Investors Bite

Osinbajo Attends First Africa Investment Forum in South Africa

November 7, 2018 Vice President Yemi Osinbajo, SAN, will depart Abuja today, to attend the Africa Investment Forum organised by the African Development Bank, scheduled to hold at the Sandton Convention Centre in Johannesburg, South Africa. Dubbed by organizers of the event as the “collective deal of the century for […]

International Breweries Q3 2018: PBT Remained Negative Despite Improved Topline

November 7, 2018/InvestmentOne Report Improved topline growth : up 11.4% q/q, 58.1% y/y.  ·         Lower gross profit: down to 32.7% in Q3 2018 from 35.7% and 43.2% in Q2 2018 and Q3 2017 respectively .  ·         Moderated opex/sales ratio: down 35bps q/q, 953bps y/y.  ·         Loss before tax of N3.95billion […]