In Your Interest
By Abdulquddus Okele InvestAdvocate Lagos (INVESTADVOCATE)-Top tier beer producer, Nigerian Breweries Plc said on Thursday its pretax profit for the period ended September 30, 2017 climbed up 23.86 percent to N34.4 billion from N27.7 billion recorded a year ago. Similarly, post-tax profit for the period increased 19.39 percent to N24.0 […]
Culled—Proshare October 26, 2017/ FBNQuest Research 19% avg. increase to our 2017-18E EPS forecast and price target Fidelity Bank’s (Fidelity) Q3 2017 results came in ahead of our expectations for the third quarter in a row. Opex and funding income in particular helped. Consequently, we have cut our opex forecasts […]
25/10/2017/Reuters Unilever Nigeria’s 58.85 billion-naira ($187 million) rights issue was 120 percent subscribed, the company said on Wednesday. The local subsidiary of Anglo-Dutch consumer goods group Unilever, said in a statement it sold 14 new new shares for every 27 held at 30 naira each. The company, which is 60.05 […]