#ILoveMyFamilySeries: The Death That Taught Us A Big Lesson
I was shocked when my wife, Chidinma, called to inform me about the death of one of her Uncles, Uncle John. He had died of a heart attack. Uncle John was such a good man. When we were planning our wedding ceremony five years ago, he was one of those that supported us financially. He […]
ARM Research – Stock Recommendation for the Week , February 04
The Nigerian equity market closed the week negative, with the NSE ASI shedding 2.51% WoW to close at 30,636.36 points. The bearish performance was driven by losses in the most sectors – Banking (-2.66%), Brewers (-6.43%), Cement (-2.07%), Construction (-4.48%), Food (-2.25%) and Insurance (-0.74%). Further breakdown of the performance reveals that sell pressure prevailed […]
ARM Research”: Initial View – Flour Mills of Nigeria Plc Q3 19
Earnings drown on higher cost and operating expense Yesterday, Flour Mills of Nigeria released its third quarter (FQ3 19) result for the period ended December 2019, which showed a 27.4% YoY contraction in EPS by 27.4% YoY to N0.69 following persisting pressure on margins from higher cost of sales (+7.3% YoY) and higher operating expense […]
ARM Research: Summary of News, 31st of January
CORPORATE AND ECONOMIC CALENDAR Telecoms Data: Active Voice and Internet per State, Porting and Tariff Information – 6th February, 2019. Neimeth Pharmaceutical Int’l Plc: Annual General Meeting – 6th February, 2019. PUNCH FG targets $2bn from oil block licence renewal: The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said the Federal Government […]
#ILoveMyFamily: This Landlord Wahala Must Stop!
We left our former place because the Landlord insisted we pay two years rent in advance at the expiration of our first-year rent. We couldn’t afford it. I went to his house to plead but he said we pay or move out of his property. He was so arrogant and insulting. I left his place […]
Personal Finance With Raphael – 5 Investment Principles to Use During an Election Period
Okoro was busy talking to himself, murmuring in his room after looking at his investment portfolio and reviewing the current situation in the country. What do I do now? Election is coming up in 3 weeks – will the incumbent be retained, or will a new president be voted into power? There is so much […]
#ILoveMyFamily: (Episode 1): Welcome to Our World
My name is Lakunle. I am a husband, a father of two, and a salary earner. I married my wife, Chindima, the most beautiful woman in the world as far as I am concerned, five years ago when I started working. I met my wife during my National Youth Service Corps year in Enugu and […]
Nigeria Strategy Report – H1 2019 Excerpts (Part 3)
Global Economy and Markets In this morning’s cut-out of our core strategy document – The Nigeria Strategy Report, we review developments pertaining to the direction of FPI flows across emerging and frontier markets. In addition to delineating the drivers of portfolio flows over 2018, this section presents our outlook on drivers of FPI flows […]
Nigeria Strategy Report – H1 2019 Excerpts (Part 2)
Global Economy and Markets We continue with the serialization of our core strategy document – The Nigeria Strategy Report. We review developments in MEA (Middle-East and Africa) climes over 2018. The section also provides insights on what we believe will be major drivers of both growth and overall investor sentiment over 2019. In our […]
Nigeria Strategy Report – H1 2019 Excerpts (Part 1)
Global Economy and Markets Over the next few days, we will feature excerpts from our core strategy document – The Nigeria Strategy Report. The report communicates our understanding on key happenings in global and domestic financial markets over 2018 and provides our insight on what we believe will be the major themes underpinning investor […]
