Culled—Proshare March 5, 2020 By FBNQuest Research Limited changes to our earnings forecasts and price target We maintain our Outperform rating on MTN Nigeria (MTNN) following its Q4 2019 results which were broadly in line with our expectations. Our 2020-21E EPS forecasts and price target of N201.0 are also unchanged. […]
Results & Dividends
Stanbic IBTC Posts N75 Billion Profit In 2019 Full Year Audited Group Results
March 5, 2020/Mediacraft Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has declared a profit after tax of N75 billion in its full year audited group results for 2019. This represents an increase over its year end 2018 profit after tax which was N74.4 billion. Profit before tax […]
NOVA Merchant Bank Limited Declares N1.65bn in PAT
—— Third Year of Continued Sustained Growth March 5, 2020/NOVA Merchant Bank NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2019, recording impressive performances across its major financial lines. Specifically, the Bank declared a profit after tax of N1.65 billion for the 2019 financial […]
