December 6, 2018/SEC The Securities and Exchange Commission, SEC has enjoined more Nigerians to take advantage of the on-going e-dividend registration in a bid to reduce the unclaimed dividends profile as well as increase liquidity in the capital market and the economy. Acting Director General of the SEC, Mary Uduk, […]
Results & Dividends
International Breweries Q3 2018 Results Review: Neutral Rating Maintained
Culled—Proshare December 5, 2018/FBNQuest Research Material cuts to earnings forecasts International Breweries’ (IB) Q3 2018 (end-Sep) results were broadly behind our estimates. Sales for the quarter surprised positively (+13%) but this was more than offset by a 500bp underperformance in EBIT margin. Consequently, Q3 pre-tax losses were 83% worse than […]
SEC Takes e-Dividend Campaign to South East
December 2, 2018/SEC In a move to further enlighten investors and the general public on the process and benefits of e-Dividend, multiple subscription, e-processes and other contemporary issues in the Nigerian Capital Market, the Securities and Exchange Commission (SEC), Nigeria through its Port Harcourt Zonal Office will be holding a […]
