalized stocks are banking stocks. They represent over 20% of the market capitalization. When you think of it, that is a very high percentage. It shows that the Nigerian Stock [...]
In: Market Analysis
14 Feb 2008Here is a write up by Meristem Securities on the facts about Penny Stocks The Nitty Gritty of Penny Stocks Blue Chip companies are made rather than born contrary to the perceptions of some investors. They have to work through the different growth phases/business life cycles everyone else. Unfortunately, some investors believe that the [...]
In: Market Analysis
14 Feb 2008The stock matrix below was prepared by Bank PHB and places the stocks in one of four quadrants (The Honey Zone, High Flyer, Safety Zone and Sell) based on the expected risk and returns.
Here is the 2008-outlook.pdf by CSL Securities.
Analysis of Some Insurance Stocks – Courtesy of Proshare NG. Analysis of Some Insurance Stocks
This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!