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Fidelity Bank – Still Worth Holding, On FY Dividend Expectations

Culled—Proshare September 5, 2017/FBNQuest Research Ytd rally limits upside potential Similar to our results review after Fidelity Bank’s Q1 2017 results, we have increased our PBT forecasts over the 2017-18E period modestly, despite the bank’s Q2 2017 results coming in well ahead of expectations. Focusing on 2017 specifically, the modest […]

Unilever NigeriaN58.8Billion Rights Issue Close September 8, 2017

September 5, 2017/Cordros Capital Unilever Nigeria Plc’s (UNILEVER) Rights Issue, opened on 31 July, 2017, will close on Friday, 08 September 2017. The Rights Issue is being undertaken to enable UNILEVER repay its various outstanding loan obligations and to support working capital. Details of the Rights: Being Issued –                       […]

Guinness Nigeria Reports N125Billion Revenue in 2017 FYE

September 5, 2017/Guinness Nigeria Plc Click here to download full PDF Copy of Result Guinness Nigeria plc today announced a 23% increase in revenue for the full year ended 30 June 2017. The results, which were released to the Nigerian Stock Exchange (NSE), also showed a gross profit of N48.3bn […]