February 4, 2019/TMT Finance TMT (telecom, media and technology) infrastructure mergers, acquisitions and fundraising in Africa is predicted to continue growing in 2019, as investment news provider TMT Finance (www.TMTFinance.com) predicts that transactions for the year will exceed $10 billion, due to increasing dealflow across the region and appetite from global […]
Investors Bite
Q2 2019 result highlight: Operating Efficiency And Lower Finance Cost Buoyed PBT Performance
February 4, 2019/InvestmentOne Report · Pressured gross profit margin: down 375bps q/q, 483bps y/y · Lower opex/sales ratio: down 530bps q/q, 204bps y/y. · Mixed PBT margin performance: up 208bps q/q, down 215bps y/y. Guinness Nigeria Plc (GN) published its Q2 2019 scorecard last week. The result was weighed down […]
Nigerian Stocks Up +0.35%, Despite Low Equities Market Activity
February 4, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday opened the week positively as the all-share index (ASI) gained 0.35 percent to close at 30,745.05 basis points compared to +0.26 percent appreciation recorded previously, as Year-to-Date (YTD) returns currently stands at a negative -2.18 percent. InvestmentOne report […]
