October 18, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks midday Thursday is up +1.23 percent on gains in Banking and Industrial Goods sectors. InvestmentOne reports that market movers are cement producers, Dangote Cement Plc and insurer, Hallmark Insurance Plc; both are up +4.50 percent and +3.57 percent each, While on the […]
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UBA Q3 2018 Results – PAT at N61.70b As Non-interest Income Grew by 25% YoY
Culled—Proshare 17/10/2018/NSE with additional comments from FBNQuest Research United Bank for Africa (UBA) released Q3 ‘2018 results this morning. See below the results and initial view. Source: NSE CLICK HERE TO VIEW MORE FBN Quest – Initial View Implications: When annualised, UBA’s 9M 2018 PBT tracks behind consensus PBT forecast […]
PMA Rates Clear Higher Amid Tighter System Liquidity
Culled—Proshare 17/10/2018 ***Senate Approves Issuance of $2.786bn Eurobond for 2018 Budget Funding*** KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at September14, 2018,9bps up from 11.14% recorded in July 2018. MPR 14.00% Left Unchanged for the 11th Consecutive Time at the Sept. 25, 2018 MPC Meeting External Reserves $42.91bn As […]
