7/8/2017/Proshare Markets Union Bank Plc held its H1’17 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading market analysts and professionals. In reviewing the operating environment, the bank stated that despite the decline in crude oil prices, sustained production levels maintained the external reserves value at […]
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Dangote Cement – Moving To Neutral after Strong Rally
Culled—-Proshare August 7, 2017/FBNQuest Research Downgrading to Neutral on valuation grounds Dangote Cement’s (DangCem) Q2 2017 unit volumes declined by around 16% y/y to c.5.5 million metric tonnes (mmt). Despite this, the results showed strong y/y growth in sales and PBT. The results were driven by elevated cement prices (up […]
Osinbajo Says Any Serious Investor Targeting Africa Must Come to Nigeria
August 7, 2017/Press Release * “Nigeria is a country open to free enterprise and it will work” “I like the idea of investors knowing that the reason why you are coming to Nigeria is not to help Nigeria. You will ultimately end up helping Nigeria, but the reason why you are […]
