May 22, 2017/Thisday C&I Leasing Plc plans to raise additional $100 million to expand its operations. The Group’s Chief Finance Officer (CFO), Mr. Alex Mbakogu, disclosed this at the firm’s investors’ forum in Lagos. According to him, while exploring cheaper sources of funds, the company also plans redemption of $12.4 […]
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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 […]
