Investors Bite

Guaranty Trust Bank Plc- Decent Result but Signs of Lower ROE Emerges

Culled—Proshare March 15, 2018/ARM Research  Guaranty Trust Bank (GTB) released full-year 2017 audited numbers announcing a 34% YoY expansion in EPS to N6.03 (2017E: N5.67). In addition, the bank declared a final dividend of N2.40 which in addition to interim of N0.30 brings total payout to N2.70 – 10kobo below […]

Intraday Update: NSEASI Down -0.59% on Sell-Offs in Banking, Oil & Gas Counters

March 15, 2018/InvestmentOne Update ASI as at 12.00pm: -0.59%. Market movers: FIDELITYBK (-9.25%), JAPAULOIL (-8.75%), NPFMCRFBK (+9.78%), HONYFLOUR (+4.05%). Sector Performances: Banking (-2.22%), Oil & Gas (-1.15%), Consumer Goods (+0.26%), Industrial. Market activity: In today’s early trade, total volume and value increased by c.48% and c.21% respectively compared to this […]

DMO Opens Monthly FGN Bond Auction March 21, 2018

March 15, 2018/DMO The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications for N10,000,000,000 – 14.50% FGN JUL 2021 (5-Year Re-opening)* N30,000,000,000 – FGN MAR 2025 (7-Year […]