Culled—Proshare March 30, 2017/FBNQuest Research Increase to earnings estimates and price target Unilever Nigeria’s Q4 2016 results were better than we expected due to positive surprises on the sales and operating expenses lines. As such, we have increased our earnings estimates for the 2017-18E period significantly. On the back of […]
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Sterling Bank Plc Q4 2016 Results: Key Highlights
March 30, 2017/InvestmentOne Research Sterling Bank released its Q4 2016 results earlier today. Please find key highlights of the Q4 2016 results below: · Net interest income of N14.5bn, down -8.9% q/q; up +54.4% y/y · Loss before tax of –N71m · Loss after tax of –N374m Please click to […]
NSE National Council Approves Demutualisation Process
March 30, 2017/NSE The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce that its members have approved the demutualisation programme of the Exchange. This decision was reached at the Extra-Ordinary General Meeting (EGM) of its members which held on Thursday, March 30, 2017, at the Stock Exchange […]
