Tag: david adu
As the trading week comes to an end, Andrew Tsaku a trader at Kapital Care Trust joins CNBC Africa for a wrap of this week's sessions at the Nigerian Stock market and also breakdown some earnings.
The Central Bank of Nigeria says Non-Performing Loans in the banking industry moderated to 6.54 in the February from 6.59 per cent in January. David Adu, Senior Analyst at Meristem Securities joins CNBC Africa for a focus on Nigeria’s banking sector and telecommunication industry.
The bears continued to tighten the grip on the equities market today, even as the Nigerian bourse launched the Growth Board for High-growth companies. David Adu, Senior Analyst at Meristem Securities joins CNBC Africa to review the equities market activity at mid-week.
In its 9-month financial statement, MTN Nigeria recorded a 28.9 per cent increase in its Profit-After-Tax. Meanwhile, Airtel Africa’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin grew by 43.9 per cent in its half-year 2020 earnings driven by an improved efficiency in Nigeria. David Adu, Senior Analyst at Meristem Securities joins CNBC Africa for more.