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  1. Edwin sylvester

    banks earn N18.4 billion from account maintenance

    The banks have made a lot from their account maintenance charges, who would have thought that N25 or N50 could make these guys billions? Nigeria’s tier-1 banks — comprised of First Bank, UBA, GTBank, Access Bank, and Zenith Bank (FUGAZ) — generated a total of N18.4 billion from bank maintenance...
  2. Edwin sylvester

    UAC annual general meeting

    Annual General Meeting of the Members of UAC of Nigeria PLC will be held at UAC House No. 1-5 Odunlami Street, on Wednesday, 15th July, 2020
  3. Edwin sylvester

    Canopy cannabis lose $1.3B

    the cannabis industry leader, disclosed a loss of 1.3 billion Canadian dollars, but promises better times ahead.
  4. Edwin sylvester

    Chevron dismiss large number of staffs

    The United States super oil major, Chevron Corporation, has slated 6,750 staff for sack in one of the biggest global mass disengagement of work force. The mass sack, the company with third biggest Joint ventures in Nigeria said, represents a cut of between 10 per cent and 15 per cent of its...
  5. Edwin sylvester

    Maintenance Of All Bridges In Lagos, Drains Evacuation

    The Federal Controller of Works in Lagos, Mr Kayode Popoola, on Sunday said the government had begun “systematic maintenance of all bridges in Lagos’’ to ensure smooth rides and safety. Popoola told the News Agency of Nigeria (NAN) on the telephone that government had a schedule to fix all...
  6. Edwin sylvester

    Coca cola in 1903 had cocaine in it

    Coca-Cola stopped putting cocaine in its soda in 1903 due to its explosive use by the African-American community. The Whites feared that Black men were getting high on the drink and thus posed a great "rape" threat to White women. Southern newspapers reported that “negro cocaine fiends” were...
  7. Edwin sylvester

    Headlines to impact stocks next week

    Trumps social media bill Oil price rise China/USA tension US exit WHO IMF advice banks to suspend dividend payments.
  8. Edwin sylvester

    Technology leading the banks with 3.4 million holiday transaction

    Banks online services recorded a massive 3.4 million transactions, showing and customers are having more confidence in online transactions that in the past.
  9. Edwin sylvester

    Nigerian Breweries, Stanbic leads a crushing N9B gain in NSE

    A huge come back from the sallah brake was led by Nigerian Breweries, Stanbic. Consequently, the All-Share Index rose by 10.66 basis points or 0.07 per cent to close at 25,221.23 index points as against 25,204.75 recorded last Friday while market capitalisation of equities appreciated by N9bn or...
  10. Edwin sylvester

    Fuel marketers are to gain N8B but retain pump price

    Due to the FG reduction in oil ex-depot price, marketers are expected to gain N8.3B in profit this month. Data obtained from the PPPRA Abuja showed that since the N25.28 reduction in the ex-depot price of petrol and PPPRA’s silence on price review, marketers had been making larger profit margins.
  11. Edwin sylvester

    IMF: shareholders should not expect banks dividend payments anytime soon

    Investor understand that the money invested in firms are used for the running of businesses to make profits which shareholders would cash out as dividend. Since the ease of lockdown, banks have fired a Number of staffs and reduced branches in operation to cut down loss and manage investment...
  12. Edwin sylvester

    Nigeria's banks dump N46.2bn on software

    With the fight for accurate service and security for customers monies, banks have spent N46.2b to acquire top notch software's and upgrades. This has shown the importance of IT and technology advancement in the banking industry which digital currency might soon be a top for Nigerian banks.
  13. Edwin sylvester

    Us/china conflict fundamentals crash Gold price

    The tension between USA and china starting from trade war and heightened by covid-19 has dropped the price of gold by 0.47% today.
  14. Edwin sylvester

    Crypto currency pose a threat to the dollar and USA economy

    As central banks all over the world develop their digital currency to stabilize their economy and I'm prove payment services, the us is not liking the idea as this world kick against the us dollar as a global currency for business and trade. Josh Younger an American financial analyst said...
  15. Edwin sylvester

    NSE to experience moderate activities due to holidays

    Market analyst feel that the stock market will experience low and moderate activities. Nkem Azinge said, "Going into next week, there is an OMO maturity coming in. So, that will help to ensure balance. It is a short trading week. So, liquidity will just be moderate,” In the FX market, the CBN...
  16. Edwin sylvester

    N150bn Sukuk bond now available for buyers

    The Debt Management Office disclosed that the FG has set in motion the sales of N150bn seven-year Sukuk bond offer meant for the development of road infrastructure in different parts of the country. The DMO Proceeds will be used solely for the construction and rehabilitation of key roads across...
  17. Edwin sylvester

    NIG gas revenue takes a N425.52bn fall in Q1

    The Minister of Finance, Budget and National Planning, Zainab Ahmed, has stated that Nigeria is facing its worse economic down turn in history, all thanks to covid-19 and and the fall of oil price, the funds expected for the 2020 budget has bewn hit hard by the economic bad frame. The minister...
  18. Edwin sylvester

    Shareholders of FCMB, UBA, 5 Others Expect Dividend Payment Alerts This Week

    http://nsmnews.com/threads/nigerias-stock-brokers.1031/
  19. Edwin sylvester

    Nigeria's stock brokers

    Operating a Nigerian stock broker is like operating another international stock broker, but you have to confirm with NSE the active list of stock brokers. Ypu could check for favourable terms with a broker such as spread value, leverage and payment options. Now to switch to another stock broker...