Culled—-Proshare July 25, 2016/Vetiva Research FY’16 revenue ahead of Vetiva estimate N23.7 billion exceptional income boosts EPS 70% y/y Board proposes dividend of N1.00 per share (FY’2015: N2.10) Downward revision to FY’17 EPS TP revised lower to N23.41 (Prev: N43.93) on challenging outlook Revenue growth ahead of Vetiva estimate Despite […]
Updates
UBA’s GMD Calls For Closer Collaboration Among African Central Banks
July 25, 2016/UBA Plc Outgoing Group Managing Director of pan-African banking group, United Bank for Africa (UBA) Plc Mr Philips Oduoza has called for increased collaboration among African central banks in order to drive intra-African trade on the continent. He said this on July 22, 2016 when he delivered the […]
Global Capital Fuelling African Property Markets
July 25, 2016/Africa Property Investment Summit Despite Africa’s slowdown; property developers and private equity funds continue to pour investment into the continent, but with more focused strategies. “Over $1,2 billion has been raised and allocated to real estate investment in Africa over the past year and we expect this trend […]
