September 14, 2017/DMO The Sovereign Sukuk is a non-interest bearing security. It is an obligation of the Federal Government of Nigeria (FGN). Similar to other FGN Securities, the Sovereign Sukuk is being issued by the Debt Management Office through the FGN Roads Sukuk Company 1 Plc. Benefits of a Sovereign […]
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Stocks Close Positive Second Consecutive Day on Gains in Dangote Cement, Nestle, Nigerian Breweries
September 14, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 14th September 2017 EQUITIES: The equities market closed positive for the second consecutive trading session today, following the gains in DANGCEM (+246pts), NESTLE (+34pts), NB (+11pts), which more than offset the declines in ZENITHBANK (-50pts) and UNILEVER (-24pts). […]
Stanbic IBTC Reports Strong Positive Performance, Howbeit Overpriced…
September 14, 2017/Cowry Asset Research With respect to overall industry performance, Stanbic IBTC posted very impressive results in H1 2017. Given its efficiency and profitability compared with industry metrics among other things, we arrived at an ‘A’ rating. However, it has an upside of –ve 62.81% to its target price, […]
