Browsing: Uncategorized

Unattractive yields: investors wait on sideline, hold for medium-long term instruments

Nigerian GDP expands 2.27% in 2019 on stable oil production

Why Smart Companies Outsource Product Manufacturing. When new businesses fail, most of the time it’s due to running out of cash.

CBN injects $292.34 million into retail Secondary Market. The Central Bank of Nigeria (CBN) has injected the sum of 292.34 million dollars into the retail Secondary Market Intervention Sales (SMIS).

Zenith Bank earnings beat lifts share price as lender proposes N2.50 dividend. The share price of the Zenith Bank Plc reacted positively to the group earnings performance for the financial year 2019.

NB Plc: Dividend Aristocrat’s Revenue Miss Estimates Despite Price Raise. Nigerian Breweries Plc, a leading brewer with significant market share, raised it beers prices, but earnings still underperformed consensus analysts’ estimates for the financial year 2019.

Coronation’s experts say Naira to escape devaluation in 2020. Experts at Coronation Merchant Bank (CMB) have formed no devaluation consensus on Nigeria’s local currency, naira, for year 2020.

Stock market cap drops ₦12.2 billion due to sell-offs. The Nigerian Stock Exchange equities market capitalisation dropped by N12.2 billion on Tuesday to close at N14.3 trillion.

Headline inflation hits 12.13% as Rivers, Kogi witness decrease in price level. The nation’s headline inflation rate jerked up 15 basis points to 12.13 per cent according to data released by the statistics office today.

Honeywell share fails to budge as finance costs depress earnings. Honeywell Flour Mills Plc share price failed to budge as 9-month results underperformed analysts’ consensus estimates.