May 3, 2017/Cowry Asset Overall equities market performance measures, NSE ASI and market capitalisation, revved by 58.4 bps amid bullish activities. Elsewhere, NIBOR moved in mixed directions across the tenor buckets. On the otherhand, NITTY fell for most of the maturities amid renewed bargain hunting. Meanwhile the OTC FGN bond […]
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Shareholders Commend FCMB’s performance in 2016; Approve Dividend
May 3, 2017/PFCAfrica Communications Limited Lagos: April 28, 2017 – Shareholders of FCMB Group Plc have applauded the financial institution for its resilience, dynamism and the enhanced performance recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 4th Annual General Meeting (AGM) of […]
FBN Holdings Plc | FY2016 and Q12017 Update: Asset Quality Pressure on the Bottom line Persists
May 3, 2017/Cordros Research Click here to download full PDF Report Last week, First Bank of Nigeria Holdings Plc (”FBNH”) released audited full year 2016 results, wherein gross earnings grew by 15.17% (1.86% above estimate), buoyed by growth in net insurance premium (+14.85% y/y) and significant improvement in non-interest revenue […]
