|
|
Useful Links |
 |
|
|
|
 |
|
|
Business & Finance in Nigeria |
|
|
|
|
|
|
News from Nigerian Stock Exchange |
|
|
-
Is it time to buy?
- Tue, 08 Dec 2009 21:10:31 +0000
With sixteen more trading days to go in the year 2009, the stocks quoted on the floor of the Nigerian Stock Exchange are nearing the final range of their year-to-date (YTD) percentage return for the year. The cement, food and beverages, breweries and conglomerate sectors gave succor to investors with modest YTD yield so far. [...]
 -
Re – FBN and the planned 2009 Bond Offer
- Sun, 18 Oct 2009 17:17:40 +0000
This article is in response to a blog post on Proshare: “FBN and the planned 2009 Bond Offer”
The core function of banks is to borrow money from depositors (mostly short term and with varying interest rates) and lend (preferably long term and with stable interest rates); this creates a mismatch between banks’ assets [...]
 -
Benefits of Consolidated CSCS Clearing House Number
- Thu, 06 Aug 2009 11:53:52 +0000
There is a need to differentiate between CSCS Clearing House numbers (CHN) and CSCS Investor Account Number for the benefit of beginner investors. CSCS Clearing House number (CHN) is the Alphanumeric which starts with the alphabet C and ends with two alphabets e.g. C67543AP. The number is designed to maintain a unique identity for every [...]
 -
Understanding Par Value Investing
- Fri, 31 Jul 2009 12:07:47 +0000
A company’s shares is said to be trading at par value when its current market price is the same as the value redeemable per share in the event of liquidation. In essence, the par value is the lowest price at which a stock can trade on an exchange and/or the face value of a stock. [...]
 -
Equity Analysis: Japaul Plc
- Thu, 30 Jul 2009 10:41:58 +0000
Japaul released its second quarter results for the period ended June 30, 2009 last week on the floor of the Nigerian Stock Exchange. It is the only one currently listed under the Maritime Sector of the NSE.
The results showed a 73.8% increase in revenues between the corresponding quarter of the previous year and the current [...]
 -
Transmitting your yet to be received share certificates into your cscs account.
- Sat, 25 Jul 2009 09:21:03 +0000
If you are still asking, ‘how do I receive my share certificate?’. You can now dematerialise it even without or before receiving the paper share certificate. Your consent to do so and a copy of your Central Securities Clearing System (CSCS) accounts statement, which is easily obtainable from your stockbroker or downloadable from CSCS website [...]
 -
Chevron records 62% increase in Q1 Turnover
- Tue, 21 Jul 2009 12:26:10 +0000
Chevron Oil Nigeria Plc recently released its unaudited result for the first quarter ended March 31st, 2009. The result shows 62% year-on-year increase in Q1 turnover from N8.58 billion in 2008 to N13.89 billion in 2009. The company equally improved on its net profit as N162.4 million PAT was declared against N190.63 million losses after [...]
 -
The Economies of the Dutch Auction Systems
- Mon, 20 Jul 2009 11:39:03 +0000
In January 2009, the former CBN Governor switched the foreign exchange trading to the Retail Dutch Auction System (RDAS) from the old Wholesale Dutch Auction System (WDAS). Exactly six months after that the CBN has gone back to the WDAS; although it was the ex-Governor that set the ball rolling.
What is the difference between the [...]
 -
Impact of reduction in MPR from 8% to 6% on the NSE
- Tue, 14 Jul 2009 11:16:17 +0000
The CBN made an aggressive move by slashing the Monetary Policy Rate (MPR) by 200 basis points from 8% to 6% last week. This is the second time the MPR would be reduced within six months and the reason behind this decision was the tightening liquidity in the general economy despite the first reduction that [...]
 -
Six Firms Declare Dividend
- Tue, 07 Jul 2009 08:00:30 +0000
A review of the company news released by the Nigerian Stock Exchange on Friday 3rd July, 2009 indicates that more companies are resolving to corporate actions (bonus and dividend declarations) in a bid to compensate investors for relatively stagnant prices in recent times. The Directors of six out of ten companies that released their final [...]
|
|
|
| |