Culled—Proshare 17/8/2017/FBNQuest Research The DMO looks to raise N135bn from next week’s monthly auction of FGN bonds, and is offering the same five, ten, and 20-year benchmarks as in the past four months. Its record has been exemplary this year, having raised N960bn in seven months towards the target for […]
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UAC of Nigeria Q2 2017 Results Review – High Business Costs Weighed on H1 Performance
Culled—Proshare August 17, 2017/FBNQuest Research 7% cut to our EPS estimates over the 2017-18E period UACN’s earnings remain under pressure from rising costs across its various businesses. The firm posted PAT of N450m, down -37% y/y and -18% q/q respectively. The food & beverage segment accounted for c.82% of Q2 […]
Zenith Bank Says Olusola Oladipo Exits from Its Board
August 17, 2017/NSE We write to notify the Exchange that Mr. Olusola Oladipo has notified the Board of his retirement with effect from 30 August, 2017. This follows the expiration of his tenure of office as Executive Director. The Board has accepted the retirement. We request that you kindly update […]
