Culled—Proshare July 20, 2018/FBNQuest Capital Research Event: Unilever Nigeria (Unilever) reports Q2 2018 results Implications: Unilever’s profitability has improved y/y with Q2 PBT and PAT both up 38% y/y and 99% y/y respectively. However, on an annualised basis, H1 PBT of N7.5bn is broadly in line with consensus PBT estimate […]
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Dangote Cement Invests $3bn on Plants, Grinding Terminals Across Africa
…. employs 27,952 Nigerians in 2017 July 20, 2018/Dangote Group Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3B to build manufacturing plants and import/grinding terminals across Africa. The company’s operations, according to Makoju are in Cameroon (1.5Mta clinker grinding), […]
DMO Lists N10.69bn FGN Sovereign Green Bond on NSE
July 20, 2018/NSE The Nigerian Stock Exchange (NSE) is pleased to announce the listing of the N10.69billion, 5-year, Federal Government Sovereign Green Bond at coupon rate of 13.48% on the Exchnage by Debt Management Office (DMO) on Friday, July 20, 2018. On the same day, the NSE also held a […]
