There are more than 10 Nigerian companies with market capitalizations exceeding N1 trillion, with Dangote Cement leading the pack at N11.8 trillion, followed by Airtel Africa and MTN Nigeria with N7.5 trillion and N6.1 trillion, respectively. This data, obtained from the Nigerian Exchange (NGX), highlights the impact of the recent bullish market trend. Their influence … Read more
5,000 units of BUA Foods shares, purchased at N40 per share when it was listed on the Nigeria Exchange (NGX) on January 5, 2022, are now worth N1,359,000 (January 2024). This increase is due to the rise in BUAFOODS stock price, which reached N271.8 at the close of trading on January 26, 2024, thanks latest bullish market. … Read more
Incorporated on November 8, 2000, MTN Nigeria (MTNN) is part of the MTN Group, Africa’s leading cellular telecommunications company with operations in the Middle East. MTNN Share Price May 10, 2022: Open: NGN249 Close: NGN240 Change: -9 Market Capitalisation: NGN4,885,083,132,000.00 (as of Tuesday , May 10, 2022) It officially launched in 2001, when the first call was made … Read more
One of the ways to tap into investing opportunities of companies listed on the Nigerian Exchange Limited (NGX) is to closely monitor activities or talk to registered and regulated stockbrokers or an investment advisor. There are different securities ready to invest in the NGX apart from the time to time Public Offer that may be … Read more
One of the ways billionaires make more money is through fixed income securities because they protect their principal and turn in interest. It is one of the sweetest ways to protect ones hard-earned money while you concentrate on other money-generating tasks. But is it specifically designed for the rich? Can an average earner invest in … Read more
Some newcomers in stocks who participated in the just-concluded Public Offer (PO) by MTN Nigeria taught once you buy a stock that’s all. Here is what you need to know about the allotment of shares and what the Company and Allied Matters (CAMA) says about the process of issuing them. What is Share Allotment? Allotment … Read more
Hundreds of people who want to invest in stocks either don’t know how to get started or don’t have enough information about stocks in Nigeria which they can buy, we’ll guide you on how you can the technological advancement in stocks trading. Disclaimer: The fact that you can make money from trading stocks also comes … Read more
One of the biggest industries in the world is sports betting. Some bettors have become addicted to betting so that they feel unrest when they are disabled financially to place a bet when two clubs play. A sports analyst said sports betting is becoming a pandemic in Nigeria “where mothers send their kids to place … Read more
If you subscribed to a public offer between 2005 and 2010, you’re most likely one of the millions of shareholders who received their share and dividend certificates via the postal system. But technology has advanced the way we invest. As such, here is the guide on how to activate electronic dividends, or e-dividends, by filling … Read more
If you want to invest in FGN saving bonds, Treasury Bills, stocks, and other securities in Nigeria, your first stop should be the official website of the Security and Exchange Commission (SEC), NGX, or the Debt Management Office (DMO). After getting the list of the licenced stockbroking firms and primary dealers, you can inquire how you … Read more