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Guaranty Trust Bank Q4 2017 Results Review – Modest 2018 PBT Growth Guidance

Culled—-Proshare March 21, 2018/FBNQuest Research  7% cut to earnings and price target GT Bank’s 2018 PBT guidance of N205bn implies PBT growth of just 2.4% (excluding recoveries). If that figure is achieved, it would mark the weakest year of PBT growth since 2010, although close to the 4% in 2013 […]

FCMB Names Oladipupo Jadesimi as Board Chairman

March 21, 2018/NSE  FCMB has announced the election of a new Chairman – Mr. Oladipupo Jadesimi following the approval of his appointment as a Non – Executive Director by the Central Bank of Nigeria and subsequent approval of his nomination as Chairman by the Board of Directors at its meeting […]

CWG Says Estimated Earnings, FYE Projections to be Lower than Previous Years

March 20, 2018/NSE Following the preliminary review of CWG Plc’s (“the Company”) Financial Statements for the year ended 31 December 2017, it is expected that the estimated earnings and year-end financial projections will be materially lower in comparison to the prior year financials. The reduction in earnings is predominantly a […]