Investors Bite

Dangote Sugar Refinery Plc – Bet the Ranch?

Culled—Proshare August 16, 2017/ARM Research Across the consumer clime, Dangote Sugar Refinery (DSR) has been one of the more attractive stocks with key drivers pointing to sustained momentum. Particularly, higher refined sugar prices, softer raw sugar prices, and improved dollar liquidity drove operating performance to record levels. Reflecting the sturdy […]

SEC Says MTN Nigeria Still on Course to List Shares

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Wednesday said telecoms giant MTN Nigeria is still in talks with the Commission on listing its shares on the Nigerian Stock Exchange (NSE), Mounir Gwarzo, director general (DG) of SEC disclosed at the second quarter  Capital Market Committee […]

Guinness Nigeria N39.7 Billion Rights Issue closes on 31 August 2017

August 16, 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: […]