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Nigerian banks have the lowest staff costs per revenue among FEM...

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By Audrey Lotechukwu THUR 06 MAY, 2021-theGBJournal- Nigerian banks have the lowest staff costs per revenue, which is attributable to their corporate-focused business models, which...

Markets Wrap: Bargain buying in GTB, MTNN lift pressure on...

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MON 19 APRIL, 2021-theGBJournal- The domestic equities market opened the week with positive trading, following bargain buying in GUARANTY (+1.2%) and MTNN (+0.2%) stocks....

NSE emerges Africa’s best performing Stock Exchange in January

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FRI 29 JAN, 2021-theGBJournal-The NSE All-Share Index (ASI) ended the week, and month of January in green territory. The index kept a clean sheet...

UBA, FBN, Zenith stocks earn an upgrade to ‘’Buy’’ from EFG...

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…Downgrades GTB & Stanbic By Charles Ike-Okoh THUR 28 JAN, 2021-theGBJournal- Analysts at EFG Hermes on Thursday upgraded their ratings on FBN (TP: NGN10.6) and UBA...

EFG Hermes explains volume crash in the Nigerian stock market

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MON, AUG 10 2020-theG&BJournal- EFG Hermes has suggested Financial system distortions are partly to blame (interest rates do not make much sense), and valuations...

Markets Wrap: Equities bounce after sixth consecutive drop last week, naira...

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MON, JUN 29 2020-theG&BJournal- The domestic equities market resumed trading this week on a positive note, as investors’ interest in NESTLE (+4.7%), FBNH (+1.9%)...

GUARANTY earnings in line with expectation

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THUR, APRIL 23 2020-theG&BJournal- GUARANTY released its Q1-20 earnings Wednesday, which was in line with analyst expectation. The performance was supported by moderate growth...

Equities wobble again on sell-off of three big stocks, Naira gains...

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TUE, APRIL 21 2020-theG&BJournal- The Nigerian equities market ended the day’s trading on a negative note as sell-off of GUARANTY (-7.8%), ZENITHBANK (-7.8%), and...