Culled—Proshare March 21, 2018/Zedcrest Capital *** FG Targets 7% Economic Growth in 2-3 years*** – Adeosun Bonds The bond market traded on a slightly bullish note with some lifts especially on the short end of the curve, as market players cautiously tracked proceedings at the bond auction which witnessed slightly […]
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ETI Reports N69.99 Billion Profit in 2017 End
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its profit for the period ended December 31, 2017 rose 233.1 percent to N69.99 billion from a negative of N52.60 billion recorded a year earlier. Similarly, pretax profit increased 362.0 percent to N88.30 billion from a negative […]
Access Bank Reports Q4 2017 Results – Funding Income Grew by 28% as OPEX Declined by 21% YoY
Culled—Proshare March 21, 2018/FBNQuest Research Event: Access Bank reports Q4 2017 results Implications: Likely downward revisions to consensus PBT forecasts and negative reaction from the market Positives: Funding income grew 28% y/y: opex declined by 21% y/y Negatives: PBT fell by 67% y/y due to a reduction in non-interest income and a […]
