Author: Kingsley Ighomwenghian

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Daar: Again, Auditors Flag 2017 Loss, N1.25bn Unpaid Salary

Daar: Again, Auditors Flag 2017 Loss, N1.25bn Unpaid Salary

Directors of broadcast giant- Daar Communications Plc, on March 29, 2018 presented its audited result for the year ended December 31, 2017, the highpo...
Nigeria’s Currency-In-Circulation Climbs N101.99bn Up In March

Nigeria’s Currency-In-Circulation Climbs N101.99bn Up In March

The Central Bank of Nigeria (CBN) on Tuesday published latest data on currency-in-circulation (outside of bank vaults) which grew by N101.99bn Month-o...
NSE Boss Applauds Local Participation, Oversubscription Of N100bn Sukuk

NSE Boss Applauds Local Participation, Oversubscription Of N100bn Sukuk

Caption: From left, Oladele Afolabi, Director, Portfolio Management, Debt Management Office (DMO); Mrs. Hajara Adeola, Managing Director/CEO, Lotus Gr...
Why MPC Left Rate At 14%, By Capital Bancorp Analysts

Why MPC Left Rate At 14%, By Capital Bancorp Analysts

At its last meeting between April 3 and 4, 2018, members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) voted unanimously to retain ...
Abacha Loot: FG Received US$322.515m From Swiss Govt In Dec- Adeosun

Abacha Loot: FG Received US$322.515m From Swiss Govt In Dec- Adeosun

Nigeria’s Finance Minister, Mrs. Kemi Adeosun, on Tuesday said a total of US$322,515,931.83 as part of the recovered loot received into a Special Acco...
Okomu Oil Dazes Investors with Impressive Performance Indices

Okomu Oil Dazes Investors with Impressive Performance Indices

Company: Okomu Oil Palm Plc Rating: Hold Current Market Price: N72 Fair Value: N85.20 By Jeariogbe Tunde Segun (Indipendent Stock Market Analyst- ...
MTN Partners Ecobank, Unveils Details Of Nigerian IPO Soon

MTN Partners Ecobank, Unveils Details Of Nigerian IPO Soon

Rob Shute, chief executive of African telecommunications giant- MTN, on Tuesday morning in Lagos assured that plans for the Initial Public Offering (I...
AIICO Insurance: Good for Long-Term Investment

AIICO Insurance: Good for Long-Term Investment

Company: AIICO Insurance Plc Rating: Buy (Long Term) Current Market Price: N0.65 Fair Value: N1.69 By: Jeariogbe Tunde Segun (Independent Stock Ma...
Fixed Income: $210m CBN Intervention Keeps Interbank Rate Stable

Fixed Income: $210m CBN Intervention Keeps Interbank Rate Stable

Interbank Nigeria's Interbank remained relatively stable at its previous rate of N305.60/$, as the Central Bank of Nigeria (CBN) intervened in the ...
Investors To Begin Portfolio Realignments As Buhari Declares For 2nd Term Ambition

Investors To Begin Portfolio Realignments As Buhari Declares For 2nd Term Ambition

It was yet another very negative trading session on the Nigerian Stock Exchange (NSE) on Monday, as the declaration for second-term by President Muham...
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