March 21, 2018/NSE Introduction Following an assessment of the current market structure, the Nigerian Stock Exchange (”The Exchange”) is embarking on changes to its equities market structure in order to create an optimal market design that facilitates improved market depth, liquidity provision and price efficiency. The new market structure will […]
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Access Bank of Nigeria Plc: FY-17; Unimpressive Performance
March 21, 2018/Cordros Report Access Bank Nigeria Plc (ACCESS) released its FY-2017 results at close of trade today, showing growth in Gross earnings in the year by 20.39% to NGN459.08 billion – short of our estimates by 5.71%. PBT (-11.36%) and PAT (-13.23%) declined to NGN80.07 billion and NGN61.99 billion […]
Access Bank Says 2017 Post-Tax Profit Down 13.2% to N61.99 Billion
By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc said on Wednesday its post-tax profit for the period ended December 31, 2017 declined13.2 percent to N61.99 billion from N71.43 billion recorded a year ago. In the same vein, pretax profit dropped 11.4 percent to N80.07 billion […]
