Investors Bite

NSE National Council Approves Demutualisation Process

March 30, 2017/NSE The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce that its members have approved the demutualisation programme of the Exchange. This decision was reached at the Extra-Ordinary General Meeting (EGM) of its members which held on Thursday, March 30, 2017, at the Stock Exchange […]

Access Bank on Sustainable Growth Path, Pays 65 Kobo Total Dividend in 2016 End

By InvestAdvocate Lagos (INVESTADVOCATE-Nigeria’s tier one lender, Access Bank Plc on Wednesday said it was on a sustainable growth path, according to Mosun Bello-Olusoga, chairman of the bank at its 28th Annual General Meeting (AGM). The lender also approved the payment of a final dividend of 40 kobo per share […]

Total Nigeria Plc – Moving from Underperform to Neutral Rating

Culled—Proshare March 29, 2017/FBNQuest Research EPS forecasts up 24% over the 2017-19E period; PT up 19% Total’s full year 2017 PAT of N14.8bn grew 266% y/y on the back of solid topline growth and a gross margin expansion of 498bps y/y to 17%. The company benefitted from shrinking competition in […]