August 29, 2017/Cordros Research In its recently released H1-17 results, UBA recorded a significant growth in gross earnings (+34.51% y/y), driven by impressive growth across income lines – interest income (+44.25%) and non-interest revenue (+16.01%). Over H2, we believe the improved yields on interest earning assets (expanded 205 bps to […]
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NSE Closes Second Straight Session in Red, ASI Down 0.42% on Bellwether Stocks
August 29, 2017/InvestmentOne Research Please click to download the Market Report for Tuesday 29th August 2017 EQUITIES: For the second consecutive trading sessions, the Nigerian equities market closed in the red, falling by -0.42% to 36,165.93pts. Today’s performance was largely driven by the sell-off in bellwether stocks; DANGCEM (-115pts) and NB […]
Stanbic IBTC Announces Delay in Release of H1’17 Result
28/8/2017/NSE This is to inform The Nigerian Stock Exchange as well as our Esteemed Stakeholders that we are experiencing a slight delay in the release of the 2017 Half Year Audited Financial Statements for Stanbic IBTC Holdings PLC (“Stanbic IBTC”). This delay is occasioned by the fact that we are […]
