July 4, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has extended the mandate of the board of directors of Skye Bank Plc for an additional two (2) years to 2020. This is contained in a notice on Wednesday signed by Babatunde Osibodu, company secretary/general counsel […]
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FLOURMILL FY 2018 Results – Gains from Deleveraging To Support FY 2019 PAT
Culled—Proshare July 4, 2018/Vetiva Research Weak Q4’18 performance drives FY earnings underperformance 5% revenue growth expected for FY’19 amidst muted price increases Lower debt balance to support moderation in interest costs Operating margin estimate reduced, BUY rating maintained Weak Q4 performance dampens earlier gains from FY’18 FLOURMILL recently released its […]
Bears Sustain Hold on Nigerian Bourse Third Consecutive Session
July 4, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday closed the third trading day of the week on a negative note as all-share index (ASI) shed 0.28 percent to close at 37,499.07 points. InvestmentOne reports that the session’s performance was driven by the losses […]
