Tag: david adu

Meristem Securities’ H2 outlook for Nigerian telcos

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.

How Nigeria’s telecoms industry is responding to COVID-19

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.

Bears tighten grip on equities: Nigerian markets review

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.

Unpacking Nigerian telecom earnings

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.
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