Updates

BMCE Bank of Africa announces the final phase of the 2nd edition of the African Entrepreneurship Award

November 4, 2016/African Entrepreneurship Award The BMCE Group Bank of Africa is now announcing the final Round of the 2nd edition of the African Entrepreneurship Award, an initiative to support African entrepreneurs by rewarding talent and technology transcending borders. After 3 Rounds of online mentoring 37 finalists from 22 African […]

FBN Holdings Plc: Asset Quality Challenges Continue to Bite Earnings

November 4, 2016/Cordros Research Last week, FBN Holdings Plc (FBNH) released its nine months earnings report for the period ended September 30, 2016. Profit before tax (PBT) declined by 5.0% y/y (-51.4% q/q) while return on average equity (RoAE) fell to 9.4%, from 12.0% recorded as at H1’16. Following revisions […]

Proshare Collaborates with FMDQ; Completes Financial Market Coverage – Oct ’16 SSS Report

November 4, 2016/research@proshareng.com Stock market activities closed negative in the month of October 2016 as the key market indicator, NSEASI, dropped by -3.94% as against +2.67% gain recorded in the month of September 2016 while market YTD performance extends further to remain in the red zone and stands at -4.97%. […]