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 […]
Investors Bite
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 […]
Zenith Bank shelves plans to raise 100 bln naira due to weak economy
23/3/2017/Reuters By Oludare Mayowa Nigeria’s Zenith Bank has shelved plans to raise 100 billion naira ($318 million) via a combination of bonds and share sales due to weak capital markets, it said on Thursday. The bank had expected market conditions to improve when it announced plans to seek approval for […]
