Imperial Asset Managers

Read the Circular and BusinessDay Publication click the following links;
http://ow.ly/IA1J50CDFJx
http://ow.ly/nnWr50CDFJB

Stay @ Home Stay Safe -19

Imperial Stock Market Summary For The Week Ended 28 February 2020_

Zenith Bank Plc Board of Directors is pleased to announce payment of Interim Dividend see details below:

GTBank announced an Interim Dividend of 30 Kobo per Ordinary Share of 50 Kobo subject to approval and deduction of appropriate Taxwill be paid to both Ordinary Share Holders and holders of the bank Global depository receicpt. See details below;

VALUE ADDED TAX (VAT) ON NIGERIAN STOCK EXCHANGE TRANSACTIONS RETURNS BEARING ANY FURTHER EXTENSIONS FROM THE FEDERAL GOVERNMENT.

Prestige Assurance Plc 12M-Dec. 2018
In 2018 EPS of N0.09 was achieved, the Board is proposing a dividend of 3K per share.The Company's current market price of N0.55 as at today (intra-day) market price), a dividend yield of 5.45% is achievable. http://ow.ly/X2vg50qjJk5

Equity Market Outlook for the Week Ending April 12, 2019
Current bearish theme creates bargain opportunities for traders as most stocks are trading at significantly below their fundamental value. However, a subdued performance could remain …http://ow.ly/MTBI50pDR3J

Equity Market Outlook-Week Ending April 5, 2019
Positive results announced by some large capitalized companies in their 2018 financial result is expected to drive market sentiment this week. We believe investors can take a medium to long-term position..

imperialasset.com.ng

The FGN Savings Bond Offer (with tenors of 2years & 3 years respectively) for April 2019 opened today, April 1,2019. The offer is open for 5 days, closing Friday April 5. Interested in this April offer, DM us or send an email to
[email protected].

A SHIFT IN POLICY DIRECTION:
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday, 27-03- 2019 concluded her 2nd scheduled meeting of the year with a major decision to cut Monetary Policy Rate (MPR) by 50bps to 13.50%.
http://ow.ly/t6Po30oe9rA.

The Monetary Policy Committee (MPC) meeting that held on the 25th and 26th March has just been concluded with the following policy decisions;

· The benchmark interest rate (MPR) cut from 14.00% to 13.50%

· The asymmetric corridor retained at +200bps and -500bps around the MPR

· The Cash Reserve Ratio (CRR) retained at 22.50% and;
· The Liquidity Ratio retained at 30.00%