March 2, 2020/jspcommunications Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2019 to the Nigerian and London Stock Exchanges.  A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and […]

March 2, 2020/Cordros Report GUARANTY recently released its audited FY-19 numbers, which were in line with the performances posted right through the quarters of the year. EPS settled 6.4% higher year-on-year at NGN6.96/s. The performance was supported by moderate growth in both interest and non-interest income, alongside industry-best efficiency. Also, […]

March 2, 2020/Cordros Report Relative to 2019, when we were impulsive on cement prices, we struggle to any material upside for selling prices going forward. Management reiterated its commitment towards keeping prices stable while maintaining market share despite the aggressive competitive landscape especially in Nigeria; we have a contrary view. […]