Uncategorized

Access Bank HI 2021: Reduced NIR Depresses Q2 Profit

September 2, 2021/CSL Research Access Bank’s H1 2021 AUDITED numbers showed a 29.6% y/y growth in Interest Income. Average yield on the bank’s assets ticked up to 10.3% in H1 2021, from 9.5% in H1 2020. Net Loans were up 11.3% in H1 2021 compared with December 2020 (including the impact […]

BudgIT Launches GOVSPEND.NG: Tasks Citizens, CSOs and Media to Leverage the Portal for Participatory Governance

August 30, 2021/BugdIT BudgIT, a foremost civic-tech organisation leading the advocacy for fiscal transparency and accountability in Nigeria, has launched govspend.ng, a visual platform that provides citizens, CSOs, the media and stakeholders access to simplified data from the Federal Government’s Open Treasury Portal. Recall that in December 2019, the Federal […]

Dangote Cement Q2 2021 Results Review: Moving to Outperform from Neutral

August 25, 2021/Proshare By FBNQuest Research Negligible changes made to EPS outlook over the ’21-22f period; PT up by 15% DangCem’s Q2 results were broadly in line with our expectations. However, following its Q2 ’21 investor call, we have made slight adjustments to our forecast. Firstly, we have raised our […]