Culled—Proshare November 7, 2016/FBNQuest Research Headwinds weigh on earnings forecast Cadbury Nigeria’s (Cadbury) Q3 2016 sales beat our forecast by 15.5%. In addition to base effects, our channel checks indicate that the company likely gained some share following price increases by close competitor Nestle for its Milo product during the […]
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Eterna Proposes 25 Kobo Per Share Dividend in 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-oil services firm, Eterna Oil Plc has proposed a dividend of 25 kobo per share to investors of the company. Eterna said on Friday that closure of Register for the period ended September 30, 2016 is November 22, 2016, payment date is December 12, 2016 after its […]
Lafarge Says Total Outstanding Shares now 5.42 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc said on Friday that total outstanding shares of the company now stood at 5,423,567,700. This is coming on the heels of the addition of 413,175,709 ordinary shares were added to the outstanding shares of Lafarge from the acquisition of indirect 50 percent […]
