Investors Bite

SEC Distances Self from Publication on Intel’s Gabriele Volpi and Oando’s Wale Tinubu

September 8, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Friday dissociated itself from the publication in the Thisday Newspaper captioned “Intel’s Volpi Steps Up Battle Against Wale Tinubu over Control of Oando,”. “The attention of the Securities and Exchange Commission has been drawn to a publication […]

PZ Cussons Nigeria Plc FY 2017 – Impressive End to FY’17, EPS Up 73% YoY

Culled—Proshare September 8, 2017/Vetiva Research ·         FY’17 revenue beats estimates, up 15% y/y ·         Strong margin improvement cushions huge FX loss ·         FY’17 PAT up 73% y/y to ₦3.7 billion, above Consensus ₦2.8 billion Better than expected Q4 drives revenue beat PZ released FY’17 results (year ended 31 May) posting […]

NSE ASI Heads Northward on Gains in Banking Counters

September 8, 2017/InvestmentOne Research ASI as at 12.00pm: +0.17% Market movers: NAHCO (+4.89%), FCMB (+3.77%), BETAGLAS (-5.00%), JAIZBANK (-4.05%) Sector Performances: Banking (+0.66%), Industrial (+0.17%), Consumer Goods (+0.01%), Oil & Gas Market activity: Investors have exchanged c.33m units of shares worth N616m so far today; representing a considerable decline in total […]