Culled—Proshare 17/12/2018/Proshare Research Market sentiment towards the stocks of Access Bank and Diamond Bank Plc today was positive following the expected announcement of an ongoing merger talks between the two banks which of both them finally confirmed via individual press releases.   At the end of trading today, ACCESS share price grew by […]

Culled—Proshare December 7, 2018/FBNQuest Research Slight changes to EPS forecasts Unilever Nigeria’s (Unilever) Q3 2018 earnings, which beat our forecast by 29%, were largely boosted by gains recorded from the sale of the spreads business (Blue Band). Stripping this gain out, we estimate that PBT would have shown a negative […]

Culled—Proshare December 6, 2018/FBNQuest Research Single digit increase to our 2019E EPS forecast and price target FCMB’s Group’s (FCMB) Q3 2018 pre-tax earnings came in well ahead of our forecast. The positive surprise was driven by revaluation gains which boosted the non-interest income line. On its conference call, management noted […]