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Nigerian Firms FX Losses Hit N716.8bn on Naira Devaluation

…MTN, Nestle, Airtel book biggest charge …impact to continue into second half, 2023 DOZIE IFEBI Nigerian stocks which have rallied hard since the implementation of major reforms...

Nigerian Banks 10x Valuation Gap vs South Africa, a Reality Check for Access, GTCO

…continental expansion dreams All 13 listed Banks on Nigeria’s equity market have a market capitalization 10 times less than their South African peers, according to...

Geregu Stock Price Soars as Investors Cheer PPP Deal, Solid Earnings

…Analysts forecast stock to cross N1,000 level …Receives N32 billion from Amperion Power Geregu Power stock price may just be marking time and consolidating on its...

Akinwumi Adesina: Transformed Agriculture in Nigeria, Now Taking AfDB to Greater Heights

A few days ago, President Bola Ahmed Tinubu declared a national food emergency. Given the global impacts of the war in Ukraine on fertilizer and...

Drug Makers Attractive Valuations, a Cure for Value Investors’ Apathy

Value investors who are oblivious of the equity market rally and have their monies parked in the bond market could be part of the...

What it Means For You as CBN Devalues Naira on I&E Window

The Central Bank of Nigeria (CBN) is now allowing banks to freely trade Foreign Exchange (FX) on the Investors and Exporters FX Window, by...

Buy These Bank Stocks for Capital Gains, Dividend Income

Banks are vibrant stocks that investors should add to their portfolio as they will continue to benefit from the ongoing rally in the equity...

MyCredit Investment (Fairmoney) Posts N3.73bn Loss as Impairment Charge Eats 82% of Net Interest Income

MyCredit Investments Ltd. (FairMoney or the Company) has capitulated to huge impairment charges on financial assets which ate up 82 percent of its net...

Otedola Sends Wake-up Call to Sleepy Nigeria Boardrooms

…with page out of Carl Icahn's playbook ...Transcorp investors seek meeting with Board over performance PATRICK ATUANYA Billionaire investor Femi Otedola is shaping up to be the Carl...

MTN Nigeria 2023 Data Revenue to Surpass Voice in Seismic Shift

MTN Nigeria will be propelled by data usage by its consumers in 2023, rather than voice for the first time since its launch some...

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