…as Mixta Real Estate PLC Lists ₦4.50bn Bond on the OTC Exchange April 4, 2017/FMDQ OTC Following the approval granted the Lagos State Government by the Board Listings, Markets and Technology Committee of FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange), for the listing of the Lagos State ₦47.00bn […]
Investors Bite
Striking FY 16 Loss: Is Seplat Plc Off The Hook? Sell Recommendation
Culled—Proshare April 4, 2017/ARM Research Last week, Seplat Petroleum Development Company Plc. (Seplat) published its FY 16 audited result, which revealed striking before and after tax losses of $172.7million and $166.1million respectively (2015: PBT – $87.1million, PAT – $65.6million), following sustained force majeure on its key export route (Trans Forcados […]
FGN Savings Bond: Second Monthly Issuance
April 3, 2017/InvestmentOne Research The Federal Government of Nigeria, through the Debt Management Office(DMO), had on the 13th of March 2017 issued the first series of the monthly 2year and 3year tenured savings bond. This bond has a quarterly payment of interest at a coupon rate of 13.01% and has […]
