Good day, Nigeria, welcome to Naija News roundup of business/finance news headlines for today Tuesday, December 21st, 2021. Nigerian stocks’ rise on Monday could hardly pass as gain as the benchmark index managed to add 0.1 per cent amid a drop in the volume of trade by 30 per cent. The little appreciation would not […]
Floor of the Nigerian Stock Exchange Nigerian stocks posted loss for the fourth day in a row on Thursday, declining 0.51 per cent as sell-offs in bellwether stocks including Seplat, MTNN, GTCO and Zenith triggered the pullback. All the five sector indexes tracked by the bourse contracted, with the oil and gas index taking the […]
High transactions in the shares of Oando, FBN Holdings and Guaranty Trust Holding Company (GTCO) lifted the volume of shares traded last week, as a turnover of 3.435 billion shares worth N30.9 billion was recorded in 21,109 deals by investors. A breakdown of activities on the Nigerian Exchange Limited (NGX), last week, indicated that the […]
As the year winds down, companies are beginning to issue their earnings forecast for the quarter ahead, which to a considerable extent will give investors a view of things to come. Yet, what will probably offer the best assurance for sound investment decisions at this time are sound fundamentals that can broaden companies earnings power […]
Nigerian equities saw a weak movement in price movement for the second day on the trot on Tuesday, inching up by as little as 0.01 per cent even though the quantity of shares traded rose by 94 per cent when set beside what was recorded on Monday. Investors placed sell orders on millions of shares […]
By Dipo Olowookere Nigerian stocks returned to the territory of the bears on Tuesday after depreciating by 0.01 per cent at the close of transactions by 2:30 pm. Renewed profit-taking in Oando, Access Bank, UBA, UAC Nigeria and 11 others weakened the market and caused the All-Share Index (ASI) to decrease by 6.14 points to […]
A picture illustration of dividends Fifty one out of the 156 firms quoted on the Nigerian Exchange Limited have not paid dividends in at least five years, with some reaching as far back as 26 years ago. That means roughly one in every three companies on the Nigerian bourse has not paid dividend to shareholders […]
Kayode Tokede Ecobank Transnational Incorporated Plc (ETI) for the nine months ended September 30, 2021 audited result and accounts reported stronger growth in profit, attributable to reduction in impairment charges on loans & advances to customers and effective management Operating Expenses (OPEX). The results underlined solid and resilient results amid numerous domestic and foreign challenges […]
Price losses recorded by some companies in the petroleum marketing subsector, especially MRS and Eterna oil yesterday dragged the All-Share Index (ASI) by 0.01 per cent. Specifically, at the close of transactions yesterday on the Nigerian Exchange Limited (NGX), the ASI declined by 6.14 per cent, representing a decrease of 0.01 per cent, to close […]
Tuesday, December 21, 2021 / 09:45 AM / by Coronation Research / Header Image Credit: iStock How does active portfolio management work? The best way to answer this question is to show a performance attribution model, comparing a passive investment approach with an active one. Our Model Equity Portfolio has such performance attribution. As readers […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.