Culled—Proshare March 22, 2017/CardinalStone Research Access Bank of Nigeria Plc held its earnings conference call to explain its FY’16 results. We retain our target price (TP) to N8.32 and maintain our BUY rating on the counter. Kindly see below the key points from the conference call. Management explains exposure to […]
Money Market
UNITYBANK Names Names Mohammed Shehu New Company Secretary
March 22, 2017/NSE The Board of Directors of Unity Bank Plc at its meeting of February 24, 2017 approved the appointment of Mohammed Shehu as the new Company Secretary of the Bank. This appointment is in line with the succession plan of the institution. Mohammed Shehu is a Lawyer with […]
MPC Commentary – When Time Consistency Becomes a Different Kind of Problem
March 22, 2017/Proshare Research Introduction The monetary policy committee at the end of its second meeting in the year 2017, concluded to play the familiar do nothing card. Thereby leaving the monetary policy rate and cash reserve ratio static at 14% and 22.5% respectively. Also keeping the liquidity ratio at […]
