Culled—Proshare October 25, 2017/Mondo The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) signed an agreement to strengthen co-operation on FinTech between the two cities and foster FinTech development within the region. The Co-operation Agreement (“Agreement”) was exchanged on 25 October 2017, at the FinTech Day […]
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Positive Surprise in Zenith Bank’s Q3 2017 Results, FBN Quest Lowers Cost of Risk
Culled—Proshare October 25, 2017/FBNQuest Research 7-8% increase to our 2017-18E EPS forecasts / price target: We retain our Outperform recommendation on Zenith Bank (Zenith), following its Q3 2017 results which came in well ahead of expectations. We have lowered the cost-of-risk assumption driving our loan impairment forecast for 2017E by […]
Oando Secures Court Injunction, restraining SEC, NSE
Culled—Proshare 24/10/2017/NSE Following the directive by the Securities and Exchange Commission of Nigeria, that the Nigeria Stock Exchange should effect a full/technical suspension on the trading of the shares of Oando; the company has obtained an ex-parte order from the Federal High Court. The Federal High Court Injunction is to […]
