October 10, 2017/Cordros Research Click here to download full PDF copy of report The equities market halted the 4-day gaining streak, with the ASI depreciating by 0.15% to 36,776.60 points, as investors took profit on previous gains. Accordingly, the Month-to-Date and Year-to-Date returns reduced to 3.77% and 36.85%, respectively. The […]

Culled—Proshare October 10, 2017/Vetiva Research Lafarge to raise ₦131.65 billion via Rights issue EPS dilution imminent in near-term amidst Post-rights target price estimated at ₦62.06 Rights details out; price set at ₦42.50 Following the conclusion of the Extra-Ordinary General Meeting, the Board of Lafarge Africa PLC announced the details of […]

Culled—Proshare October 10, 2017/FBNQuest Research  Strong earnings growth outlook over the 2017-19E period Dangote Sugar Refinery’s (DSR) growth story over the medium term is compelling. We forecast EPS growth to average 45% y/y over the 2017-19E period. We expect the company’s dominance of the sugar industry to persist well beyond […]