April 10, 2018/NSE PROTOCOL The Director General, Debt Management Office, distinguished members of the high table, dealing members and other guests here present; on behalf of the National Council, Management and Staff of the Nigerian Stock Exchange, I welcome you all to the Facts behind the listing ceremony of the […]
Investors Bite
11 Plc – Earnings Beat Estimates Despite YoY Profit Decline
Culled—Proshare April 10, 2018/Vetiva Research • FY’17 gross profit dips 3% y/y despite decent topline growth • Strong hold on OPEX, rental income lift operating earnings 11% higher • Bottom-line declines 8% y/y on ₦2.2 billion extraordinary expense • Ongoing investment by new core investor to support margins • Valuation revised higher amidst lower risk […]
FGN Lists First Sovereign Sukuk on FMDQ OTC Securities Exchange
April 10, 2018/FMDQ OTC In acknowledging the crucial role infrastructure plays in enabling sustainable development and enhancing quality of life and business activities, the Federal Government of Nigeria (FGN) through the Ministry of Finance (MoF) and the Debt Management Office (DMO), again demonstrated its unrelenting commitment to the development of […]
