By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday resumed the week on a negative note as the all-share index (ASI) shed 0.83 percent to close at 25,587.09 points. “Today’s negative proceedings increased the Month-to Date and Year-to-Date losses to 1.73 percent and 4.79 percent respectively, according to reports from […]
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Flour Mills of Nigeria Results Review – Strong Q3’17 Results; Maintaining OP Rating
Culled—Proshare February 6, 2017/FBNQuest Research Maintaining OP rating despite modest increase to PT Flour Mills of Nigeria’s (FMN) Q3 2017 (end-Dec) PBT came in well ahead (+104%) of our forecast. The key drivers behind the strong results were positive surprises in sales and gross margin, which beat our forecasts by […]
Dufil Prima Quotes ₦4.50bn Commercial Paper Notes on FMDQ OTC Securities Exchange
4/2/2017/FMDQ OTC In consolidation of the value-add derived by government and corporate entities in the past year from its credible and efficient platform, FMDQ OTC Securities Exchange (“FMDQ” or “the OTC Exchange”) has diligently continued to support the deepening of the Nigerian debt capital market (DCM) through the offerings of […]
