This is not a buy, sell or hold recommendation but a stock investment guide.
INVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesBlood on UniformsINVESTIGATION: How Nigerian soldiers killed unarmed civilians in Kaduna community
shed 1.1 per cent as profit-taking efforts by investors weighed on equities, with bank stocks most affected. A couple of corporate actions, notably dividend declarations, were announced during the week, but the financials and the cash reward plans of three of the big lenders – Zenith, GTCO and UBA – are still being awaited.
PREMIUM TIMES has assembled some stocks with fundamentals and other potential, adopting key analytical approaches to save you the hassle of randomly picking equities for investment. You may need to involve your financial advisor before taking investment decisions.C & I Leasing tops this week’s pick for currently trading significantly below its intrinsic value, brightening its chances of strong price appreciation in the future.Wema makes this week’s list for proposing a dividend per share of N0.50 per share for full-year 2023, 40 per cent higher than that of the preceding year. The lender’s PB ratio is 0.9x, while the PE ratio is 4.5x.
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Inspire Inclusion: A peep into Wema Bank’s she empowers her award by SaraWith the thematic preoccupation ‘Inspire Inclusion’, Nigerians, both men and women were not excluded in the celebration of the just concluded International Women’s Day (IWD), as every nook and cranny of the nation joined the world in the advocacy for gender equality, women empowerment and inclusion in all ramifications.
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Wema Bank Reports Strong Financial Performance for 2023Wema Bank has announced its financial results for the year ending December 31st, 2023, showing significant growth in profit before tax and deposits. The bank recorded a profit before tax growth of 196% and a deposit growth of 60%. The MD/CEO, Mr. Moruf Oseni, expressed satisfaction with the bank's performance and highlighted the improvements in various financial indicators.
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Wema Bank lifts over 100 women with cashThe Nation Newspaper Wema Bank lifts over 100 women with cash
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Access Bank acquires Kenya’s major bankThe Nation Newspaper Access Bank acquires Kenya’s major bank
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Access Bank To Acquire National Bank of KenyaThe Latest News from Nigeria and Around the World
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BREAKING: Access Bank to acquire National Bank of KenyaA Trusted Nigerian Newspaper
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