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The N100bn Gap That Shows Foreign Selloff of Nigerian Stocks

Nigeria’s $34 billion (N13.2 trillion) stock market is on pace to record the lowest foreign inflows since 2009, according to data compiled by MoneyCentral. Foreign...

Heineken Sees Value in Beaten Down Nigerian Breweries with N245mn Share Purchase

Heineken Brouwerijen B.V the major foreign shareholder in Nigerian Breweries has purchased N245 million worth of shares in the beaten down brewer in a...

Vanishing Equity Risk Premium Means Nigerian Stocks Will Struggle to Rally

The equity Risk Premium is the difference between returns on equity/individual stock and the risk-free rate of return. It is negative in Nigeria meaning...

Calm Down, Infrastructure in Lagos is a Mess

Lagos today has become somewhat hellish with too many infrastructure and security problems to contend with while those in governance play politics with practically...

Nigeria’s Crushing Debt Burden To China Edging Closer To Zambia’s Quagmire

Nigeria’s voracious appetite for loans/ debt financing particularly external borrowing from China in recent times has been condemned by many in various quarters as...

Nigeria Insurers Annuity Boom Fades as Bond Yields Collapse

Nigeria Insurers are cutting down on their annuity business portfolio as a collapse in fixed income yields elevates the risks inherent in the hitherto...

Lafarge a Buy as Profits Jump 158% on Lower Finance Costs, SA Exit

MoneyCentral considers Lafarge Africa a buy at these levels, after reporting a 158 percent increase in after-tax profits in the Half Year period (Jan-Jun)...

Subsidy Removal May Trigger Rally in Total, MRS, Conoil Shares

This could be the time to buy the stocks of downstream oil and gas firms as the adoption of a market –based price regime...

Tony Elumelu, The Enigma

“Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world.” Those words are words...

Savers, Investors are Biggest Losers from CBN Engineered Financial Repression

Nigerian Savers and investors are getting the short end of the stick, while the Federal Government feeds fat off their sweat, through a Central...

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