August 8, 2024/Aetoswire Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first half 2024 consolidated financial results, recording revenue of AED 13.7 billion, EBITDA of AED […]

August 7, 2024/United Capital Report First Bank Nigeria Holdings (FBNH) Plc released its H1-2024 results, showing that Gross Earnings (GE) grew 2.2x to settle at N1.4tn compared to the N641.0bn in the corresponding period of 2023. The top-line growth was driven by increases in its Interest Income and non-Interest Income, which […]

August 5, 2024/FBNQuest Research Downward revisions to our FY 2024 EPS forecast and price target: FCMB Group’s (FCMB) Q2 2024 earnings aligned with our forecasts. Nevertheless, we have cut our FY ’24-25f EPS forecasts by an average of -25%, primarily because of significant downgrades to our funding income forecasts Q2 2024 […]