Culled—Proshare March 24, 2017/FBNQuest Research Event: Unilever Nigeria reports Q4 2016 results Implications: Upward adjustments to consensus estimates likely Positives: Sales, PBT and PAT up 21% y/y, 65% y/y and 43% y/y respectively Negatives: No obvious negatives This afternoon, Unilever Nigeria (Unilever) reported Q4 2016 results which showed positives on major […]
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Nigeria offers 1-year treasury above inflation for second time – CBN
Culled—Proshare March 24, 2017/Reuters Reporting by Oludare Mayowa; Editing by Chijioke Ohuocha and Ed Osmond Nigeria’s central bank said on Thursday it sold one-year treasury notes at 18.69 percent, above inflation rate for the second consecutive time in a bid to maintain positive yield and attract investors. The bank said […]
Unilever Nigeria Plc Q4-16 First Glance: A Surge in PAT From Near-Zero Levels
March 24, 2017/Cordros Research Click here to download PDF Report Unilever Nigeria Plc (UNILEVER) released Q4-2016 and 2016 full year results late yesterday. The full year result, boosted by the company’s performance in the fourth quarter, significantly beat consensus. Revenue in 12 months grew by 17.8% while PAT increased by […]
