April 28, 2021/Zedcrest By Adedayo Amzat, GMD, Zedcrest Group The People’s Republic of China was officially founded in 1949, but the economy didn’t really find its feet until the start of economic reforms in 1978, after the topsy turvy turbulence of the two periods of “The Great Leap Forward” 1958-1960 […]
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CSCS bags Market Choice Award, celebrated for counterparty trust assurance, commitment to market efficiency
April 27, 2021/CSCS Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, bagged the prestigious Market Choice award and celebrated for its outstanding counterparty trust assurance, broad asset class coverage, enhanced collaboration with market participants and its commitment to market efficiency and growth at the BusinessDay Nigerian Investor Value […]
Guaranty Trust Bank Plc Q1 2021: Weak NIM Drags Earnings lower
April 27, 2021/InvestmentOne Report · Net interest income of N52.44billion, down 17.98%q/q , 18.43%y/y · Non-interest income of 45.86billion, down 13.09%q/q, up 27.99%y/y. · Profit before tax of N53.68billion, down 24.12%q/q, 7.77% y/y. · Profit after tax of N45.55billion, down 23.01%y/y, 9.03%y/y. . Weak q/q Performance Recently, Guaranty Trust bank […]
