Amidst low accretion into the nation’s external reserve, analysts have hinted that inflow into the apex bank’s Investors and Exporters Window plunged more than 47%.
UACN: Virus-induced Operating Loss Insults Restructuring Efforts. The Coronavirus outbreak disrupted United African Company of Nigeria’s (UACN) restructuring effort earlier seeing in the year, but analysts still maintain positive sentiment on its earnings outlook.
Dangote Cement: Resilient Q1 earnings in ‘virus infected’ economy. Analysts at WSTC Securities Limited downgrade Dangote Cement Plc to hold, cite weak earnings outlook in financial year 2020.