March 26, 2018/Cordros Update EQUITIES The bourse started the week on a bearish note, as the ASI inched lower by 0.04% to 41,454.30 points, owing to continued selloffs of major stocks. Accordingly, the Month-to-Date loss increased to 4.33%, while the Year-to-Date return was lower at 8.40%. The Oil & Gas […]
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Cement Company of Northern Nigeria Says 2017 Pretax Profit up 141.4%, Offers N1.25 Dividend
ByInvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Cement Company of Northern Nigeria Plc (CCNN) (Sokoto Cement) on pretax profit for the period ended December 31, 2017 rose 141.4 percent to N4.20 Billion from N1.74 posted a year ago. Post-tax profit of the company in the review period increased 157.1 percent to N3.22 billion […]
T-Bills Rates Expected to Trend Slightly Higher
Culled—Proshare March 26, 2018/Afrinvest Research Treasury Bills market (“T-Bills”) rates across tenors remained relatively flat last week declining 1bp W-o-W. System liquidity remained robust as OMO and T-Bills maturities hit the system towards the end of the week – only 50.0% of the matured bills was rolled over at the […]
