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Dangote Cement Q2 2021 Results Review: Moving to Outperform from Neutral

August 25, 2021/Proshare By FBNQuest Research Negligible changes made to EPS outlook over the ’21-22f period; PT up by 15% DangCem’s Q2 results were broadly in line with our expectations. However, following its Q2 ’21 investor call, we have made slight adjustments to our forecast. Firstly, we have raised our […]

MIDDAY UPDATE: Nigerian Stocks Gains +0.4%

August 24, 2021/InvestmentOne Update ASI as at 12.00pm: +0.04%. Market movers: MORISON (+10.00%),  TRIPPLEG (+9.09%), FTNCOCOA (-6.82%)  and COURTVILLE (-5.88%). Sector Performances: Banking (+0.30%),  Consumer Goods (-0.03%),  Industrial and Oil and Gas. Market activity: In today’s early trade, investors have traded about 56million units of shares worth  N489million. COURTVILLE (-5.88%) is the most actively traded stock […]

CBN Issues New Guidelines for Mobile Money Operators in Nigeria

The new guidelines provide a robust coverage of the MMO value chain from service providers to subscribers and agents August 5, 2021/APO By Ibrahim Moshood Introduction The apex regulator of banking activities in Nigeria has released new guidelines to further regulate the services provided by mobile money operators (MMOs) in […]