Investors Bite

UBA Report: Consolidating on Stellar Q3 Performance Amidst OPEX Pressure

October 16, 2017/Cordros Research Click here to download full PDF copy of report This afternoon, United Bank for Africa Plc (UBA) released 9M 2017 results, wherein key lines consolidated on the impressive performance in the first six months. Gross earnings grew by 25.75% (missed our estimate by 2.67%), driven by […]

Nigerian Stocks Sustains Bullish Momentum on Bargain Hunting

October 16, 2017/Cordros Report Click here to download full PDF copy of report EQUITIES The equities market sustained its uptrend, with the ASI appreciating by 0.33% to 36,971.27 points, following bargain hunting in value stocks Accordingly, the Month-to-Date and Year-to Date returns improved to 4.32% and 37.57%, respectively. The Banking […]

CR Services Plc Set to Float Rights Issue

Culled—Proshare October 16, 2017/NASD Plc Further to the passage of the resolutions authorising the Company’s proposed Rights Issue at the Extra-Ordinary General Meeting, this is to notify shareholders of CR Services (Credit Bureau) Plc. that the Company has obtained the Securities & Exchange Commission’s clearance of the Offer documents to be used […]