Culled—Proshare March 16, 2018/Zedcrest Capital ***Nigeria’s central bank aims for first rate meeting by April***- Emefiele KEY INDICATORS Inflation 14.33% Declined by 0.80% in February from 15.13% in January 2018 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External Reserves $44.20billion Accreted 1.59% as at […]
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Nigerian Equities Market Sustain Downtrends, as Benchmark Index Shed -1.53% on Sell-Offs
March 15, 2018/InvestmentOne Report The Nigerian equities market sustained its downtrends today as NSE-ASI shed 1.53%. Similarly, market breadth index ended negative with 15 stocks gaining against 39 stocks that declined. NPFMCRFBK (+9.78%) had the best performance while FIDELITYBK (-9.25%) topped the laggards chart. ZENITHBANK (-3.85%) was the most actively […]
Guaranty Trust Bank Plc- Decent Result but Signs of Lower ROE Emerges
Culled—Proshare March 15, 2018/ARM Research Guaranty Trust Bank (GTB) released full-year 2017 audited numbers announcing a 34% YoY expansion in EPS to N6.03 (2017E: N5.67). In addition, the bank declared a final dividend of N2.40 which in addition to interim of N0.30 brings total payout to N2.70 – 10kobo below […]
