August 11, 2016/First Bank of Nigeria Ltd First Bank of Nigeria Limited, Nigeria’s most valuable bank brand, has again demonstrated its commitment to providing inclusion, advocacy and public enlightenment for blind and visually impaired persons in the country through its support for the Nigeria Society for the Blind (NSB) charity […]
Updates
Bears Return to NSE, Benchmark Index Fall 0.51%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Thursday returned to the Nigerian Stock Exchange (NSE) as the all-share index (ASI) dipped by 0.51 percent to close at 27,280.95 points. “Today’s negative close increased the Month-to-Date and Year-to- Date losses to 2.60 percent and 4.75 percent respectively,” according to the […]
Zenith Bank Reports Q2 2016 Results; Significant FX-Related OCI Gains Boosted PAT
August 11, 2016/FBNQuest Research Event: Zenith Bank reports Q2 2016 results Implications: Underlying results (PBT) tracking in line with full year guidance (N126bn) Positives: Significant fx-related OCI gains boosted PAT; underlying results healthy Negatives: Marked y/y increase in loan loss provisions Zenith Bank’s Q2 2016 results which were published this […]
