By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Thursday returned to the Nigerian Stock Exchange (NSE) as the all-share index (ASI) dipped by 0.51 percent to close at 27,280.95 points. “Today’s negative close increased the Month-to-Date and Year-to- Date losses to 2.60 percent and 4.75 percent respectively,” according to the […]
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Zenith Bank Reports Q2 2016 Results; Significant FX-Related OCI Gains Boosted PAT
August 11, 2016/FBNQuest Research Event: Zenith Bank reports Q2 2016 results Implications: Underlying results (PBT) tracking in line with full year guidance (N126bn) Positives: Significant fx-related OCI gains boosted PAT; underlying results healthy Negatives: Marked y/y increase in loan loss provisions Zenith Bank’s Q2 2016 results which were published this […]
NSE Revises Bond Listing,Trading Fees
August 11, 2016/NSE The Nigerian Stock Exchange (NSE or “The Exchange”) has announced the revision of the listing and trading fees for securities listed and traded on its Fixed Income Market. The revised fee structure which is effective August 17, 2016, will be piloted for an initial six month period, […]
