August 11, 2016/Punch Stanley Opara Come June 31, 2017, registrars operating in the country’s capital market will stop the issuance of dividend warrants to investors, the Securities and Exchange Commission has said. The directive, which will mandate registrars in the Nigerian capital market space to discontinue sending hard copy warrants […]
Results & Dividends
Dangote Sugar Refinery’s Rising costs Weigh on Growth Outlook
August 11, 2016/FBNQuest Research PT down 13% to N6.1 on the back of a higher discount rate Dangote Sugar Refinery’s (DSR) Q2 earnings beat our forecast by 24%. The drivers were better-than-expected sales and a positive surprise on the opex line. Sales were driven by growth in both pricing (25.1% […]
Skye Bank to Delay in filing Q1, Q2 Financial Statements
August 9, 2016/NSE This is to inform the Nigerian Stock Exchange, our regulatory authorities, esteemed shareholders and other stakeholders of the reasons necessitating the application for an extension of time within which to file the interim Financial Statements for the periods ended March 31, and June 30, 2016. The extension […]
