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Reuters: Nigeria News
  • ANALYSIS-Post-war Ivory Coast nurtures second "miracle"
    ABIDJAN, May 20 (Reuters) - From his lagoon-side allotment in Ivory Coast's economic capital Abidjan, Moussa Yanda has a ringside seat to watch the foundations of a $290-million toll bridge slowly rise up from the shore.
  • WAfrica Crude-Angolan Girassol offered higher
    LONDON, May 18 (Reuters) - Angolan state oil firm Sonangol started offering July cargoes on Friday, raising differentials for some grades such as Girassol significantly higher than June levels. Angolan crude export volume was set to fall in July due mainly to reduced output of Girassol during field maintenance. Nigerian deals remained thin, with about 10-15 June loading cargoes unsold and ahead of the release of official selling prices, traders said. ANGOLA * Sonangol'
  • UPDATE 3-Cash-strapped G8 looks to private sector in hunger fight
    WASHINGTON, May 18 (Reuters) - Buffeted by the euro zone crisis and distracted by political problems at home, the leaders of the world's industrial powers turned to the private sector on Friday to help fight hunger and malnutrition for up to a billion people struggling with shortages, droughts and rising food prices.
  • Nigeria says oil revenue fell 13.8 pct in April
    ABUJA, May 18 (Reuters) - Nigeria earned 626.18 billion naira ($3.95 billion) in oil revenues in April, down 13.8 percent from 726.77 billion naira in March due to lower production, the accountant general said on Friday.
  • Total plugs Nigeria gas leak, no further well needed
    LAGOS, May 18 (Reuters) - French oil major Total has plugged a gas leak in southern Nigeria's Niger Delta region and no longer needs to drill an additional relief well to curb its flow, a spokesman said on Friday.
  • AFRICA DEBT-Kenya yields head into single digits
    LONDON, May 18 (Reuters) - Kenyan Treasury bill yields are likely to fall to single digits for the first time since September at an auction next week, while healthy demand is expected at Zambia's first bond auction in two months on Thursday.
  • Nigerian interbank rates up as liquidity dips further
    LAGOS, May 18 (Reuters) - Nigeria's interbank lending rates rose this week to an average of 14.66 percent, from 14.16 percent last week, as cash outflows to bonds and dollar purchases drained liquidity in the market further, traders said on Friday.
  • Cash-strapped G8 looks to private sector in hunger fight
    WASHINGTON, May 18 (Reuters) - Buffeted by the euro zone crisis and distracted by political problems at home, the leaders of the world's industrial powers are turning to the private sector to help fight hunger and malnutrition for up to a billion people beset by shortages, droughts and rising food prices.
  • African Markets - Factors to watch on May 18
    NAIROBI, May 18 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: MAURITIUS-Bank of Mauritius to offer 400 million rupees of 364-day Treasury bills at auction. GLOBAL MARKETS Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid signs of growing instability among Spanish banks and political turmoil in G
  • EXCLUSIVE-UPDATE 2-UN probes possible NKorea arms trade with Syria, Myanmar
    * North Korea skirted ban on luxury goods, arms sales-report (Adds details on Myanmar)
Home Board of Directors

Board of Directors

The Board members are professionals who are knowledgeable in business and financial matters with extensive experience and credible track records. Kedari Securities’ Board has been constituted to align with the vision of the company and it plays a pivotal role in achieving its mission by contributing actively in board deliberations and decision making.

Abiye Karibi-Whyte, Managing Director

Abiye has over 15 years experience in the Nigerian Capital Market. He is an Associate Member of the Chartered Institute of Stockbrokers (CIS) and has worked in several Stock Broking Firms across the country. He secured the mandate to act as Stock Broker to the NITEL IPO, while working with NOVA Finance & Securities Ltd. He also worked on several Initial Public Offerings and Private Placements on behalf of the firm.

He played a significant role in securing the landmark transaction of Heineken Breweries, in purchasing the shares of Nigerian Breweries Plc to become a core investor in Nigeria Breweries Plc.

Odun Odunfa, Director

Odun Odunfa’s banking career spans almost two decades in Treasury, Corporate & Investment Banking and Retail Banking in Fountain Trust, Citizens, Ecobank & Capital Bank International. He left commercial banking in April 2007, having become a Regional Director (Deputy General Manager) in UBA where he managed a balance sheet of close to $300 million, to join Resort Group (Resort International Ltd, Bi-Courtney Ltd & Stabilini Visinoni Ltd) as Treasurer with a balance sheet in excess of $1billion. He was also the Project Director for a petrochemical plant development valued at over $800m.

Oye Balogun, Director

Oye Balogun is a versatile entrepreneurial executive with over 18 years experience, including legal practice, infrastructure development, property development and commerce. He has been a partner at Oyewole Balogun & Co, a commercial law firm, since 1991, and the Managing Director of JB Maye PDC, a property development company, since 2006. Additionally, he has been the Managing Director of Chrisore Engineering since 2004 and served as the Managing Director of Gold Estates, a property development company, from 2003 to 2005.

 

NSE Price List

FRIDAY, 18TH MAY. 2012
Company Close %Gain
7UP 41.70 0.00
ACADEMY 1.90 0.00
ACCESS 6.85 1.48
AGLEVENT 1.07 -4.46
AIICO 0.50 0.00
ASHAKACEM 10.46 -4.91
AUSTINLAZ 2.00 0.00
BAGCO 2.03 1.50
BERGER 9.10 -3.70
BOCGAS 6.00 0.00
CADBURY 16.00 0.00
CAP 25.35 0.20
CCNN 5.10 0.99
CONOIL 25.46 0.00
CONTINSURE 0.73 0.00
CUSTODYINS 1.76 3.53
CUTIX 1.45 0.00
DAARCOMM 0.50 0.00
DANGCEM 112.11 0.10
DANGFLOUR 6.93 -4.94
DANGSUGAR 3.80 -2.56
DIAMONDBNK 2.75 -2.48
ETERNAOIL 3.24 4.52
ETI 11.08 -1.95
ETRANZACT 4.25 0.00
EVANSMED 0.50 0.00
FCMB 4.52 -4.84
FIDELITYBK 1.32 -4.35
FIDSON 0.85 -4.49
FIRSTBANK 10.51 -1.04
FLOURMILL 60.11 -2.05
FO 11.34 0.00
GLAXOSMITH 20.00 0.00
GOLDINSURE 0.55 3.77
GTASSURE 1.59 0.63
GUARANTY 15.90 -0.56
GUINNESS 235.00 0.00
HONYFLOUR 2.14 -4.89
IBTC 6.30 -4.40
IKEJAHOTEL 1.10 -4.35
INTBREW 5.35 0.00
JAPAULOIL 0.60 0.00
JBERGER 31.06 0.00
LASACO 0.50 0.00
LAWUNION 0.50 0.00
LIVESTOCK 1.10 4.76
MAYBAKER 1.44 2.86
MOBIL 132.90 0.00
NAHCO 5.90 -4.84
NASCON 6.30 0.00
NB 109.00 -2.68
NEIMETH 0.62 0.00
NEM 0.50 0.00
NESTLE 425.00 -1.16
NIGERINS 0.50 0.00
OANDO 16.71 -3.41
OKOMUOIL 32.49 0.00
PAINTCOM 1.15 0.00
PORTPAINT 3.25 -4.97
PRESCO 15.01 -4.94
PRESTIGE 0.50 0.00
PZ 23.00 0.00
REDSTAREX 2.83 0.35
ROYALEX 0.50 0.00
RTBRISCOE 1.36 4.62
SKYEBANK 3.20 -3.03
STERLNBANK 1.28 3.23
TOTAL 138.95 0.00
TRANSCORP 0.73 4.29
TRANSEXPR 3.28 0.00
UAC-PROP 11.50 0.00
UACN 36.00 2.92
UBA 4.00 2.30
UBN 4.09 -4.88
UNILEVER 30.51 1.70
UNITYBNK 0.54 3.85
UPL 3.75 0.00
UTC 0.50 0.00
VITAFOAM 3.30 -1.20
WAPCO 44.50 0.00
WAPIC 0.54 0.00
WEMABANK 0.50 0.00
ZENITHBANK 14.85 1.43
View Full Price List

Top 5 Losers

Company Close %Loss
PORTPAINT 3.25 -4.97
DANGFLOUR 6.93 -4.94
PRESCO 15.01 -4.94
ASHAKACEM 10.46 -4.91
HONYFLOUR 2.14 -4.89

Top 5 Gainers

Company Close %Gain
LIVESTOCK 1.10 4.76
RTBRISCOE 1.36 4.62
ETERNAOIL 3.24 4.52
TRANSCORP 0.73 4.29
UNITYBNK 0.54 3.85

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