Culled—Proshare February 15, 2018/ARM Research Across our Tier 1 banking universe, we beam our spotlight on FBN Holdings (FBNH). The bank trades at a P/B of 0.7x compared to peer average of 1.4x, and its FY 17E P/E of 6.6x is at a sizable discount to current P/E of 18.8x. […]
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Nigerian Breweries Says 2017 PAT Grew 16.30%, Declares N33 Billion Dividend
By Abdulqudus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Beer producer, Nigerian Breweries Plc on Thursday said its profit after tax (PAT) for the period ended December 31, 2017 grew 16.30 percent to N33.05 billion from N28.4 billion a year ago, according to a filing with the Nigerian Stock Exchange (NSE). Similarly, revenue of […]
Africa Should Invest in Nation Building-VP Osinbajo
February 15, 2018 That is the African story, democracy yes, elections yes, but the question of state building and the capacity of the state to deliver on its most important role which is security and ensuring justice and the rule of law, is often threatened because we simply have not […]
