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Guinness Nigeria Reports Pre-tax and Post-tax Losses of N2.4bn in Q2’17 Results

Culled—-Proshare January 26, 2017/FBNQuest Research Event: Guinness Nigeria reports Q2 2017 (end-Dec) results Implications: Marked downward revisions to consensus 2017 PBT forecast expected; market likely to react negatively Positives:  Sales grew 30% y/y; 23% ahead of our estimates Negatives: Guinness reported pre-tax and post-tax losses of –N2.4bn This morning, the […]

SEC Committed to development of Exchanges

January 25, 2017/SEC The Director –General of the Securities and Exchange Commission (SEC), Mounir Gwarzo has restated the commission’s resolve to promote the development of Commodity Exchanges in the country.  Speaking when he received the New Exco of the Association of Stockbroking Houses of Nigeria(ASHON)  on  a courtesy call at […]

PZ Names Abiola Laseinde New Company Secretary

January 25, 2017/NSE We write to notify the investing public of the appointment of Mrs. AbioJa Laseinde as the Company Secretary/  Head of Corporate Services  for Africa of PZ Cassons  Nigeria Plc with effect from 3rd January 2017. Abiola Laseinde joined PZ Cussons on 5″ September 2016 as Regional Head […]