By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Buying momentum persisted Thursday on the Nigerian Stock Exchange (NSE) as the all-share index (ASI) advanced 0.43 percent to close at 27,236.78 points. “Today’s activities further decreased the Month-to-Date and Year-to-Date losses to 3.88 percent and 5.07 percent respectively,” according to Cordros daily market update. […]
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Unilever Nig Plc: A Cosmetic PAT in Q3-2016
27/101/2016/Cordros Research UNILEVER released results for nine months and third quarter ended September 2016. The key features of the third quarter result are (1) 25.9% y/y and 13.5% q/q revenue growth; (2) elevated cost pressure — which saw gross margin contract by 923bps y/y and 317bps q/q; (3) y/y and […]
Nigerian Breweries Excites Shareholders, Declares Interim Dividend
27/10/2016/TPT International The Board of Directors of Nigerian Breweries Plc has announced an interim dividend of N7.929 billion, that is N1.00 (One Naira) per ordinary share of 50 kobo in the share capital of the Company for the 9 month period ended 30th September 2016. This is despite the marginal […]
