Author: Marketforces Africa

CBN’s Auction: Wealth Managers Expects Strong Demand For Instruments

FirstBank Cardholders Records N1.18trn in Transactions Value during Lockdown Since its establishment in 1894, FirstBank has consistently built relationships with her customers, focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and effective leadership. These, amongst others, are the reasons the Bank has dominated the financial market for over 126 years. The Bank has led the financing of private investment in infrastructural development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialization schemes, and entrenchment of the cashless policy which gave rise to electronic cards being a veritable entity in…

‘Healing church’ fined $151,200 for promoting fake Covid-19 cure

Lockdown: FBN General Insurance gives customers discount

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How to make money from stock market, and you should get a stockbroker that can deliver value

Price war looms as cement manufacturers scramble for market share

NB Plc: Vetiva’s analyst slashed share price target on performance concern

Nestlé’s Nigeria gets Hold rating on flat earnings, food segment concern

FSDH advises investors to Buy Okomu Oil shares for descent upside Okomu Oil Palm Company Plc bolstered first quarter (Q1) of 2020 earnings with significant increase in local sales. The company’s revenues jerked up more than 65% to N7 billion from N4.2 billion in the comparable period in 2019. Due to significant improvement in performance, analysts at FSDH advised its customers to buy Okomu oil stock as it present decent upside. FSDH Research hinged the recommendation on the company’s above average fundamentals across revenue, net income growth, return on equity and low financial leverage. Traded at N55.05, Okomu Oil market…