Culled—Proshare 16/2/2018/NASD Plc Shares of UBN Property Company Plc have been approved to trade on the OTC Market. The security was introduced by Equity Capital Solutions Limited by way of Security Admission. UBN Property Company Plc., a subsidiary Union Bank of Nigeria, was incorporated on 24 March, 2003.The Company is involved in […]
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Africa’s Richest Man to Revive Dangote Cement London IPO
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 […]
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 […]
