Investors Bite

N50bn Green Bond to be floated to finance #CleanerLagosInitiative

Culled—Proshare August 11, 2017/Proshare WebTV With a clear resolve to transform its environmental waste management process, through a strategic public-private partnership model, a N50bl Green Bond is being planned out for Lagos State. The first tranche of N27bl will be issued from August 14, 2017 to span the next two […]

Zenith Bank Plc Q2 2017 Results: Initial Impression

August 11, 2017/InvestmentOne Research NIGERIA | EQUITIES | BANKING | ZENITH BANK PLC Q2 2017 results highlight: Surge in loan impairment charges weighs on gains from FX trading ·         Net interest income of N68.36bn, down  -3.2% q/q; -0.7% y/y ·         Profit before tax of N47.98bn, up +8.6% q/q; +120.3% y/y […]

AIICO Opens Discussion with Investor

August 10, 2017/NSE In furtherance of an approval and authorization to that effect granted by its shareholders at the 46th Annual General Meeting held on 5th May 2016 at Federal Palace Hotel, Lagos, AIICO Insurance Plc. (AIICO) has opened discussions with an Investor on a Non-Binding basis for Investment in […]