Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... VSPBONDETF 83.15  FTNCOCOA 10.00  TIP 10.00  JULI 9.97  CHAMPION 9.94  PZ 9.93  TRANSCORP 9.93  ACCESSCORP 9.92  STERLINGNG 9.89  UPDC 9.85  BUACEMENT -10.00  CONOIL -10.00  MTNN -9.96  THOMASWY -9.78  SOVRENINS -6.52  MERVALUE -5.80  CORNERST -4.76  NASCON -3.94  FIDELITYBK -3.85  VETINDETF -3.07 
Get IDIA - the stock trading app for the modern investor
Daily Business News Brief
(Source: GlobalView Capital Limited, Date: 09-Feb-2024)
Daily Business News Brief February 9th, 2024
Equities sustain sliding profile, index dips by 0.9% - Guardian

Following price depreciation in many blue chip stocks, the Nigerian equities market sustained sliding profile yesterday as the all share index (ASI) to slide further by 0.9 per cent.At the close of transactions yesterday, the index declined by 878.64 points, representing a loss of 0.86 per cent, to close at 101,227.67. Similarly, the overall market capitalisation value shed N481 billion to close at N55.390 trillion., .............................................. ........................... .. . .,.. ............ ........ ..................... ... .. ...... ..  .... . ........... .......... ............. . ..... . ... ........................ https://guardian.ng/business-services/equities-sustain-sliding-profile-index-dips-by-0-9/

"˜Inflation, exchange rate will influence 2024 banks' performance' - Punch

Financial analysts have projected that several factors, including the management of inflation, exchange rate by the Central Bank of Nigeria and technological advancements will be the major determinants of the performance of the banking sector performance in 2024.The Head of Financial Institutions Ratings at Agusto and Co, Mr Ayokunle Olubunmi, while speaking at a forum organised by the Finance Correspondents Association of Nigeria on Thursday in Lagos, stated that predicting the exact outcome was difficult due to the dynamic interplay of these elements....................,....... ... .... ...... . ......... . .................. . ............................... ....:,..... ... ........... .. ........  . ......... .., ... .. .,....... .. ...... . ..... . ... ........................ https://punchng.com/inflation-exchange-rate-will-influence-2024-banks-performance/

Cadbury's shareholders approve loan conversion to equity - Guardian

Shareholders of Cadbury Nigeria Plc have approved the conversion of an outstanding intercompany loan of $7.718 million (₦7.036 billion) owed to its majority shareholder, Cadbury Schweppes Overseas Limited, to equity.The shareholders gave Cadbury Nigeria the nod at an extraordinary general meeting (EGM), which took place on 8 February 2024 in Lagos.. ........................................................................................................ ....... .. ,............... ...... ..............,................. ....:,..... ... ........... .. ........  . ......... .., ... .. .,....... .. ...... . ..... . ... ........................ https://guardian.ng/business-services/cadburys-shareholders-approve-loan-conversion-to-equity/

TotalEnergies Marketing posts N17.6 billion pre-tax profit in 2023, marking a 28% decline from 2022 - Nairametrics

TotalEnergies Marketing Nigeria Plc, a member of the TotalEnergies Group, and a player in the petroleum downstream sector has released its unaudited financial statements for 2023.The company posted a pre-tax profit of N17.6 billion in FY 2023, which reflects a 28% decline from the N24.5 billion pre-tax profit posted in 2022........................................................., ..... ....... .. ,............... ...... ..............,................. ....:,..... ... ........... .. ........  . ......... .., ... .. .,....... .. ...... . ..... . ... ........................ https://nairametrics.com/2024/02/08/totalenergies-marketing-posts-n17-6-billion-pre-tax-profit-in-2023-marking-a-28-decline-from-2022/

Q32024: FMN Profit Up 29%, Records Standout Performances - Independent

Flour Mills of Nigeria Plc (FMN), Nigeria's leading integrated food business, announced stable financial results for the third quarter of 2024, highlighting volume growth, improved profitability, and strong performance across its core business segments.Gross profit increased by 264 per cent to N125.3 billion compared to the equivalent period of prior year. Profitability also remained resilient, with profit before tax increasing 29 per cent........................................................., ..... ....... .. ,............... ...... ..............,................. ....:,..... ... ........... .. ........  . ......... .., ... .. .,....... .. ...... . ..... . ... ........................ https://independent.ng/q32024-fmn-profit-up-29-records-standout-performances/

Top News

DAILY PRICE LIST - 01-03-2024

SECURITIES AFRICA NIGERIA RESEARCH
01-Mar-2024 18:11:56.000

CardinalStone Research: Banking Sector Update - Impact of ongoing monetary reforms and the banking sector

CARDINALSTONE RESEARCH
01-Mar-2024 18:09:46.000

MTN Earnings Update

SAMTL
01-Mar-2024 18:06:07.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (01-Mar-2024 15:07:58.855)

INFOWARE TERMINAL
01-Mar-2024 15:07:58.000

InfoWARE Analyst Daily Market Report (01-Mar-2024 15:07:53.851)

INFOWARE TERMINAL
01-Mar-2024 15:07:53.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
01-Mar-2024 11:15:01.000

Media Highlights 01-03-2024

CARDINALSTONE RESEARCH
01-Mar-2024 11:10:39.000

BUA Cement - FY 2023 QUICK TAKE

CSL RESEARCH
01-Mar-2024 11:08:38.000

Arthur Stevens : DAILY NEWS FLOW 1st March, 2024

ARTHUR STEVENS ASSET MANAGEMENT
01-Mar-2024 09:57:50.000

CSL Nigeria Daily - 01 March 2024

CSL RESEARCH
01-Mar-2024 09:44:57.000

CardinalStone Earnings Update - Seplat Energy Plc FY'23 audited results - SEPLAT joins the billion-dollar revenue club in FY23

CARDINALSTONE RESEARCH
29-Feb-2024 16:13:00.000

Daily Price List for 29th February 2024

ARTHUR STEVENS ASSET MANAGEMENT
29-Feb-2024 16:11:35.000

Daily Price List 29-02-24

CARDINALSTONE RESEARCH
29-Feb-2024 16:09:09.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (29-Feb-2024 15:09:20.936)

INFOWARE TERMINAL
29-Feb-2024 15:09:20.000

InfoWARE Analyst Daily Market Report (29-Feb-2024 15:09:12.063)

INFOWARE TERMINAL
29-Feb-2024 15:09:12.000

Coronation Research Daily Insights

CORONATION RESEARCH
29-Feb-2024 13:11:25.000

Media Highlights 29-02-2024

CARDINAL STONE RESEARCH
29-Feb-2024 12:39:02.000

Morning Flash - Naira rises to 1,609/$ at official market

SECURITIES AFRICA NIGERIA RESEARCH
29-Feb-2024 12:10:54.000

Arthur Stevens : DAILY NEWS FLOW 29th February, 2024

ARTHUR STEVENS ASSET MANAGEMENT
29-Feb-2024 11:41:27.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (28-Feb-2024 15:16:54.005)

INFOWARE TERMINAL
28-Feb-2024 15:16:54.000

InfoWARE Analyst Daily Market Report (28-Feb-2024 15:16:41.880)

INFOWARE TERMINAL
28-Feb-2024 15:16:41.000

Coronation Research Daily Insights

CORONATION RESEARCH
28-Feb-2024 12:33:37.000

CSL Nigeria Daily - 28 February 2024

CSL RESEARCH
28-Feb-2024 12:30:00.000

Morning Flash - CBN begins weekly sale of $15.7m to 785 BDCs

SECURITIES AFRICA NIGERIA RESEARCH
28-Feb-2024 12:19:46.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
28-Feb-2024 10:02:08.000

Daily Price List for 27th February 2024

ARTHUR STEVENS ASSET MANAGEMENT
27-Feb-2024 16:48:46.000

Daily Price List 27-02-24

CARDINALSTONE RESEARCH
27-Feb-2024 16:46:46.000

Closing Share Prices as at Tuesday, 27th of February 2024

AFRINVEST RESEARCH
27-Feb-2024 16:43:35.000

MARKET PERFORMANCE REPORT

GLOBALVIEW CAPITAL LIMITED
27-Feb-2024 16:41:59.000

BREAKING: CBN HIKE MPR BY 4.00%

SECURITIES AFRICA NIGERIA RESEARCH
27-Feb-2024 16:37:05.000
Get IDIA - the stock trading app for the modern investor
Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

  • Email: solutions@infowarelimited.com
Follow Us
 
facebook twitter skype youtube
Market data may be delayed up to 15 minutes