The second quarter financial report of Ecobank Transnational Incorporation for the period ended June 30th 2022 reveals that the gross earnings grew by 14.59% closing at N503.6 billion from the previous close of N439.5 billion in 2021. The bank’s profit After Tax improved by 23.60% to settle at a loss of N77.3 billion from the previous PAT of […]
The stock market last week closed on a bearish note, occasioned by profit taking in 36 equities, thereby creating new entry opportunities for discerning investors. Only 3 equities released their Q2 2022 results in the course of last week, which include: United Capital Plc, Africa Prudential Plc and Arbico Plc. We expect a lot of results to[…]
The Nigerian stock market in the course of last week dipped by 0.45% as 36 equities shed weight, occasioned by profit taking. The All Share Index and Market capitalization declined by 0.45% to settle at 51,979.92 and N28.031 trillion respectively. An aggregate of 917 million units of shares were traded in 19,513 deals, valued at N14.803 billion.[…]