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    First Ideas Limited
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    We are Experienced Experts
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    that are tailored to meet your individual needs

Investment Advisory Services

Our Investment advisory services provides persionalized investment allocation & guidance for investors

Financial Advisory Services

We assist companies with the reviewing their financial structure with a view to provide assist ..

Share Transmission Services

This Service is provided to Estates of high net worth individuals with quoted securities portfoilo....

Investment Research

We also conduct in house Corporate Finance, Fund Management and Credit Training for Financial Instit

Banking Sector

Solvency and Liquidity Ratios

Net interest margin is an important indicator in evaluating banks because it reveals a bank’s net profit on interest-earning assets, such as loans or investment securities.


Banking Ratio
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Capital Market Report

Market Statistics

View up-to-date Market statistics, highlight, indices and trading activities.


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We focus on advice consulting business financials

Market Commentary

Economic Highlights

8th March 2022

Announcement of proposed acquisition of SIAT Nigeria Limited by Presco Nigeria Plc for cash consideration of N21 billion. SIAT is the operator of three oil palm estates in Rivers State, Nigeria including Ubima Estate, Elele Estate and Risonpalm Estate.

10th March 2022

Publication of receipt of court sanction of the Scheme of Arrangement of Access Bank Plc on its restructuring to a holding company.

17th March 2022

Successful completion of Nigeria’s USD1.25 billion 7 years Eurobond issue at 8.375%.

17th March 2022

Successful completion of Nigeria’s USD1.25 billion 7 years Eurobond issue at 8.375%.

29th March 2022

Notice of Extraordinary General Meeting of Capital Hotels Plc scheduled for 25th April 2022 to approve private placement of 1,611,995,510 ordinary shares representing 51% shareholding with 22 Hospitality Limited at N7 per share.

29th March 2022

Approval of shareholders of Neimeth Pharmaceuticals Plc of capital raising of N5 billion through combination of Rights and private placement.

5th April 2022

Announcement of completion of Presco Nigeria Plc N34.5 billion 7 years 12.85% Fixed Rate Bond due 2029.

7th April 2022

Submission of supplementary upward revision of N965.42 billion to the 2022 Approved Federal Government of Nigeria Budget to the National Assembly by the President increasing the Budget Deficit to N7.35 trillion. The revision is to provide for an increase in the Fuel Subsidy Budget fro N3 trillion to N4 trillion.

7th April 2022

Announcement of agreement on sale of Suntary Beverage and Food Nigeria Limited (SBF) to the Chanrai Summit Group in transaction valued at USD14 million. SBF is the owner of the Ribina and Lucozade brands in Nigeria.

14th April 2022

Approval of revised Medium Term Expenditure Framework, N4trillion 2022 Petroleum Subsidy and N7.35 trillion 2022 Budget Deficit by Nigeria’s House of Assembly as proposed. The Revised 2022 Budget is based on revised average crude oil price of USD73/barrel and average crude oil production of 1.6 million barrels per day, increase in domestic debt service of N76.13 billion and decrease in Statutory Transfers of N66.07 billion.

26th April 2022

Nigeria National Pension Commission (PENCOM) approved the acquisition of IEI-Anchor Pension by Norrenberger. The pension fund administration company was divested by International Energy Insurance Plc as part of the compliance plan to meet the new capital requirements.

27th April 2022

Announcement of completion of Shelter Afrique’s N46 billion Fixed Rate Senior Unsecured 5 years and 7 years Bonds at 13% and 13.25% respectively.

Key Economic Statistics

Nigeria Headline Inflation for March 2022 (15.92%)

Nigeria Real GDP Growth for Q4 2021 (3.98%)

Federal Government of Nigeria Interest/Revenue percentage 2021 (59%)

Nigeria External Reserves as at 31/3/21 (USD39.55 bill.)

Nigeria External Borrowings as at 31/12/21 (USD38.39 bill.)

Nigeria Unemployment Rate for Q4 2020 (33%)

Nigeria Underemployment Rate for Q4 2020 (23%)

Nigeria Gross Export Revenues in 2021 (USD45.79 bill.)

Nigeria’s Growth in Export Revenues in 2021 (30%)

Nigeria Banking average Lending Non-Performing Ratio February 2022 (4.84%)

Nigeria Stock Exchange All Share Index growth year to April 30, 2022 (+16.2%)

First Ideas Index (FIL) growth year to April 30, 2022 (+23.8%)

Special Report

ASUU to call off strike if FG accepts UTAS – Osodeke

2022-07-05

• The IEFX and the NAFEX rate closed positive. • The BDC rates closed flat • The Brent Crude Oil price moved d

2022-07-04

• The equities market recorded positive performance – the listed equities market, NGXASI, recorded a +0.24% gain WoW and the NASD OTC closed positive with a +0.75% g

2022-07-04

Global Economy • China’s factory activity snapped three months of decline in June, as authorities

2022-07-04

Nigeria’s oil and gas sector struggled for survival in the first half of 2022, despite surging crude oil prices and

2022-07-04

CURRENCY/ FX MARKET The naira appreciated by 0.01% at the I&E FX Window to close at N425.00/USD while the NAFEX rate depr

2022-07-01