EQUITY analysts at CSL Stockbrokers Limited have advised investors to sell Unilever Nigeria Plc stock due to disappointing earnings. The company’s share was downgraded to sell following its loss making …
Capital Market
FOLLOWING the ongoing stock market recovery, Lafarge, Nigerian Breweries, Stanbic IBTC and GTBank topped the best performing stock, says Chapel Hill Denham. The Nigerian stock market staged a remarkable rebound …
THE Nigerian Bond market reacts to rate cut as yields on government securities plunged to a new low, according to Chapel Hill Denham’s fixed income market report. The firm stated …
- Business & EconomyCapital Market
Low interest rate: CHD advises investors on high dividend yield stocks
by Prince Tobyby Prince TobyAS an entry or re-entry points, investment experts at Chapel Hill Denham Limited (CHD) have advised investors to buy high dividend yield stocks for 2021 on account of cheap valuation. …
- Business & EconomyCapital Market
NSE gains ₦106.7b as policy rate cut raises sentiment
by Prince Tobyby Prince TobyPRICE appreciation in some highly capitalised stock raised the performance of the Nigerian Stock Exchange Thursday amidst policy rate cut which analysts say may rechanneled investable funds into the equities …
- Business & EconomyCapital Market
Equities investors gain ₦28.28bn amidst policy rate cut
by Prince Tobyby Prince TobyINVESTORS’ fortune rose N28.8 billion Tuesday amidst 100 basis points policy rate hacks by the Central Bank of Nigeria‘s Monetary Policy Committee. The local bourse recorded a positive performance as …
- Capital Market
Pay attention to MTNN, analysts pitch 61% upside to investors
by Prince Tobyby Prince TobyEquity analysts at Chapel Hill Denham have set 12-month price target of ₦180.38 per share for MTN Nigeria Plc, thus advise investors to Buy the underlie assets for possible upside …
- Capital Market
Neither buy nor sell Stanbic IBTC share, analysts advise investors
by Prince Tobyby Prince TobyStanbic IBTC Holdings Plc posted an impressive first half of 2020 result underpinned by double-digit growth in the bottom line amidst economic challenges worsen by COVID-19 pandemic. However, following an …
A total turnover of 2.209 billion shares worth N10.957 billion in 18,013 deals were traded in the first week of September by investors on the floor of the Exchange, in …
- Business & EconomyCapital MarketLatest News
NNPC invites tender for sale, purchase of crude oil grades
by Prince Tobyby Prince TobyThe Nigerian National Petroleum Corporation (NNPC) has called on all “interested and credible companies” to participate in a tender for sale and purchase of Nigerian crude oil grades. A statement …