By Alex C As capital market participants await the Banks to release their second quarter (Q2) results at the Nigerian Stock Exchange (NSE), analysts have expressed confidence that there will be improvements when compared with the Q1 results. Analysts at FBN Capital in Q2 2014 results preview said they “expect the banks to report a similar return-on-average equity (ROAE) for full year 2014, as they did in 2013. As such, we believe Q2 will see slight improvements over Q1.” According to the analysts, “We expect the market’s reaction to be muted to slightly positive, give that our full year expectation…
Author: Pride Team
By Alex C Following Nigeria’s ouster in the just concluded World Cup that held in Brazil, Nigerian football has been plunged into crisis with the confirmation of the much dreaded FIFA suspension of Nigerian Football Federation (NFF). There is a possibility of Nigeria’s suspension from FIFA related events including African competitions could evolve into an outright ban by Wednesday July 16 2014 if issues relating to Nigeria’s suspension are not addressed by mid-night of Tuesday July 15 2014. A ban will mean not watching the darling Super Eagles and a host of Nigerian clubs play continental football. For investors- corporate…
Something which stays still too long turns to stone.xosotin chelseathông tin chuyển nhượngcâu lạc bộ bóng đá arsenalbóng đá atalantabundesligacầu thủ haalandUEFAevertonxosokeonhacaiketquabongdalichthidau7m.newskqbdtysokeobongdabongdalufutebol ao vivofutemaxmulticanaisonbethttps://bsport.fithttps://onbet88.ooohttps://i9bet.bizhttps://hi88.ooohttps://okvip.athttps://f8bet.athttps://fb88.cashhttps://vn88.cashhttps://shbet.atbóng đá world cupbóng đá inter milantin juventusbenzemala ligaclb leicester cityMUman citymessi lionelsalahnapolineymarpsgronaldoserie atottenhamvalenciaAS ROMALeverkusenac milanmbappenapolinewcastleaston villaliverpoolfa cupreal madridpremier leagueAjaxbao bong da247EPLbarcelonabournemouthaff cupasean footballbên lề sân cỏbáo bóng đá mớibóng đá cúp thế giớitin bóng đá ViệtUEFAbáo bóng đá việt namHuyền thoại bóng đágiải ngoại hạng anhSeagametap chi bong da the gioitin bong da lutrận đấu hôm nayviệt nam bóng đátin nong bong daBóng đá nữthể thao 7m24h bóng đábóng đá hôm naythe thao ngoai hang anhtin…
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By Alex C The huge growth witnessed in the asset value of mutual funds or Collective Investment Scheme (CIS) in Nigeria was driven largely by asset growth in real estate and money market funds. The active collective investment vehicles that are regulated by the Securities and Exchange Commission (SEC) are equity-based fund, money market fund, bond fund, real estate fund, balanced-based fund, ethical fund, umbrella fund, and exchange-traded fund (ETF). While the asset value of these funds grew from N107.45 billion as at January 25, 2013 to N155.642 billion as at January 31, 2014, asset value of money market fund…
By Alex C The Audi Centre in collaboration with Diamond Bank plc has inaugurated flexible credit facility for customers aspiring to buy or own German engineered Audi vehicles at reasonable loan rates. Audi Centre is a subsidiary of Stallion Motors and authorised distributors of Audi range of automobiles in Nigeria. The dealership said the initiative is synonymous with the planned Federal Government vehicle finance scheme aimed at helping prospective buyers source low interest credit financing. Anurag Shah, Audi Centre head of sales and marketing, who gave this hint at the launch of the treaty with Diamond Bank in Lagos, said…
By Alex C Fixed telephone operators in Nigeria have lost over 56 percent of their active lines in the past one year, according to data from the Nigerian Communications Commission (NCC). The crisis engulfing the first national carrier, the Nigerian Telecommunications Limited (NITEL), has contributed immensely to the dearth of fixed-line services in the country. Data from NCC reveal that the active fixed telephone lines in the country were 172,876 lines as of the end of April 2014. In 2013, the number of fixed telephone lines stood at 396,939 lines. This means that within a period of one year, the…
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By Alex C Bharti Airtel is set to will sell over a fifth of its telecom tower portfolio in Africa to Helios Towers Africa (HTA), as part of its overall strategy to sell-off its 15,000 towers to a clutch of independent tower companies. The two companies didn’t disclose the size of the 3,100-tower deal but, in a joint statement Wednesday, said that the proceeds would help Bharti Airtel 0.12 % pare debt. The pact would also reduce the world’s fourth largest telecom company’s ongoing capital expenditure on passive infrastructure and help it focus on its core telecom business and customers.…