Insurance industry set to grow FY2018 fundamentals faster than inflation
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 […]
These three companies are on course to deliver lower profits for FY2018, here’s why
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 […]
Zenith Bank set to become Nigeria’s first 6 trillion Naira bank in Q1 2019.
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 […]
Value Investors should look beyond the election
Dear Investor, Our research team analysed the historical performance analysis on stock returns in election years. The highlights are as follows: In the last five elections, there has been 2 up years (2003 and 2007) and 3 down years (1999, 2011 and 2015). In the year after the elections, there has been 3 up years […]