March 9, 2018/Cordros Capital I was on a local TV programme yesterday to discuss NESTLE’s already published 2017FY results. I also discussed my expectation of the soon-to-be released consumer goods companies’ results (DANGSUGAR, UNILEVER, and CADBURY). The presenter wasn’t quite convinced about the performance of consumer goods companies in 2017FY […]
Investors Bite
MTN cuts 2018 dividend to manage debt
8/3/2018/Premium Times Oladeinde Olawoyin The Telecoms firm, MTN Group, on Thursday announced its decision to cut its 2018 dividend as a means of cutting debt. The firm, however, outlined increases in dividend in the next three to five years, a plan it described as a “progressive” dividend policy. The company […]
Nigerian Stocks Up +0.33% on Gains in Banking, Consumer Goods Counters
March 8, 2018/InvestmentOne Report The Nigerian equities market closed positive today as ASI advanced by +0.33%. Similarly, market breadth index ended positive with 30 gainers against 28 decliners. JAPAULOIL (+9.88%) topped the gainersâ chart today while CILEASING (-9.28%) had the worst performance. With respect to volume, CAPOIL […]
