May 3, 2024/Cordros Report United Bank for Africa (UBA) released its Q1-24 unaudited financials today, which showed that the Holdco recorded a significant 169.4% year-on-year growth in EPS to NGN3.96 in Q1-24 (vs Q1-23: NGN1.47). The expansion in the group’s EPS was underpinned by the remarkable expansion in funded income […]
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Intraday Update: Nigerian Stocks Gain +0.38%, Buoyed by Blue Chips
May 2, 2024/InvestmentOne Update ASI as at 12.00pm: +0.38% Top Gainers and Losers: FLOURMILL (+10.00%), PRESCO (+10.00%), NASCON (-9.99%) and UPL (-9.29%). Sector Performances: Banking (+2.24%), Consumer Goods (+0.61%), Oil & Gas, and Industrial. Market activity: In today’s trade, total volume and value both declined by 22% and 39% respectively, […]
Asia’s Growth and Inflation Outlook Improves, but Risks Remain
(Credit: estherpoon/iStock by Getty Images) April 30, 2024/IMFBlog By Krishna Srinivasan The outlook for Asia and the Pacific in 2024 has brightened: we now expect that the region’s economy will slow less than we previously projected as inflation pressures continue to dissipate. We have raised our regional growth forecast for this year […]
