Culled—Proshare August 1, 2018/Vetiva Research Earnings beat estimates – PAT up 14% y/y Impressive E-biz income boosts Non-Interest Income line Loan loss provision revised lower to reflect H1’18 run rate Target Price raised to ₦13.53 (Previous: ₦12.84)  Q2’18 recovers on stronger Non-Interest Income, PAT up 27% q/q FBNH released its […]

August 1, 2018/InvestmentOne Report NIGERIA | EQUITIES | BANKING | DIAMOND BANK PLC Q2 2018 results highlight:   ·         Net interest income of N23.08billion, down 1.4% q/q; 11.5% y/y   ·         Non-interest Income of N10.96billion, up 34.8% q/q; 25.4% y/y   ·         Profit before tax of N1.67billion, up 33.1% q/q; […]

August 1, 2018/InvestmentOne Report NIGERIA | EQUITIES | OIL & GAS | FORTE OIL PLC. H1 2018 result highlight: Poor bottom-line performance following divestment strategy ·         Revenue; up 32.4% y/y. ·         Contraction in gross profit margin; 398bps y/y. ·         Unimpressive PBT performance; down 42.3% y/y.  Yesterday, Forte Oil Plc released […]