Nigeria Stock Exchange

If you invested N 1,000,000.00 in Dangote Cement at the beginning of 2019, you now have N 874,316.00

Our goal is to point Nigerians to the direction of making money. We sometimes use case studies and today case study is Dangote Cement. If we invested N 1,000,000.00 in Dangote Cement at the beginning of the year 2019 when Dangote Cement was at N 185 Naira per share. The money will be down to N 874,316.00 right now because the... [Read more of this article]

Nigeria bank fixed deposit rate

The economy in Nigerian is unfavourable to many Nigerias but there are many investments that a common man in Nigeria can take advantage of. Fixed deposit can be a robust investment for long term or short term profit. See the list below for the fixed deposit interest rates among Nigeria banks. Fixed Deposits Interest Rates of Nigerian BanksApril... [Read more of this article]

Nigeria Stock Exchange suspends 11 companies due to reoccurring​ violations

The NSE requires all listed companies to report their earnings on time and follow regulations in other to protect investors money. These companies violated the exchange policies, as a result, their shares have been suspended from trading. The list of eleven which included seven insurance companies and four others appear to have been found wanting... [Read more of this article]

Femi Otedola sold controlling shares in Forte Oil to focus on power generating plant.

The chairman of Forte Oil, Femi Otedola a farewell message to his successor. “A few years ago, my team and I embarked on an arduous task of transforming a moribund petroleum marketing business, African Petroleum Plc (formerly British Petroleum) into Forte Oil Plc; a leading integrated solutions provider with solid footprints in downstream... [Read more of this article]

Airtel Africa looking to raise ​$750 m via IPO through London Stock Exchange

Airtel Africa telecommunication company is planning to go public and the company will list on the London Stock Exchange. “The offer is targeted to raise $750 million (plus primary greenshoe option of up to 15 percent) and will be used to reduce net debt,” Bharti Airtel said in a regulatory filing. It added that Airtel Africa intends... [Read more of this article]

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