Last week, Nigerian stocks 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.
With all the full-year earnings reports of companies almost in, attention will likely shift to the first-quarter corporate results, which could start coming in in the weeks ahead.
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.
