Updates

FBN Holding Plc. Earnings Update -Huge Impairment charges, TP cut down to N3.21, downgraded to Hold

Culled—Proshare November 10, 2016/CardinalStone Research FBN Holding Plc. (Revised TP: N3.21, Rating: Hold) held its  conference call on the 26th of October, 2016. Please see below the group’s 9M’16 performance update and key highlights from the call. NPLs – still a big concern FBNH impairment charges have been rising rapidly […]

SIAML Pension ETF 40 Launches N1.0 Billion IPO

By InvestAdvocate Lagos (INVESTADVOCATE)-The SIAML Pension ETF 40 with the initial offer size of N1 billion is an Exchange Traded Fund which aims to replicate as closely as possible, the total return of The NSE Pension Index (i.e. an index which tracks the top 40 companies on The NSE in […]

Light Reading and KNect365 Launch Connecting Africa Community

November 10, 2016/Light Reading Light Reading, in partnership with KNect365, has launched a new online community, Connecting Africa, which will track, analyze and report on all the major developments in Africa’s communications market, identifying the key trends and talking to the movers and shakers who are transforming the continent. Connecting […]