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 […]
Investors Bite
NSE CEO Says DMO Worked to Develop Debt Markets to Bridge the Long-Term Financing Gaps
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 […]
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 […]
