Nigeria: Positive Earnings Outlook Sustains Equities Rally

9 March 2015

Investors in the Nigerian equities market smiled home again last week as the market closed the week high. The positive performance was due to improved earnings and dividend declared by Zenith Bank Plc and Guaranty Trust Bank Plc.

Contrary to apprehension that banks may turn not-too-impressive results, Zenith Bank and GTBank reduced the apprehension.

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