Stocks to watch as impressive Q4 earnings boost investors’ confidence
The positive vibration in the stock market, triggered by impressive Q4 earnings was sustained last week as NGXASI closed higher by 2.33% week on week. There is renewed optimism by investors as they take position ahead of Audited results and dividend declaration.The outlook for the month of February is projected […]
Stock market returns 2.33% WtD amidst profit taking and portfolio rebalancing
The stock market last week closed on a bullish note amidst profit taking and portfolio rebalancing by investors. Investors are taking position ahead of audited reports of companies that will pay dividend.The All Share Index appreciated by 2.33% week on week to close at 47,279.92 points from the previous close[…]
Ecobank Nigeria expands Agency Banking locations to 50,000; ranked high by SANEF 2021 Report
Ecobank Nigeria says its vision to use its agency banking scheme to drive financial inclusion is fast yielding fruits as it now has over 50,000 agents locations across the country. According to the bank apart from helping to drive its financial inclusion strategy in Nigeria, the agents are empowered to create wealth[…]
AXA Mansard reports N3.56bn as profit in Q4 2021.
AXA Mansard Insurance recently published its Unaudited Financial Statement for the year ended 31 December 2021. The underwriting firm reported Gross Written Premium of N60.198 billion for the 12 months period, up by 26.51% from N47.583 billion reported the previous year. Profit after tax for the period under review was[…]