Culled—Proshare April 29, 2019 by FBNQuest Research Modest revisions to our 2019-20E earnings forecasts2% avg Although Zenith Bank’s (Zenith) Q1 2019 PBT came in well ahead of our estimates, PAT was broadly in line, due to a negative result of –N6.6bn in other comprehensive income. Consequently, we have made modest […]
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Former Ethiopian Prime Minister Charges African Investors to Emulate Dangote’s Investment Drive
He insisted that Africa needs massive investment like the Dangote Refinery for economic development April 29, 2019/Dangote Group Former Ethiopia Prime Minister, Hailemariam Desalegn has described as exceptional and enormous the investment of the Dangote Group (https://Dangote.com) in Africa’s oil refining sector and urged other private sector investors to take […]
MIDDAY UPDATE: Nigerian Stocks Up +0.14% on Gains in Consumer Good, Oil & Gas Names
April 29, 2019/InvestmentOne Update ASI as at 12.00pm: +0.14%. Market movers: JBERGER (+10.00%), UACN (+10.00%), TRANSEXPR (-9.88%), MAYBAKER (-9.78%). Sector Performances: Oil & Gas (+0.78%), Consumer Goods (+0.47%), Banking (-0.35%) and Industrial (-0.05%). Market activity: In today’s early trade, total volume and value increased by 5% and 96% respectively compared […]
