Rule number 1 in investing – there’s no free lunch for investors. Rule number 2 – don’t always believe rule number 1. While rule number 1 stems from the proponents of the efficient market hypothesis which argues that all stock prices fully reflect all public and privately held information available on the company and no […]
2018 was a year full of uncertainty but also full of surprises as Stanbic managed to dethrone GTBank as the most efficient bank in Nigeria based on return on equity. Little wonder why Stanbic presently surpasses GTBank and Zenith on a valuation standpoint as investors are willing to pay more for every stock in Stanbic […]
We are days into the month of March, a time when a vast majority of the nation’s corporations are expected to report their full year sales and earnings. In anticipation of expected results, the insurance sector has been forecast to improve fundamentals faster than inflation. When industry fundamentals grow faster than the general price levels […]
The year 2018 was not the best of years for the stock market but the economy grew at its fastest pace since the recession in 2016 after real gross domestic product in 2018 expanded at 1.9 percent. Companies like Zenith Bank and Dangote who have released their 2018 results have seen strong profit growth in […]
As financial inclusion increased in Nigeria recent years, banks have been the biggest beneficiaries as cash deposits from customers have continued to increase at breathtaking pace. Amongst the biggest beneficiary is Nigeria’s most profitable bank, Zenith Bank which analysts now forecast is set to become Nigeria’s first 6 trillion Naira bank after total assets reached […]