FINANCIAL PERFORMANCE -REVIEW Gross Earnings: The Bank’s gross earnings for its half year report inched higher by 2.91%, which was N331.586Billion as at June, 2019 against N322.201Billion as at June 2018, factors that contributed to this marginal appreciation were other income that inched higher by 23.86%, which consist of; net income on fees and commission…
Equities Market The Nigerian equity Bourse closed on a positive note as NSE ASI and Market capitalization both increased by 1.09% and 0.92% to 27,352.94 Index Points and N13,306.91Tr respectively. Year-to-Date ASI is still at a Negative of 97%. Volume and Value both increased by 73.63% and 39.54% to 363.973 Volume, and 4,515.79B respectively. While…
Equities Market The positive spur recorded on the Nigerian equity Bourse at yesterday’s trading activity did reverse during today’s trading session as NSE ASI and Market capitalization both decline by 0.21% to 27,058.62 Index Points and N13,186.21Tr respectively. Year-to-Date ASI is still at a Negative of 91%. Volume, Value and No of trades all declined…
Equities Market The Nigerian equity Bourse ended the trading week on a negative slide as NSE ASI and Market capitalization both decline by 0.47% to 26,925.29 Index Points and N13,121.24Tr respectively. Year-to-Date ASI is still at a Negative of 33%. Volume and No of trades both inched higher by 10.76% and 7.64% to 258.290 Volume…
Equities Market The Nigerian equity Bourse witnessed a faint decline in its trading activities as the NSE ASI and Market capitalization both decline by 0.11% and at the end of the trading day to 27,052.93 Index points and N13,183.44Tr respectively. Year-to-Date ASI is at a Negative of 93%. Value and No of trades both inched…
Equities Market The Nigerian equity Bourse commenced the trading week on a negative note as the NSE ASI and Market capitalization both declined marginally by 0.82% at the end of the trading day to 27,083.11Index points and N13,198.15Tr respectively. Year-to-Date ASI is at a Negative of 83%. Volume and No of trades both inched higher…
Gross Earnings: The Bank’s gross earnings for its half year report, recorded some marginal appreciation of 6.98%, as the 2019 half year figure stood at N89.786 billion, as against N83.925 billion recorded in 2018 half year report, this increase arose from Interest & Discount income and fees & commission income that both inched higher by…
Gross Earnings: The Bank’s gross earnings for its half year report, reflected a marginal decline of 0.48%, as the 2019 half figure stood at N285.316 billion, as against N286.702 billion recorded in 2018 half year report, this decline arose from the decline recorded in the following income line; Interest income, net gains from foreign exchange,…
Gross Earnings: The firms Gross earnings declined marginally by 1.44% from N173.310Billion to N170.812Billion, this was as a result of a 9.55% decline from Finance income that decline to N199 Million from N220 Million. Gross Operating Expenses: The firms gross operating expenses consist of Cost of Goods and other Operating Expense that recorded a…
Equities Market The Nigerian equity Bourse experienced a slight contraction at the end of today’s trading as the NSE ASI and Market capitalization both declined marginally by 0.43% to end the trading day at 27,306.81Index points and N13,307.16Tr respectively. Year-to-Date ASI is at a Negative of 13.12%. Volume and No of trades both inched higher…