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Capital Bancorp

Guinness Nigeria N9.94 billion inventory reflects inability to push sales…Analysts

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Irrespective of Guinness Nigeria’s rise in revenue to N59.49 billion in half-year 2017 from ₦49.83 billion in Q2 2016, analysts have expressed concern on the company’s 52.92 percent rise in inventory. The company’s earnings update for Q2 ended 31 December 2016 recently released by the Nigerian Stock Exchange (NSE) which showed a positive  growth  of  19.37 percent  in  revenue  base  to ₦59.49  billion, […]

Capital Bancorp rates 2016 a better year for investors

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The Managing Director of Capital Bancorp, Mr Aigboje Higo, says 2016 was a good year for investors in the Nigerian capital market. Higo stated this in Lagos as he compared investment performance between 2016 and 2015. Higo explained that in spite of the enormous challenges such as the recession in 2016, the year-to-date return in […]