October 23, 2018/Cordros Update DANGOTE CEMENT DANGCEM published 9M 2018 results yesterday. The group has grown EBITDA by 15% and PAT by 3% in nine months. Earnings growth by the end of 2018 will be much stronger, (1) adjusting for the one-off 84% effective tax charge in Q4 17 and […]
Investors Bite
Bond Yields Weaken Further As Traders Set Sight on Auction
Culled—-Proshare 22/10/2018/Zedcrest Capital ***Labour to Embark on Indefinite Strike over Minimum Wage*** KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at October16, 2018,5bps up from 11.23% recorded in August 2018. MPR 14.00% Left Unchanged for the 11th Consecutive Time at the Sept. 25, 2018 MPC Meeting External Reserves $42.72bn As […]
SEC Suspends Trading in Company for Making False Cryptocurrency-Related Claims about SEC Regulation and Registration
October 22, 2018/US SEC The Securities and Exchange Commission today suspended trading in the securities of a company amid questions surrounding its statements about partnering with a claimed SEC-qualified custodian for use with cryptocurrency transactions and a purportedly registered public offering of preferred stock. The SEC’s trading suspension order says that two […]
