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 […]
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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 […]
Stocks Closes in Red, as ASI Shed 0.55% on Sell-Offs in Banking. Consumer Goods Counters
March 29, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 29th March 2017 EQUITIES Following sell-off in some Banking and Consumer names, the All Share Index shed -0.55% to close in the red for the second day in a row, taking YTD return to -5.98% while the index market […]
