February 28, 2017/CPMI/IOSCO A new report provides technical guidance to authorities to enable them to set rules on assigning uniform global Unique Transaction Identifiers (UTIs) to over-the-counter (OTC) derivatives transactions. The report, entitled Harmonisation of the Unique Transaction Identifier, is a joint effort of the Committee on Payments and Market […]
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Dangote Cement Proposes Final Dividend of N8.50 per share in 2016 End
Click here to download full report By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer and Nigeria’s most capitalised listed company, Dangote Cement Plc has proposed a final dividend of N8.50 kobo per share to its shareholders compared to N8.00 paid in 2015 end. This is coming on the heels of the release of […]
ALERT – Dangote Cement Plc’s 2016FY Net Profit Beat Consensus After Posting Tax Credit
February 28, 2017/Cordros Research Dangote Cement Plc (DANGCEM) just released 2016FY result wherein revenue grew by 25% (to N615 billion vs. consensus’ N620 billion) while PAT increased by just 2.9% (to N186.6 billion vs. consensus’ N175 billion). A tax credit of N20.89 billion (resulting from deferred tax credit) was reported […]
