Search results for "Valuation"

25 results for “Valuation”

Company NewsAnalysis

Transcorp Hotels Q3 2026 Results: Profit Holds Up, but Cash Flow and Debt Raise Red Flags

Transcorp Hotels reported a mixed set of results for the nine months to September 2026. Profit after tax rose 4.8% to ₦15.54bn and gross margin improved to 76.8%, despite a 2.6% fall in revenue. Beneath the headline, however, Q3 operating profit fell 13.1%, finance costs more than doubled, and the company burned ₦15.93bn from operations. Cash balances rose only because borrowings climbed to ₦54.96bn, while related-party receivables surged to ₦42.77bn. Our analysis looks at what is driving profit, whether the dividend is covered, and the questions investors should ask management.

247Market Editorial19 Oct 2026

Company NewsNews

FTN Cocoa Processors Plc FY2025: Revenue Up 310%, but Losses and Debt Persist

FTN Cocoa Processors grew revenue 310% to ₦5.65bn in 2025 and cut its net loss to ₦273.4m. But production costs exceeded sales, operations burned ₦3.85bn in cash, and borrowings climbed to ₦23.21bn. Our analysis looks at what the numbers really say about the recovery.

247Market Editorial15 Oct 2026

Company NewsNews

Zenith Bank H1 2026: Impairment Relief Lifts PBT 1.9%, Dividend Up 20%

Zenith Bank grew H1 2026 profit before tax by 1.9% to ₦637.6bn, but the headline hides a weaker core. Gross earnings fell 24.6%, trading income swung to a loss, and profit after tax dropped 19.1% as the effective tax rate jumped to 32.4%. The Board still lifted the interim dividend 20% to ₦1.50 per share.

247market Editorial14 Oct 2026

Investment GuidesArticle

How to Invest ₦1 Million in Nigeria in 2027: A Practical Guide for Beginners and Experienced Investors

Planning your finances for 2027? Discover how to invest ₦1 million in Nigeria to grow your wealth while managing inflation and investment risks. This practical guide explores five asset classes, including Nigerian stocks, Treasury bills, FGN bonds, money market funds, and real estate investment trusts (REITs). Learn how to build a diversified portfolio, compare conservative, balanced and growth-oriented investment strategies, and avoid common investment mistakes. Whether you are a first-time investor or an experienced investor reviewing your portfolio, find actionable insights to help you make informed investment decisions in Nigeria's changing financial market.

247Market Editorial12 Oct 2026

Fundamental AnalysisGuide

Financial Ratios for Stock Valuation: 10 Numbers to Check Before You Buy Any Stock

Every year, thousands of Nigerians open CSCS accounts, buy shares on a tip from WhatsApp or Telegram, and then wonder why the stock is down 30%. The problem is rarely the market. It is buying…

247market Editorial12 Oct 2026

Personal FinanceGuide

Top 10 Mutual Funds in Nigeria in 2026 According to SEC Data

Nigerians are putting more money into collective investment schemes (CIS), commonly known as mutual funds , than at almost any point in the market's history. With inflation eroding the value of idle cash and bank…

247marke27 Sept 2026

Stock Market BasicsGuide

How to Read a Stock Price Table: A Beginner's Guide to the Nigerian Stock Market (NGX)

In most newspapers, you'll find a page displaying stock prices — showing figures like Open, Close, High, Low, Volume, and P/E for the individual stocks covered. These are stock price tables. Some contain more data…

247Market Editorial25 Sept 2026

Stock Market BasicsGuide

How to Buy the Dangote Refinery IPO: A Step-by-Step Guide for First-Time Nigerian Investors

The Dangote Refinery IPO is live, and the window to prepare properly is closing fast. Here's a step-by-step walkthrough — built for first-time investors — covering CSCS accounts, NGX Invest, position sizing, and what the prospectus actually says before you commit a single naira.

247Market Editorial18 Sept 2026

Stock Market BasicsAnalysis

Dangote Refinery IPO Explained: A Beginner's Guide to Africa's Biggest Stock Market Listing

Africa's biggest-ever IPO opens today. Here's the beginner's guide to the Dangote Refinery share offer — what it costs, why analysts can't agree on its value, the real risks behind the hype, and exactly how to apply for as little as ₦5,250.

247Market Editorial15 Sept 2026

Market NewsNews

Nigerian Stock Market Weekly Report: Heavy Institutional Selling Depresses Market 1.60%

Nigerian equities closed a turbulent week lower, with the All-Share Index shedding 1.60% to 243,052.74 points as investors pulled cash from banking, insurance and industrial stocks to position for the record ₦2.15 trillion Dangote Refinery IPO. Despite a late-week rebound that clawed back part of the losses, market breadth stayed deeply negative — just 9 gainers against 80 decliners — even as Seplat Energy and NGX Group bucked the trend to lead the week's advancers.

247Market Editorial14 Sept 2026

Stock Market BasicsArticle

OPay IPO: Valuation, NGX Listing and Everything Investors Need to Know

OPay is reportedly targeting a $4 billion valuation for its U.S. IPO — and weighing a secondary listing on the NGX. Here's what's confirmed, what's still speculation, and whether the numbers actually justify the price tag.

247Market Editorial13 Sept 2026

Stock Market BasicsArticle

How to Invest in US Stocks from Nigeria: The Complete Guide

Everything you need to know about buying Apple, Tesla, Amazon, and other US shares from Nigeria — the platforms, the paperwork, the costs, and the risks nobody talks about. A decade ago, investing in the…

247Market Editorial08 Sept 2026

Market NewsAnalysis

Tolaram's N-Seven Nigeria Buys ₦559m More Guinness Nigeria Shares — What the Insider Purchase Signals for Retail Investors

Tolaram's majority-shareholder vehicle, N Seven Nigeria Limited, has topped up its Guinness Nigeria stake with a ₦559m million share purchase — buying into a pullback from the stock's 52-week high rather than chasing new highs. Here's what the insider filing reveals about Guinness Nigeria's price journey since the 2024 Diageo-Tolaram deal, and what it means for retail investors watching the stock.

247Market Editorial06 Sept 2026

Value InvestingGuide

Value Investing: A Guide for Beginner Investors

Warren Buffett didn't get rich by chasing hot tips — he got rich by buying great companies for less than they're worth, then waiting. That same strategy, value investing, is quietly working for patient investors on the NGX right now. In this beginner's guide, we break down what value investing actually means, why Nigeria's market inefficiencies make it a smart approach here, and the exact steps to start spotting undervalued stocks — without needing an accounting degree.

Buchi03 Sept 2026

Stock Market BasicsArticle

10 Stocks to Watch As Nigeria Returns to Frontier Market Category

Nigeria's return to the FTSE Russell Frontier Market Index takes effect on September 21, 2026 — reopening the door to funds locked out since 2023. From GTCO and Zenith Bank to Dangote Cement and Aradel Holdings, we break down the stocks best positioned to benefit and what the reclassification really means for market liquidity.

Buchi31 Aug 2026

Market NewsArticle

Nigeria Returns to Frontier Market Status: What FTSE Russell's Reclassification Means for the Nigerian Capital Market

Nigeria is officially back on the global investment map. Nearly three years after being frozen out over FX repatriation failures, FTSE Russell has reclassified the country's equity market as a Frontier Market — a status that unlocks billions in passive index-tracking capital. Here's the full story: what frontier market status means, how countries qualify, why Nigeria fell out in 2023, what changed, and what it means for the Nigerian Exchange going forward.

247Market Editorial31 Aug 2026

Stock Market BasicsGuide

The 5 Questions to Ask Before Buying Any Nigerian Stock

Most new investors ask one question before buying a stock: "Has the price gone up?" That's the wrong starting point. A rising share price tells you what other people are doing — not whether the business behind it is healthy, whether its earnings are sustainable, or whether you're paying a sensible price for a share in it. Fundamental analysis boils it down to five questions. Work through them before your next NGX trade, and you'll already be doing more homework than most retail investors ever do

Buchi29 Aug 2026

Dividend InvestingAnalysis

Top 10 Dividend-Paying Companies in Nigeria - NGX Stocks that Reward Investors

Discover the Top 10 Dividend-Paying Companies in Nigeria based on FY2025 performance. We analyse interim and final dividends paid by leading companies on the Nigerian Exchange, calculate their dividend yields, and examine their dividend history and consistency. From GTCO and Zenith Bank to Dangote Cement, BUA Foods, Presco and Okomu Oil, see the companies that demonstrated a strong commitment to rewarding shareholders and why they may interest investors seeking reliable dividend income.

247Market Editorial19 Aug 2026

Company NewsNews

NAICOM Revokes Universal Insurance License: N13.6 Billion Shareholder Value at Risk

Universal Insurance Plc faces a major crisis after NAICOM revoked its operating licence over failure to meet the required minimum capital threshold. The action has triggered the insurer’s winding-up process and put about ₦13.6 billion in shareholder value at risk, raising fresh concerns about the risks investors face in Nigeria’s insurance recapitalisation exercise.

247Market Editorial19 Aug 2026

CBNAnalysis

CBN Reopens OMO to Retail Investors: What the New Policy Means for Banks, Markets and Your Investment Portfolio

The CBN has reopened the OMO market to individuals, corporates and non-bank financial institutions through deposit money banks, while restoring Tenored Repo Operations and easing Discount Window restrictions for banks. This 247Market explainer examines what the reforms mean for Nigeria's money market, monetary-policy transmission, banks and retail investors—and how individuals can potentially use OMO Bills as part of a diversified short-term investment strategy.

247Market Editorial17 Aug 2026

Market NewsNews

NGX Delays New Pricing Rules, Raising Questions for High-Priced Stocks

The NGX has postponed its revised equity pricing methodology, originally scheduled to take effect on August 17, 2026, but says implementation could still happen before month-end. The new framework will significantly reduce the volume required to move prices of high-value stocks, potentially improving price discovery while increasing short-term volatility. This analysis examines what the changes mean for investors, premium-priced stocks, liquidity, market manipulation and portfolio strategy as the market prepares for a new era of price sensitivity.

Internal17 Aug 2026

Fundamental AnalysisGuide

Fundamental Analysis for Beginners: How to Analyse a Stock Before You Buy

Fundamental analysis helps investors look beyond daily share-price movements and understand the business behind a stock. This practical guide explains how to assess a company's business model, industry, financial statements, earnings, cash flow, competitive advantages, management, risks and valuation. Learn the essential questions to ask before buying a stock and how to determine whether you are investing in a fundamentally strong business at a sensible price.

Buchi15 Aug 2026

Fixed IncomeGuide

Fixed Income Investments in Nigeria: The Boring Strategy That Builds Lasting Wealth

While everyone's chasing stocks, real estate, and crypto, fixed income investments quietly do the heavy lifting for long-term wealth. From FGN Bonds and Treasury Bills to Eurobonds and money market funds, these instruments offer something the flashier options often can't: predictable income and capital preservation. In a market as dynamic as Nigeria's, that stability is a strategic advantage. This guide breaks down what fixed income investing really means, why it belongs in every serious portfolio, and how to get started — even if you're a complete beginner.

Buchi14 Aug 2026

InvestingGuide

The Complete Guide to Investing In Nigeria

If you're scanning the globe for the next frontier-market growth story, Nigeria deserves to be at the top of your list — not because it's an easy market, but because it's a large, young, and increasin

Buchi11 Aug 2026

InvestingArticle

Long-Term Investing: Why Patient Investors Consistently Outperform - And How to Become One

Long-term investing is a disciplined approach to building wealth by holding quality investments for several years and allowing time and compounding to work in your favour. This guide explains the benefits of long-term investing, how it differs from short-term trading, and practical strategies for building a sustainable investment portfolio.

Maureen Tutu11 Aug 2026