February 21, 2018/NSE We hereby notify the Exchange, esteemed shareholders, stakeholders and the general public that the Board of Directors of AXA Mansard Insurance Plc at its meeting on Tuesday, February 20, 2018, approved the Company’s audited financial statements together with the Directors and Auditor’s reports for the financial year […]
Investors Bite
Nigerian Stocks Up Marginally +0.02% on Gains in Key Banking Counters
February 21, 2018/InvestmentOne Report The Nigerian equities market closed somewhat flat today as ASI gained +0.02%. However, market breadth index ended negative with 30 decliners against 21 gainers. JAPAULOIL (+5.71%) was the top gainer while CONOIL (-9.58%) had the worst performance. The most actively traded stock was CUSTODIAN with c.94million […]
Nigerian Breweries Q4 2017 Results Review – Maintaining Underperform Rating
Culled—-Proshare February 21, 2018/FBNQuest Research Cuts to our 2018-19E EPS forecasts and price target Nigerian Breweries’ (NB) Q4 2017 results came in well behind our forecasts mainly due to negative surprises in sales and gross margin. The negative surprise in sales was largely reflective of a mid-single digit y/y decline […]
