Culled—Proshare October 18, 2017/FBNQuest Research Event: GT Bank reports Q3 2017 results Implications: On track to beat consensus full year PBT forecast of N193bn Positives: Marked y/y declines in opex and provisions Negatives: Weaker-than-expected non-interest income This afternoon GT Bank (GTB) published its Q3 2017 results. Although the bank’s results […]
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GTBank Plc: Q3 2017 Results: Key Highlights
October 18, 2017/InvestmentOne Research GTB released its Q3 2017 results earlier today. Please find key highlights of the Q3 2017 results below: · Net interest income of N60.0bn, down -5.3% q/q; +11.9% y/y · Profit before tax of N48.9bn, down -3.5% q/q; -11.3% y/y · Profit after tax of N41.9bn, […]
SEC Affirms Oando’s Suspension Till Further Notice
October 18, 2017 By Abdulquddus Okele InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities & Exchange Commission (SEC) on Wednesday confirmed the suspension of trading on the shares of oil marketing major, Oando Plc from the floors of the Nigerian Stock Exchange (NSE). SEC said it received two petitions from Alhaji Dahiru Barau Mangal […]
