Nigerian stocks are experiencing a steady upward trend, with the benchmark index appreciating for the third consecutive week. Investor confidence is growing, leading to increased investment in equities. This article highlights stocks with strong fundamentals and potential for growth, offering a guide for investors looking to capitalize on this market surge.
SPECIAL REPORT: Manhole cover thieves expose security lapses in Nigeria’s National Assembly complexSPECIAL REPORT: Worksite crèches empower Nigerian women to balance careers, motherhoodINVESTIGATION: Despite ban in several countries, ‘harmful’ weight gain product sold indiscriminately in NigeriaBuilding Nigeria on the values of truth, honesty, contentment, and integrity, By Ayo AkereleSPECIAL REPORT: Manhole cover thieves expose security lapses in Nigeria’s National Assembly complexSPECIAL...
PREMIUM TIMES has assembled some stocks with fundamentals and other potential, adopting rigorous technical approaches to save you the hassle of randomly picking equities for investment. Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.makes this week’s list for currently trading below its underlying value. The financial services group’s PE ratio is 1.2x, and its RSI is 70.2. The PB ratio is 0.5.NPF Microfinance Bank
STOCK MARKET INVESTMENT NIGERIA ECONOMY FINANCE
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigerian Stocks Surge on Tariff Increase NewsNigerian stocks experienced a significant upward movement on Tuesday, driven by the announcement of a 50 percent tariff increase by the Nigerian Communications Commission. MTN Nigeria, the country's largest company, led the gains, fueling market growth. Analysts advise caution and focus on fundamentally strong equities.
Read more »
Drug Abuse Surge, PDP Crisis, and Power Sector Investment Dominate Nigerian HeadlinesNational dailies report a surge in drug abuse in Nigeria, with 14.3 million individuals affected. The PDP crisis deepens as governors align with Sunday Ude-Okoye, while the party in Enugu pleads with Chijioke Edeoga to return. The federal government unveils plans to attract N35.438 trillion in investment into the power sector. Meanwhile, the military celebrates the court's affirmation of IPOB as a terrorist group.
Read more »
Nigerian Stocks To Watch: Total Energies, Sunu Assurances, Sterling Bank and MoreThis article highlights several Nigerian stocks trading below their intrinsic value, making them potentially attractive investment opportunities. It analyzes companies like Total Energies, Sunu Assurances, Sterling Bank, Fidson, and NNFM, using financial metrics like RSI, PE ratio, and PB ratio to support its recommendations.
Read more »
Nigerian Stocks Soar as Investor Confidence RisesNigerian stocks experienced a significant boost last week, driven by investor optimism and strong performance in consumer goods and bank sectors. Analysts predict a continued upward trend for equities in 2023, while official data releases on GDP and inflation are expected to shape market dynamics.
Read more »
Total Energies, E-Tranzact, UBA top stock pick this weekThis is not a buy, sell or hold recommendation but a stock investment guide.
Read more »
Nigeria Sees 30% Surge in Power Generation in 2024Minister Adebayo Adelabu reports significant increase in power generation capacity, highlighting new hydroelectric dam and expanded generation lines.
Read more »