Fidelity Bank appears on this week’s selection for recording a jump of 64.1 per cent in earnings, bringing net profit to N15.6 billion...
Nigerian stocks are seeing a return of strength, spurred by much-increased activity on the demand side, which led activity in the market to improve by 257.9 per cent and the yield on stocks since the year started by 2 per cent after four weeks of consecutive declines.
Currently 0.2 per cent, the year-to-date yield on stocks is among the lowest so far since the start of the year, having peaked at 8.9 per cent in the week to 10 March before diminishing returns began to set in.
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