November 27, 2017/United Capital Plc It was a historic evening for United Capital Plc who achieved a remarkable feat, winning five awards, three of which were in the Main Competitive Award Category at last night’s PEARL Nigeria Awards. The firm also received the overall highest award ‘The PEARL’ ousting AIICO Insurance Plc […]
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Intraday Update: NSEASI Down 0.08%, Heads South on Sell-Offs in Banking, Consumer Goods Counters
November 27, 2017/InvestmentOne Research ASI as at 12.00pm: -0.08% Market movers: INTBREW (-6.38%), FCMB (-4.46%), LAWUNION (+4.92%), PZ (+3.70%) Sector Performances: Banking (-0.03%), Consumer Goods (-0.11%), Industrial (+0.01%), Oil & Gas. Market activity: Activity levels improved, compared to this time on Friday, as investors have exchanged a total volume of c.783m […]
Unilever Nigeria Q2 and Q3 2017 Results Review: Longer Term Prospects Supported By Capital Raise
Culled—Proshare November 24, 2017/FBNQuest Research Increase to earnings estimates Unilever Nigeria successfully raised N58.9bn via a rights issue in September, adding 1.96bn shares to the existing 3.78bn shares. Management disclosed that the funds will be used to repay intercompany loans, support working capital and for capacity expansion. Between 2014 and […]
