Author: Marketforces Africa

International Breweries (Ticker: INTBREW) Plc.’s weak earnings temperature poses

Lafarge Rated Buy after Exciting Earnings Outturn in Q1-2021 After a solid start to the year, equity analysts at Chapel Hill Denham said they have retained buy rating on Lafarge Africa Plc. (Ticker: WAPCO) stock, with a 12-month target price of N34.22. Recall the second largest among the cement oligarchs recently published unaudited Q1-2021 results with annualised earnings per share of N2.27. According to analysts, reported earnings per ordinary share came 13.3% stronger than what the cement company reported in the comparable period in 2020. Chapel Hill Denham equity research analysts believe this comes in a stark disappointment when compared…

Bitcoin – the world’s biggest and most popular cryptocurrency by market cap…

Activities at the Federal Government of Nigeria (FGN) secondary market traded on a bearish

Experts at Afrinvest, a leading investment firm in Nigeria, have tasked Nigerian

Seplat and some of the Big-5 Banks stocks stemmed losing streaks on the Nigerian Exchange

Average yields on Government bonds rise over sustained sell pressure as fixed income

The Federal Government says some prominent businessmen and organisations

Price of Brent oil jumps by over 2% this week as pressure on demand eased on…

Sterling Bank Plc.’s shareholders has approved 5 kobo dividend per share payment