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Dangote Cement Q1 2017 Results Review – Maintaining Outperform Rating

Culled—Proshare May 18, 2017/FBNQuest Research 2% increase to our price target; maintaining Outperform rating Dangote Cement’s (DangCem) Q1 2017 results came in ahead of our forecasts across the board. The variance relative to our forecasts was driven by (i) slightly higher pricing and unit volume in Nigeria which were around […]

Weekly Fixed Income and Currency Market Update-InvestmentOne

May 17, 2017/InvestmentOne Research Please click to download the Fixed Income and Currency Market Report for the Week ended 12th May 2017   MONEY MARKET  ·         Money market rates continued to trend upwards in the outgone week as CBN’s FX sales and OMO auctions (N93bn) more than offsetting the N88bn worth OMO […]

Mixta Nigeria to list N4.5b bond on NSE

May 17, 2017/The Nation Taofik Salako Mixta Real Estate Plc has obtained regulatory approval to list its N4.5 billion 17 per cent Guaranteed Fixed Rate Bond on the Nigerian Stock Exchange (NSE). The bond listing will pave for investors to trade on the bond. The N4.5 billion bond was issued […]