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Business / How To Generate Business Ideas by Obaabuja: 1:43pm On May 14, 2018
There is a misconception that sourcing capital is the first step in starting a business. Looking at the capital required for a business comes later in the steps towards starting a business. The first step in starting a business is to have a business idea. The challenge is generating the idea. Let’s look at a number of ways to generate business ideas...

http://www.lateefatibrahim.com/how-to-generate-business-ideas/
Business / How To Write A Simple Business Plan by Obaabuja: 5:13pm On May 13, 2018
You write a business plan for different purposes. It can be to seek funding, attract investors or give the business direction. Creating a business plan gives the business a greater chance of success. There are steps involved in starting a business, you write a business plan after coming up with a business idea, conducting market research and assessing the feasibility of your idea.
You write a business plan to document and layout what your business is going to do, why you want to do it and how you are going to do it. It is a roadmap for your business detailing the what, why and how...

http://www.lateefatibrahim.com/how-to-write-a-simple-business-plan/
Investment / Sukuk Are Now Exchange Traded Bonds In Nigeria by Obaabuja: 12:09pm On Apr 09, 2016
The Nigerian Stock Exchange has released the ‘Rules Governing the Listing of Sukuk and Similar Debt Securities’. Such securities are to be listed as ‘Exchange Traded Bonds’.

According to the Rule:

See more: http://www.halalstocksnigeria.com/blog/sukuk-are-now-exchange-traded-bonds-in-nigeria/
Investment / Stock Market Update For The Week Ended Friday, March 11, 2016 by Obaabuja: 10:01am On Mar 12, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) closed the week at 25,988.40 points, up 0.65% Week-on-Week (WoW). The largely bullish week saw the year-to-date loss remain in single digits at -9.27%.

The NSE Lotus Islamic Index (NSE LII) closed at 1,799.77 points, up 0.09% (WoW). The marginal increase was enough to put the year-to-date loss in single digit at -9.96%.

The Lotus Halal 15 ETF closed the week at N8.52, up 0.35% (WoW). Year-to-date loss is -11.25%.


Market Data
See: http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-march-11-2016/
Investment / Stock Market Update For The Week Ended Friday, March 4, 2016 by Obaabuja: 10:51am On Mar 05, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) continued the rally started on Thursday last week throughout the week. It closed the week at 25,810.10 points, up an impressive 6.57% Week-on-Week (WoW). The week’s rally brought the year-to-date loss to single digit at -9.85% from a high of -21.60% witnessed on 19th of January.

The NSE Lotus Islamic Index (NSE LII) closed at 1,798.19 points, up 6.39% WoW. Year-to-date loss is -10.04%.

The Lotus Halal 15 ETF closed the week at N8.49, up 6.39% WoW. Year-to-date loss is -11.56%.

The indices got a shot in the arm after the release of Dangote Cement Plc 2015 results. The company posted a 25.56% increase in revenue and13.68% increase in profit after tax. Earnings per share was N10.86 from which the company has declared a dividend per share of N8. The company’s share price gained 19.64% in the week to close at N168.

Dangote Cement’s and other companies results are available at the NSE website.

Market Data
See: http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-march-4-2016/
Investment / Stock Market Update For The Week Ended Friday, February 26, 2016 by Obaabuja: 10:10am On Feb 27, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) closed the week at 24, 228.79 points, down -0.83% Week-on-Week (WoW). The recovery on Thursday and Friday were not enough to overturn the negative close of the first three days. Year-to-date loss remains in the double digits at -15.41%.

The NSE Lotus Islamic Index (NSE LII) fared better; it closed at 1,690.14 points, up 0.62% WoW. It had three positive days. Year-to-date loss is -15.44%.

The Lotus Halal 15 ETF witnessed virtual extremely low trades in the week, consequently closing flat at N7.98. Year-to-date loss remains -16.88%


Market Data:

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-february-26-2016/
Investment / Stock Market Update For The Week Ended Friday, February 19, 2016 by Obaabuja: 10:03am On Feb 20, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) closed the week at 24,432.51 points, down -1.04% Week-on-Week (WoW). The three positive days were not enough to make up for Tuesday’s and Wednesday’s losses of -1.26% and -1.87% respectively. Year-to-date loss is -14.70%.

The NSE Lotus Islamic Index (NSE LII) closed at 1,679.66, down -1.34% (WoW). It had only two positive days. Year-to-date loss is -15.97%.

The Lotus Halal 15 ETF closed at N7.98, down -1.60% (WoW). Even though it gained 2.31% on Friday, it lost 1.36% and 2.74% on Monday and Thursday respectively. Year-to-date loss is -16.88%.

Market Data
more...

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-february-19-2016/
Investment / Stock Market Update For The Week Ended Friday, February 12, 2016 by Obaabuja: 10:15am On Feb 13, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) opened the week on a positive note and stayed that way through this week. The index crossed the psychological 24,000 mark on Wednesday and closed the week at 24,689.69 points, up an impressive 5.05% Week-on-Week (WoW). Year-to-date loss improved to -13.80%.

The NSE Lotus Islamic Index (NSE LII) also had a bullish run closing at 1,702.52 points, up 4.02% WoW. Year-to-date loss is now -14.83%.

The Lotus Halal 15 ETF opened the week on a negative note but recovered to close the week at N8.11 up 3.58% WoW. Year-to-date loss is -15.52%.


Market Data
See...
http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-february-12-2016/
Investment / Stock Market Update For The Week Ended Friday, February 5, 2016 by Obaabuja: 10:05am On Feb 06, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) reverted to bearish trend with only one slightly positive day (Tuesday at 0.03%) in the week. It closed the week at 23,501.87 points, down -1.73% Week-on-Week (WoW). Year-to-date loss extends to -17.95%.

The NSE Lotus Islamic Index (NSE LII) was negative all week to close at 1,636.76 points, down -3.77% WoW. Year-to-date loss is -18.11%.

The Lotus Halal 15 ETF closed positive only on Friday (0.38%) but it was not enough to prevent a negative WoW loss. It closed at N7.83, down -3.45% WoW. Year-to-date loss is -18.44%.

Companies have started releasing 2015 results. These are available at the NSE website: http://www.nse.com.ng/Issuers-section/corporate-disclosures/company-results

Market Data

More...

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-february-5-2016/
Investment / Stock Market Update For The Week Ended Friday, January 29, 2016 by Obaabuja: 10:45am On Jan 30, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) recovery continued for the second week in a row, closing at 23,916.15 points, up 0.38% Week-on-Week (WoW). The index opened the week on a positive note but was negative on Tuesday and Wednesday after the non-event Monetary Policy Committee meeting (MPC). The MPC maintained the status quo, the Naira was not devalued as was anticipated by some investors, rates were also maintained. The index was also positive on Thursday and Friday; the three positive days were enough for another positive week. Year-to-date loss is -16.50%.

The NSE Lotus Islamic Index (NSE LII) also closed the week positive at 1,688.50 points, up 0.73% (WoW). Year-to-date loss is -14.91%.

The Lotus Halal 15 ETF closed at N8.11, up 2.14% (WoW), recovering from an all-time low in the previous week. Year-to-date loss is -15.52%.


Market Data ...

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-january-29-2016/
Investment / Stock Market Update For The Week Ended Friday, January 22, 2016 by Obaabuja: 10:33am On Jan 23, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) turned on Wednesday after an eight-day losing streak. The Index went below 23,000 points on Monday and Tuesday for the first time since July 2012. The rest of the week was positive albeit at a decreasing rate of change. The 3.91% on Wednesday and 1.51% on Thursday were enough to reverse the -4.10% change on Monday. The Index closed the week at 23,826.50 points, up 1.33% Week-on-Week (WoW). Year-to-date loss is -16.81%.

The sectoral indices however closed the week mixed.

The NSE Lotus Islamic Index (NSE LII) closed the week at 1,688.50, down -2.66% (WoW). Ironically, this is an improvement after closing at 1,619.38 points on Tuesday, a 52-week low. Year-to-date loss is -15.53%.


The Lotus Halal 15 ETF touched an all-time low on Tuesday at N7.66, it however closed the week at N7.94, down -4.57% (WoW). Year-to-date loss is -17.29%. The ETF was listed on 14 November 2014.

Is the recovery in the week a sign that the market has turned or is it merely a Dead Cat Bounce? The coming trading days will clarify matters especially as the next Monetary Policy Committee meeting takes place next week.

Market Data:

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-january-22-2016/
Investment / Stock Market Update For The Week Ended Friday, January 15, 2016 by Obaabuja: 10:36am On Jan 16, 2016
The Nigerian Stock Exchange had to activate the Index Circuit Breaker Rule on Friday due to the volatility in the market. The All Share Index (NSE ASI) declined heavily each day of the week to close at 23,514.04 points, down a hefty -13% Week-on-Week (WoW). Year-to-date loss is -17% (and we are still in January!).

The NSE Lotus Islamic Index (NSE LII) also lost each day of the week to close at 1,734.70 points, down -11.46% (WoW). Year-to-date loss is -13.22%.

These indices closed the week at three-year lows.

The Lotus Halal 15 ETF also declined to close at an all time low of N8.32, down -8.77% (WoW). Year-to-date loss is -13.33%. The ETF was listed on 14 November, 2014.

The Index Circuit Breaker Rule is contained in Article 170: Trading Halts Due to Extraordinary Market Volatility. The rule stipulates that The Exchange can halt trading in all stocks for a specified time period during a trading day if a 5% move (as compared to the previous day’s close) is recorded in the ASI.
The rule became effective on Friday, 15 January 2016.

Market Data

More... http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-january-15-2016/
Investment / Stock Market Update For The Week Ended Friday, January 8, 2016 by Obaabuja: 10:14am On Jan 09, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) resumed its bearish trend in the new year, closing at 27,028.39 points, down heavily -5.63% Week-on-Week (WoW).

The NSE Lotus Islamic Index (NSE LII) fared better albeit closing at 1,959.23 points, down -1.98% (WoW).

The Lotus Halal 15 ETF closed at N9.12, down a hefty -5.00% (WoW).

The losses in the week all but removed the gain of the last two trading days of 2015.

Market Data

More...

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-january-8-2016/
Investment / Stock Market Update For The Week Ended Thursday, December 31, 2015 by Obaabuja: 10:17am On Jan 03, 2016
The Nigerian Stock Exchange All Share Index (NSE ASI) last two days of the year were very strong with gains of 3.79% and 3.11% respectively. The index closed at 28,642.25 points, up a remarkable 6.59% Week-on-Week (WoW). This shaved the year-to-date loss to -17.36%.

The NSE Lotus Islamic Index (NSE LII) also closed the week strong at 1,998.85 points, up 4.97% (WoW). Year-to-date loss is now -10.92%.

The Lotus Halal 15 ETF closed at N9.60, up 4.46% (WoW). Year-to-date loss is -9.00%.

Year End Index Review

The NSE has completed its year end review of its indices.

For The NSE LII:
Exiting: UACN Plc and Seplat Petroleum Dev Co. Plc
Incoming: Dangote Sugar Refinery Plc and 7UP Bottling Co. Plc

More...
http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-thursday-december-31-2015/
Investment / Stock Market Update For The Week Ended Friday, December 25, 2015 by Obaabuja: 9:04am On Dec 27, 2015
The Nigerian Stock Exchange All Share Index (NSE ASI) closed the week positive (for a change) at 26,871.24 points. It was up 1.26% Week-on-Week (WoW). It appeared the presentation of the N6.08tn ($30.5bn) budget had an uplifting effect on the market. Year-to-date loss is -22.47%.

The NSE Lotus Islamic Index (NSE LII) also closed positive at 1,904.23 points, up 1.27% (WoW). Year-to-date loss is -15.14%.

The Lotus Halal 15 ETF closed at N9.19, up 0.99% (WoW). Year-to-date loss is -12.89%.

Market Data
...

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-december-25-2015/
Investment / Stock Market Update For The Week Ended Friday, December 18, 2015 by Obaabuja: 8:46am On Dec 20, 2015
The Nigerian Stock Exchange All Share Index (NSE ASI) broke through another psychological mark during the week. It closed at 26,537.36 points, a 52-week low. It was down -2.69% Week-on-Week (WoW). Year-to-date loss extends further to -23.43%.

The NSE Lotus Islamic Index (NSE LII) also broke through a mark as it closed at 1,880.37 points, a 52-week low. It was down -2.16% (WoW). Year-to-date loss also extends further to -16.20%.

The Lotus Halal 15 ETF fared relatively better, albeit it closed at N9.10, down -1,94% (WoW). Year-to-date loss is -13.74%.

Market Data:

From:
http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-december-18-2015/
Investment / Stock Market Update For The Week Ended Friday, December 11, 2015 by Obaabuja: 2:47pm On Dec 12, 2015
The Nigerian Stock Market All Share Index (NSE ASI) touched a three-year low on Wednesday before recovering in the next two days. However, the recovery was not enough to stop the ASI closing at 27,269.71 points, down -1.31% Week-on-Week (WoW). Year-to-date loss is -21.32%.

The NSE Lotus Islamic Index (NSE LII) did not fall that far during the week. It closed at 1,921.97 points, down -0.73% (WoW). Year-to-date loss is -14.35%.

The Lotus Halal 15 ETF had three negative days and two positive days, but it closed the week flat at N9.28 (same as last week’s close).

Review of NSE Indices

The NSE year-end review of indices have commenced. UACN Plc is likely to be dropped from both the ASI and the NSE LII. Also likely to exit the NSE LII is Seplat Petroleum Plc. Likely incomings into the NSE LII are: 7up Bottling Co. Plc, Dangote Sugar Refinery Plc, Total Nigeria Plc and Forte Oil Plc. See more on the review in the NSE’s Weekly Market Report for the Week Ended 11-12-2015 at http://www.nse.com.ng/market-data/other-market-information/weekly-report.

Post from http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-december-11-2015/
Investment / Always Check This NSE Report Before You Invest In A Stock by Obaabuja: 10:14am On Oct 28, 2015
The X-Compliance Report gives details on the compliance activities of listed companies with The Nigerian Stock Exchange Listing Rules. The rules are designed to maintain market integrity in the interest of investors.

The X-Compliance Report provides information on:

Early Filers of Audited Accounts
Delinquent Filers Of Audited Accounts
Delinquent Filers of Quarterly Reports
Released Financials
Companies that are operating below listing standards (BLS)
Companies with free-float deficiency
Companies that breach Listing Rules
Enforcement actions against companies
Companies slated for delisting
Applications for new listings
Applications Approved by the quotations Committee

Disclosure of information by companies is important to help investors make decisions. Timeliness is one of the qualities of information that enables efficient and effective decisions-making. The NSE requires companies to file its end-of-year audited accounts within three months after the end of the company’s financial year, quarterly reports must be filed within thirty days after the end of the quarter.

A company that does not comply with the Listing Rules and has a symbol ‘BLS’ (Below Listing Standard) will be sanctioned by the NSE and runs the risk of being delisted. Investor should proceed with caution before investing in such companies. The report is also relevant if you already own shares.

The level of a company compliance with Listing Rules is one of the outward manifestation of its quality of governance. This will eventually impact negatively on its bottom line and share price.

Companies that are sanctioned by the NSE has to report such sanctions in its audited financial report.

The X-Compliance Report is on the Nigerian Stock Exchange website and it is updated every Friday.

From:
http://www.halalstocksnigeria.com/blog/always-check-this-nse-report-before-you-invest-in-a-stock/
Webmasters / Re: Facebook Is Not Responding by Obaabuja: 3:13pm On Dec 03, 2014
No. May be local network problem.

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