Continent’s largest cement maker is seeking about $1 billion Move comes as Nigerian stocks soar with rising oil price 16/2/2018/Bloomberg By Loni Prinsloo, Paul Wallace, and Ambereen Choudhury Dangote Cement Plc, owned by Africa’s richest man, has revived plans for a share sale in London that could raise about $1 […]
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Nigerian Breweries Q4’17 Result: Slide in Net Finance Cost Supports Bottom Line performance
16/2/2018/InvestmentOne Report · Mixed topline growth: up +21.98% q/q; down -1.27% y/y · Mixed gross margin: up +659.9bps q/q; down -86.8bps y/y · Contraction in opex to sales ratio: down -592.9bps q/q; -97bps y/y · Improvement in PBT: N12.20bn in Q4 2017 against N370m in Q3 2017, +2.72% y/y On Thursday, Nigeria […]
FOREX: Naira Shed -0.06% to Close at N360.36/USD
16/2/2018/InvestmentOne Report Please click to download the Market Report for Friday 16th February 2018 EQUITIES: · The Nigerian equities market sustained its uptrends as ASI advanced by +0.08% in today’s trading session but down -1.13% WTD. · Today’s performance was largely driven by the gains in; NESTLE (+121pts), ZENITHBANK (+31pts), TRANSCOHOT (+7pts), […]
