November 2, 2017/Cordros Research First Bank of Nigeria Holdings Plc (”FBNH”) released unaudited Q3-17 results, wherein gross earnings grew marginally by 1.85% q/q and 0.40% y/y (1.77% above our estimate), while PBT and PAT rose 28.01% q/q (71.19% y/y) and 24.44% q/q (145.47% y/y), respectively. The growth in earnings was […]
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Intraday Update: NSEASI Heads South on Sell-Offs in Nigerian Breweries
November 2, 2017/InvestmentOne Research ASI as at 12.00pm: -0.05% Market movers: FIDSON (-4.76%), PZ (-4.02%), FBNH (+7.53%), LEARNAFRCA (+4.35%) Sector Performances: Consumer Goods (-1.00%), Banking (+0.29%), Industrial, Oil & Gas Market activity: In today’s trade, investors have exchanged over 125m units of shares worth c.N1.03bn. This represents an improvement in volume […]
Nasdaq Dubai Welcomes Listing Of $500m Sukuk By APICORP
Culled—Proshare November 2, 2017/Nasdaq Nasdaq Dubai, the region’s international stock exchange, welcomed today’s listing of a 500 million US dollar Sukuk by APICORP, the multilateral development bank established to foster the development of the Arab world’s oil and gas industries. It is APICORP’s second Sukuk listing on Nasdaq Dubai, following […]
