Culled—Proshare September 22, 2016/Vetiva Research Volume shock cuts FY’16 sales to lowest since 2008 · ₦3.5 billion FX loss undercut earnings · Reports ₦2 billion LAT in FY’16 · Bleak outlook, forecasts revised, shares rated SELL Revenue slump amidst volume rout, lower price mix In line with guidance from […]
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NSE Halts 2-Day Gains on Selloffs across Major Counters
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a two-day consecutive gain on selloffs across major counters. This was mainly the result of late selloffs in the shares of Nigeria’s most capitalised company and cement producer, Dangote Cement Plc dropping 148.84 points as the […]
Nestle Nigeria Names Maurico Alarcon as New MD Effective 1st October 2016
September 22, 2016/NSE This is to notify the general public of the recent changes to the Board of Directors of Nestle Nigeria Plc. The Managing Director of Nestle Nigeria Plc, Mr Dharnesh Ghordhon, has resigned his appointment as a Director and Managing Director of the Company with effect from 1st […]
