September 6, 2017/InvestmentOne Research ASI as at 12.00pm: +0.12% Market movers: REDSTAREX (+9.82%), DIAMONDBNK (+3.54%), PZ (-4.73%), SKYEBANK (-4.69%) Sector Performances: Banking (+1.02%), Industrial (+0.02%), Consumer (-0.61%), Oil & Gas (-0.11%) Market activity: Investors have exchanged 121m units of shares worth N2.32bn so far today, a significant increase in activity levels […]
Investors Bite
Guinness Nigeria Grew PBT by 213.41% in 2017 FYE Despite Increase in Costs
September 6, 2017/Cowry Asset Guinness Nigeria Plc today released its financial statements for the year ended 30, June 2017; Revenue increased year-on-year (y-o-y) by 23.48% from N101.97 billion to N125.92 billion. The company also recorded a 90.17% increase in Finance Income to N2.25 billion and a 57.10% increase in “Other […]
Why Green Sukuk Could be a Growth Driver for Islamic Finance
4/9/2017/Medium Corporation/Fitch blog Created to fund projects with positive environmental benefits, green bonds have become rapidly popular in Europe and Asia while gaining traction in the United States. Islamic Finance is one of the latest sectors to begin exploring the possibilities of what has been called “socially responsible” investing. With Islamic […]
