How to assess a Nigerian REIT beyond its distribution yield
Listed property trusts need three separate checks: the income they can distribute, the assets behind each unit and the ease of selling when you need to.
Why the lowest P/E does not identify Nigeria’s cheapest stock
A bank and a cement producer can trade on very different earnings multiples for good reasons. Here is how to make the comparison more useful.
Treasury bills or FGN bonds? Compare the cash flows before the rates
September 2026 auction results show why a bill's discount rate and a bond's coupon cannot be compared at face value.
Before you chase a dividend, read the dates and the cash flow
Qualification, payment and yield answer different questions. A practical guide to reading an NGX dividend notice and testing whether the income can last.
When the ASI rises, check how many stocks are coming along
A rising All-Share Index can coexist with a difficult day for many shareholders. Here is how breadth, concentration and trading activity fill in the picture.
Insurance earnings: what AXA Mansard and AIICO reveal beyond headline profit
Fresh half-year results show why insurance service margins, investment returns and liability finance costs must be read together.
NIDF’s ₦45bn Series 12 offer: the questions behind the 23.13% discount
The infrastructure fund's offer is scheduled to close on 30 October. The price gap is only one part of assessing income, loan quality and liquidity.
Nigeria’s oil-price trade-off: export gains meet higher fuel costs
Dated September evidence highlights the different routes through which oil prices affect government receipts, producers, businesses and households.
CBN’s 23% MPR reset: the market-transmission test investors should watch
The September reset changes the policy corridor, but investors need actual funding and lending data before assuming an across-the-board easing.
Presco vs Okomu: H1 profits show why cash conversion needs a second look
Both plantation companies reported lower H1 after-tax profit. Presco held revenue steady, but including cash interest reverses their apparent cash-conversion ranking.