In Your Interest
October 26, 2017/Cordros Research NB released Q3-17 result earlier today. In our view, NB’s performance during the three months period was broadly disappointing. Although revenue grew 12.8% y/y, it was below our estimate by c.9%. PAT on the other hand, was down 75% y/y, and 97% below our estimate on […]
October 26, 2017/InvestmentOne Research ASI as at 12.00pm: -0.29% Market movers: MOBIL (-14%), NB (-3.8%), DANGFLOUR (+0.76%), DANGSUGAR (+0.24%), Sector Performances: Oil & Gas (-1.37%), Consumer Goods (-0.98%), Banking (+0.09%), Industrial and Insurance. Market activity: So far today, investors have exchanged c.90m units of shares worth c.N1.2bn in value. UBA […]
25/10/2017/Fitch Ratings Investors have turned bullish on prospects for companies to ramp up investing in the economic upturn, with more than three quarters now expecting a boost in capex spending, according to Fitch Ratings’ latest European senior investor survey. An overwhelming 78% of respondents now believe corporates will boost investment […]