March 9, 2017/InvestmentOne Research NIGERIA | EQUITIES | BANKING | GUARANTY TRUST BANK PLC Q4 2016 results highlight: Weak non-interest income performance weighs on PBT · Net interest income of N62.7bn, up +16.8% q/q; +57.3% y/y · Profit before tax of N24.3bn, down -50.9% q/q; -15.2% y/y · Profit after […]
Updates
Forte Oil 2016 Analysis – Performance Mostly Lethargic in the Most Part
March 9, 2017/Cowry Asset Research In the first nine months to 2016, Forte Oil Plc recorded somewhat lackluster year-on-year financial performance amid economic headwinds in a time of an economic recession, scarce foreign exchange and rising inflation. Turnover increased by 32.16% to N121.08 billion; however, profit after tax plunged by […]
NMB to digitize Tanzania’s agri sector with the Mastercard eKilimo mobile solution
March 9, 2017/MediaCraft Agreement to launch eKilimo will help drive growth for farmers To tweet<<#Mastercard and @NMBTanzania introduce #eKilimo mobile solution to digitize Tanzania’s agrisector. >> Dar es Salaam, Tanzania: 09 March, 2017 –National Microfinance Bank Pic (NMB) has signed a strategic partnership agreement with Mastercard to ensure the digitization […]
