August 28, 2017/InvestmentOne Research UBA released its Q2 2017 results on Thursday, which showed a +25.9% q/q jump in PBT to N32.1bn, its highest quarterly performance over the last three years. Furthermore, PBT was +21.7% higher than our estimates largely due to the non-interest income performance. The bank’s jump in […]
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UNILEVER Nigeria N58.9 Billion Rights Issue Closes Sept’08 ’17
August 28, 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 – […]
Update: Guinness Nigeria N39.7Billion Rights Issue Closes August 30’17
August 28, 2017/Cordros Research Guinness Nigeria Plc’s (GUINNESS) Rights Issue, opened on 24 July, 2017, will close on Wednesday, 30 August 2017. The Rights Issue is being undertaken to enable GUINNESS optimize its capital structure by repaying its various outstanding loan obligations, thereby reducing financing costs. Details of the Rights: […]
