By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday sustained its hold on the Nigerian Stock Exchange (NSE), as the all-share index (ASI) declined by 0.70 percent to close at 25,986.81 points. “Following today’s negative proceedings, the Month-to-Date (-4.53 percent) and Year-to-Date (-9.57 percent) returns declined further,” according to Cordros […]
Updates
GTBank Q3 2016 Results Review- Limited Changes to Earnings ests and Price Target
Culled–Proshare November 14, 2016/FBNQuest Research Provisions and opex loomed large… On an annualised basis, GT Bank’s 9M 2016 PAT of N129bn is in line with management’s ROE guidance of “above 25%”. The fact that the bank’s Q3 2016 results featured strong fx-related gains did not come as a surprise to […]
Intracom Telecom Supplies its StreetNode Platform to MTN for Trial in South Africa
November 14, 2016/Intracom Telecom Intracom Telecom, a global telecommunication systems and solutions vendor, announced today that it has successfully completed the live field trial of StreetNode™, its SON (Self Organising Network) based Point-to-Multipoint (PtMP) platform, implemented by MTN’s South African operation. MTN is a digital and telecommunication service provider operating […]
