25

Jul

Ecobank Garners 503.6bn Gross Earnings in six months

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 […]

25

Jul

Cheap Stocks at Year Low for Strategic Positioning

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[…]