Tag: Meristem
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AIICO Insurance: Analysts Estimate 83% Surge in Stock Price
AIICO Insurance: Analysts Estimates 83% Surge in Stock Price. Analysts at Meristem Securities Limited have advised investors to buy AIICO Insurance Plc stock to reap more than 83% upside. AIICO current capital position of ₦19.24 billion places the insurer comfortably above the regulator’s ₦18.00 billion recapitalization threshold required of composite businesses.
Experts predict MPC will hold rates, say hike or cut could hurt growth
Ahead of the rescheduled Monetary Policy Committee meeting of the Central Bank of Nigeria, Meristem Securities, Vetiva and others have predicted that the policy rates would be maintained.
Investment analysts project 12.43% inflation rate for May
Average prices of foods, transportation and health care among other needs have been projected to increase for month. Investment bankers have estimated uptick in headline inflation rate for the month of May, projected to spike to 12.43%.
Fidelity Bank: Analysts lower lender’s estimates on assets quality concern
Fidelity Bank: Analysts lower lender's estimate on assets quality concern. Fidelity Bank is facing steep cost pressure that is diluting lender’s margin, though analysts recognised that growth in earnings asset drove top line performance in the first quarter of 2020.
Bearish stock market mirrors Nigeria’s economic performance – Meristem
Bearish stock market mirrors Nigeria’s economic performance - Meristem
