Flip-Flopping CBN Re-Introduces C.O.T Charges
The Central Bank of Nigeria (CBN) has reintroduced C.O.T charges for commercial banks just weeks after implementing the no C.O.T charge rule in 2016. The Bank in a circular titled…
List Of Best And Worst Stocks In Nigeria Last Week
The NSE All-Share Index and Market Capitalization appreciated by 1.33% to close the week at 23,826.50and N8.194 trillion respectively. Similarly, all other Indices finished higher during the week, with the…
SEPLAT Estimates 2015 Revenue To Be Between $550 million and $600 million
Seplat Petroleum Development Company Plc, a leading indigenous Nigerian oil and gas exploration and productioncompany with a strategic focus on Nigeria, listed on the Main Market of the London Stock…
Chinese Firm Opens Auto – Assembly Plant In Lagos
In support of the Federal Government’s auto policy, a Chinese firm, has joined the list of foreign companies that have established automobile assembly plant in Nigeria. Perfection Motors Company Limited…
Government Finally Gives Up On Kerosene Subsidy, Kerosene Will Now Sell For N83
The Petroleum Product Pricing Regulatory Agency has removed subsidy on Kerosene. This PPPRA in its website released a new template that puts the retail price of Kerosene at N83 per…
Implication Of Having A Mispriced Naira
I got a lot of stick from accountants from the last article I wrote so I start by tendering an apology I did not intend to belittle the noble profession.…
Rencap List Banks You Should Buy, Sell or Hold If The CBN Devalues By 20%
Leading Investment Banking Firm and Fund Managers, Renaissance Capital has issued a buy or sell report in anticipating of a devaluation of the naira by about 20%. The Investment firm…
December PMI: Warehousing Tops List of 18 Businesses Doing Well In Nigeria
The Nigerian economy is in turmoil and businesses are expected to record revenue declines and losses when they declare their results in the next few weeks. One of the key…
Opinion: Buhari Should Fund Budget Deficit With Pension Funds
My good friend Gbubemi Atiomo is usually very pensive. Not used to chicanery and hardly impressed. I have known him for a while and respect his approach especially his love…
Why This Stock Market Crash Is Different From 2009
Chart 1: Portfolio transactions 2007-2015NSE – 2007-2015Nairametrics Research In 2012 the Nigerian stock exchange put up a bold statement challenging itself that the market capitalization of the exchange will hit…