27/4/2018/PFCAfrica FCMB Group Plc is on a stronger pedestal and will continue to provide superior performance that would add significant value to stakeholders in a sustainable manner in spite of the challenging macroeconomic and regulatory environments. The financial institution added that its subsidiaries are well positioned to deliver more cutting-edge solutions […]
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Guinness Nigeria Q3-18: Further weakening margin; opex and finance cost to the rescue
30/4/2018/Cordros Capital Update: GUINNESS reported 40% y/y increase in Q3-18 net profit (EPS: -4% y/y), coming off better-than-expected revenue growth, and relatively lower operating expenses and finance charges. Both masked a disappointing gross margin, which has now weakened for four quarters in a row. Compared to consensus, the reported net […]
Warren Buffett explains how you could’ve turned $114 into $400,000 with a simple long-term investment
24/4/2018/Yahoo Finance Andy Serwer Editor in Chief Many of us know the magic of investing money in the stock market—just letting it sit and watching it grow—but few of us really grasp just how powerfully enriching this can be. Not surprisingly, Warren Buffett, the world’s greatest investor, has a vivid […]