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Telcos’ 50% tariff hike: A lifeline or a double-edged sword for MTN and Airtel investors?
Overall, the 50% tariff increase, effective January 2025, marks a significant opportunity for MTNN to recover from its recent financial challenges. While the macroeconomic environment remains tough, the new tariff offers substantial upside potential for the company’s revenue, profitability, and investor returns. If you are a long-term investor, this is a good time to buy into MTNN at its…
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Seplat Energy Plc: Will it gain another 147% in 2025?
Seplat Energy Plc has emerged as one of the most prominent success stories on the Nigerian Stock Exchange (NGX), delivering impressive returns over the past two years. After achieving a 110% gain in 2023, the company achieved another impressive 147% gain in 2024, closing the year at N5,700 per share and a market capitalization of N3.35 trillion; the fifth most valuable on the NGX. As 2025…
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Transcorp Power posts 115% pre-tax profit growth, proposes N3.5 Final dividend for FY 2024
Transcorp Power Plc achieved remarkable milestones in its fiscal year 2024, showcasing strong growth in revenue and profitability. According to its audited results submitted to the Nigerian Exchange (NGX), the company recorded a 114.71% year-on-year (YoY) growth in profit before tax, reaching N113.287 billion. Revenue surged to N305.9 billion, reflecting an impressive 115.27% YoY growth. –READ…
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New listings and fresh capital add N5 trillion to NGX’s Market Cap in 2024
The Nigerian Exchange Limited (NGX) experienced remarkable growth in 2024, as a wave of equity listings and capital-raising initiatives propelled market metrics. The total market capitalization surged by 53.37% year-to-date, climbing from N40.918 trillion to N62.76 trillion, while the All-Share Index (ASI) advanced by 37.65%, closing the year at 102,926.40 basis points. This significant…
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New listings and fresh capital add N5 trillion to NGX’s Market Cap in 2024
The Nigerian Exchange Limited (NGX) experienced remarkable growth in 2024, as a wave of equity listings and capital-raising initiatives propelled market metrics. The total market capitalization surged by 53.37% year-to-date, climbing from N40.918 trillion to N62.76 trillion, while the All-Share Index (ASI) advanced by 37.65%, closing the year at 102,926.40 basis points. This significant…
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How much is your N1 Million investment worth in forex vs. equities vs. bonds?
For example, a N1 million investment in specific stocks would have generated theoretical returns of: SUNUASSUR – over N9 million; EUNISELL – N6 million; Transcorp – N4.8 million; Conoil – approximately N4.6 million; and Tantalizer – about N4.1 million, etc. – READ MORE
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ETFs outperform underlying indexes in 2024: A good hedge in 2025?
In 2024, Exchange-Traded Funds (ETFs) on the Nigerian Exchange (NGX) delivered impressive returns, outperforming their underlying indexes and offering investors an alternative to individual stock investments. With some ETFs achieving returns as high as 116% and an average Year-to-Date (YtD) gain of 45% as of December 20, 2024, these investment vehicles proved to be a standout choice. READ MORE
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Amidst increased leverage plans, is PRESCO a Buy, Hold, or Sell?
Overall, Presco may remain a Buy for long-term investors who are confident in the company’s ability to leverage the GOPDC acquisition for future profitability and expansion. These investors should be comfortable with the stock’s lower volatility and may not expect dramatic price movements in the short term, but rather steady growth over time. For risk-averse investors, while the stock’s low…
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Where should Nigerians invest N1 million this year?
The best place to invest N1 million in 2025 would be a diversified portfolio consisting of various sectors; oil and gas sector stocks, such as Seplat, Conoil, and Aradel, insurance sector alongside banking sector stocks. READ MORE
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Nigeria’s 2025 budget bill: A boon or bane for the stock market?
Nigeria’s 2025 budget bill, with its mammoth N49.740 trillion expenditure and N13.388 trillion deficits, presents a fiscal puzzle with high stakes for the stock market. While the government heralds it as a transformative plan to propel economic growth, the reliance on debt financing and its cascading effects raises uncomfortable questions about sustainability and investor confidence. Will the…
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Where should Nigerians invest N1 million this year?
The best place to invest N1 million in 2025 would be a diversified portfolio consisting of various sectors; oil and gas sector stocks, such as Seplat, Conoil, and Aradel, insurance sector alongside banking sector stocks. While banking stocks underperformed in 2024 compared to 2023, the principle of “buy low, sell high” presents an opportunity to capitalize on potential recovery and growth in the…
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Monthly Net Asset Value(NAV) of Exchange Traded Funds(ETFs)
Monthly Net Asset Value(NAV) of Exchange Traded Funds(ETFs) –READ MORE
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Bitcoin Weekly Forecast: Slow but positive start
Bitcoin price edges slightly down, trading around $96,500 on Friday after recovering over 2.5% this week. Bitcoin’s historical monthly returns data shows BTC generally yielded modest returns for traders in January, averaging 3.35%. On-chain data suggests the bull market is still intact, and the current phase appears to be a cooling-off period rather than a cycle peak. Bitcoin (BTC) edges…
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... Bucks 2015 to 2019 trend
Nigerian Exchange Limited (NGX) All Share Index closed 2024 with an impressive annual growth of 37.65 percent. The positive has marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive in the 2020s. Following the oil price crash in 2015 and the ensuing recession in 2016, the 2020s have ushered in a period of unprecedented growth for Nigeria’s…
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Five multinational companies that exited Nigeria in 2024
While the Nigerian government celebrates recent multi-million dollar investments in the country, several multinationals have also left Nigeria by either divesting their operations in the country or selling their stakes to new investors. A notable exodus of multinationals recorded this year can be attributed to the country’s economic challenges particularly the poor value of the naira, swelling…
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Transforming Nigeria’s power sector: Major milestones and challenges in 2024
The Nigerian transportation sector in 2024 was marked by a mix of progress and setbacks, with key events shaping the landscape across roads, rail, and aviation. From ambitious infrastructure projects and policy shifts to disruptions and controversies, the sector has been a focal point of national attention. While some initiatives aimed at enhancing connectivity and operational efficiency made…
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Oil and gas: The best performing index in 2024 with 160% YtD gain
The Nigerian oil and gas sector emerged as the best-performing index in 2024, delivering a 160% YtD gain and outpacing its impressive 125% rise in 2023. This remarkable performance boosted the broader market index (ASI), which gained 37.65% YtD to close at 102,926.46 points. Unlike the ASI, which dipped mid-year before recovering, the oil and gas index maintained steady growth from 24.09% in Q1…
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