March 21, 2018/NSE FCMB has announced the election of a new Chairman – Mr. Oladipupo Jadesimi following the approval of his appointment as a Non – Executive Director by the Central Bank of Nigeria and subsequent approval of his nomination as Chairman by the Board of Directors at its meeting […]
Investors Bite
CWG Says Estimated Earnings, FYE Projections to be Lower than Previous Years
March 20, 2018/NSE Following the preliminary review of CWG Plc’s (“the Company”) Financial Statements for the year ended 31 December 2017, it is expected that the estimated earnings and year-end financial projections will be materially lower in comparison to the prior year financials. The reduction in earnings is predominantly a […]
Dangote Cement Reports Q4 2017 Results – Sales and PBT Up By 17% YOY and 116% YOY Respectively
Culled–Proshare March 20, 2018/FBNQuest Research Event: Dangote Cement reports Q4 2017 results Implications: Upward revisions to consensus 2018 PBT forecast likely Positives: Sales and PBT up by 17% y/y and 116% y/y respectively Negatives: After-tax loss of –N16.1bn due to negative surprise in OCI This afternoon, the NSE published Dangote Cement’s […]
