Monthly Archives: May 2022

Comparative analysis of select manufacturing stocks The Bulls in the past few weeks have dominated the Nigerian stock market, triggered by sterling performance of FY 2021 and Q1 2022 results of listed companies on the Nigerian Exchange. Prices of stocks have been rewarded accordingly with some stocks hitting new 52 weeks high. Year to date, the All […]

The Nigerian stock market again closed on a bullish note last week, driven by growth in the share prices of MTN, Seplat, Dangote Cement, Okomu, Presco and 45 other stocks. The All Share Index and Market capitalization rose by 4.25% to settle at 53,098.46 points and N28.626 trillion respectively. An aggregate of 1.816 billion units of shares[…]

First City Monument Bank has partnered with the Mastercard Foundation to provide subsidised loans to Micro, Small, and Medium Enterprises to scale their operations and create work opportunities for young Nigerian women and men. The programme which was part of the Mastercard Foundation’s Young Africa Works strategy in Nigeria is  aimed to move Nigerian youths out of[…]