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Asset Quality: Jaiz Bank Sets N1bn for Q4 Impairment Charge
News

Asset Quality: Jaiz Bank Sets N1bn for Q4 Impairment Charge

Marketforces Africa - 0
Amidst rising pressures on asset quality, Nigeria’s premier non-interest lender, Jaiz Bank Plc has estimated N1 billion
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Valuation: BUA Foods Rocks on Tiny Free Float
Analysis

Valuation: BUA Foods Rocks on Tiny Free Float

Marketforces Africa - 0
BUA Group's key subsidiaries –Foods and Cement- listed on the Nigerian Exchange now have a combined market valuation
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Equities Analysts See 53% Upside in Zenith Bank
Analysis

Equities Analysts See 53% Upside in Zenith Bank

Marketforces Africa - 0
Equities analysts at Apex Asset Limited have placed Zenith Bank shares on its buying bucket...
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How Much Are Dangote's Three Listed Companies Worth?
Analysis

How Much Are Dangote’s Three Listed Companies Worth?

Marketforces Africa - 0
How Much Are Dangote's Three Listed Companies Worth? Unlike many Nigerian billionaires who prefer to keep their businesses outside the stock market, Aliko Dangote has proven to be relatively different. According to business data from its site, Dangote estimated the group's earnings at $4.3 billion, which is equal to N3.225...
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Fidelity Bank Profit Rises by 166% to N62 Billion
News

Fidelity Bank Profit Rises by 166% to N62 Billion

Julius Alagbe - 0
Fidelity Bank's profit spiked strongly in the first half of the financial year 2023 to about N62 billion,
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Dangote Sugar Market Value Rises Sharply on Merger Updates
News

Dangote Sugar Market Value Rises Sharply on Merger Updates

Marketforces Africa - 0
Dangote Sugar Refinery Plc's market value rose sharply on merger updates released following updates
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CardinalStone Sets N1,988.64 Target Price for Seplat Energy
News

CardinalStone Sets N1,988.64 Target Price for Seplat Energy

Marketforces Africa - 0
Nigeria's top investment firm, CardinalStone Securities Limited, has set N1,988.64 12-month target price for Seplat Energy
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Transcorp Hotels Rises to N428bn Over Demand for Shares
Analysis

Transcorp Hotels Rises to N428bn Over Demand for Shares

Marketforces Africa - 0
Transcorp Hotels Plc rose to N428 billion on Tuesday in the equities market due to increased demand
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Flour Mills of Nigeria Posts N9.34bn Loss, Stock Gains 10%
News

Flour Mills of Nigeria Posts N9.34bn Loss, Stock Gains 10%

Marketforces Africa - 0
Food producer Flour Mills of Nigeria (FMN) Plc recorded more than N9 billion loss after tax in the first quarter
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Stanbic IBTC Profit Jumps 122%, Declares Dividend
Analysis

Stanbic IBTC Profit Jumps 122%, Declares Dividend

Marketforces Africa - 0
Stanbic IBTC Holdings Plc doubled down its earnings performance in the first half of 2023
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