By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc on Wednesday said its pretax profit for the period ended December 31, 2017 climbed up 21.4 percent to N200.4 billion from N165.1 billion recorded a year earlier. Post-tax profit of the bank also appreciated 28.9 percent to […]
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Intraday Update: Nigerian Stocks Down -0.47% on Sell-Offs in Banking Counters
March 14, 2018/InvestmentOne Update ASI as at 12.00pm: -0.47%. Market movers: LASACO (-9.52%), NPFMCRFBK (-9.19%), INTBREW (+7.89%), CILEASING (+5.00%). Sector Performances: Banking (-1.92%), Oil & Gas (-0.27%), Consumer Goods (+0.08%), Industrial. Market activity: In todays early trade, total volume and value fell by c.58% and c.61% respectively compared to this […]
Bond yields crash by 15bps as DMO cuts Total Auction Size in Half
Culled—Proshare 13/3/2018/Zedcrest Capital *** Senate set to confirm CBN deputy governors ahead of MPC*** Bonds The Bond market witnessed a significant decline in yields in today’s session, as market players refreshed their offers significantly below their previous day levels on the back of the FGN bond offer circular released by […]
