TotalEnergies Marketing Nigeria Plc released its Q3 2021 Unaudited results for the period ended September 30th, 2021. Key Highlights Revenue grew by 60% to N242bn from N152bn in the previous quarter. Profit before tax grew by 881% to N19.7bn. Profit after tax grew by 344% to N13.4bn. Net Assets grew by 36% from N28bn to […]
Nine multinational oil companies including Chevron and ExxonMobil will pay the Nigerian National Petroleum Company Limited a total of N156.148bn this for the August 2021 domestic crude oil exports, the NNPC has said. A document obtained from NNPC in Abuja on Sunday showed that the firms, which were joint venture partners of the national oil […]
NGX Insurance Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) appreciated marginally by N596.41 million amid the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retaining all policy parameters in order to further boost the nation’s economic growth. The MPC members unanimously voted yesterday to retain Monetary Policy Rate […]
The market capitalisation of stocks listed on the Nigerian Exchange Limited remained unchanged at the end of trading on Tuesday as trading volumes fell, reversing Monday’s uptrend. The NGX All-Share Index dipped by 4.99 basis points from 43226.27bps to 43.255.14bps on Monday, while the market capitalisation stood unchanged at N22.58tn. The market activities were bearish […]
Three large-cap companies including Berger Paints Bangladesh are set to be offered with time extension to offload more shares in a bid to avert negative impact on market prices. The Bangladesh Securities and Exchange Commission (BSEC) has decided to consider a time extension after bilateral discussions recently held with the companies. Apart from the Berger, […]
Mini CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today: Indian shares are likely to start Monday’s session on a positive note amid gains across most other Asian markets. At 8:21 am, Nifty futures trading on Singapore Exchange — an early indicator of the Nifty50 index […]
Apple shares hit a new record on Friday, with its stock up more than 1% and trading at over $160. This happened after Bloomberg made a report that the company is starting to fast track plans to launch its new, self-driving vehicle. The full report made by Bloomberg News mentioned that the tech giant is […]
By Dipo Olowookere It was a busy trading day on the floor of the Nigerian Exchange (NGX) Limited on Monday as the market closed 0.14 per cent higher, putting an end to the losses reported in the past three consecutive sessions. News of the acquisition of Honeywell Flour Mills by a rival company, Flour Mills […]
In our recent publication ‘ Equities for a Superior Return ‘ we created a hypothetical portfolio of 10 stocks, each with a high Return on Equity and backtested the performance to 1 January 2016. Our readers then asked: "What makes a good equity?" FX Last week, the exchange rate at the Investors and Exporters Window […]
NGX Insurance Darasimi Adebisi Transactions on the stock market of the Nigerian Exchange Limited (NGX) yesterday commenced on a positive note as large and medium capitalised stocks appreciated. The market positive performance was driven by price appreciation in Airtel Africa Pl, Total Nigeria Plc, Unilever Nigeria Plc, PZ Cussons Nigeria Plc, and Guinness Nigeria Plc. […]
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.