Good morning and welcome to this week’s edition of Bulls and Bears. This is a weekly thread where i look at happenings on the NGX and US equity space. If you have any questions, please feel free to share. Occasionally, i veer into other asset classes. Today, being one of such days due to yesterday’s…
MTN Nigeria, yesterday released its audited numbers for the 2024 financial year. There was decent increase in revenue, but losses worsened. FY 2024 numbers Total revenue for the year went up by 36% from N2.4 trillion in 2023 to N3.3 trillion in 2024. Voice and data accounted for the bulk of revenue. Voice data came…
Top on my watchlist for the coming week are Nu Holdings, MTN Nigeria and the FUGAZ Banks. Watchlist is not a Buy/Sell/Hold recommendation. I watch stocks for different reasons. Price movement. Impending results. Even large trades. Or just being in the news. HIMS You either love this stock or hate it. Stock dipped a bit…
After over a decade of tariffs remaining static, the NCC finally approves a tariff hike for the telcos Joy is coming is a single by Afrobeats star Fido. If you follow Afrobeats, you might know him from the hit single Awolowo. Last year, i had written MTN Nigeria was waiting on a prayer. Choked by…
JP Morgan, Wells Fargo, Citgroup and Bank of America have spots in this week’s watchlist as their earnings will drop this week. Watchlist is a list of stocks that i will be keeping an eye on during the week. It is not a Buy/Sell/Hold recommendation. MTN Nigeria MTN Nigeria takes the first spot this week…
Watchlist is a weekly piece i do on stocksi will be keeping an eye on during the week. It is not a Buy/Sell/Hold recommendation. Neither is it investment advice in any way/shape/form. Presco Presco takes the first place in my watchlist following the opening of a 150 billion bond offer. I expect the share price…
Good morning and welcome to this week’s edition of Bulls and Bears. Bulls and Bears is a weekly thread i do on the NGX and US equity space. If you have any questions feel free to share. Starting with the NGX. The All Share Index gained 1.19%. The index measures the average performance of stocks…
Good morning and welcome to this week’s edition of Bulls and Bears, my weekly thread on the US and Nigerian equity space. If you have any questions, please feel free to share. The NGX ended last week on a positive note. It appreciated by 0.5% closing at 97,722.28 points. John Holt was the best performing…
In 1986, rockband Bon Jovi dropped their single Living on a Prayer. It tells the tale of Tommy and Gina, a working class couple who struggle to make ends meet and vow to “hold on to what we’ve got.” It would also go on to become an extremely successful song for the band. MTN Nigeria…