Associated Discount House

 Nigerian markets opens March trading in the green

Video / Mon, 02 Mar 2015 11:36:34 GMT

Nigerian markets opens March trading in the green

Nigeria's equities market ended the week and month on a positive note sustained by gains in the banking sector. It's the first trading day of the month let's see how the market is faring in midday trade.

 Nigeria's FX reserves slide again to $32.3bn

Video / Tue, 24 Feb 2015 08:04:22 GMT

Nigeria's FX reserves slide again to $32.3bn

The recent strength of the naira is coming at a cost. Latest CBN data shows that the reserves are now down to 32.3 billion US dollars, a fresh three and half year low.

 Nigerian market continues winning streak

Video / Thu, 19 Feb 2015 14:09:13 GMT

Nigerian market continues winning streak

Nigeria's stock market has extended its winning streak to a 4th day, 24 hours after the central bank scrapped its weekly fx auction. Oil stocks were among the major movers today.

 The Nigerian bourse seals biggest weekly decline of 2015

Video / Mon, 16 Feb 2015 08:21:58 GMT

The Nigerian bourse seals biggest weekly decline of 2015

The Nigerian bourse sealed its biggest weekly decline of 2015 despite further recovery in oil prices. Abiola Rasaq, head of research at Associated Discount House joins CNBC Africa to discuss the Nigeria's equities market.

 Nigeria slashes petrol price by 10%

Video / Mon, 19 Jan 2015 11:43:41 GMT

Nigeria slashes petrol price by 10%

Nigeria has slashed the price of its pumped petrol by 10 per cent to 87 naira per litre. Joining CNBC Africa to discuss this is Abiola Rasaq, head of research at Associated Discount House.

 Nigeria cuts petrol price

Video / Mon, 19 Jan 2015 07:49:19 GMT

Nigeria cuts petrol price

Nigeria's Minister of Petroleum Resources, Diezani Alison-Madueke, has announced a cut in the price of petrol from N97 naira per litre to N87 per litre, citing the decline in the oil price as the reason for the move.

 Nigeria's equities market ends the week on a loss

Video / Fri, 05 Dec 2014 14:12:11 GMT

Nigeria's equities market ends the week on a loss

Nigeria's equities market has logged more losses than gains this week as bank and blue chip stocks decline in share value. At the currency market, the naira's volatility continued with the CBN intervening frequently to support the currency.

 Wrap up of Nigerian markets

Video / Thu, 27 Nov 2014 14:10:54 GMT

Wrap up of Nigerian markets

Nigeria's Central Bank sold 667 million US dollars at its twice weekly forex auction on Wednesday. This was done to meet a backlog of dollar demand which, combined with dollar sales from oil majors.

 Nigerian market update

Video / Mon, 24 Nov 2014 11:25:55 GMT

Nigerian market update

Nigeria's equities market rallied to close the week in the green zone after a weeklong trade in the negative territory which had brought the ASI to a historical low.

 Nigeria's stocks continue to slide

Video / Mon, 10 Nov 2014 11:32:22 GMT

Nigeria's stocks continue to slide

The Nigerian Stock Exchange fell for the eleventh consecutive day as equities recorded another heavy loss at the end of last week's trading session.

 Unpacking Nigerian oil companies' results

Video / Thu, 30 Oct 2014 14:32:57 GMT

Unpacking Nigerian oil companies' results

Oil majors SEPLAT, Exxonmobil and Total have reported their earnings for the nine months up to September. Joining CNBC Africa to discuss these results and more is Abiola Rasaq, head of research and strategy at Associated Discount House.

 Preview of Nigeria's financial markets

Video / Wed, 15 Oct 2014 11:38:48 GMT

Preview of Nigeria's financial markets

Nigeria's central bank may be forced to compromise on its desire for a lower yield environment at the fixed income as it moves to protect the naira from further external shocks.

 Unpacking Shoprite's FY results

Video / Tue, 19 Aug 2014 11:06:35 GMT

Unpacking Shoprite's FY results

Shoprite recorded the lowest annual profit growth in 15 years. Jeanine van Zyl, Senior Industrial Analyst from Old Mutual Investment Group, Equities and Abiola Rasaq from Associated Discount House joins CNBC Africa to unpack those results

 Naira ends its three-day gaining streak

Video / Fri, 15 Aug 2014 08:26:44 GMT

Naira ends its three-day gaining streak

With dollar sales from oil companies thinning out, the naira ended a 3-day gaining streak which started on Monday; depreciating 50kobo from its previous close to NGN162.35/US$.

 Nigeria market mid-day trading update

Video / Wed, 23 Jul 2014 11:51:07 GMT

Nigeria market mid-day trading update

The NSE all-share index is down slightly in mid-day trade despite the entry of half year earnings from Zenith bank and some other market news.

 Review of the Nigerian markets

Video / Mon, 23 Jun 2014 12:26:17 GMT

Review of the Nigerian markets

A sustained interest in in oil marketing and production companies is lifting the NSE All Share Index in early trade.

 Review of Nigeria's fixed income markets

Video / Mon, 02 Jun 2014 14:26:15 GMT

Review of Nigeria's fixed income markets

As stakeholders in Nigeria's financial sector eagerly anticipate the resumption of the new Central Bank Governor for Nigeria, investors adopt a "wait and see" at the fixed income market.