Culled—Proshare May 18, 2017/FBNQuest Research 2% increase to our price target; maintaining Outperform rating Dangote Cement’s (DangCem) Q1 2017 results came in ahead of our forecasts across the board. The variance relative to our forecasts was driven by (i) slightly higher pricing and unit volume in Nigeria which were around […]

Culled—Proshare May 16, 2017/FBNQuest Research 2017/18E EPS ests. up by 37%; price target up by 32% to N7.1 Following Dangote Sugar Refinery’s (DSR) Q4 2016 and Q1 2017 results we have raised our EPS estimate over the 2017-18E period by 37% and our price target by 32% to N7.1. Our […]

Culled—Proshare 12/5/2017/Press Release Unilever Nigeria Plc., has declared a dividend of N378 million following the approval of the company’s shareholders at the 92nd Annual General Meeting of the Company held in Lagos on Thursday May 11 at the Muson Centre. The dividend declared amidst a challenging operating year and environment […]