April 4, 2018/NSE This is to inform members of the Nigerian Stock Exchange (NSE), esteemed shareholders and other stakeholders that Diamond Bank Plc is unable to release its 2017 audited financial statements by March 31. 2018 as required by NSE rules. We have become aware that due to the stage […]
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Bears Sustain Hold on NSE, as Benchmark Index Declines -026% on Sell-Offs in Banking, Consumer Goods Counters
April 4, 2018/InvestmentOne Report Similar to yesterday, the Nigerian equities market printed in the red, losing 0.26%. Market breadth index ended negative with 18 advancers against 26 stocks that declined. LASACO (+5.88%) topped the gainersâ chart  while DANGFLOUR (-9.54%) had the worst performance. FBNH (-1.22%) was the most actively […]
FCMB Group Reports Q4 2017 Results – Significant Spike in Loan Loss Provisions
Culled—Proshare April 4, 2018/FBNQuest Research Event: FCMB Group reports Q4 2017 results Implications: Likely upward revisions to consensus 2018 estimates and positive reaction from the market Positives: PBT grew by 123% y/y, driven by solid growth in non-interest and funding income Negatives: Significant spike in loan loss provisions This afternoon […]
