Investors Bite

Dangote signs $450million jumbo sugar production MoU with Niger State

August 23, 2017/Dangote Group In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group (www.Dangote.com) today in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million state-of–art and […]

Access Bank Reports Q2 2017 Results as PBT Declined Marginally by -3% y/y to N20.8bn

Culled—Proshare August 23, 2017/FBNQuest Research Event:                     Access Bank reports Q2 2017 results Implications:     Consensus earnings estimates likely to move up; Neutral reaction expected from the market Positives:              Strongly double-digit revenue growth Negatives:            Opex increased by 45% y/y; provisions by 124% q/q This afternoon Access Bank (Access) published its […]

What you need to know about Coronation’s Mutual Funds

Culled—Proshare August 23, 2017/Coronation Coronation Asset Management, a subsidiary Coronation Merchant Bank Group is one focused on developing a unique footprint in the global financial markets through offering specialized investment strategies to investors. The mutual funds under its management include: 1.      The Coronation Money Market Fund The aim of the […]