Culled—-Proshare August 16, 2016/FBNQuest Research Healthy underlying results; raising price target by 2.7% Zenith Bank management reiterated its full year PBT guidance of N126bn, following its Q2 2016 results which were in line. The main areas of scrutiny by the market in the results were the absence of large fx-related […]
Updates
FMDQ Admits ₦0.60bn C & I Leasing Plc Bond to its Platform
Culled—-Proshare August 16, 2016/FMDQ Barely a week into the formal admittance of the N16.79bn UACN Property Development Company PLC’s Commercial Paper, FMDQ OTC Securities Exchange (“FMDQ” or “the Exchange”) has welcomed yet another listing – C & I Leasing PLC N600,000,000.00 18.25% Fixed Rate Bond, on its platform. To this […]
CBN Increases Forex Limits To 50,000USD For BDCs
August 16, 2016/The Will The Central Bank of Nigeria (CBN) has increased the amount that banks can sell to Bureaus De Change (BDCs) from $30,000 to $50,000. This was disclosed by the Managing Director of UBA Mr. Kennedy Uzoka at the end of the Bankers’ Committee meeting in Abuja on […]
