Culled—Proshare August 7, 2018/Zedcrest Capital ***Osinbajo meets DSS’ most senior director, Seiyefa, Magu*** ***Nigerian Central Bank ‘in the Mood for Tightening,’*** – Nnanna KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at July 23, 2018, 38bps down from 11.61% recorded in May 2018. MPR 14.00% Next MPC meeting scheduled for […]
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Nigerian Exchanges Collaborate for Greater Global Competitiveness
…Launch Association of Securities Exchange of Nigeria (ASEN) 6/8/2018/NSE The Nigerian capital market will on Wednesday, August 8, 2018 witness the launch of the Association of Securities Exchange of Nigeria (ASEN) at The Nigerian Stock Exchange event centre in Lagos. ASEN, Nigeria’s first association of domestic securities exchanges, is a […]
Zenith Bank: Decline in Income Lines Weigh on Q2-2018 Performance
August 6, 2018/Cordros Report Update: Zenith Bank Plc released Q2-2018 result this afternoon, showing a decline across major income lines, which resulted in a 34.25% y/y and 9.56% q/q drop in Gross earnings. Interest income was 40.31% down from the corresponding period last year, and lower by 39.66% q/q. The […]
