By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a 6-day losing streak with the all-share index (ASI) advancing by 0.18 percent to close at 26,221.75 points; driven by renewed interest in banking stocks. “Following today’s gain, the Month-to-Date (-3.67 percent) and Year-to-Date (-8.73 percent) returns […]
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Invest in FGN Monthly Bond Auction – November 2016
Culled—Proshare November 10, 2016/DMO The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications for N35,000,000,000 – 14.50% FGN JUL 2021 (5-Year Re-opening)* N25,000,000,000 – 12.50% FGN JAN […]
Unilever Nigeria Plc – Finance Costs Surprised Negatively
Culled—Proshare November 9, 2016/FBNQuest Research Modest cut to estimates; PT unchanged Unilever Nigeria’s Q3 2016 sales were stronger than we expected. However, PBT was weak and fell c.88% short of our estimate because of a negative surprise in net finance charges. As such, we have cut our earnings (pre-tax profit) […]
