August 26, 2016/Cordros Research Access Bank Plc (ACCESS) released its half year 2016 earnings report earlier on the 19th of August 19, 2016. The Bank reported an EPS of N1.61, up from N1.36 in the previous year. The result outperformed our estimate, with PBT growth of 27.9% and RoAE of […]
Updates
UBA H1’16: Earnings Resilient; PBT Up 3.1% y/y
August 26, 2016/Cordros Research United Bank of Africa (UBA) released its half earning yesterday evening. Annualized EPS was N1.88 (H1’15: N1.88) ahead of consensus and our estimate of N1.49 and N1.40 respectively, while RoAE was 18.03% versus our estimate of 14.8%. The bank declared a N0.20 dividend (H1’15: N0.20) with […]
The Love Affair between Young Nigerians and Disruptive Mobile Technology
Young Nigerians are mobile-first people – technology is inspiring young entrepreneurs to create businesses that could not have existed in the past August 26, 2016/Sage By Magnus Nmonwu, Regional Director for Sage in West Africa We are all familiar with the stereotype of the young entrepreneur; technology whizz kids with […]
