August 19, 2016/NEXIM Bank By Bashir Wali Pull quote: “The funds are expected to attract and incentivize new and additional investments to the non-oil export sectorand enhance their competitiveness.” The Nigerian Export-Import Bank (NEXIM Bank) recently launched two intervention products targeted at promoting the country’s non-oil exports. The funds are […]
Updates
Access Bank Plc: HY’16 Earnings Benefit from Cost Containment
August 19, 2016/Cordros Research Access Bank Plc (ACCESS) released its half year 2016 earnings report earlier today. Annualized EPS was N3.22 significantly ahead of our estimate of N2.02 and consensus estimate of N2.09. Return on Average Equity was 25.43% significantly ahead of our 15.2% estimate. The bank also declared an […]
Access Bank Says H1 2016 Pretax Profit up 27.9% to N50.02 Bn, Offers 25 Kobo Interim Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc on Friday said its pretax profit for the half-year (H1) period ended June 30, 2016 climbed up 27.9 percent to N50.02 billion from N39.11 billion recorded a year ago. Similarly, profit after tax (PAT) grew 26.2 percent to N39.48 billion […]
