April 11, 2018/InvestmentOne Update The Fourteenth (14th) series of the FGN savings bond will be coming up between the 9th and 13th of April 2018 and Investment One Stockbrokers Int’l Ltd as a Distribution Agent (DA) for the bond, will be receiving applications from the investing public starting from the […]
Investors Bite
Dangote Sugar Refinery Plc: Strong test in 2018; SELL
April 11, 2018/Cordros Report Update: We revise estimates for DANGSUGAR following 2017FY results and call with management. Key change to our model estimates is the downward revision of volume and margin, and consequently, earnings. On net, we revise revenue estimate 5% lower, and EBITDA, EBIT, and net profit estimates by […]
MTN Nigeria IPO Done by Year-End If Market Allows, CEO Says
9/4/2018/Bloomberg By Emele Onu and Tope Alake Mobile-phone carrier earlier expected completion by mid-2018 Company’s planned IPO in Ghana ‘well advanced’: Shuter MTN Group Ltd. expects the listing of its Nigerian unit on the Lagos stock exchange to be done by the end of 2018, its CEO said, after suggesting […]
