Chairman King » NSE

Nigerian Stocks May Rise 43% This Year, CSL Stockbrokers Says

Staff Writer — Tue, 12 Jan 2010 15:40:19 +0000

Nigeria’s benchmark stock index may rise 43% this year as bank shares gain, CSL Stockbrokers Ltd. said in today. The brokerage is “overweight” Nigerian equities and high- yielding bank deposits while it is “underweight” on government bonds and Treasury bills, it said. Nigeria’s economy may expand 6.5% this year and 7% in 2011, CSL forecast. About CSL Stockbrokers CSL [...]

VIDEO: Health of the Nigerian Market + Stanbic IBTC to Set Up Two New Fixed Income Funds in Nigeria: CNBC Africa Interview with Shuaib Audu, Head, Investment Management, Stanbic IBTC

Staff Writer — Sun, 20 Dec 2009 16:31:21 +0000

African Exchanges Attract Emerging Markets Investors: TradeInvestAfrica Interview with Andre DeSimone, Executive Director, Kestrel Capital

Staff Writer — Tue, 08 Dec 2009 15:54:08 +0000

Sub-Saharan African markets are attracting interest from foreign fund managers seeking to diversify risks in their global portfolio. Andre DeSimone, Executive Director at Kestrel Capital tells us why Africa’s stock markets continue to perform remarkably well despite their small size and low liquidity. The global financial crisis affected African markets resulting in, among other problems, the [...]

Key Facts on Kenya’s Banking Sector

Staff Writer — Mon, 07 Dec 2009 15:17:16 +0000

Kenyan banks have posted their results for the third quarter and, apart from a few exceptions, are expected to post modest profit growth for 2009 as a whole. Following are key facts about Kenyan banks: * The industry posted an 11% growth in assets for the year ended September to 1.31 trillion shillings ($17.5 billion). * Total [...]

VIDEO: The Demutualization of the Nairobi Stock Exchange (NSE)

Staff Writer — Sun, 06 Dec 2009 18:32:55 +0000

VIDEO: Overhauling Nigeria’s Financial Sector

Staff Writer — Fri, 04 Dec 2009 15:46:28 +0000

Central Bank of Nigeria (CBN) Asset Management Company (AMC): Next Big Player in Nigeria’s Banking Sector, Says Lamido Sanusi

Staff Writer — Mon, 30 Nov 2009 14:24:58 +0000

n Asset Management Company (AMC), to be floated soon by the Central Bank of Nigeria, is going to be the next big player in the regulation of the nation’s financial system. The past five months since the appointment of Lamido Sanusi as CBN governor were dominated by the apex bank’s whirlwind intervention in nine banks, which [...]

VIDEO: Eye on Lagos – Model City Finance

Staff Writer — Mon, 09 Nov 2009 13:05:44 +0000

Bloomberg is First to Provide Real-Time Nigerian Stock Exchange (NSE) Market Data

Staff Writer — Mon, 02 Nov 2009 15:38:06 +0000

The real-time market data feed from the Nigerian Stock Exchange (NSE) is now available to investors across the globe via the BLOOMBERG PROFESSIONAL® service. With this development, Bloomberg users can access real-time trade reports, order book updates, and index pricing from the Nigerian Stock Exchange. Bloomberg is the first vendor to carry Nigerian Stock Exchange data [...]

What’s Next for Nigeria’s Banks?

Staff Writer — Thu, 29 Oct 2009 16:45:40 +0000

ince the audit results of the remaining 14 Nigerian banks was announced earlier in the month, there has been much speculation about foreign take-overs of the troubled institutions, as well as mergers within the sector. Going forward, the Central Bank of Nigeria (CBN) will also have to actively manage the financial health of the banks [...]