March 23, 2018/Cordros Report United Bank for Africa Plc (UBA) released its FY-2017 results, showing growth in top and bottom line items – Gross earnings (+20.31% to NGN461.56 billion) and PAT (+8.75% to NGN78.59 billion) – but missing our estimates by 2.24% and 3.64% respectively. Against Bloomberg’s polled estimates, pre-tax […]
Investors Bite
Intraday Update: NSEASI Up +0.57% on Continuous Buy Interest Across Sectors
March 23, 2018/InvestmentOne Research ASI as at 12.00pm: +0.57%. Market movers: CADBURY (+9.81%), JAPAULOIL (+9.52%), FTNCOCOA (-8.33%), FIDSON (-4.95%). Sector Performances: Banking (+2.18%), Industrial (+0.92%), Consumer Goods (+0.11%), Oil & Gas (+0.04%). Market activity: In today’s early trade, While total volume declined by c. 23%, total value increased by c.5% […]
March 2018 FGN Bond Auction – Total Subscription Put At N142.81bn
Culled—-Proshare March 23, 2018/DMO The Debt Management Offices wishes to inform the General Public that it has conducted the third in the series of FGN Bond Auctions for the year on March 21, 2018 to raise funds for the implementation of the 2018 Budget. Bonds were offered in three tenors […]
