Culled—Proshare 12/9/2018/Zedcrest Capital ***New Minimum Wage: Labour issues two weeks ultimatum to FG*** KEY INDICATORS Indicator Value Commentary Inflation 11.14% As at August 15, 2018, 9bps down from 11.23% recorded in June 2018. MPR 14.00% Next MPC meeting scheduled for September 24 & 25, 2018 External Reserves $45.28bn As at […]
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Access Bank Plc: Poised to Outperform, Despite Fair Performance in H1-18 Result
September 12, 2018/Cordros Update Update: We resume coverage of ACCESS with a BUY recommendation. In its latest result for H1-2018, EPS grew by a marginal by 0.42% vs. H1-17 to NGN1.37. Interest income increased by 15.31%, driven by growth in interest earned on customer loans. However, a faster growth in […]
FinTech: SEC Interested in Protecting Investors – Uduk
September 12, 2018/SEC In its desire to transition towards a technology driven capital market as well as protect investors, the Securities and Exchange Commission, SEC, has said that the Commission would soon come out with regulations that would guide such products in the capital market.This was disclosed by the Acting […]
