Results & Dividends

Afrinvest pays coupon to NIDF investors

10/8/2017/Punch Afrinvest Asset Management Limited, the fund managers of the Nigerian International Debt Fund, says it is set to pay investors the interim coupon for the 2017 financial year in August 2017. According to a statement by the lender, this marks the 39th coupon since the creation of the fund, […]

NSE Bullish Momentum Enters Seventh Straight Day, as ASI YtD Return Now +41.93%

August 9, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 9th August 2017 EQUITIES: Another day of positive close for the ASI today with a gain of +0.38%  as the Nigerian bourse’s bullish run entered its seventh day.  The index YTD return now stands at +41.93% while market capitalisation […]

International Breweries Q1 2018 Results Review – Downgrading to Underperform

Culled—-Proshare August 9, 2017/FBNQuest Research Modest changes to our earnings estimates International Breweries’ Q1 2018 (end-Jun) results were broadly in line with our estimates. It is worth mentioning that the net finance charge line surprised negatively but was offset by a positive surprise on the tax line. Given the in-line […]