Market Views Archives - Nairametrics https://nairametrics.com/category/opinion-editorials/market-views/ Destination for Business news and analysis from Africa's largest economy Sat, 05 Jul 2025 16:10:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Market Views Archives - Nairametrics https://nairametrics.com/category/opinion-editorials/market-views/ 32 32 201037849 Champion Breweries shares up 246.46% — How other beer companies are performing in 2025  https://nairametrics.com/2025/07/05/champion-breweries-shares-up-246-46-how-other-beer-companies-are-performing-in-2025/ https://nairametrics.com/2025/07/05/champion-breweries-shares-up-246-46-how-other-beer-companies-are-performing-in-2025/#respond Sat, 05 Jul 2025 16:10:50 +0000 https://nairametrics.com/?p=518542 Brewery companies listed on the Nigerian stock market have delivered impressive performances so far in 2025, marked by rising share prices, higher trading volumes, and renewed investor interest across the sector. 

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GTCO’s $100 Million Accelerated Bookbuild: Why it makes sense https://nairametrics.com/2025/07/05/gtcos-100-million-accelerated-bookbuild-why-it-makes-sense/ https://nairametrics.com/2025/07/05/gtcos-100-million-accelerated-bookbuild-why-it-makes-sense/#respond Sat, 05 Jul 2025 06:22:19 +0000 https://nairametrics.com/?p=518504 GTCO has just announced a $100 million Accelerated Bookbuild (ABB), a capital raise being managed by Citibank, and what appears to be a significant move in the evolution of the bank’s listing journey.

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Ten best performing NGX stocks in the first half of 2025  https://nairametrics.com/2025/07/02/ten-best-performing-ngx-stocks-in-the-first-half-of-2025/ https://nairametrics.com/2025/07/02/ten-best-performing-ngx-stocks-in-the-first-half-of-2025/#respond Wed, 02 Jul 2025 05:05:09 +0000 https://nairametrics.com/?p=518292 The Nigerian Exchange (NGX) posted a moderate 16.57% year-to-date return in the first half of 2025; a slower pace compared to the 33.81% rally recorded during the same period last year.  

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Gold Rush: Nigeria is in the middle of a commercial paper boom  https://nairametrics.com/2025/07/01/gold-rush-nigeria-is-in-the-middle-of-a-commercial-paper-boom/ https://nairametrics.com/2025/07/01/gold-rush-nigeria-is-in-the-middle-of-a-commercial-paper-boom/#comments Tue, 01 Jul 2025 13:06:49 +0000 https://nairametrics.com/?p=518256 Nigeria’s financial landscape has witnessed a notable shift in corporate financing patterns, with Commercial Papers (CPs) emerging as a preferred short-term funding tool. 

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Conoil Q1 2025: Borrowing surge collapses profit, debt now exceeds equity  https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/ https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/#comments Wed, 25 Jun 2025 06:24:35 +0000 https://nairametrics.com/?p=517826 There was no FX loss. No surge in operating costs. Yet, Conoil’s Q1 2025 pre-tax profit collapsed by 93% to just N372 million, its lowest quarterly performance since 2021.  The primary culprit appears to be the 48% jump in short-term borrowing, funded through bank overdrafts at an average interest rate of 29.75%, nearly doubling the […]

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Why Total Energies’ Q1 2025 profit crashed: What investors should watch   https://nairametrics.com/2025/06/11/why-total-energies-q1-2025-profit-crashed-what-investors-should-watch/ https://nairametrics.com/2025/06/11/why-total-energies-q1-2025-profit-crashed-what-investors-should-watch/#respond Wed, 11 Jun 2025 07:50:42 +0000 https://nairametrics.com/?p=517020 Total Energies Marketing Nigeria Plc, one of the downstream oil and gas players of the NGX, is off to a rough start in 2025. After posting a record pre-tax profit of N42 billion and a post-tax profit of N27.5 billion last year, the highest in five years, its Q1 2025 results tell a different story. […]

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Who dominates Nigeria’s beer market? Guinness vs. International Breweries vs. Nigerian Breweries  https://nairametrics.com/2025/06/10/who-dominates-nigerias-beer-market-guinness-vs-international-breweries-vs-nigerian-breweries/ https://nairametrics.com/2025/06/10/who-dominates-nigerias-beer-market-guinness-vs-international-breweries-vs-nigerian-breweries/#respond Tue, 10 Jun 2025 11:27:09 +0000 https://nairametrics.com/?p=516970 Nigeria’s alcoholic beverage industry is fiercely competitive, but in 2025, the battle for market share between Nigerian Breweries, International Breweries, and Guinness Nigeria is more intense than ever. 

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Data boom: Airtel and MTN set for profit surge in 2025  https://nairametrics.com/2025/06/09/data-boom-airtel-and-mtn-set-for-profit-surge-in-2025/ https://nairametrics.com/2025/06/09/data-boom-airtel-and-mtn-set-for-profit-surge-in-2025/#respond Mon, 09 Jun 2025 08:37:42 +0000 https://nairametrics.com/?p=516919 With data revenue now accounting for nearly half of total income, MTN Nigeria and Airtel Africa are betting big on bytes over voice.  

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Dangote Cement earned over N1.4 trillion in Africa last year, but this country led the pack  https://nairametrics.com/2025/06/04/dangote-cement-earned-over-n1-4-trillion-in-africa-last-year-but-this-country-led-the-pack/ https://nairametrics.com/2025/06/04/dangote-cement-earned-over-n1-4-trillion-in-africa-last-year-but-this-country-led-the-pack/#respond Wed, 04 Jun 2025 15:11:09 +0000 https://nairametrics.com/?p=516687 In a year marked by hyperinflation, currency devaluation, and geopolitical instability across several African markets, Ethiopia stood out as Dangote Cement Plc’s most operationally profitable Pan-African operation in 2024 at least on an inflation-adjusted basis. 

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What is Lafarge getting right?  https://nairametrics.com/2025/05/26/what-is-lafarge-getting-right/ https://nairametrics.com/2025/05/26/what-is-lafarge-getting-right/#respond Mon, 26 May 2025 05:51:53 +0000 https://nairametrics.com/?p=515998 In an environment fraught with currency volatility, high inflation, and elevated energy costs, Lafarge Africa Plc appears to be doing well.  

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TANTALIZER is booming in 2025, but who is buying?  https://nairametrics.com/2025/05/20/tantalizer-is-booming-in-2025-but-who-is-buying/ https://nairametrics.com/2025/05/20/tantalizer-is-booming-in-2025-but-who-is-buying/#respond Tue, 20 May 2025 13:36:32 +0000 https://nairametrics.com/?p=515699 Despite the huge returns, Tantalizers has no shares available for public trading, what the stock market calls free float.

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Why Custodian Plc may be the most undervalued stock on the NGX right now  https://nairametrics.com/2025/05/17/why-custodian-plc-may-be-the-most-undervalued-stock-on-the-ngx-right-now/ https://nairametrics.com/2025/05/17/why-custodian-plc-may-be-the-most-undervalued-stock-on-the-ngx-right-now/#respond Sat, 17 May 2025 15:03:55 +0000 https://nairametrics.com/?p=515497 Custodian Investment Plc might just be the most overlooked bargain on the Nigerian Exchange right now. 

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Under pressure from shareholders, Access Holdings promises to increase interim dividend payout by 122% in 2025    https://nairametrics.com/2025/05/16/under-pressure-from-shareholders-access-holdings-promises-to-increase-interim-dividend-payout-by-122-in-2025/ https://nairametrics.com/2025/05/16/under-pressure-from-shareholders-access-holdings-promises-to-increase-interim-dividend-payout-by-122-in-2025/#respond Fri, 16 May 2025 05:14:54 +0000 https://nairametrics.com/?p=515435 Access Holdings Plc has bowed to shareholder pressure, pledging to pay an interim dividend of N1 per share in 2025, more than double the 45 kobo interim payout recorded last year.  

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The 2023 Dangote Sugar-NASCON merger collapse: A postmortem analysis https://nairametrics.com/2025/05/15/the-2023-dangote-sugar-nascon-merger-collapse-a-postmortem-analysis/ https://nairametrics.com/2025/05/15/the-2023-dangote-sugar-nascon-merger-collapse-a-postmortem-analysis/#respond Thu, 15 May 2025 06:10:15 +0000 https://nairametrics.com/?p=515359 When Dangote Sugar Refinery proposed a bold merger in August 2023 with NASCON Allied Industries and the dormant Dangote Rice, it looked like a conglomerate tightening its belt, blending its salt, sugar, and rice businesses into a leaner empire. Under the proposed terms, NASCON shareholders would give up 12 NASCON shares in exchange for 11 […]

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BUA Foods, Nestlé, NASCON, Cadbury or Dangote Sugar — Who offers the best value?  https://nairametrics.com/2025/05/14/bua-foods-nestle-nascon-cadbury-or-dangote-sugar-who-offers-the-best-value/ https://nairametrics.com/2025/05/14/bua-foods-nestle-nascon-cadbury-or-dangote-sugar-who-offers-the-best-value/#respond Wed, 14 May 2025 07:01:46 +0000 https://nairametrics.com/?p=515272 Q1 2025 may go down as a comeback quarter for Nigeria’s major consumer goods players. After a stormy 2024 defined by volatile foreign exchange rates and surging interest expenses, five of the sector’s most-watched companies, BUA Foods, Nestlé, NASCON, Cadbury, and Dangote Sugar, returned in the first quarter with renewed financial energy. The sharp reversal […]

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Abbey Mortgage is on a tear in 2025, but can it grow into its valuation?   https://nairametrics.com/2025/04/23/abbey-mortgage-is-on-a-tear-in-2025-but-can-it-grow-into-its-valuation/ https://nairametrics.com/2025/04/23/abbey-mortgage-is-on-a-tear-in-2025-but-can-it-grow-into-its-valuation/#respond Wed, 23 Apr 2025 10:43:22 +0000 https://nairametrics.com/?p=513804 This week, Abbey Mortgage Bank finds itself in the spotlight and not by accident. The mortgage-lender’s stock has surged an eye-watering 106% in April alone, making it the top-performing stock on the Nigerian Exchange this month. Year-to-date, it is up 225%, easily outpacing its peers and capturing investor attention. But the story does not end […]

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N1 million investment in Nigeria penny stocks: A smart gamble for retail investors  https://nairametrics.com/2025/04/16/n1-million-investment-in-nigeria-penny-stocks-a-smart-gamble-for-retail-investors/ https://nairametrics.com/2025/04/16/n1-million-investment-in-nigeria-penny-stocks-a-smart-gamble-for-retail-investors/#respond Wed, 16 Apr 2025 20:13:14 +0000 https://nairametrics.com/?p=513495 This article explores how a N1 million investment performed in just three months across selected Nigerian penny stocks: 

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Double-digit yield: Top Banking stocks to consider for the rest of 2025  https://nairametrics.com/2025/04/15/double-digit-yield-top-banking-stocks-to-consider-for-the-rest-of-2025/ https://nairametrics.com/2025/04/15/double-digit-yield-top-banking-stocks-to-consider-for-the-rest-of-2025/#respond Tue, 15 Apr 2025 13:56:52 +0000 https://nairametrics.com/?p=513374 As the Nigerian market continues to navigate through uncertainties, one strategy that is worth considering is investing in dividend-paying stocks.  

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Dangote, MTN, BUA, Nestlé Nigeria, Seplat , others incur N1.42 trillion in interest expenses in 2024, up 146% https://nairametrics.com/2025/04/15/dangote-mtn-bua-nestle-nigeria-seplat-others-incur-n1-42-trillion-in-interest-expenses-in-2024-up-146/ https://nairametrics.com/2025/04/15/dangote-mtn-bua-nestle-nigeria-seplat-others-incur-n1-42-trillion-in-interest-expenses-in-2024-up-146/#respond Tue, 15 Apr 2025 08:13:44 +0000 https://nairametrics.com/?p=513337 Nigerian companies faced financial pressure in 2024 as surging interest expenses, driven by the Central Bank of Nigeria’s (CBN) sustained monetary tightening, squeezed their bottom lines.  

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Windfall tax takes centerstage as seven Banks incur N819.95 billion in income tax expense in 2024  https://nairametrics.com/2025/04/11/windfall-tax-takes-centerstage-as-seven-banks-incur-n819-95-billion-in-income-tax-expense-in-2024/ https://nairametrics.com/2025/04/11/windfall-tax-takes-centerstage-as-seven-banks-incur-n819-95-billion-in-income-tax-expense-in-2024/#respond Fri, 11 Apr 2025 05:53:45 +0000 https://nairametrics.com/?p=513105 In 2024, seven Nigerian banks; FCMB, Fidelity, GTCO, Stanbic IBTC, UBA, Wema Bank, and Zenith Bank incurred a combined income tax expense of N819.95 billion, representing a 94.96% increase from the N413.73 billion reported in 2022.  

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