Investors Bite

ETI Says 2018 Profit Up +46% to N102.17 Billion

March 28, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Thursday its profit for the period ended December 31, 2018 rose 46.0 percent to N102.17 billion from N69.99 billion recorded a year earlier. Similarly, pretax profit increased 53.5 percent to N135.53 billion from 88.31 billion declared […]

Bond Market Trades Flat, Despite Significant Cut in Auction Rates

Culled—Proshare March 28, 2019/ Zedcrest Capital ***FG launches Micro Pension Plan for informal sector*** KEY INDICATORS Indicator Value Commentary Inflation 11.31% As at March 15, 2019. A c.6bps decline from 11.37% recorded in January 2019 MPR 13.50% Cut by 50bps to 13.50% at the Mar. 26, 2019 MPC Meeting External […]

Transcorp Group Unveils Strategy to Drive 2019 Projections

March 28, 2019/Transcorp Plc •                        Targets Cost Management Initiatives to Drive Hospitality Business, Others •                        Transcorp Power positions to maintain power generation lead in Nigeria by increasing its generation capacity.  Lagos, Nigeria: Nigeria’s leading conglomerate, Transnational Corporation Plc has set strategies to maintain the strong business performance displayed in the recently released 2018 year-end […]