Investors Bite

Cement Company of Northern Nigeria Plc: Q3-17 PAT; A Bang!

  October 20, 2017/Cordros Research Click here to download full PDF copy of report CCNN just released Q3-17 result, showing revenue (86.1% y/y), EBITDA (553% y/y), and PAT (1,500% y/y) all grew strongly. Compared to Q2-17, strong double-digit growth was also recorded across all line items – revenue (23%), EBITDA […]

Nigerian Stocks Heads North on Performance in Consumer, Banking Counters

October 20, 2017/InvestmentOne Research ASI as at 12.00pm: +0.05  Market movers: INTERBREW (+4.49%), CCNN (+0.98%), ETI (-0.4%),  DANGSUGAR (-0.31%)  Sector Performances: Consumer Goods (+0.32%), Industrial (+0.19%), Banking (-0.13%),  Oil & Gas   Market activity: Investors only managed to exchange a tamer c.21m units of shares which translated to c.348m in value […]

Dangote Cement still interested in South Africa’s PPC: CEO

19/10/2017/Reuters Chijioke Ohuocha   Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing chief executive officer Onne van der Weijde said on Thursday. Weijde said PPC was a “good fit” for Dangote Cement, which is majority owned […]